4 months on rocket

7127 SE 127th Ave, Portland, OR, 97236

$1,397,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,888 SqFt
$484/SqFt
House
Schools Nearby

Location

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7127 SE 127th Ave, Portland$1,397,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, R.V. Parking
Garage4 spaces
Year Built1954
HeatingForced Air
BasementYes
FireplaceWood Burning
MLS #23167734
Lot Size1.61 Acres
StatusActive

About 7127 SE 127th Ave

NEIGHBORHOOD HOME/PROPERTY on 1.6 acres that is DESIRABLE and PEACEFUL to live in 2888 sq. ft., 0riginal 1954 family-built/owned, mid-century ranch with full basement, 3-bedrooms, 2 bathrooms. Main level has Kitchen, primary bedroom, 2nd and 3rd bedrooms, bath, main level-fireplace, partially finished full Basement has Kitchen, bathroom, big basement family room, craft room, laundry area and storage area or convert to what you need/want, basement has two separate entrances with an inside main-level and outside entry, for multi-gen living? Enjoy serenity in this large backyard with large rear concrete patio area-great for outdoor entertaining, large 4 car detached 650 sq. ft. garage extra deep, plus carport, RV/Boat /Big vehicle parking. Build your custom home in the back lot plus keep existing home. Years after you have enjoyed the property and want to move on! Zoning says you can build 5 or 6 ADDITIONAL HOMES (with ADU?s). has expansive 1.6-acre backyard for urban farm/garden area, or? Lot measures 150 feet x 470 feet. Great owner opportunity or investment. The property is fully fenced and gated. No HOA. Sewer in street SE 127th Ave at NE corner of the property. Only walk on property with Realtor Chuck or Mel's approval. Buyer to perform due diligence. Water temporarily shut off. Not for rent or lease. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10219188]

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1954
  • Stories: 2
  • Living Area: 2,888 SqFt

Listing Office:

  • Office Name: ERA Freeman & Associates
  • Office Phone: (503) 665-3144
  • Listing Agent: Melvin Roemmich, Chuck DeLoach

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl, Wood
  • Interior: Laundry
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Garden, Outbuilding, Patio, Porch, RV Parking, RV/Boat Storage, Yard

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Carport, R.V. Parking

Lot Features

Lot Information:

  • Lot: Private, Gentle Sloping, Level, Trees
  • Lot Size: 1.61 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • David Douglas High School, Public District Grades 9-12
  • Alice Ott Middle School, Public District Grades 6-8
  • Gilbert Park Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SE Foster RD-S on SE 122 SE Ave-E on on 122nd DR- R on SE 127th Ave-House/property on right side

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,397,000
  • Price Per SqFt: $484/SqFt

Tax Information:

  • Annual Amount: $7,927
  • 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

7127 SE 127th Ave vs Portland

139 DAYS ON ROCKET

+95 Days

$1,397,000

+$857.5K More

$484/SqFt

+$170 More

KEY TAKEAWAY

This property is $857.5K more than the Median Sold Price and $170/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: #23167734

Listing Office:

  • Office Name: ERA Freeman & Associates
  • Office Phone: (503) 665-3144
  • Listing Agent: Melvin Roemmich, Chuck DeLoach

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, 5:25:19 AM 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$7,927$388,120
2018$7,438$344,470
2017$7,164$334,440

History based on county public records data.

Payment Calculator

$7,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,255

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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-2898126
7
/10

  • Gilbert Park Elementary School

  • 13132 SE Ramona St

  • 0.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2898127
6
/10

  • Alice Ott Middle School

  • 12500 SE Ramona St

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-2898128
5
/10

  • David Douglas High School

  • 1001 SE 135th Ave

  • 3.10 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 $43,696. Most Portland, OR residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7127 SE 127th Ave

What is the listing price of this property?

The listing price of 7127 SE 127th Ave property is $1,397,000.

What type of property is this?

The property 7127 SE 127th Ave is a house located in Portland, Oregon, 97236.

Is this property for sale now?

Active Listing: 7127 SE 127th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7127 SE 127th Ave are:
Gilbert Park Elementary School: GreatSchools Rating 7/10
Alice Ott Middle School: GreatSchools Rating 6/10
David Douglas High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,927 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7127 SE 127th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7127 SE 127th Ave is 2,888 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7127 SE 127th Ave is 1954.

Rocket Homes›Oregon›Multnomah County›Portland›97236›7127 SE 127th Ave

This home is located at 7127 SE 127th Ave in Portland, OR and zip code 97236 in the East Portland neighborhood. This 2,888 square foot home, which was built in 1954, sits on a 1.61 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $1,397,000.

Portland, OR housing market in March 2024 saw over 245 listings sold above listed price, more than 149 sold at listed price and over 217 sold below. In March 2024 in Portland, OR there were 8% more homes for sale than in February 2024. In March 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $539,441.

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

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