$549,000

12505 NW Germantown Rd Portland, OR 97231

Forest Park Neighborhood

Estimated payment $3,237/month

Total Views 8,890
5.28 Acres
$103,977 Price per Acre
229,997 Sq Ft Lot

Highlights

  • View of Trees or Woods
  • 5.28 Acre Lot
  • No HOA
  • Skyline School Rated 9+
  • Wooded Lot
  • Gentle Sloping Lot

About This Lot

Prime Vacant Land with Stunning Tualatin Valley views. All land use permits new as of Dec 2024 and valid through Dec 2026. Construction permits can be approved in approximately 30 days. Note that the land use permits required almost 18 months. This represents a significant investment as a prerequisite to construction. Approved new home design of a 5 bedroom, 6 bath luxury home of 3,500 sq ft. With 800 ft drive way providing privacy in a forest. It includes approvals for city water, septic system, and minor updates to the existing driveway. Enjoy a serene, elevated location just 30 minutes to PDX, 20 minutes to Downtown Portland, and 15 minutes to Providence Hospital. A rare chance to build your dream home close to Nike, Intel, and all the city’s amenities—without sacrificing privacy or breathtaking views.

Listing Agent

Reed Bright

Matin Real Estate License #201244990 Listed on: 04/03/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,055

Lot Details

  • 5.28 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned RR

Property Views

  • Woods
  • Territorial
  • Valley

Schools

  • Skyline Elementary And Middle School
  • Lincoln High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R324037

Property Details

Property Type

Land

Est. Annual Taxes

$4,055

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: ResidentialRecreational
  • Property Attached Yn: No
  • Current Price For Status: 549000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres5to7

Exterior Features

  • Lot Size: 5 to 6.99 Acres
  • View: Yes
  • Lot Features: Trees, Wooded
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: Territorial,TreesWoods,Valley

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RR
  • Land Description: GentleSloping
  • Land Lease: No
  • Lot Size Acres: 5.28
  • Lot Size Sq Ft: 229996.0
  • Parcel #: R324037

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4055.08

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

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
2025 $4,255 $212,080 $212,080 --
2024 $4,055 $205,910 $205,910 --
2023 $4,055 $199,920 $199,920 $0
2022 $3,828 $194,100 $0 $0
2021 $3,724 $188,450 $0 $0
2020 $3,526 $182,970 $0 $0
2019 $3,429 $177,650 $0 $0
2018 $3,311 $172,480 $0 $0
2017 $3,174 $167,460 $0 $0
2016 $2,875 $162,590 $0 $0
2015 $2,796 $157,860 $0 $0
2014 $2,713 $153,270 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2025 04/03/25 For Sale $549,000 +103.3% --
04/03/2023 04/03/23 Sold $270,000 -9.4% -- View Prior Sale
02/08/2023 02/08/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $298,000 +10.4% --
01/01/2023 01/01/23 Off Market $270,000 -- --
11/19/2022 11/19/22 Price Changed $298,000 -13.6% --
09/13/2022 09/13/22 Price Changed $345,000 -12.7% --
08/11/2022 08/11/22 Price Changed $395,000 -20.2% --
04/27/2022 04/27/22 For Sale $495,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 Lawyers Title
Warranty Deed $205,000 Fidelity Natl Title Co Of Or
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 248289967

Regional Multiple Listing Service (RMLS)

APN: R324037

Oregon Multnomah County Portland 97231 Forest Park

12505 NW Germantown Rd, Portland, OR

For Sale

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Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes
Listing Agent
Reed Bright
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Matin Real Estate
(503) 483-5955