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$1,397,000   Price Analysis
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7127 SE 127th Ave
Portland, OR 97236
3 bed 2 bath 2,888 SqFt ($483/SqFt)
1.61 acre lot. Built 1954
Listed 2023-12-11, Taxes $8,896
Ⓧ USDA Ineligible
due to price & location

near Portland

1.61-acre lot gated and fenced Plus existing 2888 sq.

Ft., 3-bedroom 2 bath with full basement partially finished with inside/outside entrance. On gentle slope for backyard for urban farm/garden area? or build additional homes is a rare find in SE Portland. 1954 family-built/owned, mid-century brick ranch. Main level home has Kitchen, primary bedroom, 2nd and 3rd bedrooms, b ath, living room, main level-fireplace. Partially finished full Basement-has 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 house main-level and outside basement entry, for multi-gen living? Enjoy serenity in this large backyard with large rear concrete patio area-tremendous for outdoor enjoyment/entertaining. Garage-Large 4 car detached 650 sq. ft-extra deep, plus carport. Storage shed 12x16. Lot measures 150 feet x 470 feet. Lots of parking room for RV/Boat/Big vehicle parking. Build your custom home in the back lot plus more and keep existing home. In the Pleasant Valley neighbrhood, Country feel living but in city. The contractor is doing some replumbing currently. (Asbestos abatement completed 2024 04 11 kitchen cabinet floor, basement bathroom floor, basement piano room floor and basement HVAC duct tape). The property is fully fenced and gated. No HOA. On septic and sewer in the street at NE corner of the property at SE 127th Ave. Years after you have enjoyed the property and want to move on!

ZONING allows you or future owner to BUILD 5 or 6 ADDITIONAL HOMES (with ADUs?). Great owner opportunity or investment. Note, the property is not in a flood area, nor does it have an excessive number of trees, making it easier to develop compared to some other lots. Live on property while developing. Water temporarily shut off. Not for rent or lease. Buyer to perform due diligence. Only walk on property with Realtor Chuck or Mel's approval. [Home Energy Score = 4. HES Report at


Presented by MELVIN ROEMMICH at
ERA Freeman & Associates, Realtors.
Listing Agent Photo

Property MLS #23167734 from RMLS

Bedrooms: 3
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Bathrooms: 2.0
Full Bathrooms: 2
Bathrooms On Main Level: 1.0
Full Bathrooms On Main Level: 1
Bathrooms On Lower Level: 1.0
Full Bathrooms On Lower Level: 1

Laundry
VinylFloor
WoodFloors
Window Features: DoublePaneWindows

Fireplace Features: WoodBurning
Heating Features: ForcedAir
Heating: Yes
Number of Fireplaces: 2
Water Heaters: Electricity, Tank

Dining Room Level: Main
Kitchen Level: Main
2nd Kitchen Level: Lower

Family Room Level: Lower
Living Room Level: Main
Basement Description: ExteriorEntry, FullBasement, PartiallyFinished

Fenced
Garden
Outbuilding
Patio
Porch
RVParking
RVBoatStorage
Yard
Road Surface Type: Paved

Lot Description: Gated, GentleSloping, Level, Trees
Lot Size Acres: 1.61
Lot Size Dimensions: 1.61 Acres-150'x470'
Lot Size Square Feet: 70131

Garage Spaces: 4
Garage Description: Carport, Detached, Oversized
Parking Features: Carport, RVAccessParking

Elementary School: Gilbert Park
High School: David Douglas
Middle School: Alice Ott

Alice Ott Middle School is a public middle school located approximately 0.6 miles away.
directions icon Map directions

Gilbert Park Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

David Douglas High School is a public high school located approximately 3.1 miles away.
directions icon Map directions

Slavic Christian Academy is a private elementary and middle school located approximately 1 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

LotSizeRange: Acres1to3
Annual Tax Amount: 9967.899999999
Source Listing Status: Active
County: Multnomah
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
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: PLEASANT VALLEY
Parcel Number: R336941
Subdivision: PLEASANT VALLEY
Zoning: R 10
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$387,690
$8,896
2021$unknown + $unknown
$376,400
$8,750
2020$unknown + $unknown
$365,440
$7,926
2019$unknown + $unknown
$354,800
$7,674
2018$unknown + $unknown
$344,470
$7,438
2017$unknown + $unknown
$334,440
$7,163
2016$unknown + $unknown
$324,700
$6,974
2015$unknown + $unknown
$315,250
$6,714
2014$unknown + $unknown
$306,070
$6,184
2013$unknown + $unknown
$297,160
$5,363
2012$unknown + $unknown
$288,510
$5,269
2011$unknown + $unknown
$280,110
$5,327
2010$unknown + $unknown
$271,960
$5,844
2009$unknown + $unknown
$264,040
$5,725
2008$unknown + $unknown
$256,360
$5,529
2007$unknown + $unknown
$248,890
$5,506

Price Changed 2024-01-20
$1,397,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listing removed 2023-12-12
$1,397,000
RMLS
Listing removed 2023-12-11
$0
RMLS
Listed 2023-12-11
$1,397,000
RMLS
Listed 2023-07-28
$1,693,000
RMLS

Year Built: 1954
Building Area Total: 2888
Building Exterior Type: Brick
Foundation Details: ConcretePerimeter
Property Age: 70
Property Condition: Resale
Roof: Composition
Levels or Stories: 2
House Style: MidCenturyModern
Total Area Lower: 1444
Total Area Main: 1444
Architectural Style: MidCenturyModern

Sewer: SepticTank
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.