NOT LISTED FOR SALE

7401 SE 87th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $370,000 - $436,000

2 Beds
1 Bath
1,083 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $320,000 $295 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,463/month

7 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Detached Garage
  • Quartz Countertops
  • Stainless Steel Appliances
  • Oversized Parking

About This Home

As of June 2018

Brand new kitchen with quartz countertops and new cabinets, stainless gas appliances and modern backsplash. New heat pump air conditioner, interior paint, exterior paint, and refinished hardwood floors! Low maintenance yard with recessed fire pit for entertaining. Huge detached garage with storage loft. Eastern facing entrance is strong for Feng Shui home buyers. Great starter home or investment property in up-and-coming Lents.

Last Agent to Sell the Property

Patrick Sheehan

Better Homes & Gardens Realty License #200506399 Listed on: 04/26/2018

Better Homes & Gardens Realty

Last Buyer's Agent

Matthew Novak

Redfin License #200804097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,030

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot
  • Raised Garden Beds

Parking

  • 1 Car Detached Garage
  • Carport
  • Oversized Parking
  • Driveway

Home Design

  • Bungalow
  • Composition Roof
  • Cement Siding
  • Cedar

Interior Spaces

  • 1,083 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Green Certified Home

Schools

  • Kelly Elementary School
  • Lane Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R108965

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,030

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1950
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: HardwoodFloors
  • Room 13 Features: HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors
  • Basement: CrawlSpace
  • Appliances: FreeStandingRange, GasAppliances, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 99
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Other Room9 Area: 42
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,CementSiding
  • Exterior Features: RaisedBeds
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Carport,Detached,Oversized
  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle Or Junior School: Lane

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R108965

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3030.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2021
Sold by
Cevallos Honda and Meyer Jason
Bought by
Cevallos Honda and Meyer Jason
Current Estimated Value
$394,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Outstanding Balance
$212,493
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$181,609

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 4, 2018
Sold by
Brandenburg Heath R
Bought by
Cevallo Honda and Meyer Jason
Seller's Agent
Patrick Sheehan
Better Homes & Gardens Realty
Buyer's Agent
Matthew Novak
Redfin
List Price
$305,000
Sold Price
$320,000
Premium/Discount to List
$15,000
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2007
Sold by
Jpmorgan Chase Bank
Bought by
Brandenburg Heath R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2007
Sold by
Overbay Stephanie C
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
May 6, 2005
Sold by
Jett Charles C
Bought by
Overbay Stephanie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1998
Sold by
Jett Charles C and Jett Nan Yong
Bought by
Jett Charles C and Jett Ehra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cevallos Honda -- Amerititle
Cevallo Honda $320,000 Fidelity National Title
Brandenburg Heath R $180,000 First American Title Insuran
Jpmorgan Chase Bank $147,354 Accommodation
Overbay Stephanie C $156,000 Ticor Title Insurance Compan
Jett Charles C -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cevallos Honda $281,200
Closed Cevallo Honda $288,000
Previous Owner Brandenburg Heath R $75,000
Previous Owner Brandenburg Heath R $172,000
Previous Owner Brandenburg Heath R $180,000
Previous Owner Overbay Stephanie C $57,000
Previous Owner Overbay Stephanie C $124,800
Previous Owner Jett Charles C $20,000
Closed Overbay Stephanie C $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $320,000 +4.9% $295 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $305,000 -- $282 / 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 $3,985 $148,950 -- --
2023 $3,832 $144,620 $0 $0
2022 $3,749 $140,410 $0 $0
2021 $3,686 $136,330 $0 $0
2020 $3,381 $132,360 $0 $0
2019 $3,257 $128,510 $0 $0
2018 $3,161 $124,770 $0 $0
2017 $3,030 $121,140 $0 $0
2016 $2,773 $117,620 $0 $0
2015 $2,701 $114,200 $0 $0
2014 $2,478 $110,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Sheehan

    Seller's Agent in 2018

    Patrick Sheehan

    Better Homes & Gardens Realty

    (503) 734-0337

    50 Total Sales

    Patrick Sheehan
    Section Image

  • M

    Buyer's Agent in 2018

    Matthew Novak

    Redfin

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18626471

Regional Multiple Listing Service (RMLS)

APN: R108965

Oregon Multnomah County Portland 97266 Lents

7401 SE 87th Ave, Portland, OR

This home is located at 7401 SE 87th Ave, Portland, OR 97266 since 26 April 2018 and is currently estimated at $394,102, approximately $363 per square foot. This property was built in 1950. 7401 SE 87th Ave is a home located in Multnomah County with nearby schools including Kelly Elementary School, Lane Middle School, and Franklin 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.

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