7407 Commercial Ave
Portland, OR 97217
4 bd 3 ba 2,878 sqft Built 1939 Lot 4,791 sqft single_family
Most recent sale
$599,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $599,000 | MLS #22626895 |
| Jul 16, 2022 | Price changed | $599,000 | MLS #22626895 |
| Jul 15, 2022 | Price changed | $619,000 | MLS #22626895 |
| Jun 23, 2022 | Price changed | $630,000 | MLS #22626895 |
| Jun 15, 2022 | Price changed | $649,000 | MLS #22626895 |
| Jun 9, 2022 | Listed | $669,000 | MLS #22626895 |
| Apr 14, 2017 | Sold | $569,000 | MLS #17270803 |
| Mar 3, 2017 | Relisted | $569,000 | MLS #17270803 |
| Feb 26, 2017 | Listing removed | $569,000 | RMLS |
| Feb 24, 2017 | Listed | $569,000 | MLS #17270803 |
| May 31, 2012 | Sold | $345,000 | MLS #11554438 |
| Mar 14, 2012 | Relisted | $345,000 | MLS #11554438 |
| Feb 2, 2012 | Listing removed | $345,000 | RMLS |
| Nov 28, 2011 | Listed | $345,000 | MLS #11554438 |
| Dec 2, 2004 | Listing removed | $295,000 | RMLS |
| Aug 16, 2004 | Listed | $295,000 | MLS #4054938 |
| Jun 27, 2001 | Sold | $185,000 | Public Record |
| Apr 28, 1999 | Sold | $174,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $230,430 | $5,887 |
| 2019 | — | — | $223,720 | $5,670 |
| 2018 | — | — | $217,210 | $5,504 |
| 2017 | — | — | $210,890 | $5,275 |
| 2016 | — | — | $204,750 | $4,827 |
| 2015 | — | — | $198,790 | $4,701 |
| 2014 | — | — | $193,000 | $4,630 |
| 2013 | — | — | $187,380 | $4,522 |
| 2012 | — | — | $167,180 | $3,759 |
| 2011 | — | — | $162,320 | $3,618 |
| 2010 | — | — | $157,600 | $3,433 |
| 2009 | — | — | $153,010 | $3,343 |
| 2008 | — | — | $148,560 | $3,155 |
| 2007 | — | — | $144,240 | $3,145 |
Property facts
Year built
1939
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,878 sqft
Lot size
4,791 sqft
ZIP code
97217
City
Portland
Street
Commercial Ave
Coordinates
45.57670, -122.67093
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,756
Gross rental yield
11.53%
Implied cap rate
7.50%
Trend-extrapolated value
—
Frequently asked questions
When did 7407 Commercial Ave last sell?
7407 Commercial Ave most recently sold on Aug 11, 2022 for $599,000.
What is the current tax assessment for 7407 Commercial Ave?
The most recent total assessment for 7407 Commercial Ave (year 2020) is $230,430 with $5,887 in property tax.
How does 7407 Commercial Ave's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $599,000.
When was 7407 Commercial Ave built?
7407 Commercial Ave was built in 1939.
How does 7407 Commercial Ave compare to others on Commercial Ave?
We track 8 other properties on Commercial Ave. Browse the list under "Other properties on Commercial Ave" to compare beds, baths, and sale history.
What are the property facts for 7407 Commercial Ave?
7407 Commercial Ave is a 4 bed, 3 bath, 2,878 sqft, 4,791 sqft lot single_family.
Is 7407 Commercial Ave a flip candidate?
No — 7407 Commercial Ave does not appear in our flips dataset.
Is 7407 Commercial Ave a tax-appeal candidate?
No — 7407 Commercial Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$734.8K
2026 Q4
$750.5K
ZIP 97217 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commercial Ave