5 months on rocket

8170 SW 87th Ave, Portland, OR, 97223

$499,999

Home List Price

$5,937*

Closing Credit

3 Bedrooms
1 Full Bath
1,333 SqFt
$375/SqFt
House

Location

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8170 SW 87th Ave, Portland$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year Built1959
HeatingBaseboard
FireplaceStove, Wood Burning
MLS #24369502
Lot Size0.38 Acres
StatusActive

About 8170 SW 87th Ave

This ranch-style home boasts 3 bedrooms and 1.1 bathrooms, offering ample space for comfortable living. Although the property requires some renovation, it presents a fantastic opportunity for buyers willing to invest in its potential. The expansive lot has the potential to be divided through county regulations, although buyers must conduct their due diligence in this regard. The living room is adorned with a charming wood beam ceiling, complemented by large windows that flood the space with natural light, and a striking brick fireplace adds a cozy ambiance. The kitchen features an abundance of cabinets for storage and a spacious eat-in area with a sliding door leading to the back patio, perfect for outdoor dining or relaxation. The oversized lot is fully fenced and wooded, providing privacy and serenity. Situated in the sought-after Garden Home area, this property offers both convenience and tranquility. Don't miss out on this incredible opportunity to make this house your dream home!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,333 SqFt

Listing Office:

  • Office Name: Kevin Morris Realty
  • Office Phone: (503) 452-5400
  • Listing Agent: Rachelle Kammann, Kevin Morris

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Stove, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: Olsen L on Alden, R on 87th

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $4,449
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

8170 SW 87th Ave vs Portland

152 DAYS ON ROCKET

+98 Days

$499,999

-$42.3K Less

$375/SqFt

+$59 More

KEY TAKEAWAY

This property is $42.3K less than the Median Sold Price and $59/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: #24369502

Listing Office:

  • Office Name: Kevin Morris Realty
  • Office Phone: (503) 452-5400
  • Listing Agent: Rachelle Kammann, Kevin Morris

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: 12/22/2024, 10:21:00 PM 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$4,449$241,080
2019$4,190$234,060
2017$3,907$220,640

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-1100536
6
/10
  • McKay Elementary School

  • 7485 SW Scholls Ferry Rd

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-1100537
7
/10
  • Metzger Elementary School

  • 10350 SW Lincoln St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-1100538
7
/10
  • Montclair Elementary School

  • 7250 SW Vermont St

  • 1.23 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Portland, OR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Portland, OR?

Portland's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The city's architectural landscape is a blend of old and new, with classic Victorian and Craftsman styles sitting alongside modern eco-friendly designs. The housing stock is varied, with single-family homes making up a significant portion, complemented by a range of multi-family units and high-rise apartments that cater to different lifestyles and budgets.

What are the advantages of living in Portland, OR?

Portland is celebrated for its vibrant culture and strong sense of community. Known for its eco-consciousness, the city prides itself on its sustainable practices and green spaces. The community comes alive with numerous festivals and events throughout the year, reflecting the city's artistic flair and appreciation for the outdoors. Portland's character is further defined by its thriving food scene, craft breweries, and the iconic independent bookstore, Powell's City of Books.

Are essential services in Portland, OR convenient?

The city is well-equipped with essential services, including a robust educational system with numerous public and private schools, catering to all levels of education. Healthcare is readily accessible, with several hospitals and clinics providing a range of services from emergency care to specialized treatments. Public libraries are abundant, serving as community hubs for learning and engagement. Retail and dining options are plentiful, showcasing local products and cuisine that mirror Portland's eclectic and inclusive spirit.

How do Portland, OR residents get around?

Portland's transport infrastructure is comprehensive, with an extensive public transit system that includes buses, light rail, and streetcars, facilitating mobility across the city. The area is known for its bike-friendly streets and numerous bike paths, making cycling a popular mode of transport. The city's layout also supports walkability, particularly in neighborhoods like the Pearl District and downtown. Major roads and highways connect Portland to surrounding areas, and ongoing investments aim to improve traffic flow and reduce congestion.

Frequently Asked Questions About 8170 SW 87th Ave

What is the listing price of this property?

The listing price of 8170 SW 87th Ave property is $499,999.

What type of property is this?

The property 8170 SW 87th Ave is a house located in Portland, Oregon, 97223.

Is this property for sale now?

Active Listing: 8170 SW 87th 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 $4,449 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8170 SW 87th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8170 SW 87th Ave is 1,333 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8170 SW 87th Ave is 1959.

Rocket Homes›Oregon›Washington County›Portland›97223›8170 SW 87th Ave

This home is located at 8170 SW 87th Ave in Portland, OR and zip code 97223. This 1,333 square foot home, which was built in 1959, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $499,999.

In November 2024, from all listings sold in Portland, OR there were more than 253 sold above asking price, over 320 sold below and more than 166 were sold right at the asked price. The inventory of homes for sale in Portland, OR between October 2024 and November 2024 decreased 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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