7515 SE Luther Rd, Portland, OR, 97206
About This Home
Urban farm homestead located in unincorporated Clackamas county offers very low property taxes. Huge double lot .26 acres with several opportunities available. Room for a shop or tiny home. Very light and bright inside and out! South Facing. Updated kitchen and bath in this one level home feature quartz counters and hardwood floors. Spacious Utility room and laundry room for ease of use, and extra storage throughout home. Big patio for summer BBQ's and outdoor entertaining. Add a firepit or hot tub. You can enjoy the yard for garden with raised beds and an orchard already in place. Rain water catchment with soaker hoses to lower your watering bill. Chicken coop plus shed and shop space in detached garage. Room for a dog run! Build a yurt or add infill housing, the choice is yours, check zoning for your potential usage. The long and deep driveway can park several vehicles or a boat & Trailer. Plus it offers a covered breezeway for convenience with a side door entrance for those rainy days. The long deep driveway has room for parking all your toys! Charming front deck overlooks private front yard and orchard featuring 3 kinds of plums, Asian pears, Green fig, a grafted apple with 4 varieties, champagne grapes, herbs and berries, and established flowers and shrubs. Several raised beds ready for your next plantings. Easy care yard! Mature shade trees include Walnut, purple plums, Cheery orange day lilies, roses, & Hardy flowering shrubs and other landscaping including spring bulbs dot the landscape. Located just 5 minutes to food trucks, Fred Meyers, and Trader Joes, and I 205/ I 84. Amazing dining nearby and eclectic markets as well. Big box stores just a few miles away add to the convenience. No HOA! Extra on street parking available. Near transit on SE 82nd. Roof, water heater, and furnace replaced in 2014. Lower utility bills with the cesspool, it passed recent inspection, see attached report. Ask agent about in grants!
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1948
Materials
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Range Hood,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Features: Hardwood Floors
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Quartz
- Window features: Aluminum Frames,Double Pane Windows,Vinyl Frames
- Flooring: Hardwood,Laminate
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Forced Air 90
- Cooling features: None
Interior Area
- Total structure area: 981
- Total interior livable area: 981 sqft
Kitchen
- Features: Free Standing Range, Free Standing Refrigerator, Laminate Flooring, Quartz
- Level: Main
Living Room
- Features: Deck, Hardwood Floors
- Level: Main
Master Bedroom
- Features: Hardwood Floors
- Level: Main
Property
Accessibility
- Accessibility features: Accessible Full Bath,Garage On Main,Ground Level,Minimal Steps,One Level,Parking,Pathway,Utility Room On Main,Accessibility
Details
- Parcel number: 00052926
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Porch
- Exterior features: Dog Run,Garden,On Site Storm water Management,Rain Barrel/Cistern(s),Raised Beds,Yard
- Fencing: Cross Fenced,Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 0.26 Acres
- Features: Level,Orchard(s),Trees,SqFt 10000 to 14999
Parking
- Total spaces: 2
- Parking features: Driveway,RV Access/Parking,RV Boat Storage,Carport,Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Clackamas County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,068 | $24,816 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $657 | $7,884 |
| Electricity | $176 | $2,119 |
| Total | $2,993 | $35,916 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for sale | $409,000 |
| 2026-03-12 | Pending sale | $409,000 |
| 2025-07-18 | Listed for sale | $409,000 |
| 2014-05-28 | Sold | $131,825 |
| 2014-03-27 | Listed for sale | $125,000 |
| 2013-06-06 | Listing removed | $129,900 |
| 2012-06-16 | Listed for sale | $129,900 |
| 2002-04-19 | Sold | $122,500 |
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