12615 Park Way
Portland, OR 97225
3 bd 2 ba 1,439 sqft Built 1959 Lot 8,712 sqft single_family
Most recent sale
$700,000
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 29, 2022 | Sold | $700,000 | MLS #22108533 |
| Apr 15, 2022 | Listed | $589,000 | MLS #22108533 |
| Nov 23, 2020 | Sold | $540,000 | MLS #20187273 |
| Sep 9, 2016 | Sold | $425,000 | MLS #16509025 |
| Jul 28, 2016 | Listed | $415,000 | MLS #16509025 |
| May 20, 2015 | Sold | $257,500 | MLS #15623494 |
| Mar 4, 2015 | Price changed | $274,999 | MLS #15623494 |
| Feb 5, 2015 | Listed | $289,000 | MLS #15623494 |
| Jan 28, 2015 | Sold | $195,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $262,410 | $4,958 |
| 2023 | — | — | $247,350 | $4,462 |
| 2022 | — | — | $240,150 | $4,317 |
| 2021 | — | — | $233,160 | $4,162 |
| 2020 | — | — | $226,370 | $4,036 |
| 2019 | — | — | $219,780 | $3,905 |
| 2018 | — | — | $213,380 | $3,777 |
| 2017 | — | — | $207,170 | $3,641 |
| 2016 | — | — | $201,140 | $3,511 |
| 2015 | — | — | $179,250 | $3,098 |
| 2014 | — | — | $174,030 | $3,036 |
| 2013 | — | — | $168,970 | $2,981 |
| 2012 | — | — | $164,050 | $2,650 |
| 2011 | — | — | $159,280 | $2,579 |
| 2010 | — | — | $154,650 | $2,514 |
| 2009 | — | — | $150,150 | $2,462 |
| 2008 | — | — | $145,780 | $2,271 |
| 2007 | — | — | $141,540 | $2,215 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,439 sqft
Lot size
8,712 sqft
ZIP code
97225
City
Portland
Street
Park Way
Coordinates
45.50906, -122.80674
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,878
Gross rental yield
4.93%
Implied cap rate
3.21%
Trend-extrapolated value
—
Frequently asked questions
When did 12615 Park Way last sell?
12615 Park Way most recently sold on Jun 29, 2022 for $700,000.
What is the current tax assessment for 12615 Park Way?
The most recent total assessment for 12615 Park Way (year 2025) is $262,410 with $4,958 in property tax.
How does 12615 Park Way's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $700,000.
When was 12615 Park Way built?
12615 Park Way was built in 1959.
How does 12615 Park Way compare to others on Park Way?
We track 8 other properties on Park Way. Browse the list under "Other properties on Park Way" to compare beds, baths, and sale history.
What are the property facts for 12615 Park Way?
12615 Park Way is a 3 bed, 2 bath, 1,439 sqft, 8,712 sqft lot single_family.
Is 12615 Park Way a flip candidate?
Yes — 12615 Park Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12615 Park Way a tax-appeal candidate?
No — 12615 Park Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$844.9K
2026 Q4
$848.2K
ZIP 97225 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Way