1 year on rocket

1617 SE 12th Ave, Portland, OR, 97214

$750,000

Home List Price

$8,906*

Closing Credit

1 Bedroom
2 Full Baths
1,815 SqFt
$413/SqFt
House

Location

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1617 SE 12th Ave, Portland$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1885
HeatingZoned
CoolingWall Unit(s)
MLS #23674399
Lot Size0.07 Acres
StatusActive

About 1617 SE 12th Ave

This is an inner SE commercial building located in the hot Hawthorne District. Previously home to Teote, this vintage building with it's large storefront window package, stained concrete floors, massive upper level vaulted great room and too many custom features to list, is now available. Multiple business opportunities/options are available including a combination of commercial with residential or all commercial. Originally set-up as a live work with the residence on the 2nd floor, this unique building could be converted to full commercial use for retail or as a restaurant with the ability to leverage the large outdoor patio with built-in firepits, mature landscaping and buildout options to support outside service. This is a rare opportunity to capitalize on a well know location with a new concept business. Seller will carry a contract - Terms Negotiable

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1885
  • Stories: 2
  • Living Area: 1,815 SqFt

Listing Office:

  • Office Name: John L. Scott NE Portland, John L. Scott Portland Central
  • Office Email: neportland@johnlscott.com
  • Listing Agent: Israel Hill, Doug Landers

Interior Features

Interior Information:

  • Appliances: Gas Range, Range, Range Hood
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 1617 SE 12th Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: SE 12th between Clay & Market

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $413/SqFt

Tax Information:

  • Annual Amount: $2,029
  • 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

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

1617 SE 12th Ave vs Portland

416 DAYS ON ROCKET

+368 Days

$750,000

+$208.6K More

$413/SqFt

+$97 More

KEY TAKEAWAY

This property is $208.6K more than the Median Sold Price and $97/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: #23674399

Listing Office:

  • Office Name: John L. Scott NE Portland, John L. Scott Portland Central
  • Office Email: neportland@johnlscott.com
  • Listing Agent: Israel Hill, Doug Landers

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, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 09, 2010Home Sold
$369,000
Dec 20, 2004Home Sold
$300,000
Dec 20, 2004Home Sold
$619,000
Jul 07, 2004Home Sold
$495,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,029$79,440
2018$1,897$74,890
2017$1,819$72,710

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-524711
10
/10

  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-524712
7
/10

  • Buckman Elementary School

  • 320 SE 16th Ave

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-524713
7
/10

  • Emerson School

  • 105 NW Park Ave

  • 1.51 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 $49,122. Most Portland, OR residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1617 SE 12th Ave

What is the listing price of this property?

The listing price of 1617 SE 12th Ave property is $750,000.

What type of property is this?

The property 1617 SE 12th Ave is a house located in Portland, Oregon, 97214.

Is this property for sale now?

Active Listing: 1617 SE 12th 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 $2,029 (source: MLS/based on county public records data).

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

The last sale was on April 9, 2010 for $369,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1617 SE 12th Ave has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 1617 SE 12th Ave is 1,815 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1617 SE 12th Ave is 1885.

Rocket Homes›Oregon›Multnomah County›Portland›97214›1617 SE 12th Ave

This home is located at 1617 SE 12th Ave in Portland, OR and zip code 97214 in the Southeast Portland neighborhood. This 1,815 square foot home, which was built in 1885, sits on a 0.07 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2023 and is currently priced at $750,000.

While more than 298 listings in Portland, OR in October 2024 were sold above asking price, there were more than 212 listings sold at asking price, and more than 339 were sold below. Between September 2024 and October 2024, Portland, OR real estate market has seen increase in the number of listings by 4.2%. In October 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $541,309.

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

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