See Home Value
Portland 97266 Lents
8506 SE TOLMAN ST
$374,000 - $456,000
House - Off Market

8506 SE TOLMAN ST

Portland, OR 97266
bedrooms
Studio
bathrooms
1 Bath
square feet
1496 Sqft
Refi Aug 03, 2001
Transfer
Owner
$104,850 by New Century Mtg Corp
Mortgage Due Aug 01, 2031

About This Property

Farmhouse with covered front porch on 8,000 sf corner lot zoned R2.5 with approximately 24x36 shop with studio apt. Primary bedroom is on main floor. High ceilings on main level. Remodel the home and build another home or possible duplex or sub-divide. Zoning will allow up to 3 units and 2 lots. Possible to apply to re-establish the 2 historical tax lots, and concurrently apply for lot line adjustment to move the lot line to run North & South when dividing the 2 lots. Some off street improvement may apply. Buyer to verify these options or others with the City of Portland. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10188740]

The manager has listed the unit size as 1496 square feet.
Unit Size
1,496Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$277
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1908

Price History

Date / Event Date Event Price
Mar 7, 2024 No longer available -
No longer available
Oct 5, 2023 Relisted $415,000
Relisted
Oct 2, 2023 No longer available -
No longer available
Apr 3, 2023 No longer available -
No longer available
Apr 1, 2023 Listed $415,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,312
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARLETA PK 2
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARLETA PK 2, BLOCK 5, LOT 16&17

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000602

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R036801250
  • Parcel: R108065
  • Block: 5
  • Lot: 16,17
  • Meridian: SEC 16 TWN 01S RNG 02E
  • Latitude: 45.4774
  • Longitude: -122.575

    Address

  • Full Address: 8506 Se Tolman St
  • Address - House Number: 8506
  • Street Direction: SE
  • Address - Street Name: Tolman
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C011
  • 4-Digit Zip Code: 5470
  • Zip Code: 97266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,902
  • Tax Rate Code Area: 703

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 97
  • Final Value: 399,242
  • High Value: 424,864
  • Low Value: 373,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,850
  • First Open Lien Mortgage Lender: NEW CENTURY MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 03, 2001
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $104,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2031

    Market Valuation

  • Market Total Value: $555,550
  • Market Land Value: $371,000
  • Market Improvement Value: $184,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,990



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,860 ft²
$250/ft²
$465,000 Sep 15, 2023
-
$366/mo
House
4 Beds
2 Baths
1,517 ft²
$280/ft²
$425,000 Sep 12, 2023
-
$383/mo
Condo
3 Beds
2.5 Baths
1,337 ft²
$322/ft²
$429,900 Aug 15, 2023
-
$880/mo
Condo
3 Beds
2.5 Baths
1,337 ft²
$329/ft²
$439,900 Aug 15, 2023
-
$879/mo
House
3 Beds
1 Bath
1,704 ft²
$241/ft²
$410,000 Sep 28, 2023
-
$375/mo
House
3 Beds
1 Bath
1,125 ft²
$320/ft²
$359,900 Jul 14, 2023
-
$352/mo
House
3 Beds
1 Bath
980 ft²
$434/ft²
$425,000 Sep 28, 2023
-
$371/mo
House
3 Beds
1 Bath
936 ft²
$405/ft²
$379,000 Jul 13, 2023
-
$279/mo
House
2 Beds
1 Bath
1,138 ft²
$338/ft²
$384,950 Sep 27, 2023
-
$268/mo
House
2 Beds
1 Bath
858 ft²
$448/ft²
$384,500 Jul 26, 2023
-
$299/mo
House
2 Beds
1 Bath
864 ft²
$434/ft²
$375,000 Apr 11, 2023
-
$307/mo
House
2 Beds
1 Bath
720 ft²
$514/ft²
$369,900 Sep 22, 2023
-
$267/mo

About East Portland


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Frequently Asked Questions

When was property at 8506 Southeast Tolman Street built and last sold?
The property at 8506 Southeast Tolman Street was built in 1908 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8506 Southeast Tolman Street is $418,551.
What are some comparable homes to 8506 Southeast Tolman Street?
Homes that are comparable to 8506 Southeast Tolman Street include a house property at 7428 Southeast Duke Street, 6415 Southeast 85th Avenue, 8735 Southeast Insley Street.

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