NOT LISTED FOR SALE

7406 SE 87th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $290,000 - $372,866

3 Beds
1 Bath
960 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $275,000 $286 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,095/month

29 Days on Market

Highlights

  • Corner Lot
  • Security Gate
  • Level Entry For Accessibility
  • Detached Garage
  • Laundry Room
  • Accessibility Features

About This Home

As of October 2021

This is a great little fixer or starter home. Nice corner lot, fenced yard. Easy to show. Please see private remarks on lock up. Not much still available in Portland at this price.

Last Agent to Sell the Property

Peter Jameson

J Residential Properties License #200204424 Listed on: 08/03/2021

Co-Listed By

Erin Maher

J Residential Properties License #201205719

Last Buyer's Agent

David Cuevas

John L. Scott Portland Central License #201224036

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1955

Lot Details

  • Fenced
  • Corner Lot
  • Level Lot
  • Property is zoned R5

Parking

  • Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Security Gate
  • Laundry Room

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,819

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow, 1 Story
  • Sq Ft Calculated: 960
  • Sq Ft Approximate Total: 960
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Fixer
  • Remarks Public: This is a great little fixer or starter home. Nice corner lot, fenced yard. Easy to show. Please see private remarks on lock up. Not much still available in Portland at this price.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry
  • Kitchen Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: HOLLYWOOD, LOT 34 TL 14000
  • Sq Ft Main Level: 960
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Fenced
  • Lot Size: 5K-6,999SF
  • Lot Dimensions: 5900
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable, Satellite
  • Security: Security Gate

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Acres: 0.14
  • Zoning: R5

Tax Info

  • Tax Amount: 3240.64
  • Assessor Parcel Number: R183230
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 8, 2021
Sold by
Herrmann Judith K and Estate Of Louis J Kinish
Bought by
Juarez Esteban Martinez
Seller's Agent
Peter Jameson
J Residential Properties
Buyer's Agent
David Cuevas
John L. Scott Portland Central
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$328,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,717
Avg. Annual Appreciation
4.67%
Original Mortgage
$260,475
Outstanding Balance
$238,044
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$90,673
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
Juarez Esteban Martinez $275,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Juarez Esteban $50,000
Open Juarez Esteban Martinez $260,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $275,000 0.0% $286 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $275,000 0.0% $286 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $275,000 -8.2% $286 / Sq Ft
08/03/2021 08/03/21 For Sale $299,500 -- $312 / 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 $3,819 $142,740 -- --
2023 $3,672 $138,590 $0 $0
2022 $3,593 $134,560 $0 $0
2021 $3,532 $130,650 $0 $0
2020 $3,241 $126,850 $0 $0
2019 $3,122 $123,160 $0 $0
2018 $3,030 $119,580 $0 $0
2017 $2,904 $116,100 $0 $0
2016 $2,658 $112,720 $0 $0
2015 $2,588 $109,440 $0 $0
2014 $2,230 $106,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Jameson

    Seller's Agent in 2021

    Peter Jameson

    J Residential Properties

    (503) 407-1526

    1 in this area

    120 Total Sales

    Peter Jameson
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Erin Maher

    J Residential Properties

    (503) 407-1526

    1 in this area

    89 Total Sales

    Erin Maher
    Section Image
  • David Cuevas

    Buyer's Agent in 2021

    David Cuevas

    John L. Scott Portland Central

    (503) 701-6159

    1 in this area

    24 Total Sales

    David Cuevas
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21692739

Regional Multiple Listing Service (RMLS)

APN: R183230

Oregon Multnomah County Portland 97266 Lents

7406 SE 87th Ave, Portland, OR

This home is located at 7406 SE 87th Ave, Portland, OR 97266 since 03 August 2021 and is currently estimated at $328,717, approximately $342 per square foot. This property was built in 1955. 7406 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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