For SaleRisky Deal128 days on market
15114 NW Cornelius Pass Rd
15114 NW Cornelius Pass Rd, Portland, OR 97231, Portland, OR 97231
$495,000
Listing Price
15114 NW Cornelius Pass Rd, Portland, OR 97231
Loc: Portland, OR
Days Listed
128
Tax Assessed
$631k
Lot Size
2.11 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Skyline Elementary School
K-8
1.8 mi away
8
Lincoln High School
9-12
11.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsmanyellow sidingwood exteriorgabled roofcountry homerural settinglarge gravel drivewaywooded landscapedetached animal enclosurecozycharmingtwo-storysecluded
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.81%
Total ROI
85.1%
Cash Flow
$-174/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-174/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Portland
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-30 | Price change | $495,000 | $300 |
| 2026-07-20 | Price change | $515,000 | $313 |
| 2026-07-08 | Price change | $540,000 | $328 |
| 2026-06-21 | Price change | $555,000 | $337 |
| 2026-05-20 | Listed for sale | $565,000 | $343 |
| 2022-09-08 | Sold | $460,000 | $279 |
| 2022-08-10 | Pending sale | $460,000 | $279 |
| 2022-08-04 | Listed for sale | $460,000 | $279 |
| 2001-06-08 | Sold | $200,000 | $121 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,887.33 | $302,070 |
| 2024 | $5,607.58 | $293,280 |
| 2023 | $5,464.3 | $284,740 |
| 2022 | $5,296.14 | $276,450 |
| 2021 | $5,151.17 | $268,400 |
| 2020 | $4,868.44 | $260,590 |
| 2019 | $4,642.18 | $253,000 |
| 2018 | $4,642.18 | $245,640 |
| 2017 | $4,597.28 | $238,490 |
| 2016 | $3,727.37 | $231,550 |
| 2015 | $3,727.37 | $224,810 |
| 2014 | $3,515.21 | $218,270 |
| 2013 | $3,042.59 | $211,920 |
| 2012 | $2,683.3 | $205,750 |
| 2011 | $2,691.08 | $199,760 |
| 2010 | $2,673.05 | $193,950 |
| 2009 | $2,632.92 | $188,310 |
| 2008 | $2,704.89 | $182,830 |
| 2007 | $2,528.16 | $177,510 |
| 2006 | $2,310.91 | $172,340 |
| 2005 | $2,162.74 | $167,330 |
| 2004 | $2,394.98 | $162,460 |
| 2003 | $2,236.14 | $157,730 |
| 2002 | $2,312.97 | $153,140 |
| 2000 | $2,094.62 | $144,350 |
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