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Off market
    • $216,500

    685 NE 162nd Ave #306, Portland, OR 97230

    2beds
    2baths
    864sqft
    Condo
    Built in 2006
    -- sqft lot
    $216,500 Zestimate®
    $251/sqft
    $1,651 Estimated rent

    Home value

    $216,500

    $204,000 - $229,000

    $1,651/mo

    Zestimate® history
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    $1,592/mo

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    What's special

    Great top floor condo investment property! Earn a 7% (!) cap rate without lifting a finger. Recently updated with all new appliances included! Located at the rear of the complex, quiet and private! HOA fees cover building insurance, garbage, and exterior maintenance. Leased through August 2018 for $1250/month.Buyer to verify schools and sqft. Buyer to participate in Seller's 1031 exchange at no cost to Buyer.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Laundry, Wall to Wall Carpet
    • Flooring: Tile
    Interior area
    • Total interior livable area: 864 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Cement / Concrete
    Details
    • Parcel number: R584224

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 2006

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $169 monthly
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $251/sqft
    • Tax assessed value: $237,270
    • Annual tax amount: $2,120

    Price history

    DateEventPrice
    2/15/2022Sold$237,500$275/sqft
    Source: RMLS (OR) #22005875 Report a problem
    1/14/2022Pending sale$237,500+46.2%$275/sqft
    Source: RMLS (OR) #22005875 Report a problem
    1/30/2018Listing removed$162,500$188/sqft
    Source: High Five Properties #17456106 Report a problem
    1/26/2018Listed for sale$162,500+33.7%$188/sqft
    Source: High Five Properties #17456106 Report a problem
    11/14/2014Listing removed$1,100$1/sqft
    Source: Owner Report a problem
    9/19/2014Sold$121,500-2.7%$141/sqft
    Source: RMLS (OR) #14094150 Report a problem
    9/19/2014Price change$1,100-12%$1/sqft
    Source: Owner Report a problem
    9/10/2014Listed for rent$1,250$1/sqft
    Source: Owner Report a problem
    8/15/2014Price change$124,900-3.8%$145/sqft
    Source: Iron Gate Realty Group #14094150 Report a problem
    7/25/2014Price change$129,900-3.7%$150/sqft
    Source: Iron Gate Realty Group #14094150 Report a problem
    7/2/2014Price change$134,900-3.6%$156/sqft
    Source: Iron Gate Realty Group #14094150 Report a problem
    6/21/2014Listed for sale$139,900-6.7%$162/sqft
    Source: Iron Gate Realty Group #14094150 Report a problem
    8/4/2006Sold$149,890$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,120 +5.7%$110,470 +3%
    2024$2,006 +10.5%$107,260 +3%
    2023$1,815 +2.5%$104,140 +3%
    2022$1,770 +2.5%$101,110 +3%
    2021$1,727 +6.9%$98,170 +3%
    2020$1,616 +4.3%$95,320 +3%
    2019$1,549 $92,550 +3%
    2018$1,549 +1%$89,860 +3%
    2017$1,533 +8%$87,250 +3%
    2016$1,419 $84,710 +3%
    2015$1,419 +3%$82,250 +4.5%
    2014$1,378 +18.7%$78,720 +13.2%
    2013$1,161 +13%$69,550 +11.9%
    2012$1,028 -15.3%$62,130 -16.4%
    2011$1,214 -6.2%$74,340 -6.9%
    2010$1,294 +2.7%$79,860 +3%
    2009$1,261 +1.7%$77,540 +3%
    2008$1,239 +2.4%$75,290 +3%
    2007$1,210 +29.8%$73,100 +29.1%
    2006$932 $56,610
    Find assessor info on the county website

    Neighborhood: 97230

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Glenfair
    • Middle: H.B. Lee
    • High: Reynolds

    Source: The MLS. 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
    $216,500
    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
    $216,500

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