NOT LISTED FOR SALE

723 SE 151st Ave Portland, OR 97233

Centennial Neighborhood

Estimated Value: $469,000 - $508,000

3 Beds
2 Baths
1,450 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $360,000 $248 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,110/month

131 Days on Market

Highlights

  • RV Access or Parking
  • Private Lot
  • No HOA
  • 0.48 Acre Lot
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of August 2020

Opportunity abounds 3 bd 2 ba ranch home, refinished hardwood floors, living-room/dining-room. Gated RV parking w/large 30 x 36 shop on a huge dividable .44 acre lot. R7 zoning may allow additional homes to be built, buyer to do their own due diligence. There is plotted access to the back of the property. Builders pack available by request.

Last Agent to Sell the Property

Gary Musgrove

Berkshire Hathaway HomeServices NW Real Estate License #200409176 Listed on: 03/02/2020

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

Xiao Tang

Xiao Tang License #200406248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 66 x 367
  • Private Lot
  • Level Lot
  • Property is zoned R-7

Parking

  • 3 Car Detached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Heatilator
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

  • Parklane Elementary School
  • H.B. Lee Middle School
  • David Douglas High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R208264

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,503

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1949
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Volts220,Plumbed
  • OtherStructuresType1: Workshop
  • Room 12 Features: FireplaceInsert,HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 8 Features: HardwoodFloors
  • Room 9 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, Heatilator
  • Basement: CrawlSpace
  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • OtherStructuresBathsTotal: 0.00
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 154
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 130
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 99
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Aluminum
  • Exterior Features: RVParking, ToolShed
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: No
  • Lot Features: Level, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Parklane
  • High School: David Douglas
  • Middle Or Junior School: H.B. Lee

Lot Info

  • Zoning: R-7
  • Lot Size Acres: 0.48
  • Lot Size: 66 x 367
  • Lot Size Sq Ft: 20908.0
  • Parcel #: R208264

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4502.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 21, 2020
Sold by
Draghiaa Michael
Bought by
Ma Jiian Qiang and Liu Qi Yu
Seller's Agent
Gary Musgrove
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Xiao Tang
Xiao Tang
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Current Estimated Value
$486,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,530
Avg. Annual Appreciation
6.18%
Original Mortgage
$250,000
Outstanding Balance
$222,266
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$264,264

Purchase Details

Closed on
Jan 15, 2009
Sold by
Buckner Rosemary I
Bought by
Lupei Annie and Lupei Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1996
Sold by
Hutson Virgil H
Bought by
Rey Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,450
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ma Jiian Qiang -- First American
Lupei Annie $225,000 Chicago Title Insurance Co
Rey Gerald L $159,950 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Jiian Qiang $250,000
Closed Lupei Annie $168,750
Previous Owner Rey Gerald L $195,000
Previous Owner Rey Gerald L $160,000
Previous Owner Rey Gerald L $10,000
Previous Owner Rey Gerald L $122,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $360,000 -1.4% $248 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $365,000 -18.9% $252 / Sq Ft
02/28/2020 02/28/20 For Sale $450,000 -- $310 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,763 $252,240 -- --
2023 $5,518 $244,900 $0 $0
2022 $5,383 $237,770 $0 $0
2021 $5,430 $230,850 $0 $0
2020 $4,842 $224,130 $0 $0
2019 $4,659 $217,610 $0 $0
2018 $4,503 $211,280 $0 $0
2017 $4,339 $205,130 $0 $0
2016 $4,183 $199,160 $0 $0
2015 $4,078 $193,360 $0 $0
2014 $4,002 $187,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Musgrove

    Seller's Agent in 2020

    Gary Musgrove

    BHHS Oregon- Northwest

    (503) 572-4857

    2 in this area

    84 Total Sales

    Gary Musgrove
    Section Image
  • Xiao Tang

    Buyer's Agent in 2020

    Xiao Tang

    Xiao Tang

    (971) 998-2121

    14 Total Sales

    Xiao Tang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20314567

Regional Multiple Listing Service (RMLS)

APN: R208264

Oregon Multnomah County Portland 97233 Centennial

723 SE 151st Ave, Portland, OR

This home is located at 723 SE 151st Ave, Portland, OR 97233 since 02 March 2020 and is currently estimated at $486,530, approximately $335 per square foot. This property was built in 1949. 723 SE 151st Ave is a home located in Multnomah County with nearby schools including Parklane Elementary School, Centennial Middle School, and Centennial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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