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261 162nd Ave

Portland, OR 97233

2 bd 1 ba 820 sqft Built 2007 condos
Most recent sale
$197,900
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $197,900 MLS #22137220
Sep 10, 2022 Price changed $189,900 MLS #22137220
Sep 9, 2022 Listed MLS #22137220
Sep 14, 2007 Sold $117,890 MLS #7063357
Jun 25, 2007 Listed $117,890 MLS #7063357

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $83,710 $1,419
2019 $81,280 $1,360
2018 $78,920 $1,346
2017 $76,630 $1,303
2016 $74,400 $1,247
2015 $72,240 $1,211
2014 $67,000 $67,000 $1,103
2013 $59,850 $999
2012 $53,440 $884
2011 $63,910 $1,043
2010 $70,140 $1,137
2009 $68,100 $1,107
2008 $66,120 $1,088
2007 $49,750 $823

Property facts

Year built
2007
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
820 sqft
Lot size
ZIP code
97233
City
Portland
Street
162nd Ave
Coordinates
45.52057, -122.49684

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,640
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value

Frequently asked questions

When did 261 162nd Ave last sell?
261 162nd Ave most recently sold on Sep 28, 2022 for $197,900.
What is the current tax assessment for 261 162nd Ave?
The most recent total assessment for 261 162nd Ave (year 2020) is $83,710 with $1,419 in property tax.
How does 261 162nd Ave's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $197,900.
When was 261 162nd Ave built?
261 162nd Ave was built in 2007.
How does 261 162nd Ave compare to others on 162nd Ave?
We track 8 other properties on 162nd Ave. Browse the list under "Other properties on 162nd Ave" to compare beds, baths, and sale history.
What are the property facts for 261 162nd Ave?
261 162nd Ave is a 2 bed, 1 bath, 820 sqft condos.
Is 261 162nd Ave a flip candidate?
No — 261 162nd Ave does not appear in our flips dataset.
Is 261 162nd Ave a tax-appeal candidate?
No — 261 162nd Ave 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
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$488.9K
2026 Q4
$493.5K
ZIP 97233 — Median Price History + Forecast

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