Sold8d on marketHistoric · 96 yrs
3123 SE Olsen St
Milwaukie, OR, 97222 • Ardenwald • Clackamas County
$522,500
$279/sqft
2Beds
2Baths
1,875Sqft
0.18 acLot
1930Built
Property DNA
Waterfront Property
Seasonal
Bungalow Style
Built 1930 · 96 years of history
Ardenwald
Ardenwald
Outdoor Living
Covered Deck · Patio
Special Features
GasHookup · RVBoatStorage · ToolShed
3-Car Garage
Driveway · RV Access/Parking · RV Boat Storage · Garage Door Opener · Detached · Extra Deep Garage · Oversized
Premium Finishes
Walk-In Closet(s) · Granite
Hardwood & Heated Tile & Tile & Wood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
73 views
People checking out this listing
2 saves
Buyers have saved this home
8 days on market
Recently listed
$279/sqft
Price per square foot
About this home
Single Family · Built 1930 · Historic
This bright and happy home in coveted Ardenwald has been lovingly maintained and offers everything you need, including a brand-new roof. Beautifully updated custom kitchen, bright living room, large bathroom with a soaking tub and walk-in shower, and a second bedroom, all on the main floor. Upstairs features a lovely primary suite with two closets and a well-appointed bathroom. Custom-built-in woodwork, heated bathroom floors on the main, and ample storage make this house a standout! The living space extends to the gracious covered patio with a gas grill. Lovely, sunny yard with raised beds, irrigation, and built-in drainage. A large 3-car garage/shop offers ample space for all your hobbies and vehicles. Lots of storage options, from the roomy basement to the shop. This house has been a successful vacation rental for several years, thanks to its neighborhood mixed-use zoning (NMU). [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244214]
Standout features identified
Our analysis highlights bright and happy home, ample storage, and custom-built-in woodwork as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,339/month
Principal & Interest$2,642
Property Tax$523
Insurance$174
Down payment20% ($104,500)
3%50%
Est. 6.50% rate · 30yr fixed · $418,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1930
HeatingForced Air 95 Plus, Radiant
CoolingCentral Air
Parking3 Garage spaces
Lot7,840 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
ConditionResale
Year built1930
Stories2
Systems
HeatingForced Air 95 Plus, Radiant
CoolingCentral Air
RoofComposition
ConstructionCedar, Lap Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway, RV Access/Parking, RV Boat Storage, Garage Door Opener, Detached, Extra Deep Garage, Oversized
Garage3 spaces
BasementFull,Storage Space,Unfinished
Lot7,840 sqft
Location & Tax
NeighborhoodArdenwald
ZoningNMU
Annual tax$3,489
Parcel00008538
Bathrooms & Fees
Full baths2
Features & details
15 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Soaking Tub
Built-in Features
Closet Organizer
Double Closet
Walk-In Closet(s)
Granite
Pantry
Tile
Appliances
Dishwasher
Disposal
Free-Standing Gas Range
Free-Standing Refrigerator
Stainless Steel Appliance(s)
Washer/Dryer
Gas Appliances
Gas Water Heater
Flooring
Hardwood
Heated Tile
Tile
Wood
Wall to Wall Carpet
Heating
Forced Air 95 Plus
Radiant
Cooling
Central Air
Windows
Double Pane Windows
Vinyl Frames
Skylight(s)
Accessibility
Main Floor Bedroom Bath
Natural Lighting
Walkin Shower
Accessibility
Exterior Features
Exterior
Fire Pit
Garden
Gas Hookup
Yard
Parking
Driveway
RV Access/Parking
RV Boat Storage
Garage Door Opener
Detached
Extra Deep Garage
Oversized
Construction
Cedar
Lap Siding
Patio & Porch
Covered Deck
Patio
Lot Features
Seasonal
Trees
SqFt 7000 to 9999
Security
None
Gas
Gas Hookup
Gas
Other Structures
GasHookup
RVBoatStorage
ToolShed
Room details
4 rooms detailed
Master Bedroom
Upper18×12 ft216 sqft
Builtin FeaturesCloset OrganizerDouble ClosetEnsuiteWalkin ClosetWallto Wall Carpet
Bedroom2
Main10×15 ft150 sqft
Wood Floors
Kitchen
Main112 sqft
Gas AppliancesSkylightFree Standing RefrigeratorTile Floor
Living Room
Main16×15 ft240 sqft
Wood Floors
Listing insights
Market data and value estimates
StatusSold
Days on market8
Est. value$498,700
Est. rent$2,739/mo
Tax rate0.83%
Price/sqft$279
On marketFeb 26, 2026
PostedMar 24, 2026
Last sold$522,500
MLS statusSold
MLS updatedMar 28, 2026
Tour days6
Views73
Favorites2
How are the schools in Milwaukie?
3 schools rated nearby
Location
Milwaukie, OR, 97222
Price history
5 events
DateEventPrice$/sqftSource
Mar 24, 2026Sold$522,500$279RMLS (OR)
Mar 3, 2026Pending Sale$489,000$261RMLS (OR)
Feb 26, 2026Listed For Sale$489,000$261RMLS (OR)
Aug 27, 1999Sold$130,000$69Public Record
Aug 1, 1996Sold$94,000$50Public Record
Sold$522,500
Mar 24, 2026•$279/sqft•RMLS (OR)
Pending Sale$489,000
Mar 3, 2026•$261/sqft•RMLS (OR)
Listed For Sale$489,000
Feb 26, 2026•$261/sqft•RMLS (OR)
Sold$130,000
Aug 27, 1999•$69/sqft•Public Record
Sold$94,000
Aug 1, 1996•$50/sqft•Public Record
Tax history
20 years of records
YearTax paidAssessed value
Apr 2, 2025$3,490$158,599
Apr 2, 2024$3,370$153,980
Apr 2, 2023$3,276$149,496
Apr 2, 2022$3,112$145,142
Apr 2, 2021$3,003$140,915
Apr 2, 2020$2,910$136,811
Apr 2, 2019$2,867$132,827
Apr 2, 2018$2,549$128,958
Apr 2, 2017$2,549$125,202
Apr 2, 2016$2,393$121,555
Apr 2, 2015$2,393$118,015
Apr 2, 2014$2,279$114,578
Apr 2, 2013$2,108$111,241
Apr 2, 2012$2,057$108,001
Apr 2, 2011$2,038$104,855
Apr 2, 2010$1,931$101,801
Apr 2, 2009$1,912$98,836
Apr 2, 2008$1,809$95,957
Apr 2, 2007$1,758$93,162
Apr 2, 2000$1,263$70,098
Nearby homes
Neighborhood details
Local context around this listing
Milwaukie, OR • Clackamas County
Nearby neighborhoods
ArdenwaldHector CampbellHistoric MilwaukieIsland StationJennings LodgeLake RoadLewellingLinwoodOak GroveOatfield
Nearby cities
CanbyHappy ValleyLake OswegoMilwaukieOregon CitySherwoodTualatinWest Linn
Nearby zip codes
97222972679726897269
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