new - 5 days on rocket

8475 SW Canyon Ln, Portland, OR, 97225

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
3 Full Baths
2,658 SqFt
$207/SqFt
House

Location

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8475 SW Canyon Ln, Portland$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking, Parking Pad
Attached Garage3 spaces
Year Built1961
HeatingForced Air
CoolingHeat Pump
BasementYes
FireplaceWood Burning
ViewTerritorial, Trees/Woods
MLS #24691459
Lot Size0.54 Acres
StatusActive

About 8475 SW Canyon Ln

Offer received, offer deadline is Friday, 11/1, at 1 pm. Nestled on a private .54-acre lot high above Canyon Lane, this mid-century gem awaits its next chapter! Built in 1961 and cherished by its original owners, this is a rare first-time sale in the coveted West Slope neighborhood. From the moment you step inside, you'll be captivated by the timeless charm and potential: oak hardwood floors, original woodwork, built-ins, and spacious rooms provide the perfect foundation for your vision. This classic home is ready to be transformed by someone with a passion for mid-century style and a talent for bringing out its best. Sold as-is, cash sale only, with no repairs to be done by the seller. Please use caution on the front deck; children must be accompanied at all times. This property is truly a unique opportunity to create something special in a premium location. The unbeatable location offers a lifestyle of convenience and access to some of the area’s finest amenities: minutes to OES and Jesuit, lush parks, the Oregon Zoo, shopping, MAX, bus lines, and an array of dining options. Enjoy easy access to Highways 26 and 217, Nike, Intel, Columbia, St Vincent Hospital, and other major employers. Only seven minutes to downtown and close to Forest Park, this is a location that offers both tranquility and connectivity, perfect for those who value a retreat with all the benefits of city life nearby. The home features newer windows and an updated HVAC system. Surrounded by more expensive homes, this property is calling for a visionary to take it to the next level. A wonderful investment opportunity, it's ideal for Buyers who see the possibilities within its walls and the potential of its spacious lot. Seize the chance to restore, reimagine, and make it your own mid-century masterpiece in one of the most desirable neighborhoods around! Seller will consider all concessions. Schedule your tour today and make this special property your own!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1961
  • Stories: 2
  • Living Area: 2,658 SqFt

Listing Office:

  • Office Name: John L. Scott
  • Office Phone: (503) 645-7433
  • Listing Agent: Beverly Moser

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Range Hood
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate
  • Interior: Laundry, Washer/Dryer
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Territorial, Trees/Woods
  • Exterior: Patio, Yard

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Street Parking, Parking Pad

Virtual/3D Tour

  • Virtual Tour: 8475 SW Canyon Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level, Private
  • Lot Size: 0.54 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Sunset High School, Public District Grades 9-12
  • Cedar Park Middle School, Public District Grades 6-8
  • Ridgewood Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SW Canyon Road to SW Canyon Lane to 8475.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $207/SqFt

Tax Information:

  • Annual Amount: $6,271
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$539.8K

Med. Price/SqFt

$315

Avg. Days On Market

45

# of Sold Homes

648

8475 SW Canyon Ln vs Portland

5 DAYS ON ROCKET

-40 Days

$550,000

+$10.1K More

$207/SqFt

-$109 Less

KEY TAKEAWAY

This property is $10.1K more than the Median Sold Price and $109/SqFt less 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: #24691459

Listing Office:

  • Office Name: John L. Scott
  • Office Phone: (503) 645-7433
  • Listing Agent: Beverly Moser

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: 10/31/2024, 9:20:52 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$6,271$294,060
2019$5,888$285,500
2017$5,488$269,120

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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.

Elementary School

school-card-donut-870021
5
/10
  • Ridgewood Elementary School

  • 10100 SW Inglewood St

  • 0.85 miles

  • Public District Grades KG-5

Middle School

school-card-donut-870022
6
/10
  • Cedar Park Middle School

  • 11100 SW Park Way

  • 1.45 miles

  • Public District Grades 6-8

High School

school-card-donut-870023
6
/10
  • Sunset High School

  • 13840 NW Cornell Rd

  • 3.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,394. Residents of Portland, OR typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8475 SW Canyon Ln

What is the listing price of this property?

The listing price of 8475 SW Canyon Ln property is $550,000.

What type of property is this?

The property 8475 SW Canyon Ln is a house located in Portland, Oregon, 97225.

Is this property for sale now?

Active Listing: 8475 SW Canyon Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8475 SW Canyon Ln are:
Ridgewood Elementary School: GreatSchools Rating 5/10
Cedar Park Middle School: GreatSchools Rating 6/10
Sunset High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,271 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8475 SW Canyon Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8475 SW Canyon Ln is 2,658 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8475 SW Canyon Ln is 1961.

Rocket HomesOregonWashington CountyPortland972258475 SW Canyon Ln

This home is located at 8475 SW Canyon Ln in Portland, OR and zip code 97225 in the West Slope neighborhood. This 2,658 square foot home, which was built in 1961, sits on a 0.54 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $550,000.

In September 2024, from all listings sold in Portland, OR there were more than 190 sold above asking price, over 280 sold below and more than 178 were sold right at the asked price. In September 2024 in Portland, OR there were 1.8% more homes for sale than in August 2024. While the average time on the market in September 2024 was 45 days, the median list price was $539,848.

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

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