Portland · Home sale
11522 S Riverwood Rd in Portland sells for $5 million
A single-family home at 11522 S Riverwood Rd, Portland sold for $5,000,000 on September 3, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $5,000,000
- Sold
- September 3, 2026
- Property type
- Single-family home
- Living area
- 8,087 sq ft
- Price per sq ft
- $618
- Year built
- 1928
A riverfront estate at 11522 S Riverwood Rd in Portland sold for $5,000,000 on September 3, 2026, according to the Multnomah County Assessor's sales records. The price came in 27% below the market value of $6,837,370 on record.
An aerial photo shows the property sitting directly on a river with a dock, surrounded by other houses. The 2.11-acre parcel contains 8,087 square feet of living area, working out to $618 per square foot.
The home was built in 1928 and features 5 bedrooms and 7 bathrooms, according to listing data.
Scott D Schmutzer purchased the property, according to the Assessor's records.
What this sale costs to close
What does closing cost at this price? Under Multnomah County custom the seller's larger charges are $10,200 for the owner's title insurance policy and $650 for the escrow fee. With a 5% commission, the seller's estimated net is $4,731,076 before any mortgage payoff. A buyer putting 20% down would need about $1,091,091 at closing.
Source: Multnomah County Assessor, via PortlandMaps taxlots, document R257973-20260903. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
