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11850 Mellridge Ln

Portland, OR 97229

6 bd 5 ba 3,593 sqft Built 2023 Lot 5,490 sqft single_family
Most recent sale
$1,285,000
Feb 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2023 Listing removed $1,285,000 RMLS
Feb 27, 2023 Sold $1,285,000 RMLS
Dec 2, 2022 Listed $1,285,000 RMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $21,670 $389

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
3,593 sqft
Lot size
5,490 sqft
ZIP code
97229
City
Portland
Street
Mellridge Ln
Coordinates
45.55499, -122.79890

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,186
Gross rental yield
6.71%
Implied cap rate
4.36%
Trend-extrapolated value

Frequently asked questions

When did 11850 Mellridge Ln last sell?
11850 Mellridge Ln most recently sold on Feb 27, 2023 for $1,285,000.
What is the current tax assessment for 11850 Mellridge Ln?
The most recent total assessment for 11850 Mellridge Ln (year 2022) is $21,670 with $389 in property tax.
How does 11850 Mellridge Ln's assessment compare to its last sale price?
The current assessment is 98.3% below the last sale price of $1,285,000.
When was 11850 Mellridge Ln built?
11850 Mellridge Ln was built in 2023.
How does 11850 Mellridge Ln compare to others on Mellridge Ln?
We track 8 other properties on Mellridge Ln. Browse the list under "Other properties on Mellridge Ln" to compare beds, baths, and sale history.
What are the property facts for 11850 Mellridge Ln?
11850 Mellridge Ln is a 6 bed, 5 bath, 3,593 sqft, 5,490 sqft lot single_family.
Is 11850 Mellridge Ln a flip candidate?
No — 11850 Mellridge Ln does not appear in our flips dataset.
Is 11850 Mellridge Ln a tax-appeal candidate?
No — 11850 Mellridge Ln 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
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$717K
2026 Q4
$686.2K
ZIP 97229 — Median Price History + Forecast

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