Check Availability
$374,999
↓ $1 (0%)
House - For Sale

2231 SE 162ND AVE

Portland, OR 97233
bedrooms
Studio
bathrooms
2 Baths
square feet
1770 Sqft
$2,134
Estimated Monthly
$0
HOA / Fees
7.83%
Cap Rate

About This Property

This property offers limitless potential with its commercial zoning on the right side and residential zoning on the left, allowing you to both work and live in one place! The property boasts a newly constructed spacious asphalt parking lot, a recently installed ADA ramp, and an ADT alarm system for added security. As you step inside, you'll be greeted by an abundance of natural light. The basement has a separate entrance, providing additional flexibility.

The manager has listed the unit size as 1770 square feet.
Unit Size
1,770Ft²
Days on Market
187 days
Land Size
0.10 acres
Price per sqft
$212
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1927
Last updated: 2 months ago (RMLSOR #23286676)

Price History

Date / Event Date Event Price
Mar 12, 2024 Price Decreased $374,999
↓ $1 (0%)
Price Decreased
Feb 13, 2024 Price Decreased $375,000
↓ $40K (9.6%)
Price Decreased
Oct 23, 2023 Listed by Real Broker, LLC $415,000
Listed by Real Broker, LLC
Aug 15, 2023 No longer available -
No longer available
Jul 17, 2023 Listed by Redfin Corporation $385,000
Listed by Redfin Corporation
Endless possibilities for both commercial and residential use. With zoning that accommodates both, you can now enjoy the convenience of working and living in the same space. As you enter, you'll discover a charming 3-bedroom home with a separate access point, ensuring privacy and comfort for you and your family. On the other side of the property, there is a dedicated work area spanning 560 square feet, complete with a private entrance for clients. Spacious asphalt parking lot, providing…
Show More

Property Highlights

Exterior Details

Exterior Information

Vinyl Siding
Wood Siding

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 800
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,461
  • Total Building Area: 2,570
  • Gross Building Area: 2,570
  • Building Area: 1,770
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PARTITION PLAT
  • Land Acres: 0.102
  • Legal Description 1: PARTITION PLAT 1999-4, LOT 1, EXC PT IN ST

Ownership

  • Current Owner : Z HOMES LLC
  • Previous Owner : PATTERSON SARA B
  • Owner Before Previous Owner: BRINKER JULIE ANNE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Centennial School District 28J
  • Census Tract: 009701

Zoning

  • Zoning: CM1

Geography

  • Account Number: R649790130
  • Parcel: R240425
  • Lot: 1
  • Meridian: SEC 01 TWN 01S RNG 02E
  • Latitude: 45.5064
  • Longitude: -122.497

    Address

  • Full Address: 2231 Se 162nd Ave
  • Address - House Number: 2231
  • Street Direction: SE
  • Address - Street Name: 162nd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C031
  • 4-Digit Zip Code: 4109
  • Zip Code: 97233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,598
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 175

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 419,180
  • High Value: 446,081
  • Low Value: 392,279

    Market Valuation

  • Market Total Value: $398,380
  • Market Land Value: $173,500
  • Market Improvement Value: $224,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,680

    Sales

  • Current Sale Contract Date: May 27, 2015
  • Current Sale Recording Date: May 28, 2015
  • Current Sale Transaction ID: 1211829539
  • Current Sale Price: $200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2015-062370
  • Previous Sale Recording Date: Dec 27, 2006
  • Previous Sale Contract Date: Dec 22, 2006
  • Previous Sale Amount: $214,200
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • Previous Mortgage Transaction Date: Dec 27, 2006
  • Previous Mortgage Loan Amount: $203,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jan 01, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,744 ft²
$255/ft²
$445,000 Sep 1, 2023
-
$375/mo
House
3 Beds
2 Baths
1,592 ft²
$264/ft²
$419,900 May 21, 2023
-
$383/mo
House
3 Beds
1 Bath
1,393 ft²
$287/ft²
$399,900 Aug 31, 2023
-
$393/mo
House
3 Beds
2 Baths
1,326 ft²
$309/ft²
$410,000 Sep 22, 2023
-
$312/mo
House
3 Beds
2 Baths
2,304 ft²
$206/ft²
$474,900 Oct 20, 2023
-
$422/mo
House
3 Beds
1.5 Baths
1,058 ft²
$350/ft²
$370,000 Sep 25, 2023
-
$270/mo
House
3 Beds
1 Bath
850 ft²
$441/ft²
$375,000 Sep 22, 2023
-
$261/mo

About East Portland


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Frequently Asked Questions

When was property at 2231 Southeast 162nd Avenue built and last sold?
The property at 2231 Southeast 162nd Avenue was built in 1927 and last sold on May 27, 2015 for $200,000.
How much is this home worth?
The estimated value of the home located at 2231 Southeast 162nd Avenue is $424,498.
What are some comparable homes to 2231 Southeast 162nd Avenue?
Homes that are comparable to 2231 Southeast 162nd Avenue include a house property at 15328 Southeast Brooklyn Street, 16740 Southeast Kelly Street, 16745 Southeast Clinton Street.

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