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131 Russet St

Portland, OR 97217

3 bd 1 ba 2,496 sqft Built 1924 Lot 4,791 sqft single_family
Most recent sale
$450,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 8, 2025 Price changed for rent $2,725 AppfolioUnits
Sep 30, 2025 Listed for rent $2,825 AppfolioUnits
Mar 28, 2024 Listing removed $499,900 RMLS
Mar 14, 2023 Listing removed $559,990 RMLS
Jan 26, 2023 Price changed $559,990 RMLS
Oct 27, 2022 Price changed $549,990 RMLS
Sep 28, 2022 Price changed $565,000 MLS #22128194
Sep 10, 2022 Price changed $584,900 MLS #22128194
Sep 6, 2022 Listed $584,900 MLS #22128194
Apr 29, 2022 Sold $450,000 MLS #22628944
Mar 30, 2022 Listed $469,900 MLS #22628944
Jul 10, 2006 Sold $228,000 MLS #6047482
Jun 9, 2006 Listed $228,000 MLS #6047482
Apr 26, 1999 Sold $115,000 Public Record
Apr 1, 1990 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $192,360 $5,183
2024 $192,360 $4,996
2023 $181,330 $4,805
2022 $176,050 $4,700
2021 $170,930 $4,621
2020 $165,960 $4,239
2019 $161,130 $4,083
2018 $156,440 $3,963
2017 $151,890 $3,799
2016 $147,470 $3,476
2015 $143,180 $3,385
2014 $139,010 $3,334
2013 $134,970 $3,257
2012 $131,040 $2,946
2011 $127,230 $2,835
2010 $123,530 $2,690
2009 $119,940 $2,620
2008 $116,450 $2,472
2007 $113,060 $2,465

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,496 sqft
Lot size
4,791 sqft
ZIP code
97217
City
Portland
Street
Russet St
Coordinates
45.57808, -122.66802

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,992
Gross rental yield
13.31%
Implied cap rate
8.65%
Trend-extrapolated value

Frequently asked questions

When did 131 Russet St last sell?
131 Russet St most recently sold on Apr 29, 2022 for $450,000.
What is the current tax assessment for 131 Russet St?
The most recent total assessment for 131 Russet St (year 2025) is $192,360 with $5,183 in property tax.
How does 131 Russet St's assessment compare to its last sale price?
The current assessment is 57.3% below the last sale price of $450,000.
When was 131 Russet St built?
131 Russet St was built in 1924.
How does 131 Russet St compare to others on Russet St?
We track 8 other properties on Russet St. Browse the list under "Other properties on Russet St" to compare beds, baths, and sale history.
What are the property facts for 131 Russet St?
131 Russet St is a 3 bed, 1 bath, 2,496 sqft, 4,791 sqft lot single_family.
Is 131 Russet St a flip candidate?
No — 131 Russet St does not appear in our flips dataset.
Is 131 Russet St a tax-appeal candidate?
No — 131 Russet St 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
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$734.8K
2026 Q4
$750.5K
ZIP 97217 — Median Price History + Forecast

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