15 days on rocket

724 SE 16th Ave, Portland, OR, 97214

$260,000

Home List Price

$3,088*

Closing Credit

1 Bedroom
1 Full Bath
515 SqFt
$505/SqFt
Condo

Location

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724 SE 16th Ave, Portland$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Pad
Year Built1977
HeatingZoned
MLS #24228353
StatusActive

About 724 SE 16th Ave

Priorities! Comfort meets affordability within "On Call" distance to Emanuel Hospital, Good Samaritan, Providence Portland and OHSU. Those that like to diversify their transportation, will appreciate the deeded parking that leaves good space for a bike rack between it and the front door. This well-cared-for 1 bedroom lives large. The high Walk/Bike Score of “95 - A Walker and Biker Paradise", speaks directly to safety, efficency and fun.This small, quiet and friendly HOA (of 10 units) offers flexibility with pets and no cap on rentals. $344 a mo. HOA covers: water, garbage and landscaping.

Property Details

Property Features

Property Information:

  • Architectural Style: Common Wall
  • Year Built: 1977
  • Stories: 1
  • Living Area: 515 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (503) 360-1640
  • Listing Agent: Nicole Kress

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator, Microwave, Range Hood
  • Flooring Type: Wood
  • Interior: Laundry, Quartz

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Utilities

Utilities Information:

  • Heating: Zoned

Other

Directions Information:

  • Directions: SE Corner of 16th and Morrison

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $505/SqFt

HOA Fees:

  • Amount: $344
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,967
  • Tax Year: 2020
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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

724 SE 16th Ave vs Portland

15 DAYS ON ROCKET

-33 Days

$260,000

-$281.3K Less

$505/SqFt

+$189 More

KEY TAKEAWAY

This property is $281.3K less than the Median Sold Price and $189/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: #24228353

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (503) 360-1640
  • Listing Agent: Nicole Kress

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: 11/17/2024, 5:20:53 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

Mar 02, 2021Home Sold
$235,000
May 31, 2018Home Sold
$220,000
Aug 15, 2014Home Sold
$173,000
Apr 19, 2011Home Sold
$110,000
Jan 12, 2007Home Sold
$149,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,967$116,150
2018$2,774$109,490
2017$2,659$106,310

History based on county public records data.

Payment Calculator

$1,709

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-394396
7
/10
  • Buckman Elementary School

  • 320 SE 16th Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-394397
10
/10
  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-394398
7
/10
  • Emerson School

  • 105 NW Park Ave

  • 1.52 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,652. Residents of Portland, OR typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 SE 16th Ave

What is the listing price of this property?

The listing price of 724 SE 16th Ave property is $260,000.

What type of property is this?

The property 724 SE 16th Ave is a condo located in Portland, Oregon, 97214.

Is this property for sale now?

Active Listing: 724 SE 16th 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 $2,967 (source: MLS/based on county public records data).

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

The last sale was on March 2, 2021 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 724 SE 16th Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 724 SE 16th Ave is 515 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 724 SE 16th Ave is 1977.

Rocket HomesOregonMultnomah CountyPortland97214724 SE 16th Ave

This home is located at 724 SE 16th Ave in Portland, OR and zip code 97214 in the Southeast Portland neighborhood. This 515 square foot home was built in 1977. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $260,000.

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 inventory of homes for sale in Portland, OR between September 2024 and October 2024 increased by 4.2%. 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.

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