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3515 Lake Rd

Milwaukie, OR 97222

3 bd 2 ba 3,175 sqft Built 1935 Lot 14,375 sqft single_family
Most recent sale
$615,000
Nov 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 18, 2022 Sold $615,000 RMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $331,769 $7,270
2022 $322,106 $6,907
2021 $312,725 $6,665
2020 $303,617 $6,458
2019 $294,774 $6,361
2018 $286,188 $5,657
2017 $277,852 $5,495
2016 $269,759 $5,311
2015 $261,902 $5,057
2014 $254,274 $4,796
2013 $246,868 $4,678
2012 $239,678 $4,564
2011 $232,697 $4,523
2010 $225,919 $4,285
2009 $219,339 $4,242
2008 $212,950 $4,015
2007 $206,748 $3,901

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,175 sqft
Lot size
14,375 sqft
ZIP code
97222
City
Milwaukie
Street
Lake Rd
Coordinates
45.43564, -122.62746

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,350
Gross rental yield
12.39%
Implied cap rate
8.05%
Trend-extrapolated value

Frequently asked questions

When did 3515 Lake Rd last sell?
3515 Lake Rd most recently sold on Nov 18, 2022 for $615,000.
What is the current tax assessment for 3515 Lake Rd?
The most recent total assessment for 3515 Lake Rd (year 2023) is $331,769 with $7,270 in property tax.
How does 3515 Lake Rd's assessment compare to its last sale price?
The current assessment is 46.1% below the last sale price of $615,000.
When was 3515 Lake Rd built?
3515 Lake Rd was built in 1935.
How does 3515 Lake Rd compare to others on Lake Rd?
We track 8 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 3515 Lake Rd?
3515 Lake Rd is a 3 bed, 2 bath, 3,175 sqft, 14,375 sqft lot single_family.
Is 3515 Lake Rd a flip candidate?
No — 3515 Lake Rd does not appear in our flips dataset.
Is 3515 Lake Rd a tax-appeal candidate?
No — 3515 Lake Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$515.2K
2026 Q4
$517.8K
ZIP 97222 — Median Price History + Forecast

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