The seller was in the process of dividing 4 lots, process is 90% completed. Potential four lots plus a house with 2 bedrooms, 1 bathroom, a laundry room and a workshop. Most of the value is in the land. Please note that buyers are responsible for conducting their due diligence, ensuring all aspects of the property align with their requirements and conform to local regulations. Don't miss out on this incredible opportunity to secure a valuable investment with the potential for significant financial rewards. Take the first step towards creating your own real estate success story by scheduling a viewing today!
Property Details
Property Features
Listing Office:
Office Name: Metro West Realty
Office Phone: (503) 692-3050
Listing Agent: Mini Navarrete
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.55 Acres
School Info
Assigned Schools Information:
David Douglas High School, Public District Grades 9-12
Ron Russell Middle School, Public District Grades 6-8
West Powellhurst Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Division S on 115th to property.
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
Tax Information:
Annual Amount: $2,921
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portland, OR.
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: 11/5/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 14, 2019
Jan 14, 2019Home Sold
$275,000
Sep 18, 2012
Sep 18, 2012Home Sold
$40,000
Sep 12, 2012
Sep 12, 2012Home Sold
$149,900
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,921
$134,676
2018
$2,371
$109,830
2017
$2,284
$106,640
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,438
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
Advertisement
NMLS#3030
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.
Elementary School
2
/10
West Powellhurst Elementary School
2921 SE 116th Ave
Distance between this listing and this school0.18 miles
Public District Grades KG-5
Middle School
3
/10
Ron Russell Middle School
3955 SE 112th Ave
Distance between this listing and this school0.65 miles
Public District Grades 6-8
High School
3
/10
David Douglas High School
1001 SE 135th Ave
Distance between this listing and this school1.29 miles
Public District Grades 9-12
Assigned Schools
2
/10
West Powellhurst Elementary School
2921 SE 116th Ave
Distance between this listing and this school0.18 miles
Public District Grades KG-5
Nearby Schools
2
/10
Mill Park Elementary School
1900 SE 117th Ave
Distance between this listing and this school0.52 miles
Public District Grades KG-5
5
/10
Cherry Park Elementary School
1930 SE 104th Ave
Distance between this listing and this school0.60 miles
Public District Grades KG-5
Assigned Schools
3
/10
Ron Russell Middle School
3955 SE 112th Ave
Distance between this listing and this school0.65 miles
Public District Grades 6-8
Nearby Schools
5
/10
Floyd Light Middle School
10800 SE Washington St
Distance between this listing and this school1.02 miles
Public District Grades 6-8
8
/10
Creative Science School
1231 SE 92nd Ave
Distance between this listing and this school1.36 miles
Public District Grades KG-8
Assigned Schools
3
/10
David Douglas High School
1001 SE 135th Ave
Distance between this listing and this school1.29 miles
Public District Grades 9-12
Nearby Schools
7
/10
Franklin High School
5405 SE Woodward St
Distance between this listing and this school2.96 miles
Public District Grades 9-12
6
/10
Madison High School
2735 NE 82nd Ave
Distance between this listing and this school3.15 miles
The neighbors living near this home have an average income of $31,961. Typical income of Portland, OR residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2607 SE 115th Ave
What is the listing price of this property?
The listing price of 2607 SE 115th Ave property is $475,000.
What type of property is this?
The property 2607 SE 115th Ave is land located in Portland, Oregon, 97266.
Is this property for sale now?
Active Listing: 2607 SE 115th Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2607 SE 115th Ave are: West Powellhurst Elementary School: GreatSchools Rating 2/10Ron Russell Middle School: GreatSchools Rating 3/10David Douglas High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,921 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 14, 2019 for $275,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2607 SE 115th Ave in Portland, OR and zip code 97266 in the East Portland neighborhood. This home sits on a 0.55 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $475,000.
In October 2024, from all listings sold in Portland, OR there were more than 298 sold above asking price, over 339 sold below and more than 212 were sold right at the asked price. In October 2024 in Portland, OR there were 4.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 48 days, the median list price was $541,309.
From Rocket Homes Real Estate and based on county public records data.
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 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. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Burlington
H&M
Foot Locker
White Castle
Popeyes
Boston Market
Kia
Nissan
Honda
Urban Adult Contemporary
Rhythmic Contemporary Hits