NOT LISTED FOR SALE

8491 NE Eugene St Portland, OR 97220

Madison South Neighborhood

Estimated Value: $402,000 - $490,000

4 Beds
2.5 Baths
1,645 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $455,000 $277 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,645/month

75 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • View of Trees or Woods
  • 1 Fireplace
  • 4-minute walk to Hancock Park

About This Home

As of April 2024

Welcome to your dream, new construction home, where the epitome of modern living converges with the this great Madison South location! This new construction gem promises a lifestyle of convenience, nestled in the very bikeable location with great proximity to parks, shops + restaurants! Boasting a rare detached configuration, this 4-bedroom, 2.1-bathroom residence is a testament to the scarcity of detached new construction! With meticulous attention to detail, high-end finishes + 1,645 square feet of spacious + thoughtful design, this home is sure to please! Enjoy 1-year builder warranty with peace of mind from a local boutique builder!(List price is subject to the buyer qualifying for the Portland Housing Bureau - System Development Charge exemption program to promote affordable housing in Portland, call for more info.)

Last Agent to Sell the Property

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 01/04/2024

Keller Williams Realty Portland Premiere

Co-Listed By

Kelly Christian

Keller Williams Realty Portland Premiere License #201231606

Last Buyer's Agent

Pedro Cruz

RE/MAX Equity Group License #201217480

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 25 x 100
  • Fenced
  • Level Lot
  • Property is zoned R2.5

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,645 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 1 Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Views of Woods
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Accessibility Features

Schools

  • Jason Lee Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Utilities

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

Community Details

  • No Home Owners Association
  • Madison South Subdivision

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number New Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,389

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2023
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 23-006174-RS
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Traditional
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,EatBar,Microwave,Pantry
  • Room 12 Features: Fireplace
  • Special Features: 4098

Interior Features

  • Accessibility Features: NaturalLighting
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: HighCeilings, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, Microwave, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 110
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 81
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Fenced
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Jason Lee
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: R2.5
  • Land Lease: No
  • Lot Size: 25 x 100
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Apr 26, 2024
Sold by
Dez Development Llc
Bought by
Proud Ground
Seller's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
Buyer's Agent
Pedro Cruz
RE/MAX Equity Group
List Price
$499,900
Sold Price
$455,000
Premium/Discount to List
-$44,900
-8.98%
Views
98
Current Estimated Value
$458,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,031
Avg. Annual Appreciation
-1.91%
Original Mortgage
$305,000
Outstanding Balance
$302,616
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$141,318
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
Proud Ground $455,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proud Ground $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $455,000 0.0% $277 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $455,000 -9.0% $277 / Sq Ft
01/04/2024 01/04/24 For Sale $499,900 -- $304 / 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
2023 $1,389 $52,400 $52,400 --
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Darryl Bodle

    Seller's Agent in 2024

    Darryl Bodle

    Keller Williams Realty Portland Premiere

    (503) 709-4632

    15 in this area

    1,654 Total Sales

    Section Image
  • Kelly Christian

    Seller Co-Listing Agent in 2024

    Kelly Christian

    Keller Williams Realty Portland Premiere

    (908) 328-1873

    7 in this area

    1,150 Total Sales

    Section Image
  • Pedro Cruz

    Buyer's Agent in 2024

    Pedro Cruz

    RE/MAX

    (503) 703-0028

    1 in this area

    35 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24194031

Regional Multiple Listing Service (RMLS)

APN: R720883

Oregon Multnomah County Portland 97220 Madison South

8491 NE Eugene St, Portland, OR

This home is located at 8491 NE Eugene St, Portland, OR 97220 since 04 January 2024 and is currently estimated at $443,044, approximately $269 per square foot. This property was built in 2023. 8491 NE Eugene St is a home located in Multnomah County with nearby schools including Jason Lee Elementary School, Roseway Heights School, and Leodis V. McDaniel 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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