7 months on rocket

724 NE 157th Ave, Portland, OR, 97230

$524,900

Home List Price

$6,233*

Closing Credit

1 Bedroom
1 Full Bath
1,118 SqFt
$470/SqFt
House

Location

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724 NE 157th Ave, Portland$524,900

Buyer Closing Credits

$6,233*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1948
HeatingZoned
MLS #24189148
Lot Size0.70 Acres
StatusActive

About 724 NE 157th Ave

Fantastic opportunity for possible Portland Middle Housing Development with these two tax lots! Buyer should conduct a thorough review of the zoning & other applicable laws + city/county regulations for use of the property to confirm the zoning of the property and to assess whether the existing zoning will permit the planned use. Cottages, duplexes, triplexes? Combine together to maximize development potential! Please do not walk on property without your broker and advanced notice. Value is in the land and building opportunity! Utilities are assumed to be at the street. Buyer to do all due diligence. Access to house upon receipt of acceptable offer and coordinated with advance notice.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,118 SqFt

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Claire Widmark-Wright, Mark Wright

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.70 Acres

Utilities

Utilities Information:

  • Heating: Zoned

Other

Directions Information:

  • Directions: NE Glisan to NE 157th, Property on the East side of Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,900
  • Price Per SqFt: $470/SqFt

Tax Information:

  • Annual Amount: $4,514
  • 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

724 NE 157th Ave vs Portland

221 DAYS ON ROCKET

+167 Days

$524,900

-$17.4K Less

$470/SqFt

+$154 More

KEY TAKEAWAY

This property is $17.4K less than the Median Sold Price and $154/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: #24189148

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Claire Widmark-Wright, Mark Wright

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: 12/17/2024, 11:20:59 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

Feb 09, 2021Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,514$208,000
2018$4,244$196,070
2017$4,094$190,360

History based on county public records data.

Payment Calculator

$2,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-4275533
2
/10

  • Glenfair Elementary School

  • 15300 NE Glisan St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-4275534
4
/10

  • Parklane Elementary School

  • 15811 SE Main St

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-4275535
4
/10

  • Margaret Scott Elementary School

  • 14700 NE Sacramento St

  • 0.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,826. Most Portland, OR residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 NE 157th Ave

What is the listing price of this property?

The listing price of 724 NE 157th Ave property is $524,900.

What type of property is this?

The property 724 NE 157th Ave is a house located in Portland, Oregon, 97230.

Is this property for sale now?

Active Listing: 724 NE 157th 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 $4,514 (source: MLS/based on county public records data).

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

The last sale was on February 9, 2021 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 724 NE 157th Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 724 NE 157th Ave is 1,118 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 724 NE 157th Ave is 1948.

Rocket Homes›Oregon›Multnomah County›Portland›97230›724 NE 157th Ave

This home is located at 724 NE 157th Ave in Portland, OR and zip code 97230 in the East Portland neighborhood. This 1,118 square foot home, which was built in 1948, sits on a 0.70 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $524,900.

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. The number of listings in Portland, OR decreased by 11.9% between October 2024 and November 2024. Listings spent 54 days on the market in November 2024, and had a median list price of $542,392 during the same period.

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

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