7422 Luther Rd
Portland, OR 97206
3 bd 1 ba 912 sqft Built 1971 Lot 8,276 sqft single_family
Most recent sale
$290,000
Apr 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2023 | Sold | $395,000 | RMLS |
| Mar 29, 2023 | Listing removed | $385,000 | RMLS |
| Oct 5, 2022 | Price changed | $385,000 | MLS #22069425 |
| Sep 26, 2022 | Price changed | $400,000 | MLS #22069425 |
| Sep 14, 2022 | Relisted | $410,000 | MLS #22069425 |
| Sep 10, 2022 | Price changed | $410,000 | MLS #22069425 |
| Sep 8, 2022 | Listed | $410,000 | MLS #22069425 |
| Sep 7, 2022 | Listed | $410,000 | MLS #797548 |
| Apr 28, 2022 | Sold | $290,000 | MLS #22056244 |
| Apr 10, 2022 | Listed | $300,000 | MLS #22056244 |
| Jul 21, 2011 | Sold | $130,000 | MLS #11658781 |
| Apr 29, 2011 | Listed | $127,900 | MLS #11658781 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $152,814 | $2,927 |
| 2024 | — | — | $152,814 | $2,825 |
| 2023 | — | — | $144,043 | $2,746 |
| 2022 | — | — | $139,848 | $2,600 |
| 2021 | — | — | $135,775 | $2,506 |
| 2020 | — | — | $131,821 | $2,428 |
| 2019 | — | — | $127,982 | $2,394 |
| 2018 | — | — | $124,254 | $2,098 |
| 2017 | — | — | $120,635 | $2,032 |
| 2016 | — | — | $117,121 | $1,962 |
| 2015 | — | — | $113,710 | $1,906 |
| 2014 | — | — | $110,398 | $1,802 |
| 2013 | — | — | $107,183 | $1,778 |
| 2012 | — | — | $104,061 | $1,739 |
| 2011 | — | — | $101,030 | $1,728 |
| 2010 | — | — | $98,087 | $1,635 |
| 2009 | — | — | $95,230 | $1,583 |
| 2008 | — | — | $92,456 | $1,487 |
| 2007 | — | — | $89,763 | $1,457 |
Property facts
Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
912 sqft
Lot size
8,276 sqft
ZIP code
97206
City
Portland
Street
Luther Rd
Coordinates
45.46090, -122.58699
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,824
Gross rental yield
7.55%
Implied cap rate
4.91%
Trend-extrapolated value
—
Frequently asked questions
When did 7422 Luther Rd last sell?
7422 Luther Rd most recently sold on Apr 28, 2022 for $290,000.
What is the current tax assessment for 7422 Luther Rd?
The most recent total assessment for 7422 Luther Rd (year 2025) is $152,814 with $2,927 in property tax.
How does 7422 Luther Rd's assessment compare to its last sale price?
The current assessment is 47.3% below the last sale price of $290,000.
When was 7422 Luther Rd built?
7422 Luther Rd was built in 1971.
How does 7422 Luther Rd compare to others on Luther Rd?
We do not currently track other properties on Luther Rd.
What are the property facts for 7422 Luther Rd?
7422 Luther Rd is a 3 bed, 1 bath, 912 sqft, 8,276 sqft lot single_family.
Is 7422 Luther Rd a flip candidate?
Yes — 7422 Luther Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7422 Luther Rd a tax-appeal candidate?
No — 7422 Luther Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$566.1K
2026 Q4
$572.3K
ZIP 97206 — Median Price History + Forecast
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Geography