5 months on rocket

Sale Pending

2531 NE 86th Ave, Portland, OR, 97220

$390,000

Home List Price

$4,631*

Closing Credit

3 Bedrooms
1 Full Bath
960 SqFt
$406/SqFt
House
Schools Nearby

Location

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2531 NE 86th Ave, Portland$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year Built1972
HeatingForced Air
CoolingNone
FireplaceWood Burning
MLS #23028648
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 2531 NE 86th Ave

Nice, single level home in a quiet neighborhood. Move in ready with range and refrigerator included. Interior washer and dryer hookups. Wood burning fireplace and double pane windows make for a cozy interior. Fresh exterior paint, fenced yard, and plenty of off street parking. Seller will credit buyer $5000 towards interest rate reduction or closing costs. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10223735]

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1972
  • Stories: 1
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: Knipe Realty ERA Powered
  • Office Email: info@kniperealty.com
  • Listing Agent: Chris Marek

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Laundry, Wall to Wall Carpet
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio, Yard

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Madison High School, Public District Grades 9-12
  • Lee Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: From NE 82nd, go East on Brazee and left on 86th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000
  • Price Per SqFt: $406/SqFt

Tax Information:

  • Annual Amount: $4,262
  • 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

$539.4K

Med. Price/SqFt

$314

Avg. Days On Market

44

# of Sold Homes

611

2531 NE 86th Ave vs Portland

162 DAYS ON ROCKET

+118 Days

$390,000

-$149.4K Less

$406/SqFt

+$92 More

KEY TAKEAWAY

This property is $149.4K less than the Median Sold Price and $92/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: #23028648

Listing Office:

  • Office Name: Knipe Realty ERA Powered
  • Office Email: info@kniperealty.com
  • Listing Agent: Chris Marek

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: 4/29/2024, 3:25:20 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 04, 2007Home Sold
$199,950
Oct 31, 2006Home Sold
$147,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,262$166,840
2018$3,985$157,280
2017$3,820$152,700

History based on county public records data.

Payment Calculator

$2,014

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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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-3190454
6
/10

  • Lee Elementary School

  • 2222 NE 92nd Ave

  • 0.39 miles

  • Public District Grades KG-8

High School

school-card-donut-3190455
4
/10

  • Madison High School

  • 2735 NE 82nd Ave

  • 0.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. Most Portland, OR residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2531 NE 86th Ave

What is the listing price of this property?

The listing price of 2531 NE 86th Ave property is $390,000.

What type of property is this?

The property 2531 NE 86th Ave is a house located in Portland, Oregon, 97220.

Is this property for sale now?

Sale Pending: 2531 NE 86th Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2531 NE 86th Ave are:
Lee Elementary School: GreatSchools Rating 6/10
Madison High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,262 (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 4, 2007 for $199,950. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2531 NE 86th Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2531 NE 86th Ave is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2531 NE 86th Ave is 1972.

Rocket Homes›Oregon›Multnomah County›Portland›97220›2531 NE 86th Ave

This home is located at 2531 NE 86th Ave in Portland, OR and zip code 97220 in the Railway Addition neighborhood. This 960 square foot home, which was built in 1972, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 19, 2023 and is currently priced at $390,000.

While more than 245 listings in Portland, OR in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 217 were sold below. The number of listings in Portland, OR increased by 8% between February 2024 and March 2024. In March 2024 median list price was $539,441 and the average listing age was 44 days.

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

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