23 days on rocket

1311 SE 87th Ave, Portland, OR, 97216

$369,900

Home List Price

$4,393*

Closing Credit

3 Bedrooms
1 Full Bath
1,066 SqFt
$347/SqFt
Condo

Location

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1311 SE 87th Ave, Portland$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDriveway
Year BuiltNew Const., 2024
HeatingHeat Pump, Zoned
CoolingHeat Pump, Zoned
MLS #24342086
StatusActive

About 1311 SE 87th Ave

OPEN HOUSE SUNDAY NOVEMBER 10th from 11-1 pm. Even if this home did not have tax abatement it would be a incredible value. Stylish hood vent, quartz counter tops with high end cabinetry, 9 foot ceilings on the main floor, beautiful laminate floors and stainless steel appliances. Without tax abatement you would expect property taxes to be $3,500 to $4,000 per year, with tax abatement you would expect property taxes to be $900 to $1,200 per year. To qualify for tax abatement you need to make less than $140,000 per year and live in the home after purchasing. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233863]

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 2024
  • Stories: 2
  • Living Area: 1,066 SqFt

Listing Office:

  • Office Name: Harcourts Real Estate Network Group
  • Office Phone: (503) 344-4554
  • Listing Agent: Bob Sisul, Bryce Rosenbaum

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Plumbed For Ice Maker, Range Hood
  • Basement: No
  • Flooring Type: Laminate
  • Interior: High Ceilings, Quartz, Vaulted Ceiling(s), Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio, Porch, Yard

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: 92nd, West on Taylor, South on 87th to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $347/SqFt

HOA Fees:

  • Amount: $50
  • Frequency: Monthly
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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

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

1311 SE 87th Ave vs Portland

23 DAYS ON ROCKET

-25 Days

$369,900

-$171.4K Less

$347/SqFt

+$31 More

KEY TAKEAWAY

This property is $171.4K less than the Median Sold Price and $31/SqFt more 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: #24342086

Listing Office:

  • Office Name: Harcourts Real Estate Network Group
  • Office Phone: (503) 344-4554
  • Listing Agent: Bob Sisul, Bryce Rosenbaum

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: 11/22/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,964

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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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-494849
8
/10

  • Portland Arthur Academy Charter School

  • 7507 SE Yamhill St

  • 0.63 miles

  • Public Charter Grades KG-5

school-card-donut-494850
7
/10

  • Vestal Elementary School

  • 161 NE 82nd Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-494851
5
/10

  • Cherry Park Elementary School

  • 1930 SE 104th Ave

  • 0.93 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,853. The most common annual income of people living in Portland, OR is less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1311 SE 87th Ave

What is the listing price of this property?

The listing price of 1311 SE 87th Ave property is $369,900.

What type of property is this?

The property 1311 SE 87th Ave is a condo located in Portland, Oregon, 97216.

Is this property for sale now?

Active Listing: 1311 SE 87th Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1311 SE 87th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1311 SE 87th Ave is 1,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1311 SE 87th Ave is 2024.

Rocket Homes›Oregon›Multnomah County›Portland›97216›1311 SE 87th Ave

This home is located at 1311 SE 87th Ave in Portland, OR and zip code 97216 in the Southeast Portland neighborhood. This 1,066 square foot home was built in 2024. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $369,900.

In October 2024 more than 298 listings in Portland, OR were sold above the asking price. During the same period more than 212 listings were sold at asking price, while more than 339 were sold below. In October 2024 in Portland, OR there were 4.2% more homes for sale than in September 2024. In October 2024 median list price was $541,309 and the average listing age was 48 days.

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

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