2 months on rocket

8429 SE Mill St, Portland, OR, 97216

$495,000

0.37 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
MLS #24268591
Lot Size0.37 Acres
StatusActive

About 8429 SE Mill St

Easy to build flat land with a decent home zoned for apartments in wonderful close-in Montavilla. The zoning is RM1 which allows a 16,000 sq ft building 3 stories tall, or 24,000 sq ft with bonuses. There is no set limit on the number of units, just on the size of the building. Buyer to do their own due diligence on zoning. The house is a 1,174 sq ft, 3 bedroom, 1 bath home, built in 1940. Rent while you plan your project or have an urban farm. Walk to Mt Tabor or PCC. Walk Score 76, Bike Score 99! On a beautiful Neighborhood Greenway. Walk or bike to Mt Tabor, PCC, and the many restaurants on Stark and Division

Property Details

Property Features

Listing Office:

  • Office Name: Portlandia Properties, LLC
  • Office Phone: (503) 282-5572
  • Listing Agent: David DeFauw

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Other

Directions Information:

  • Directions: From the light on SE 82nd Ave, go east on SE Mill. SE Mill is between SE Stark and SE Division.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

Tax Information:

  • Annual Amount: $4,382
  • 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

8429 SE Mill St vs Portland

84 DAYS ON ROCKET

+30 Days

$495,000

-$47.3K Less

KEY TAKEAWAY

This property is $47.3K less than the Median Sold Price 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: #24268591

Listing Office:

  • Office Name: Portlandia Properties, LLC
  • Office Phone: (503) 282-5572
  • Listing Agent: David DeFauw

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, 5:20:59 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

Apr 02, 2015Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,382$171,510
2018$4,096$161,670
2017$3,926$156,970

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-1036997
8
/10

  • Portland Arthur Academy Charter School

  • 7507 SE Yamhill St

  • 0.63 miles

  • Public Charter Grades KG-5

school-card-donut-1036998
7
/10

  • Vestal Elementary School

  • 161 NE 82nd Ave

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-1036999
5
/10

  • Cherry Park Elementary School

  • 1930 SE 104th Ave

  • 1.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,256. The most common annual income of people living in Portland, OR is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8429 SE Mill St

What is the listing price of this property?

The listing price of 8429 SE Mill St property is $495,000.

What type of property is this?

The property 8429 SE Mill St is land located in Portland, Oregon, 97216.

Is this property for sale now?

Active Listing: 8429 SE Mill 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 $4,382 (source: MLS/based on county public records data).

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

The last sale was on April 2, 2015 for $250,000. (source: MLS/tax record).

How much acreage is this property?

The property 8429 SE Mill St is 0.37 acres.
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Rocket Homes›Oregon›Multnomah County›Portland›97216›8429 SE Mill St

This home is located at 8429 SE Mill St in Portland, OR and zip code 97216 in the Southeast Portland neighborhood. This home sits on a 0.37 acre lot. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $495,000.

Over 253 listings were sold over their listed price in November 2024 in Portland, OR. In the same period over 320 listings were sold below the listed price and 166 listings were sold for the listed price. The inventory of homes for sale in Portland, OR between October 2024 and November 2024 decreased by 11.9%. In November 2024 median list price was $542,392 and the average listing age was 54 days.

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

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