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15114 NW Cornelius Pass Rd, Portland, OR, 97231

3beds
1baths
1,648sqft
$495,000
$300price/sqft
$3,605/moest. monthly cost
$144,200/yrincome needed

About This Home

Located down a private gravel road off Cornelius Pass rd, this charming 1930’s farmhouse is a rural retreat. Nestled in the trees with a gently sloped 2.11 acre creekside property, and newly built 20x25 shop, this home offers peace and privacy! With plenty of modern updates like new mini split heating and cooling, a newer roof, new electrical panel, remodeled bathroom, new living room flooring, new exterior door, new water heater, electrical outlets added including a generator hook up & generator included with the home, and much more! All while still maintaining the old farmhouse charm with beautiful wood detail throughout, terracotta tile flooring in the kitchen, and gorgeous original built-ins. On the basement level you’ll find a newly finished room that can be used as an additional bedroom, an office, bonus space, or gym! Outside the property offers plenty of trees for shade and privacy, a large open grassy area, and plenty of space for new projects, bring your vision!

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

10/10
8/10
Lincoln High SchoolGrades 9-1211.5 mi

Construction

Condition

  • Property condition: Resale,Updated/Remodeled
  • Year built: 1930

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cedar

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedroom2

  • Features: High Ceilings, Wood Floors
  • Level: Upper
  • Area: 91

Bedroom3

  • Features: High Ceilings, Wood Floors
  • Level: Main
  • Area: 77

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Builtin Features, Formal,High Ceilings, Wood Floors
  • Level: Main
  • Area: 117

Family Room

  • Features: High Ceilings, Laminate Flooring
  • Level: Lower
  • Area: 120

Features

  • High Ceilings,Built-in Features,Formal,Nook,Pantry,Updated Remodeled
  • Window features: Triple Pane Windows,Vinyl Frames
  • Flooring: Laminate,Tile,Vinyl,Wood
  • Fireplace features: Wood Burning Stove

Heating

  • Heating features: Mini Split

Interior Area

  • Total structure area: 1,648
  • Total interior livable area: 1,648 sqft

Kitchen

  • Features: Nook, Pantry, Updated Remodeled,Tile Floor
  • Level: Main
  • Area: 112

Living Room

  • Features: Formal,High Ceilings, Wood Floors, Wood Stove
  • Level: Main
  • Area: 100

Master Bedroom

  • Features: High Ceilings, Wood Floors
  • Level: Upper
  • Area: 130

Property

Details

  • Parcel number: R164683
  • Zoning: RR

Features

  • Stories: 3
  • Patio & porch: Patio,Porch
  • Exterior features: Dog Run,Garden,Raised Beds,Yard
  • Has view: Yes
  • View description: Creek/Stream,Territorial,Trees/Woods
  • Has water view: Yes
  • Water view: Creek/Stream
  • On waterfront: Yes
  • Waterfront features: Creek
  • Waterbody name: Mccarthy Creek

Lot

  • Lot size: 2.11 Acres
  • Features: Gentle Sloping,Level,Trees,Acres 1 to 3

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street,RV Access/Parking,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Landslide

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$114$1,368
Property Taxes $813$9,756
Electricity $176$2,119
Total$3,605$43,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,600/yr
40% on housing$108,150/yr
45% on housing$96,133/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 97231$282
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97231$264
Multnomah County$288

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)

Price History

DateEventPrice
2026-07-30Price change$495,000
2026-07-20Price change$515,000
2026-07-08Price change$540,000
2026-06-21Price change$555,000
2026-05-20Listed for sale$565,000
2022-09-08Sold$460,000
2022-08-10Pending sale$460,000
2022-08-04Listed for sale$460,000
2001-06-08Sold$200,000

For Sale by Agent

AgentKeri Johnson
BrokeragePremiere Property Group, LLC

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