5 months on rocket

5508 SE Rural St, Portland, OR, 97206

$399,900

Home List Price

$4,749*

Closing Credit

2 Bedrooms
2 Full Baths
906 SqFt
$441/SqFt
House

Location

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5508 SE Rural St, Portland$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 2024
HeatingZoned
CoolingHeat Pump
ViewTrees/Woods
MLS #24466233
StatusActive

About 5508 SE Rural St

No money down - 100% financing options available! This is not a condo, no HOA! Hip, Brentwood-Darlington location meets elevated design + modern architecture! Impeccably designed, find warm tones across this open concept floor plan boasting expansive windows for a light + bright feel with coveted AC! High-end finishes grace each space with custom kitchen featuring modern + warm cabinetry, quartz counters, extensive tile backsplash + SS appliance package! Phenomenal 98BikeScore puts you in great proximity to SEs vibrant restaurants, shops + coffee! Just 0.3mi to Brentwood City Park, 0.2 mi to coffee + bakeries! Enjoy a 1-year builder warranty with peace of mind from a local boutique builder! (List price is subject to the buyer qualifying for the Portland Housing Bureau - System Development Charge exemption program to promote affordable housing in Portland, call for more info.)

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 906 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Portland Premiere
  • Office Phone: (503) 597-2444
  • Listing Agent: Darryl Bodle, Kelly Christian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Microwave
  • Interior: High Ceilings, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Patio, Yard

Parking Information:

  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 5508 SE Rural St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Cleveland High School, Public District Grades 9-12
  • Sellwood Middle School, Public District Grades 6-8
  • Lewis Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SE 52nd Ave, E on SE Rural St

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $441/SqFt
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Housing Market Comparison

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

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

5508 SE Rural St vs Portland

160 DAYS ON ROCKET

+112 Days

$399,900

-$141.4K Less

$441/SqFt

+$125 More

KEY TAKEAWAY

This property is $141.4K less than the Median Sold Price and $125/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: #24466233

Listing Office:

  • Office Name: Keller Williams Realty Portland Premiere
  • Office Phone: (503) 597-2444
  • Listing Agent: Darryl Bodle, Kelly Christian

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: 11/5/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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.

Elementary School

school-card-donut-19762
9
/10
  • Lewis Elementary School

  • 4401 SE Evergreen St

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-19763
7
/10
  • Sellwood Middle School

  • 8300 SE 15th Ave

  • 2.23 miles

  • Public District Grades 6-8

High School

school-card-donut-19764
5
/10
  • Cleveland High School

  • 3400 SE 26th Ave

  • 2.43 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,555. The most common annual income of people living in Portland, OR is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5508 SE Rural St

What is the listing price of this property?

The listing price of 5508 SE Rural St property is $399,900.

What type of property is this?

The property 5508 SE Rural St is a house located in Portland, Oregon, 97206.

Is this property for sale now?

Active Listing: 5508 SE Rural St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5508 SE Rural St are:
Lewis Elementary School: GreatSchools Rating 9/10
Sellwood Middle School: GreatSchools Rating 7/10
Cleveland High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 5508 SE Rural St has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5508 SE Rural St is 906 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5508 SE Rural St is 2024.

Rocket Homes›Oregon›Multnomah County›Portland›97206›5508 SE Rural St

This home is located at 5508 SE Rural St in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 906 square foot home was built in 2024. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $399,900.

Over 298 listings were sold over their listed price in October 2024 in Portland, OR. In the same period over 339 listings were sold below the listed price and 212 listings were sold for the listed price. The number of homes for sale in Portland, OR increased by 4.2% between September 2024 and October 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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