Incredible opportunity to purchase stunning architectural masterpiece for far under market value...AND...Owner will finance at significantly below market interest rates! Located in the gorgeous and sought-after Kings Heights neighborhood with beautiful views, close to Hillside Park, Forest Park trailhead, popular NW 23rd Avenue shopping and restaurants, and perched on a perfectly private lot featuring walled courtyards and a gated rear entrance. This home features 4 very large bedroom suites, a lovely open floorplan and full basement. Reminiscent of old Santa Barbara/Palm Springs, the Mediterranean/Spanish style home is enjoying a resurgence in popularity across the Southwest and California- be ahead of the trend and enjoy your own personal retreat- right here in Portland! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10156520]
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Street View
$1,816,000
2880 NW Ariel Ter, Portland, OR 97210
4beds
8,314sqft
Residential, Single Family Residence
Built in 1932
10,018 Square Feet Lot
$1,999,400 Zestimate®
$218/sqft
$7,335 Estimated rent
Home value
$1,999,400
$1.72M - $2.34M
$7,335/mo
Zestimate® history
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List your homeWhat's special
Sought-after kings heights neighborhoodPalm springsBeautiful viewsClose to hillside parkOld santa barbaraVery large bedroom suitesSpanish style home
Zillow last checked:
Listing updated:
Listed by:
Rosanne Vecchio 503-512-5100,
@HOME Property Group LLC
Bought with:
Spencer Voris, 201211016
Keller Williams Realty Professionals
Source: RMLS (OR),MLS#: 23524216
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 4
- Partial bathrooms: 3
- Main level bathrooms: 2
Rooms
- Room types: Office, Laundry, Workshop, Bedroom 4, Den, EatingArea, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Builtin Features, Dressing Room, Hardwood Floors, Marble, Soaking Tub, Suite
- Level: Upper
- Area: 345
- Dimensions: 23 x 15
Bedroom 2
- Features: Builtin Features, Hardwood Floors, Double Closet, Double Sinks, Marble, Suite
- Level: Upper
- Area: 294
- Dimensions: 21 x 14
Bedroom 3
- Features: Ceiling Fan, Closet Organizer, Hardwood Floors, Marble, Suite, Walkin Shower
- Level: Upper
- Area: 256
- Dimensions: 16 x 16
Bedroom 4
- Features: Balcony, Hardwood Floors, Bathtub With Shower, Marble, Suite, Walkin Closet
- Level: Upper
- Area: 210
- Dimensions: 15 x 14
Dining room
- Features: Coved, Formal, French Doors, Hardwood Floors, Patio
- Level: Main
- Area: 252
- Dimensions: 18 x 14
Family room
- Features: Bathroom, Builtin Features, Fireplace, Nook, Closet
- Level: Lower
- Area: 504
- Dimensions: 28 x 18
Kitchen
- Features: Builtin Refrigerator, Cook Island, Gas Appliances, Gourmet Kitchen, Double Oven, Double Sinks
- Level: Main
- Area: 315
- Dimensions: 14 x 15
Living room
- Features: Builtin Features, Coved, Fireplace, Formal, Hardwood Floors, Sunken
- Level: Main
- Area: 792
- Dimensions: 33 x 24
Office
- Features: Bay Window, Builtin Features, Hardwood Floors
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Heating
- Forced Air, Fireplace(s), Forced Air 90, Forced Air 95 Plus, Zoned
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Gas Appliances, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Free-Standing Refrigerator, Gas Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Ceilings, Marble, Soaking Tub, Wainscoting, Built-in Features, Sink, Balcony, Bathtub With Shower, Suite, Walk-In Closet(s), Bookcases, Coved, Double Closet, Double Vanity, Closet Organizer, Walkin Shower, Formal, Bathroom, Nook, Closet, Cook Island, Gourmet Kitchen, Sunken, Dressing Room
- Flooring: Concrete, Hardwood, Heated Tile, Tile
- Doors: French Doors
- Windows: Bay Window(s)
- Basement: Full,Partially Finished,Storage Space
- Number of fireplaces: 3
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 8,314
- Total interior livable area: 8,314 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Patio
- Exterior features: Water Feature, Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 10,018 Square Feet
- Features: Gated, Private, SqFt 10000 to 14999
Details
- Parcel number: R304735
- Other equipment: Air Cleaner
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Tile
Condition
- Restored
- New construction: No
- Year built: 1932
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Parks, trails, shopping, restaurants
- Security: Security Gate, Security System Owned
- Subdivision: Kings Heights
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $1,887,740
- Annual tax amount: $49,242
- Date on market: 4/27/2023
- Cumulative days on market: 238 days
- Listing terms: Call Listing Agent,Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2023 | Sold | $1,816,000-6.9%$218/sqft |
Source:  RMLS (OR) #23524216 Report a problem | ||
| 7/17/2023 | Pending sale | $1,950,000$235/sqft |
Source: RMLS (OR) #23524216 Report a problem | ||
| 4/27/2023 | Listed for sale | $1,950,000-40%$235/sqft |
Source: RMLS (OR) #23524216 Report a problem | ||
| 1/20/2021 | Listing removed | -- |
Source:  RMLS (OR) Report a problem | ||
| 10/18/2020 | Listed for sale | $3,250,000+32.7%$391/sqft |
Source: @HOME Property Group LLC #20593922 Report a problem | ||
| 5/30/2006 | Sold | $2,450,000+62.3%$295/sqft |
Source: Public Record Report a problem | ||
| 1/4/2006 | Sold | $1,510,000$182/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,089 +5.9% | $1,887,740 +5% |
| 2024 | $34,090 -9.9% | $1,797,850 -5.4% |
| 2023 | $37,838 -23.2% | $1,901,220 +3% |
| 2022 | $49,242 +1.7% | $1,845,850 +3% |
| 2021 | $48,409 +9% | $1,792,090 +3% |
| 2020 | $44,406 +3.8% | $1,739,900 +3% |
| 2019 | $42,773 | $1,689,230 +3% |
| 2018 | $42,773 +3% | $1,640,030 +3% |
| 2017 | $41,514 +14% | $1,592,270 +3% |
| 2016 | $36,410 | $1,545,900 +3% |
| 2015 | $36,410 +2.7% | $1,500,880 +3% |
| 2014 | $35,454 +3.9% | $1,457,170 +3% |
| 2013 | $34,107 +10.5% | $1,414,730 +3% |
| 2012 | $30,852 +3.9% | $1,373,530 +3% |
| 2011 | $29,687 +5.5% | $1,333,530 +3% |
| 2010 | $28,132 +2.7% | $1,294,690 +3% |
| 2009 | $27,386 +5.9% | $1,256,990 +3% |
| 2008 | $25,853 +6.3% | $1,220,380 +9.3% |
| 2007 | $24,321 +11.4% | $1,117,040 +3% |
| 2006 | $21,839 +4.8% | $1,084,510 +3% |
| 2005 | $20,848 +3.1% | $1,052,930 +3% |
| 2004 | $20,212 -4.9% | $1,022,270 +3% |
| 2003 | $21,249 +4% | $992,500 +3% |
| 2002 | $20,434 +9.5% | $963,600 +6.1% |
| 2000 | $18,666 | $908,300 |
Find assessor info on the county website
Neighborhood: Hillside
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Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Chapman
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,999,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,999,400
- Oregon
- Multnomah County
- Portland
- 97210
- Hillside
- 2880 NW Ariel Ter
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