NOT LISTED FOR SALE

8603 SE Powell Blvd Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $472,515

2 Beds
1 Bath
2,586 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $331,333 $128 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,832/month

1 Day on Market

Highlights

  • Separate Formal Living Room
  • Sun or Florida Room
  • Laundry Room
  • Harrison Park School Rated 9+
  • No HOA
  • Bungalow

About This Home

As of May 2017

Fantastic rental or business opportunity in SE Portland! Ample square footage, 2 bedrooms (potential 3 bedrooms), and a basement bonus room make for a perfect rental in conjunction with the convenience to shopping, restaurants, and freeway access. The January 2018 proposed change to CM zoning provides an incredible opportunity for a live/work business. So many options for a creative investor in an up-and-coming neighborhood!

Last Agent to Sell the Property

Bill Grange

Windermere Realty Trust License #200607104 Listed on: 05/10/2017

Windermere Realty Trust

Last Buyer's Agent

Xiao Tang

Xiao Tang License #200406248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,888

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Level Lot
  • Property is zoned R2

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,586 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Sun or Florida Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Harrison Park Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R193448

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,888

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1928
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Fireplace
  • Room 11 Features: Nook
  • Room 12 Features: BuiltinFeatures,Coved,Fireplace
  • Room 9 Features: Formal
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry, WalltoWallCarpet
  • Room 4 Description: SunRoom
  • Room 4 Level: Main
  • Basement: FullBasement, Unfinished
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Harrison Park
  • High School: Franklin
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.15
  • Lot Size: 60x100
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R193448

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 2888.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
May 18, 2017
Sold by
Russell J Roxane
Bought by
Xu Wen Song
Seller's Agent
Bill Grange
Windermere Realty Trust
Buyer's Agent
Xiao Tang
Xiao Tang
List Price
$320,000
Sold Price
$331,333
Premium/Discount to List
$11,333
3.54%
Current Estimated Value
$472,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,182
Avg. Annual Appreciation
4.30%
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
Xu Wen Song $331,333 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $331,333 +3.5% $128 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $320,000 -- $124 / 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
2025 $4,305 $159,770 -- --
2024 $4,150 $155,120 -- --
2023 $3,991 $150,610 $0 $0
2022 $3,905 $146,230 $0 $0
2021 $3,839 $141,980 $0 $0
2020 $3,522 $137,850 $0 $0
2019 $3,392 $133,840 $0 $0
2018 $3,293 $129,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Grange

    Seller's Agent in 2017

    Bill Grange

    Windermere Realty Trust

    (503) 890-2928

    104 Total Sales

    Bill Grange
    Section Image
  • Xiao Tang

    Buyer's Agent in 2017

    Xiao Tang

    Xiao Tang

    (971) 998-2121

    2 in this area

    13 Total Sales

    Xiao Tang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17041735

Regional Multiple Listing Service (RMLS)

APN: R193448

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

8603 SE Powell Blvd, Portland, OR

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