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    • $870,000

    5017 SE Aldercrest Rd, Milwaukie, OR 97222

    7beds
    3,465sqft
    : 
    $5,910/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1940
    1.48 Acres Lot
    $-- Zestimate®
    $251/sqft
    $-- HOA

    What's special

    Striking floating staircaseCozy gas fireplaceOutdoor fireplacePeaceful viewsCovered patioSpacious deckLarge basement
    Some homes have a story to tell. Beyond the winding driveway, this 1.48-acre creekside property unfolds like a storybook, with mature trees, peaceful views, and a sense of privacy that feels worlds away from the city. The thoughtfully updated 1940 home blends vintage soul with modern ease. Expanded with a second story, the main home offers 4 bedrooms, 3 full baths, a striking floating staircase, a cozy gas fireplace, exposed wood beam, beautifully renovated kitchen and bathrooms, dual laundry hookups, and a large basement ready for your vision. Gather under the covered patio, and let the outdoor fireplace carry the party into fall, surrounded by extensive garden beds that invite new stories to take root. The long driveway not only provides ample parking for RVs and recreational vehicles, but is also striped with pickleball court lines for a fun and unexpected recreational space. A separate detached ADU offers 3 bedrooms, 2 full baths, and a spacious deck—perfect for multigenerational living, visiting guests, or rental income. All this, just minutes from Downtown Milwaukie and Sellwood. Rarely does a property offer this much character, flexibility, and room to grow.
    119 days
    1,117
    128

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean Mele 503-572-7491,

    Opt

    Source: RMLS (OR),MLS#: 293461992MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      • Main level bathrooms: 3
      Rooms
      • Room types: 2nd Kitchen, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Walkin Closet
      • Level: Upper
      • Area: 210
      • Dimensions: 15 x 14
      Bedroom 2
      • Features: Closet
      • Level: Main
      • Area: 182
      • Dimensions: 14 x 13
      Bedroom 3
      • Features: Closet
      • Level: Main
      • Area: 132
      • Dimensions: 12 x 11
      Bedroom 4
      • Features: Closet
      • Level: Main
      • Area: 182
      • Dimensions: 14 x 13
      Bedroom 5
      • Level: Lower
      • Area: 108
      • Dimensions: 12 x 9
      Dining room
      • Level: Main
      • Area: 64
      • Dimensions: 8 x 8
      Family room
      • Level: Lower
      • Area: 280
      • Dimensions: 20 x 14
      Kitchen
      • Features: Dishwasher, Pantry, Free Standing Range, Free Standing Refrigerator
      • Level: Main
      • Area: 195
      • Width: 13
      Living room
      • Features: Fireplace
      • Level: Main
      • Area: 352
      • Dimensions: 22 x 16
      Heating
      • Forced Air, Heat Pump, Fireplace(s)
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s), Electric Water Heater, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Soaking Tub, Closet, Pantry, Walk-In Closet(s), Quartz
      • Flooring: Bamboo
      • Windows: Double Pane Windows
      • Basement: Full,Separate Living Quarters Apartment Aux Living Unit,Unfinished
      • Number of fireplaces: 2
      • Fireplace features: Gas, Outside
      Interior area
      • Total structure area: 3,465
      • Total interior livable area: 3,465 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, RV Access/Parking
      • Has uncovered spaces: Yes
      Features
      • Levels: Tri Level
      • Stories: 3
      • Patio & porch: Covered Patio
      • Exterior features: Athletic Court, Garden
      • Has view: Yes
      • View description: Creek/Stream, Trees/Woods
      • Has water view: Yes
      • Water view: Creek/Stream
      • Waterfront features: Creek
      • Body of water: Kellogg
      Lot
      • Size: 1.48 Acres
      • Features: Gentle Sloping, Private, Wooded, Acres 1 to 3
      Details
      • Additional structures: RVParking, SecondResidence, SeparateLivingQuartersApartmentAuxLivingUnit
      • Parcel number: 00439608
      • Zoning: R10

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Residential, Single Family Residence
      Materials
      • Cement Siding, Other
      • Foundation: Concrete Perimeter
      • Roof: Composition,Flat,Membrane
      Condition
      • Resale
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Milwaukie

