4 months on rocket

7373 SE Luther Rd, Portland, OR, 97206

$425,000

Home List Price

$5,047*

Closing Credit

4 Bedrooms
2 Full Baths
1,612 SqFt
$264/SqFt
House
Schools Nearby

Location

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7373 SE Luther Rd, Portland$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway
Attached Garage1 space
Year Built1949
HeatingForced Air
ViewTrees/Woods
MLS #23385876
Lot Size0.16 Acres
StatusActive

About 7373 SE Luther Rd

This Farmhouse style home is move-in ready featuring Huge living room, New carpet, new paint and lots of extra storage in almost every room. Built-ins galore! Access to attic closets as well. Butler's pantry off kitchen ready for food storage and more! Generous sized bathtub on the main with extra deep closets, and walk in shower in upper bath. Unincorporated offers significant savings, yearly taxes only $2,462.57 in 2022! The front yard is Clackamas county and back fence is Multnomah County. This charming Farmhouse features a lifetime tile roof & updated Dbl paned vinyl windows. Big, covered front porch entry with fenced yard, Wysteria wrapped fence, apple tree in back, and big yard that is Fido approved! Bonus rooms on each floor, so this could be up to 5 bedrooms. Tucked behind the living room is a bonus den/ office/library with access to back yard. Generous sized laundry room with extra storage, attached to garage, with outside enterance. Covered back patio leads to raised beds in garden area and play area. Lots of RV parking! Room for all your toys. Garage plus a tall, large covered carport area with power. Central location to Cartlandia food carts, shopping, transit and freeways. Big fenced front and back yard area ready for pets with good fences. Room for summer Bbq's! Lifetime tile roof recently serviced & Cleaned. Ask your realtor or reach out to find out about first time buyer programs and Down Payment assistance programs! Buy this home for a very low down payment with a grant, ask me how! Seller is open to completing some repairs or offering credit of equal value.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Farmhouse
  • Year Built: 1949
  • Stories: 2
  • Living Area: 1,612 SqFt

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 805-8545
  • Listing Agent: Angi McFarland

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: No
  • Interior: Laundry, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Fence, Garden, Patio, Porch, RV Parking, RV/Boat Storage, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Carport, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Milwaukie High School, Public District Grades 9-12
  • Alder Creek Middle School, Public District Grades 6-8
  • Lewelling Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SE 72nd to East on SE Luther St

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $2,301
  • 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

7373 SE Luther Rd vs Portland

136 DAYS ON ROCKET

+92 Days

$425,000

-$114.4K Less

$264/SqFt

-$50 Less

KEY TAKEAWAY

This property is $114.4K less than the Median Sold Price and $50/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: #23385876

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 805-8545
  • Listing Agent: Angi McFarland

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: 4/28/2024, 5:25:20 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

Oct 31, 2014Home Sold
$204,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,301$124,719
2018$1,988$117,560
2017$1,926$114,136

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-2466607
2
/10

  • Lewelling Elementary School

  • 5325 SE Logus Rd

  • 1.23 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2466608
4
/10

  • Alder Creek Middle School

  • 13801 SE Webster Rd

  • 2.65 miles

  • Public District Grades 6-8

High School

school-card-donut-2466609
3
/10

  • Milwaukie High School

  • 11300 SE 23rd Ave

  • 2.82 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 $45,588. The majority of Portland, OR residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7373 SE Luther Rd

What is the listing price of this property?

The listing price of 7373 SE Luther Rd property is $425,000.

What type of property is this?

The property 7373 SE Luther Rd is a house located in Portland, Oregon, 97206.

Is this property for sale now?

Active Listing: 7373 SE Luther Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7373 SE Luther Rd are:
Lewelling Elementary School: GreatSchools Rating 2/10
Alder Creek Middle School: GreatSchools Rating 4/10
Milwaukie High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,301 (source: MLS/based on county public records data).

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

The last sale was on October 31, 2014 for $204,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7373 SE Luther Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7373 SE Luther Rd is 1,612 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7373 SE Luther Rd is 1949.

Rocket Homes›Oregon›Multnomah County›Portland›97206›7373 SE Luther Rd

This home is located at 7373 SE Luther Rd in Portland, OR and zip code 97206. This 1,612 square foot home, which was built in 1949, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $425,000.

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. Between February 2024 and March 2024, Portland, OR real estate market has seen increase in the number of listings by 8%. While the average time on the market in March 2024 was 44 days, the median list price was $539,441.

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

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