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830 SW Trillium Ln
Portland, OR

830 SW Trillium Ln

$725,000
4 bd • 3 ba • 2,670 sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$725,000

Price/Sq.Ft

$272

Year Built

1951

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This 1951 ranch-style home offers exceptional value at $271.54/sqft, which is approximately 15% below the Portland average of $320/sqft for similar properties. The 2,670 sqft layout is spacious, providing 25% more living area than the typical 2,130 sqft for homes in this price range. Recent updates and mid-century charm add significant appeal, potentially increasing resale value by 5-10%. The Home Energy Score of 8/10 indicates excellent energy efficiency, potentially saving $500-$800 annually on utility costs compared to similar-sized homes. Located in a desirable area with a top-rated elementary school (Stephenson Elementary, 10/10 rating) just 0.8 miles away, which typically adds a 5-7% premium to property values. The minimal flood risk (1/10) and wind risk (1/10) are significantly better than Portland averages, potentially reducing insurance costs by 10-15%.

The Bad

The property's price has increased by 20.8% since its last sale in 2020, outpacing the Portland market average of 15% over the same period, which may limit future appreciation potential. The moderate fire risk (3/10) and extreme air quality risk (9/10) could lead to higher insurance premiums and potential health concerns. With 14 bad air quality days per year, this is 40% higher than the Portland average of 10 days. The home's age (72 years) suggests potential for major system replacements in the near future, including plumbing ($8,000-$12,000), electrical ($6,000-$10,000), and roofing ($15,000-$25,000). The estimated insurance cost of $2,610/year is approximately 15% higher than the Portland average for similar homes, likely due to the fire and air quality risks.

The Ugly

The extreme air quality risk (9/10) is a significant concern, potentially leading to health issues and decreased outdoor enjoyment. This could also negatively impact resale value by 3-5% compared to homes in areas with better air quality. The property's location in the hills, while offering privacy, may increase vulnerability to landslides, a common concern in Portland's hilly areas. This geological risk could necessitate additional insurance coverage and impact long-term property value. The rapid price appreciation since 2020 (20.8%) may indicate a potential market correction, risking a short-term decrease in value of 5-10% if the market normalizes. The lack of listed property features suggests possible outdated amenities or systems not mentioned in the description, potentially leading to unexpected renovation costs of $30,000-$50,000 to bring the property up to current market standards.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for buyers with a household income of $180,000+ (based on a 28% front-end DTI ratio for a $725,000 home). It's perfect for families seeking space and good schools, with 4 bedrooms and proximity to highly-rated Stephenson Elementary. The ranch-style layout and updated features appeal to both young families and those looking to age in place. Investors could expect a potential rental income of $3,130/month for a 4-bedroom home in this area, yielding a cap rate of approximately 5.2% (factoring in property taxes, insurance, and estimated maintenance costs). The property's energy efficiency and minimal flood/wind risks make it attractive for environmentally conscious buyers and those seeking lower long-term ownership costs.

Not For

Not suitable for first-time homebuyers or those with incomes below $180,000 due to the high purchase price and potential for additional renovation costs. The extreme air quality risk (9/10) makes it unsuitable for individuals with respiratory issues or those highly sensitive to air pollution. Not ideal for short-term investors looking for quick appreciation, given the recent 20.8% price increase and potential market stabilization. The hilly location and potential landslide risk make it inappropriate for those with mobility issues or concerns about natural disasters. Not recommended for buyers seeking a turnkey property, as the age of the home suggests potential need for major system upgrades in the near future.
Demographics
Area Median Income

$106,242

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Risk Assessment

Climate Risks

airEXTREME

14 bad air quality days per year

fireMODERATE

Insurance: Recommended

heatMINOR

7 extreme heat days per year

98th percentile: 91°F

floodMINIMAL

FEMA Zone: X_UNSHADED

Insurance: Optional

windMINIMAL

Insurance: Optional

Risk Analysis

The extreme air quality risk (9/10) poses significant health and lifestyle concerns, potentially requiring investment in high-quality air filtration systems ($1,000-$3,000). The moderate fire risk (3/10) may necessitate additional fire insurance and preventive measures, increasing annual costs by $500-$1,000. The home's age (72 years) suggests a high likelihood of major system failures within 5-10 years, with potential costs exceeding $50,000 for comprehensive updates. The location in Portland's hills increases the risk of landslides, which could require geological surveys ($2,000-$5,000) and potential mitigation measures ($10,000-$30,000). The rapid price appreciation since 2020 (20.8%) increases the risk of a market correction, potentially leading to a short-term value decrease of 5-10%. The lack of mentioned updates to major systems (HVAC, plumbing, electrical) suggests potential hidden costs and necessary upgrades in the near future.
Insurance
Annual Cost

$2,610

$218 per month

Financials

Monthly Costs

Price History

Property Taxes

$8,298
2024 Tax Assessment
4.0%from previous year
Assessed Value$310,440
Tax Rate2.67%

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$906,167

25.0% above list price

Median Price

$900,000

Based on 6 recent sales

Price per Sq.Ft

$328

Comparable Properties

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Sq.Ft: 2,958
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$/Sq.Ft:
$39746.3%
Sale Date: 11/4/2024
12300 SW 13TH CT, Portland, OR 97219
Price: $967,000
Sq.Ft: 2,906
Beds/Baths: 4/3
$/Sq.Ft:
$33322.5%
Sale Date: 10/26/2024
2925 SW LURADEL LN, Portland, OR 97219
Price: $800,000
Sq.Ft: 2,367
Beds/Baths: 3/3
$/Sq.Ft:
$33824.5%
Sale Date: 10/17/2024
2815 SW ORCHARD HILL PL, Lake Oswego, OR 97035
Price: $900,000
Sq.Ft: 2,911
Beds/Baths: 4/3
$/Sq.Ft:
$30913.9%
Sale Date: 10/4/2024
10401 SW Lancaster RD, Portland, OR 97219
Price: $875,000
Sq.Ft: 2,575
Beds/Baths: 3/3
$/Sq.Ft:
$34025.1%
Sale Date: 8/20/2024
2842 SW PLUM CIR, Portland, OR 97219
Price: $720,000
Sq.Ft: 2,874
Beds/Baths: 4/3
$/Sq.Ft:
$2517.7%
Sale Date: 8/28/2024

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