Nestled on 2.77 private acres in Milwaukie, this property offers a rare opportunity to create your dream home in a truly special setting. With a unique and functional floorplan, the home is ready for your vision and personal touch to bring it to life. Enjoy the natural beauty of Kellogg Creek running through the backyard, along with close proximity to outdoor destinations like North Clackamas Park and Mount Talbert Nature Park. Convenient access to Interstate 205 makes commuting a breeze, while nearby shopping, dining, and amenities at Clackamas Town Center provide everyday ease. Whether you're looking to renovate, invest, or build equity, this property is full of potential and possibilities. A rare combination of acreage, location, and opportunity—don’t miss your chance to make it your own.
Short sale pending
$550,000
5463 SE Aldercrest Rd, Milwaukie, OR 97222
4beds
3,068sqft
:
Get pre-qualified$3,780/mo
Residential, Single Family Residence
Built in 1978
2.77 Acres Lot
$-- Zestimate®
$179/sqft
$-- HOA
What's special
Unique and functional floorplan
- 158 days |
- 126 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Rick McDowell 971-727-8505,
Premiere Property Group, LLC,
Jimmy McDowell 971-600-4688,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 240267797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Utility Room, Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
- Area: 322
- Dimensions: 23 x 14
Bedroom 2
- Level: Lower
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Level: Lower
- Area: 126
- Dimensions: 14 x 9
Bedroom 4
- Level: Lower
- Area: 156
- Dimensions: 13 x 12
Dining room
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Family room
- Level: Lower
- Area: 493
- Dimensions: 29 x 17
Kitchen
- Level: Main
- Area: 240
- Width: 15
Living room
- Level: Main
- Area: 320
- Dimensions: 20 x 16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Free-Standing Refrigerator, Electric Water Heater
- Laundry: Laundry Room
Features
- High Ceilings
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,068
- Total interior livable area: 3,068 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Covered Deck, Deck
- Exterior features: Yard
- Has view: Yes
- View description: Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek, Stream
Lot
- Size: 2.77 Acres
- Features: Level, Acres 1 to 3
Details
- Parcel number: 00442621
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Lap Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1978
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: $179/sqft
- Tax assessed value: $774,716
- Annual tax amount: $8,171
- Date on market: 3/4/2026
- Listing terms: Cash,Rehab
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2026 | Contingent | $550,000$179/sqft |
Source:  RMLS (OR) #240267797 Report a problem | ||
| 3/4/2026 | Listed for sale | $550,000+2.4%$179/sqft |
Source: RMLS (OR) #240267797 Report a problem | ||
| 4/12/2018 | Sold | $537,000+2.3%$175/sqft |
Source: RMLS (OR) #17361061 Report a problem | ||
| 2/24/2018 | Pending sale | $525,000$171/sqft |
Source: Summa Real Estate Executives #17361061 Report a problem | ||
| 2/3/2018 | Price change | $525,000-8.7%$171/sqft |
Source: Summa Real Estate Executives #17361061 Report a problem | ||
| 11/6/2017 | Price change | $575,000-4.2%$187/sqft |
Source: Summa Real Estate Executives #17361061 Report a problem | ||
| 6/12/2017 | Price change | $600,000-2.4%$196/sqft |
Source: Oregon Realty Co. #17675971 Report a problem | ||
| 5/3/2017 | Price change | $615,000-5.4%$200/sqft |
Source: Oregon Realty Co. #17675971 Report a problem | ||
| 4/13/2017 | Listed for sale | $650,000+0%$212/sqft |
Source: Oregon Realty Co. #17675971 Report a problem | ||
| 10/12/2016 | Listing removed | $649,900$212/sqft |
Source: Oregon First #16159322 Report a problem | ||
| 7/13/2016 | Price change | $649,900-3.7%$212/sqft |
Source: Oregon First #16159322 Report a problem | ||
| 5/17/2016 | Listed for sale | $675,000+77.6%$220/sqft |
Source: Oregon First #16159322 Report a problem | ||
| 10/29/2004 | Sold | $380,000+26.7%$124/sqft |
Source: Public Record Report a problem | ||
| 4/14/2000 | Sold | $300,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,171 +3.7% | $433,419 +3% |
| 2024 | $7,880 +2.9% | $420,796 +3% |
| 2023 | $7,656 +5.7% | $408,540 +3% |
| 2022 | $7,241 +3.8% | $396,641 +3% |
| 2021 | $6,974 +3.3% | $385,089 +3% |
| 2020 | $6,750 +1.5% | $373,873 +3% |
| 2019 | $6,652 +14.4% | $362,984 +3% |
| 2018 | $5,813 | $352,412 +3% |
| 2017 | $5,813 +7.3% | $342,148 +3% |
| 2016 | $5,420 | $332,183 +3% |
| 2015 | $5,420 +4.8% | $322,508 +3% |
| 2014 | $5,174 +18.4% | $313,115 +10.5% |
| 2013 | $4,371 +0.2% | $283,333 +2.5% |
| 2012 | $4,362 -12.4% | $276,497 -9.4% |
| 2011 | $4,981 +3.8% | $305,126 +3% |
| 2010 | $4,797 +3.1% | $296,239 +3% |
| 2009 | $4,653 +6.6% | $287,611 +3% |
| 2008 | $4,364 +2.5% | $279,234 +3% |
| 2007 | $4,259 +12% | $271,101 +3% |
| 2006 | $3,803 +1.6% | $263,205 +3% |
| 2005 | $3,744 +3.2% | $255,539 +3% |
| 2004 | $3,629 +2% | $248,096 +3% |
| 2003 | $3,556 +3.2% | $240,870 +3% |
| 2002 | $3,445 +2% | $233,854 +3% |
| 2001 | $3,377 +3.6% | $227,043 +3% |
| 2000 | $3,260 | $220,430 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97222
Nearby schools
GreatSchools rating
- 9/10View Acres Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Alder Creek Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Putnam High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: View Acres
- 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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