NOT LISTED FOR SALE

0 NW Rubicon Ln Unit 2 11628169 Portland, OR 97229

Forest Park Neighborhood

Estimated Value: $1,607,000 - $2,503,000

0.92 Acre
$2,349,048 Price per Acre
40,075 Sq Ft Lot

Last Sold October 31, 2013

Last sale price $235,000

Est. 820% increase in value since last sale

Current estimated payment $12,935/month

692 Days on Market

Highlights

  • View of Trees or Woods
  • 0.92 Acre Lot
  • Adjacent to Greenbelt
  • Skyline School Rated 9+
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of October 2013

Lot 2. New Price! If your clients are looking for a close-in, sunny, private, tranquil, level lot to build a $1M+ home, their search is finally over. Rubicon Lane is a beautiful small subdivision of ten 1/2 acre to 1+ acre estate quality lots located just 15 minutes from downtown PDX. 2 parcels have been pre-sold w/ new owners building custom homes valued at more than 1.5 mil.

Last Agent to Sell the Property

Kathy MacNaughton

Windermere Realty Trust License #790900060 Listed on: 09/14/2011

Windermere Realty Trust

Last Buyer's Agent

Dwayne Davis

Corcoran Prime License #200511346

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,778

Lot Details

  • 0.92 Acre Lot
  • Property fronts a private road
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Wooded Lot
  • Landscaped with Trees
  • 10 Lots in the community
  • Property is zoned RF

Property Views

  • Views of Woods

Schools

  • Skyline Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • Perc Test Required For Septic Tank
  • Cable TV Available

Community Details

  • Rubicon Subdivision
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number r643787

Property Details

Property Type

Land

Est. Annual Taxes

$2,778

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: No
  • View: Yes
  • Lot Features: Cul_de_sac, GreenBelt, PrivateRoad, Trees, Wooded
  • Road Surface Type: Paved
  • View: TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableConnected, ElectricityConnected, PhoneConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Schools

  • Elementary School: Skyline
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: RF
  • Present Use: Residential
  • Perc Test Description: Approved
  • Perc Test: Yes
  • Soil Condition: Native
  • Land Description: GentleSloping,Level
  • Lot Size Acres: 0.92
  • Lot Size: 40,192 SqFt
  • Lot Size Sq Ft: 40075.0
  • Number Of Lots: 10
  • Parcel #: r643787

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Annual Amount: 2777.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Zion Armstrong
Bought by
Kelley Benjamin M
Current Estimated Value
$2,161,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,953,600
Outstanding Balance
$1,800,486
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$360,638

Purchase Details

Closed on
Jan 5, 2022
Sold by
Armstonrg Zion
Bought by
Kelleya Benjamin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,953,600
Outstanding Balance
$1,800,486
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$360,638

Purchase Details

Closed on
Apr 9, 2020
Sold by
Duncan John A and Duncan Jessica R
Bought by
Armstrong Zion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2017
Sold by
Timberridge Development Inc
Bought by
Duncan John A and Duncan Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2015
Sold by
Patsy Blake D
Bought by
Timberridge Development Inc

Purchase Details

Listed on
Sep 14, 2011
Closed on
Oct 29, 2013
Sold by
Seabold Steve C
Bought by
Patsy Blake D and Patsy Karen Christine
Seller's Agent
Kathy MacNaughton
Windermere Realty Trust
Buyer's Agent
Dwayne Davis
Corcoran Prime
List Price
$350,000
Sold Price
$235,000
Premium/Discount to List
-$115,000
-32.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%
Original Mortgage
$164,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelley Benjamin M $2,630,000 Fidelity National Title
Kelleya Benjamin M $2,630,000 Fidelity National Ttl Of Or
Armstrong Zion $2,000,000 Wfg Title
Duncan John A -- Wfg Title
Timberridge Development Inc $277,500 Wfg Title
Patsy Blake D $235,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Benjamin M $1,953,600
Closed Kelleya Benjamin M $1,953,600
Previous Owner Armstrong Zion $1,000,000
Previous Owner Duncan John A $860,750
Previous Owner Patsy Blake D $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $235,000 -32.9% --
08/06/2013 08/06/13 Pending -- -- --
09/14/2011 09/14/11 For Sale $350,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,183 $642,820 -- --
2023 $16,522 $624,100 $0 $0
2022 $16,165 $605,930 $0 $0
2021 $15,891 $588,289 $0 $0
2020 $14,305 $560,500 $0 $0
2019 $13,779 $544,180 $0 $0
2018 $13,374 $528,331 $0 $0
2017 $9,567 $149,350 $0 $0
2016 $3,415 $145,000 $0 $0
2015 $3,326 $140,780 $0 $0
2014 $3,275 $136,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11628169

Regional Multiple Listing Service (RMLS)

APN: R643787