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Sold
  • $200,000

    8506 NE Prescott St, Portland, OR 97220

    2beds
    1,484sqft
    Residential, Single Family Residence
    Built in 1926
    5,227 Square Feet Lot
    $200,000 Zestimate®
    $135/sqft
    $2,192 Estimated rent

    Home value

    $200,000

    $190,000 - $210,000

    $2,192/mo

    Zestimate® history
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    What's special

    Detached double car garage
    Builders, developers, and investors - rare fixer opportunity on a 50' x 100' corner lot zoned RM1h in the Parkrose School District. Development potential includes multi-dwelling housing (1–3 stories, up to 35 feet), with no maximum density or parking requirements. Other potential uses include a duplex, triplex, fourplex, rowhouses, or courtyard housing. Buyers to complete their due diligence with the city for their intended use. Offered for the first time in nearly 30 years, this property has seat vacant for approximately three years. This property will not finance; the property is being sold strictly as-is. The furnace is non-operable, above-ground oil tank is located in the yard and detached double car garage. CAUTION: Exterior steps leading to the front door. Conveniently located with easy freeway access and close proximity to PDX Airport, Cascade Station, Costco, bus line, Sumner transit station, fire and rescue station, and 82nd Avenue corridor amenities. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249265]

    Zillow last checked:

    Listing updated:

    Listed by:

    Rose Anderson 503-320-3298,

    Wise Move Real Estate

    Bought with:

    Tim Shannon, 890800048

    Tim Shannon Realty, Inc.

    Source: RMLS (OR),MLS#: 483048124MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Heating
    • None
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,484
    • Total interior livable area: 1,484 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Off Street, Detached
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 5000
    • Features: Corner Lot, Level, SqFt 5000 to 6999
    Details
    • Parcel number: R261885
    • Zoning: RM1h

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Sumner/Roseway
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $408,980
    • Annual tax amount: $3,623
    • Date on market: 6/18/2026
    • Cumulative days on market: 64 days
    • Listing terms: Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/4/2026Sold$200,000-13%$135/sqft
    Source: RMLS (OR) #483048124 Report a problem
    8/22/2026Pending sale$229,900$155/sqft
    Source: RMLS (OR) #483048124 Report a problem
    8/18/2026Price change$229,900-8%$155/sqft
    Source: RMLS (OR) #483048124 Report a problem
    8/11/2026Pending sale$249,900$168/sqft
    Source: RMLS (OR) #483048124 Report a problem
    7/16/2026Price change$249,900-7.4%$168/sqft
    Source: RMLS (OR) #483048124 Report a problem
    6/18/2026Listed for sale$269,900+641.5%$182/sqft
    Source: RMLS (OR) #483048124 Report a problem
    6/26/1997Sold$36,400$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,623 +4.2%$158,340 +3%
    2024$3,476 +4.3%$153,730 +3%
    2023$3,334 +2%$149,260 +3%
    2022$3,268 +1.7%$144,920 +3%
    2021$3,213 +7.7%$140,700 +3%
    2020$2,983 +5.7%$136,610 +3%
    2019$2,823 $132,640 +3%
    2018$2,823 +3.5%$128,780 +3%
    2017$2,727 +7.5%$125,030 +3%
    2016$2,536 $121,390 +3%
    2015$2,536 +2%$117,860 +3%
    2014$2,487 +3.7%$114,430 +3%
    2013$2,399 +5.3%$111,100 +3%
    2012$2,278 +4.5%$107,870 +3%
    2011$2,179 +1.5%$104,730 +3%
    2010$2,147 +2%$101,680 +3%
    2009$2,104 +6.7%$98,720 +3%
    2008$1,973 +0.1%$95,850 +3%
    2007$1,972 +3.2%$93,060 +3%
    2006$1,912 +1.9%$90,350 +3%
    2005$1,877 +18.3%$87,720 +20.3%
    2004$1,587 +0.9%$72,910 +3%
    2003$1,572 +11.1%$70,790 +3%
    2002$1,415 +7.2%$68,730 +6.1%
    2000$1,320 +3.7%$64,790 +3%
    1999$1,273 $62,910
    Find assessor info on the county website

    Neighborhood: Sumner

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Russell
    • Middle: Parkrose
    • High: Parkrose

    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
    $200,000
    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
    $200,000