16200 SW Palermo Ln, Portland, OR, 97223
About This Home
Turnkey where it counts, with a layout that adapts to how you live—this Bull Mountain home has been thoughtfully refreshed inside and out.With a newer roof (2021), new furnace and water heater (2024), and a full 2026 interior refresh including new paint throughout, luxury vinyl plank flooring on the main level, new carpet upstairs, and updated lighting, the heavy lifting is already done—so you can move in and enjoy from day one.The kitchen has been thoughtfully updated with quartz countertops, freshly painted cabinetry with modern hardware, stainless steel appliances, and a new refrigerator, creating a bright, clean, and cohesive space. It flows into a breakfast nook and family room, while separate living and dining areas provide flexibility for entertaining, working from home, or everyday living.A main-level bedroom and full bath with walk-in shower offer ideal flexibility for guests, multi-generational living, or a private office.Upstairs, the spacious primary suite features a walk-in closet, double vanity, and soaking tub. With five bedrooms total, there’s room to live, grow, and adapt.Outside, enjoy a flat, private backyard with patio and garden beds—ready for summer evenings, homegrown veggies, or your own custom touch over time.Located in the Bull Mountain area just minutes to Progress Ridge, parks, trails, shopping, and dining, this home offers the updates, layout, and livability today’s buyers are looking for.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1998
Materials
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Stainless Steel Appliance(s)
Bedroom2
- Level: Main
Bedroom3
- Level: Upper
Bedroom4
- Level: Upper
Bedroom5
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Quartz
- Window features: Double Pane Windows,Vinyl Frames
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,183
- Total interior livable area: 2,183 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Upper
Property
Accessibility
- Accessibility features: Garage On Main,Main Floor Bedroom Bath,Parking,Walkin Shower,Accessibility
Details
- Parcel number: R2074888
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Garden,Raised Beds,Yard
- Fencing: Fenced
Lot
- Lot size: 4,791 sqft
- Features: Level,SqFt 3000 to 4999
Parking
- Total spaces: 2
- Parking features: Off Street,On Street,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: 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
How This Home’s Risks Compare
FEMA Declared Disasters in Washington 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 | $3,159 | $37,908 |
| Home Insurance * | $122 | $1,464 |
| Property Taxes | $921 | $11,052 |
| Electricity | $198 | $2,377 |
| Total | $4,400 | $52,800 |
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 |
|---|---|---|
| 2026-05-11 | Pending sale | $624,900 |
| 2026-05-08 | Listed for sale | $624,900 |
| 2022-08-22 | Listing removed | -- |
| 2022-07-29 | Listed for rent | $3,095 |
| 2015-07-22 | Listing removed | $2,000 |
| 2015-07-11 | Listed for rent | $2,000 |
| 2011-11-02 | Listing removed | $1,600 |
| 2011-09-29 | Listed for rent | $1,600 |
| 1998-08-13 | Sold | $192,990 |
View on Zillow