NOT LISTED FOR SALE

12905 SE Stark St Unit 12935 Portland, OR 97233

Hazelwood Neighborhood

Estimated Value: $473,000 - $1,003,000

1.05 Acres
$779,745 Price per Acre
45,738 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $862,000 $540 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,993/month

200 Days on Market

Highlights

  • 1.05 Acre Lot
  • No HOA
  • No Heating
  • Corner Lot

About This Lot

As of April 2024

Developers Dream! Rare 1 acre lot with fully functional house. One of, if not the last large lots close in to build or develop, zoned RM2. This Historic type Farmhouse has the the magic of Old Portland. Built in 1894 on what was the Highway which was Stark Street. With large rooms on the main floor, you get the feeling of true family community. The 1 acre lot has endless possiblities. Split lot, add out buildings? Could be a real $ money maker! Buyers to do Due Diligence. Seller to do No Repairs. Mall 205 with Home Depot, Target, Olive Garden, Red Robin. Also Post office, Library, Walgreens, WinCo, many restaurants specialty shops, food carts, gas stations to make living easy!

Last Agent to Sell the Property

Pat Conner

Portland's Alternative Inc., Realtors License #201237735 Listed on: 08/24/2023

Last Buyer's Agent

Pat Conner

Portland's Alternative Inc., Realtors License #201237735 Listed on: 08/24/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,096

Lot Details

  • 1.05 Acre Lot
  • Corner Lot
  • Level Lot
  • Land Lease expires 6/17/24
  • Property is zoned rm2

Schools

  • Menlo Park Elementary School
  • Floyd Light Middle School
  • David Douglas High School

Additional Features

  • Residence on Property
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R159595

Property Details

Property Type

Land

Est. Annual Taxes

$7,096

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Other Structures: Residence

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Menlo Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light

Lot Info

  • Zoning: rm2
  • Present Use: MultiFamily, Residential
  • Land Description: Level
  • Land Lease Expiration Date: 2024-06-17
  • Land Lease: Yes
  • Lot Size Acres: 1.05
  • Lot Size Sq Ft: 45738.0
  • Parcel #: R159595

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 7096.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Feb 29, 2024
Sold by
Cole Family Trust and Cole Kathleen Alice
Bought by
Olshin Communities Llc
Seller's Agent
Pat Conner
Portland's Alternative Inc., Realtors
Buyer's Agent
Pat Conner
Portland's Alternative Inc., Realtors
List Price
$950,000
Sold Price
$862,000
Premium/Discount to List
-$88,000
-9.26%
Views
72
Current Estimated Value
$818,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,268
Avg. Annual Appreciation
-8.85%
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
Olshin Communities Llc $868,200 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $862,000 -2.0% $540 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
10/26/2023 10/26/23 Price Changed $880,000 -7.4% $551 / Sq Ft
08/24/2023 08/24/23 For Sale $950,000 -- $595 / Sq Ft
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 $7,826 $328,070 -- --
2023 $7,826 $318,520 $0 $0
2022 $7,096 $309,250 $0 $0
2021 $6,980 $300,250 $0 $0
2020 $6,323 $291,510 $0 $0
2019 $6,122 $283,020 $0 $0
2018 $5,933 $274,780 $0 $0
2017 $5,714 $266,780 $0 $0
2016 $5,564 $259,010 $0 $0
2015 $5,431 $251,470 $0 $0
2014 $5,327 $244,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23266232

Regional Multiple Listing Service (RMLS)

APN: R159595