See Home Value
$765,000 - $935,000
House - Off Market

7944 SE 162ND AVE

Portland, OR 97236
bedrooms
6 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
5401 Sqft
Sold Jul 28, 2017
$537,000
$420,000 by Onpoint Community Cu
Mortgage Due Aug 01, 2047
Sold Jan 24, 1996
Transfer
$207,000 by Cub Funding Corp
Mortgage Due Feb 01, 2026

About This Property

New Price - $850,000O Was $998,500. Sellers reduction is to help you in doing the upgrades to the house you desire. In addition, seller is willing to contribute $20,000 towards an interest rate buydown, to help in lowering your monthly payment. If this home were updated any further, its value would likely be around $1,200,000.  build your equity in this great home. Mid Century View Home with soaring ceilings, timbers and more on 2.47 acre. This 1952 built house features a magazine worthy living room with dramatic fireplace and breathtaking countryside views. Birch wood walls & built ins. Thoughtful & significant updates throughout: remodeled kitchen & baths, interior paint & plush carpet, new roof, newer heating/cooling, new electrical panel & service. The owner has taken great care to move the property forward while retaining its original charm. While the home could use more updates, its ready for you to personalize the rest to your own liking. The living room alone is 1300 square feet. A great place for events, retreats and entertaining large parties.Additional detached garage/shop for small car or tractor. Small orchard and Sunrise Views are also sure to please.A seasonal pond adds to the serene environment of the sprawling backyard. Was previously an adult foster care, many possible uses await you.

The manager has listed the unit size as 5401 square feet.
Unit Size
5,401Ft²
Days on Market
-
Land Size
2.47 acres
Price per sqft
$157
Property Type
House
Property Taxes
$826
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Dec 8, 2023 No longer available -
No longer available
Oct 6, 2023 Price Decreased $850,000
↓ $25K (2.9%)
Price Decreased
Jul 18, 2023 Relisted $875,000
Relisted
Jul 17, 2023 No longer available -
No longer available
Jul 6, 2023 Listed $875,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Fair
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 4
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 79,715
  • Total Building Area: 6,079
  • Gross Building Area: 6,079
  • Building Area: 5,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 5,407
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.83
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 19 1S 3E, TL 600 1.83 ACRES SPLIT LEVY R340722 (R993191740)

Ownership

  • Current Owner : BOLESTA RICHARD E
  • Current Owner 2: RICHARD E BOLESTA REVOCABLE LIVING TRUST
  • Previous Owner : LAUGLIN ADA M
  • Previous Owner 2: LAUGHLIN RONALD L
  • Owner Before Previous Owner: KIM ESTHER MYUNGEUN
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Centennial School District 28J
  • Census Tract: 008903

Zoning

  • Zoning: RR

Geography

  • Account Number: R993191100
  • Parcel: R340666
  • Meridian: SEC 19 TWN 01S RNG 03E
  • Latitude: 45.4654
  • Longitude: -122.496

    Address

  • Full Address: 7944 Se 162nd Ave
  • Address - House Number: 7944
  • Street Direction: SE
  • Address - Street Name: 162nd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C045
  • 4-Digit Zip Code: 4838
  • Zip Code: 97236

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,611
  • Tax Rate Code Area: 264

    Appraisal Valuation

  • Standard Deviation: 0.119
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 87
  • Final Value: 851,746
  • High Value: 953,109
  • Low Value: 750,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: ONPOINT COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Jul 28, 2017
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $898,870
  • Market Land Value: $308,470
  • Market Improvement Value: $590,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $580,220

    Sales

  • Current Sale Contract Date: Jul 26, 2017
  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Transaction ID: 1590290214
  • Current Sale Price: $537,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2017-090952
  • Previous Sale Recording Date: Jan 24, 1996
  • Previous Sale Contract Date: Oct 16, 1995
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONPOINT COMMUNITY CU
  • First Mortgage Transaction Date: Jul 28, 2017
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CUB FUNDING CORP
  • Previous Mortgage Transaction Date: Jan 24, 1996
  • Previous Mortgage Loan Amount: $207,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2026



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6 Baths
3,588 ft²
$237/ft²
$850,000 Jun 25, 2023
-
$601/mo
House
5 Beds
3.5 Baths
2,786 ft²
$258/ft²
$719,900 Jul 6, 2023
-
$2,034/mo

About East Portland


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Nearby Rentals



Frequently Asked Questions

When was property at 7944 Southeast 162nd Avenue built and last sold?
The property at 7944 Southeast 162nd Avenue was built in 1952 and last sold on Jul 26, 2017 for $537,000.
How much is this home worth?
The estimated value of the home located at 7944 Southeast 162nd Avenue is $883,750.
What are some comparable homes to 7944 Southeast 162nd Avenue?
Homes that are comparable to 7944 Southeast 162nd Avenue include a house property at 8571 Southeast 150th Avenue, 7360 Southeast 156th Avenue, which are both great to check out.

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