2 months on rocket

7400 SE Otty St, Milwaukie, OR, 97222

$699,995

Home List Price

$8,312*

Closing Credit

2 Bedrooms
1 Full Bath
1,616 SqFt
$433/SqFt
House

Location

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7400 SE Otty St, Portland$699,995

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year Built1930
HeatingForced Air
CoolingNone
BasementYes
MLS #24021208
Lot Size0.73 Acres
StatusActive

About 7400 SE Otty St

This 1930s two-story home is situated on a spacious 0.73-acre lot, offering ample outdoor space for gardening, entertaining, or possible developement. The main house is 1,616 sqft., features two bedrooms, a bathroom, a kitchen, dining room and a living area. The interior boasts charming vintage details such as built-in, and some original fixtures. There is a two car garage with tandum space for a third car. In addition to the main house, there is also an ADU on the property, providing additional living space or rental income potential or multi-generational living or home office. It has one bedroom and one bathroom and a kitchen. Needs TLC. The expansive lot offers plenty of room for expansion or development, with the possibility of building an additional structure or even subdividing the land for further construction - buyer to verify with county. The property's prime location to restaurants, shopping and entertainment make it an attractive opportunity for those looking for a home with conveinence.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1930
  • Stories: 2
  • Living Area: 1,616 SqFt

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Erick Claytor

Interior Features

Interior Information:

  • Appliances: Disposal, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Laundry, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence, Garden, Porch, RV Parking, Storm Door(s), Tool Shed, Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level, Trees
  • Lot Size: 0.73 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: 82nd / West on Otty St to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,995
  • Price Per SqFt: $433/SqFt

Tax Information:

  • Annual Amount: $3,618
  • 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

7400 SE Otty St vs Portland

83 DAYS ON ROCKET

+29 Days

$699,995

+$157.6K More

$433/SqFt

+$117 More

KEY TAKEAWAY

This property is $157.6K more than the Median Sold Price and $117/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: #24021208

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Erick Claytor

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: 12/23/2024, 7:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,618$197,696
2018$3,122$186,348
2017$3,024$180,920

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-1161350
3
/10

  • Whitcomb Elementary School

  • 7400 SE Thompson Rd

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-1161351
5
/10

  • Lewelling Elementary School

  • 5325 SE Logus Rd

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-1161352
3
/10

  • Whitman Elementary School

  • 7326 SE Flavel St

  • 1.14 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,158. Most Portland, OR residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7400 SE Otty St

What is the listing price of this property?

The listing price of 7400 SE Otty St property is $699,995.

What type of property is this?

The property 7400 SE Otty St is a house located in Milwaukie, Oregon, 97222.

Is this property for sale now?

Active Listing: 7400 SE Otty St 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 $3,618 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7400 SE Otty St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7400 SE Otty St is 1,616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7400 SE Otty St is 1930.

Rocket Homes›Oregon›Clackamas County›Portland›97222›7400 SE Otty St

This home is located at 7400 SE Otty St in Milwaukie, OR and zip code 97222. This 1,616 square foot home, which was built in 1930, sits on a 0.73 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $699,995.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.

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

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