NOT LISTED FOR SALE

Estimated Value: $226,804 - $236,000

0.07 Acre
$3,305,743 Price per Acre
3,049 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $225,000 $170 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,597/month

114 Days on Market

Highlights

  • City View
  • 4-minute walk to N Lombard Transit Center
  • No Heating
  • Chief Joseph Elementary School Rated 9+
  • No HOA

About This Lot

As of June 2024

Prime development opportunity with this rare, level + usable high density CM3 zoning in desirable Arbor Lodge where land + new construction is scarce! CM3 zoning offers lots of options! Maximize the space in this high rent, high demand location + take advantage of RIP style multifamily plexes or apartments! Steps to the heart Arbor Lodges vibrant restaurant scene + amenities with 99BikeScore! Buyer to do all due diligence with the city.

Last Agent to Sell the Property

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 02/02/2024

Keller Williams Realty Portland Premiere

Co-Listed By

Kelly Christian

Keller Williams Realty Portland Premiere License #201231606

Last Buyer's Agent

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 02/02/2024

Keller Williams Realty Portland Premiere

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,200

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 66.66' x 50'
  • Property is zoned CM3

Property Views

  • City
  • Woods

Home Design

  • Mixed Use

Schools

  • Chief Joseph Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R171869

Property Details

Property Type

Land

Est. Annual Taxes

$4,200

Lot Details

0

Listing Details

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

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Road Frontage: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: City,TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: CM3
  • Land Lease: No
  • Lot Size Acres: 0.07
  • Lot Size: 66.66' x 50'
  • Lot Size Sq Ft: 3049.0
  • Parcel #: R171869

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4200.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
May 31, 2024
Sold by
Schwartz Family Trust and Schwartz William J
Bought by
Dez Development Llc
Seller's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
Buyer's Agent
Darryl Bodle
Keller Williams Realty Portland Premiere
List Price
$349,900
Sold Price
$225,000
Premium/Discount to List
-$124,900
-35.7%
Views
32
Current Estimated Value
$231,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,402
Avg. Annual Appreciation
2.15%

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 14, 2019
Sold by
Albright Robert J and Albright Elizabeth J
Bought by
The Schwartz Family Trust
Seller's Agent
Linn Holdhusen
Keller Williams PDX Central
Buyer's Agent
Quinn Irvine
MORE Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.10%
Original Mortgage
$240,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2017
Sold by
Albright Properties Llc
Bought by
Albright Robert J and Albright Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Railing Investments Llc
Bought by
Albright Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,300
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Railing Adam
Bought by
Railing Investment Llc

Purchase Details

Closed on
Mar 29, 2004
Sold by
Ifmc Mortgage I Llc
Bought by
Railing Adam

Purchase Details

Closed on
Mar 11, 2004
Sold by
Schultz Norman
Bought by
Ifmc Mortgage I Llc

Purchase Details

Closed on
Nov 13, 1998
Sold by
Peng Johnyeng
Bought by
Schultz Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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
Dez Development Llc $225,000 Fidelity National Title
The Schwartz Family Trust $320,000 Wfg Title
Albright Robert J -- Avenue 365 Lender Services L
Albright Properties Llc $154,000 Ticor Title
Railing Investment Llc -- --
Railing Adam -- --
Ifmc Mortgage I Llc $84,100 --
Schultz Norman $65,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Schwartz Family Trust $240,000
Previous Owner Albright Robert J $227,000
Previous Owner Albright Properties Llc $106,300
Previous Owner Schultz Norman $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $225,000 -25.0% $170 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $299,900 -14.3% $227 / Sq Ft
02/02/2024 02/02/24 For Sale $349,900 +7.7% $265 / Sq Ft
06/17/2019 06/17/19 Sold $325,000 0.0% $182 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $325,000 0.0% $182 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $325,000 -- $182 / 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 $4,439 $177,830 $177,830 --
2023 $4,439 $172,660 $172,660 $0
2022 $4,161 $167,640 $0 $0
2021 $4,401 $162,760 $0 $0
2020 $4,037 $158,020 $0 $0
2019 $3,889 $153,420 $0 $0
2018 $3,774 $148,960 $0 $0
2017 $3,618 $144,630 $0 $0
2016 $2,809 $119,150 $0 $0
2015 $2,736 $115,680 $0 $0
2014 $2,694 $112,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24266887

Regional Multiple Listing Service (RMLS)

APN: R171869