3 months on rocket

1040 NE 78th Ave, Portland, OR, 97213

$485,000

Home List Price

$5,759*

Closing Credit

3 Bedrooms
2 Full Baths
1,706 SqFt
$284/SqFt
House

Location

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1040 NE 78th Ave, Portland$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Year Built1922
HeatingForced Air
BasementYes
MLS #24513330
Lot Size0.12 Acres
StatusActive

About 1040 NE 78th Ave

This 1922 Montavilla bungalow is clean and move-in ready. New roof in 2022, furnace and w/heater in 2019, plenty of built-in storage. New laminate floor in living room, new carpet and fresh paint in main-floor bedrooms. Bamboo floors in sunroom and lower-level. Basement has a separate entrance. Perfect for multi-generational living. Covered back patio, fenced & private back yard with a Tuff Shed. Appliances included with a full-price offer. Within walking distance of Montavilla shops and restaurants. Convenient to mass transit. Walk Score of 76, Bike Score of 95, Transit Score of 66.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Stories: 2
  • Living Area: 1,706 SqFt

Listing Office:

  • Office Name: Lancefield Realty
  • Office Email: chrislancefield@gmail.com
  • Listing Agent: Christopher Lancefield

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Bamboo, Laminate
  • Interior: Laundry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Covered Patio, Fence, Patio, Porch, Tool Shed

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Level, Private, Trees
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Glisan to 78th, head north five blocks, on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $3,534
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

1040 NE 78th Ave vs Portland

93 DAYS ON ROCKET

+39 Days

$485,000

-$57.3K Less

$284/SqFt

-$32 Less

KEY TAKEAWAY

This property is $57.3K less than the Median Sold Price and $32/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24513330

Listing Office:

  • Office Name: Lancefield Realty
  • Office Email: chrislancefield@gmail.com
  • Listing Agent: Christopher Lancefield

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2019Home Sold
$310,000
Apr 01, 1989Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,534$138,320
2018$3,303$130,390
2017$3,167$126,600

History based on county public records data.

Payment Calculator

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-906391
7
/10

  • Vestal Elementary School

  • 161 NE 82nd Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-906392
4
/10

  • Jason Lee Elementary School

  • 2222 NE 92nd Ave

  • 0.90 miles

  • Public District Grades EE-5

school-card-donut-906393
8
/10

  • Portland Arthur Academy Charter School

  • 7507 SE Yamhill St

  • 0.96 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,682. Residents of Portland, OR typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 NE 78th Ave

What is the listing price of this property?

The listing price of 1040 NE 78th Ave property is $485,000.

What type of property is this?

The property 1040 NE 78th Ave is a house located in Portland, Oregon, 97213.

Is this property for sale now?

Active Listing: 1040 NE 78th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,534 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 2019 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1040 NE 78th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1040 NE 78th Ave is 1,706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 NE 78th Ave is 1922.

Rocket Homes›Oregon›Multnomah County›Portland›97213›1040 NE 78th Ave

This home is located at 1040 NE 78th Ave in Portland, OR and zip code 97213 in the Southeast Portland neighborhood. This 1,706 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $485,000.

While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. In November 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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