5 months on rocket

SW 56th Ave, Portland, OR, 97221

$2,000,000

2.00 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
MLS #24576413
Lot Size2.00 Acres
StatusActive

About SW 56th Ave

Buyer to do due diligence. It appears there may be an environmental zone over a portion of the property. Great opportunity to build on a gentle slope. Great schools in Raleigh Hills.

Property Details

Property Features

Listing Office:

  • Office Name: Kaer Property Group
  • Office Phone: (503) 699-3980
  • Listing Agent: Steve Kaer

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Other

Directions Information:

  • Directions: Call Listing Agent.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000

Tax Information:

  • Annual Amount: $86
  • 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

SW 56th Ave vs Portland

161 DAYS ON ROCKET

+107 Days

$2,000,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more 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: #24576413

Listing Office:

  • Office Name: Kaer Property Group
  • Office Phone: (503) 699-3980
  • Listing Agent: Steve Kaer

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: 12/24/2024, 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$86$3,570
2018$81$3,370
2017$78$3,280

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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NMLS#3030

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-1435906
5
/10
  • Markham Elementary School

  • 10531 SW Capitol Hwy

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-1435907
8
/10
  • Oak Creek Elementary School

  • 55 Kingsgate Rd

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-1435908
10
/10
  • Stephenson Elementary School

  • 2627 SW Stephenson St

  • 1.52 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,594. The majority of Portland, OR residents have income between $35k-100k annually. 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 SW 56th Ave

What is the listing price of this property?

The listing price of SW 56th Ave property is $2,000,000.

What type of property is this?

The property SW 56th Ave is land located in Portland, Oregon, 97221.

Is this property for sale now?

Active Listing: SW 56th 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 $86 (source: MLS/based on county public records data).

How much acreage is this property?

The property SW 56th Ave is 2.00 acres.
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Rocket HomesOregonMultnomah CountyPortland97221SW 56th Ave

This home is located at SW 56th Ave in Portland, OR and zip code 97221 in the Southwest Portland neighborhood. This home sits on a 2.00 acre lot. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $2,000,000.

While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and 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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