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Single Family ResidenceResidential
$1,443,252$388 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 63How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $690,000 on Jun 26, 1998

2862 SW RUTLAND TER

PORTLAND, OR 97205
5
Beds
3
Baths
3,719 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1914
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$1.4M
$906K low$2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$690,000 · Jun 26, 1998
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$738,252
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$590,602
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.47%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$405,000
US BANK NA · recorded Feb 26, 2015
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$300,000
US BANK NA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$26,169 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,052,090 (2024)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,052,090
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,466,750

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMultnomah
Lot (acres)The size of the land the home sits on, from county records.0.21
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 200 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Lincoln High SchoolA-
High · Grades 9–12 · 1.0 mi
E
Ainsworth Elementary SchoolA
Elementary · Grades KG–5 · 1.0 mi
M
West Sylvan Middle SchoolB
Middle · Grades 6–8 · 2.8 mi

District: Portland School District 1j

Neighborhood · ZIP 97205These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.173
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.184

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.7,692
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,568 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,771
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,906
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2862 Sw Rutland Ter measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Multnomah County
  • Costs more per square foot than 69% of homes in Multnomah County
  • Bigger than 96% of homes in Multnomah County
  • Has a bigger lot than 76% of homes in Multnomah County
  • Among the oldest homes in Arlington Heights

What homes are worth in Portland 97205

Each bar is how many homes fall in that price range. The marker is this home.

This home
$147K$1.9M

This home is worth more than 91% of homes in Portland 97205.

How it measures up in Portland 97205

The dot is this home. The mark in the middle is the typical home in Portland 97205.

Estimated value$1,443,252
CheaperTypical $699,732Pricier

Pricier than 91% of homes nearby

Price per ft²$388
CheaperTypical $392Pricier

Pricier than 48% of homes nearby

Living area3,719 ft²
SmallerTypical 1,378 ft²Bigger

Bigger than 87% of homes nearby

Lot size0.21 ac
SmallerTypical 0.18 acBigger

Bigger than 55% of homes nearby

Year built1914
OlderTypical 1982Newer

Newer than 8% of homes nearby

How 2862 Sw Rutland Ter ranks against every home in each area.
MeasureThis homeArlington HeightsPortland 97205Multnomah County
Estimated valuepricier than$1,443,25286% of homes91% of homesalmost all homes
Price per ft²pricier than$38844% of homes48% of homes69% of homes
Living areabigger than3,719 ft²82% of homes87% of homes96% of homes
Lot sizebigger than0.21 ac72% of homes55% of homes76% of homes
Year builtnewer than1914almost no homes8% of homes12% of homes

About 2862 Sw Rutland Ter

How much is 2862 Sw Rutland Ter, Portland, OR worth?

The TopHap Estimate for 2862 Sw Rutland Ter, Portland, OR is $1,443,252 as of Jul 14, 2026. The likely range is $906,201 to $1,980,303. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2862 Sw Rutland Ter, Portland, OR last sell?

2862 Sw Rutland Ter, Portland, OR last sold on Jun 26, 1998 for $690,000, according to the county's recorded deed.

How big is 2862 Sw Rutland Ter, Portland, OR?

2862 Sw Rutland Ter, Portland, OR has 5 bedrooms, 3 bathrooms, 3,719 square feet of living space and a 0.21-acre lot.

When was 2862 Sw Rutland Ter, Portland, OR built?

2862 Sw Rutland Ter, Portland, OR was built in 1914, making it 112 years old. The building has 2 stories.

What schools serve 2862 Sw Rutland Ter, Portland, OR?

2862 Sw Rutland Ter, Portland, OR is assigned to Lincoln High School (high), rated A-; Ainsworth Elementary School (elementary), rated A; West Sylvan Middle School (middle), rated B. All sit in Portland School District 1j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2862 Sw Rutland Ter, Portland, OR compare to other homes in Portland 97205?

Among the 1,602 homes in Portland 97205, it is worth more than 91% of them ($1,443,252 against a typical $699,732), its price per square foot is higher than 48% of them ($388 against a typical $392), it is bigger than 87% of them (3,719 ft² against a typical 1,378 ft²), its lot is bigger than 55% of them (0.21 ac against a typical 0.18 ac) and it is newer than 8% of them (1914 against a typical 1982). Measured against all of Multnomah County, it is worth more than almost all homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2862 Sw Rutland Ter, Portland, OR?

The 2024 property tax bill for 2862 Sw Rutland Ter, Portland, OR was $26,169. The county assessed it at $1,052,090.

Closest homes

More homes in Portland 97205

Assigned schools

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