NOT LISTED FOR SALE

8505 SE 87th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $366,000 - $402,000

2 Beds
1 Bath
972 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $323,000 $332 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,423/month

Highlights

  • Secluded Lot
  • Lap Siding
  • 1-Story Property
  • Attached Garage

About This Home

As of November 2020

Rare gem on private lot. In-town location that's a commuters dream. Close to the shops, restaurants and other amenities. Move-in ready home at an excellent price! Great opportunity for a first-time homebuyer or investor.

Last Agent to Sell the Property

Luca Gorman

Century 21 North Homes Realty License #201236330 Listed on: 09/22/2020

Last Buyer's Agent

Rushie Ellenwood

Neighborhood Works License #201227233

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 1979

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Additional Features

  • Secluded Lot
  • Vinyl Skirt

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,682

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 1 Story
  • Sq Ft Calculated: 972
  • Sq Ft Approximate Total: 972
  • Stories: 1
  • Year Built: 1979
  • Property Condition: Restored
  • Remarks Public: Rare gem on private lot. In-town location that's a commuters dream. Close to the shops, restaurants and other amenities. Move-in ready home at an excellent price! Great opportunity for a first-time homebuyer or investor.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Fireplace Description: Electric
  • Legal Description: D & O LITTLE HMS SUB 2, LOT 36 TL 5900
  • Sq Ft Main Level: 972
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Skirting
  • Additional Structure Supplement: No
  • Road Surface: Gravel

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, Off Street

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Secluded
  • Acres: 0.23
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 3663.24
  • Assessor Parcel Number: R146049
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 21, 2020
Sold by
Meyer Frank and Meyer Antia
Bought by
Mclerran Stacia
Seller's Agent
Luca Gorman
Century 21 North Homes Realty
Buyer's Agent
Rushie Ellenwood
Neighborhood Works
List Price
$279,000
Sold Price
$323,000
Premium/Discount to List
$44,000
15.77%
Current Estimated Value
$383,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,438
Avg. Annual Appreciation
3.53%
Original Mortgage
$306,850
Outstanding Balance
$272,429
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$111,009

Purchase Details

Closed on
Mar 8, 2013
Sold by
Ruefli C
Bought by
Meyer Frank and Meyer Anita

Purchase Details

Closed on
Aug 18, 1997
Sold by
Mariah Investments Ltd
Bought by
Rohrbach Daryl Wayne and Rohrbach Rena Jean
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mclerran Stacia $323,000 First American
Meyer Frank -- Accommodation
Rohrbach Daryl Wayne -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclerran Stacia $306,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $323,000 +15.8% $332 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $279,000 -- $287 / 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 $4,682 $174,980 -- --
2023 $4,502 $169,890 $0 $0
2022 $4,405 $164,950 $0 $0
2021 $4,330 $160,146 $0 $0
2020 $3,803 $148,860 $0 $0
2019 $3,663 $144,530 $0 $0
2018 $3,556 $140,330 $0 $0
2017 $3,408 $136,250 $0 $0
2016 $3,119 $132,290 $0 $0
2015 $2,966 $128,440 $0 $0
2014 $2,466 $124,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Luca Gorman

    Century 21 North Homes Realty

  • Rushie Ellenwood

    Buyer's Agent in 2020

    Rushie Ellenwood

    Neighborhood Works

    (503) 901-9041

    1 in this area

    113 Total Sales

    Rushie Ellenwood
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20675246

Regional Multiple Listing Service (RMLS)

APN: R146049

Oregon Multnomah County Portland 97266 Lents

8505 SE 87th Ave, Portland, OR

This home is located at 8505 SE 87th Ave, Portland, OR 97266 since 22 September 2020 and is currently estimated at $383,438, approximately $394 per square foot. This property was built in 1979. 8505 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.

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.

Nearby Homes