      Financial & listing details

      • Price per square foot: $251/sqft
      • Tax assessed value: $1,305,102
      • Annual tax amount: $11,143
      • Date on market: 7/16/2026
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/5/2026Listed for sale$870,000$251/sqft
        Source: RMLS (OR) #293461992 Report a problem
        10/2/2026Listing removed$870,000$251/sqft
        Source: RMLS (OR) #293461992 Report a problem
        9/15/2026Price change$870,000-3.3%$251/sqft
        Source: RMLS (OR) #293461992 Report a problem
        9/4/2026Listed for sale$900,000$260/sqft
        Source: RMLS (OR) #293461992 Report a problem
        8/16/2026Pending sale$900,000$260/sqft
        Source: RMLS (OR) #293461992 Report a problem
        8/3/2026Price change$900,000-5.3%$260/sqft
        Source: RMLS (OR) #293461992 Report a problem
        7/17/2026Listed for sale$950,000+146.8%$274/sqft
        Source: RMLS (OR) #293461992 Report a problem
        6/15/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/8/2024Listed for rent$2,395+20.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/3/2020Listing removed$1,995$1/sqft
        Source: Zillow Rental Network Report a problem
        8/30/2020Price change$1,995-9.1%$1/sqft
        Source: Zillow Rental Network Report a problem
        8/11/2020Listed for rent$2,195+20.3%$1/sqft
        Source: Zillow Rental Network Report a problem
        10/29/2017Listing removed$1,825$1/sqft
        Source: Zillow Rental Network Report a problem
        10/25/2017Price change$1,825-3.7%$1/sqft
        Source: Zillow Rental Network Report a problem
        10/14/2017Listed for rent$1,895$1/sqft
        Source: Zillow Rental Network Report a problem
        2/17/2017Sold$385,000-14.4%$111/sqft
        Source: RMLS (OR) #16348753 Report a problem
        1/11/2017Price change$450,000+12.5%$130/sqft
        Source: Keller Williams - Portland West #16216762 Report a problem
        1/4/2017Pending sale$399,900$115/sqft
        Source: Keller Williams Realty Profes. #16216762 Report a problem
        1/4/2017Price change$399,900-11.1%$115/sqft
        Source: Keller Williams Realty Profes. #16216762 Report a problem
        12/14/2016Pending sale$450,000$130/sqft
        Source: Keller Williams - Portland West #16348753 Report a problem
        12/13/2016Price change$450,000+12.5%$130/sqft
        Source: Keller Williams - Portland West #16348753 Report a problem
        12/13/2016Pending sale$399,900-11.1%$115/sqft
        Source: Keller Williams - Portland West #16348753 Report a problem
        12/10/2016Listed for sale$450,000$130/sqft
        Source: Keller Williams - Portland West #16348753 Report a problem
        12/9/2016Pending sale$450,000$130/sqft
        Source: Keller Williams - Portland West #16348753 Report a problem
        12/9/2016Listed for sale$450,000+922.7%$130/sqft
        Source: Keller Williams - Portland West #16348753 Report a problem
        3/6/2003Sold$44,000-74.9%$13/sqft
        Source: Public Record Report a problem
        8/29/1996Sold$175,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,144 +13.2%$591,100 +12.4%
        2024$9,843 +13.4%$525,658 +13.4%
        2023$8,683 +17.8%$463,346 +14.7%
        2022$7,372 +7.9%$403,817 +7%
        2021$6,835 +3.3%$377,377 +3%
        2020$6,615 +1.5%$366,386 +3%
        2019$6,519 +14.4%$355,715 +3%
        2018$5,697 $345,354 +3%
        2017$5,697 +7.3%$335,295 +3%
        2016$5,311 $325,529 +3%
        2015$5,311 +3%$316,048 +3%
        2014$5,158 +7.1%$306,843 +3%
        2013$4,817 +2.4%$297,906 +3%
        2012$4,704 +0.6%$289,229 +3%
        2011$4,678 +6%$280,805 +3%
        2010$4,414 +3.1%$272,626 +3%
        2009$4,282 +6.6%$264,685 +3%
        2008$4,016 +2.5%$256,976 +3%
        2007$3,920 +12%$249,491 +3%
        2006$3,500 +1.6%$242,224 +3%
        2005$3,446 +3.2%$235,169 +3%
        2004$3,340 +2%$228,319 +3%
        2003$3,273 +3.2%$221,669 +3%
        2002$3,171 +2%$215,213 +3%
        2001$3,108 +3.6%$208,945 +3%
        2000$3,000 $202,859
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 97222

        Getting around

        12 / 100
        Car-Dependent
        17 / 100
        Minimal Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oak Grove
        • Middle: Alder Creek
        • High: Putnam

        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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