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11122 SE Melania Ct, Portland, OR, 97266

5beds
3baths
2,301sqft
$565,000
$246price/sqft
$4,350/moest. monthly cost
$174,000/yrincome needed

About This Home

** Office/Bedroom + Full Bathroom on Main Level!!!** BOM to no fault of the home. This is the home that you've been waiting for!! Tucked away on a spacious and secluded flag lot, this stunning 5 bed, 3 bath home offers 2,301 sq ft of fully updated living. Step inside to wide plank hardwood floors throughout the home leading to a modern kitchen with quartz countertops and stainless steel appliances. Clean lines, natural light, and thoughtful updates create a space that feels both fresh and timeless. You’ll be WOW’ed by the grand master retreat that lives like its own private quarters, featuring a spacious sitting area, a beautiful spa-like bathroom. Whether you're hosting friends or enjoying a quiet evening at home, this is the kind of place that just feels right. Come see it for yourself—you might not want to leave.

Getting Around

46
WalkingCar-Dependent
42
TransitSome Transit
69
BikeBikeable

Schools

3/10
3/10
2/10
David Douglas High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2007

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Stainless Steel Appliance(s),Gas Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Ceiling Fan(s),Quartz,Soaking Tub,Pantry,Tile
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Air Conditioning Ready

Interior Area

  • Total structure area: 2,301
  • Total interior livable area: 2,301 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: Garage On Main,Accessibility

Details

  • Parcel number: R574933

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Yard
  • Fencing: Fenced

Lot

  • Lot size: 5,227 sqft
  • Features: Flag Lot,Level,SqFt 5000 to 6999

Parking

  • Total spaces: 2
  • Parking features: Driveway,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

  • Earthquake
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave
Inland Flooding

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 $2,856$34,272
Home Insurance *$142$1,704
Property Taxes $1,144$13,728
Electricity $208$2,505
Total$4,350$52,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$149,142/yr
40% on housing$130,500/yr
45% on housing$116,000/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

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 97266$251
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97266$282
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
2026-08-14Price change$545,000
2026-08-08Price change$555,000
2026-07-11Price change$565,000
2026-01-26Pending sale$599,000
2026-01-03Price change$599,000
2025-12-04Listed for sale$599,950
2025-02-05Listing removed$705,000
2024-12-30Price change$705,000
2024-12-07Listed for sale$715,000
2024-03-27Sold$605,000
2024-02-07Pending sale$584,999
2024-02-05Listed for sale$584,999
2024-01-05Sold$345,000
2023-12-13Pending sale$367,500
2023-12-09Listed for sale$367,500
2023-04-14Sold$376,230
2007-06-26Sold$335,000
2006-03-15Sold$105,000

For Sale by Agent

AgentMichele Bundy
BrokeragePremiere Property Group, LLC

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