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8720 Schmidt Loop

Tigard, OR 97224

4 bd 3 ba 2,417 sqft Built 2017 Lot 4,356 sqft single_family
Most recent sale
$751,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $751,000 MLS #22095144
Apr 22, 2022 Listed $675,000 MLS #22095144
Jun 19, 2019 Listed for rent $2,950 AppfolioUnits
Aug 28, 2017 Sold $477,700 MLS #17482151
Aug 17, 2017 Sold $417,145 MLS #17241474
Jun 12, 2017 Price changed $464,995 MLS #17482151
Jun 10, 2017 Listed $416,995 MLS #17241474
May 1, 2017 Listed $461,995 MLS #17482151

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $363,830 $6,801
2023 $342,960 $6,036
2022 $332,980 $5,863
2021 $323,290 $5,716
2020 $313,880 $5,544
2019 $304,740 $5,304
2018 $295,870 $5,089
2017 $102,410 $1,748

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,417 sqft
Lot size
4,356 sqft
ZIP code
97224
City
Tigard
Street
Schmidt Loop
Coordinates
45.40834, -122.76668

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,834
Gross rental yield
7.72%
Implied cap rate
5.02%
Trend-extrapolated value

Frequently asked questions

When did 8720 Schmidt Loop last sell?
8720 Schmidt Loop most recently sold on May 20, 2022 for $751,000.
What is the current tax assessment for 8720 Schmidt Loop?
The most recent total assessment for 8720 Schmidt Loop (year 2025) is $363,830 with $6,801 in property tax.
How does 8720 Schmidt Loop's assessment compare to its last sale price?
The current assessment is 51.6% below the last sale price of $751,000.
When was 8720 Schmidt Loop built?
8720 Schmidt Loop was built in 2017.
How does 8720 Schmidt Loop compare to others on Schmidt Loop?
We track 8 other properties on Schmidt Loop. Browse the list under "Other properties on Schmidt Loop" to compare beds, baths, and sale history.
What are the property facts for 8720 Schmidt Loop?
8720 Schmidt Loop is a 4 bed, 3 bath, 2,417 sqft, 4,356 sqft lot single_family.
Is 8720 Schmidt Loop a flip candidate?
No — 8720 Schmidt Loop does not appear in our flips dataset.
Is 8720 Schmidt Loop a tax-appeal candidate?
No — 8720 Schmidt Loop 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
-7.9%
Implied 1-yr
-31.4%
2026 Q3
$449.6K
2026 Q4
$449.6K
ZIP 97224 — Median Price History + Forecast

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