1470 Rosemont Rd West Linn, OR 97068
Parker Crest NeighborhoodEstimated payment $8,938/month
Highlights
- 1.3 Acre Lot
- No HOA
- Gentle Sloping Lot
- Sunset Primary School Rated A
- Shed
- No Heating
About This Lot
Investor Opportunity in West Linn! Keep existing home and 2 new parent lots.A three-lot partition has already been approved by the City of West Linn for this double frontage lot (see attached Notice of Decision with conditions).Upon completion of the partition, there is additional potential to leverage a Middle Housing Land Division, creating 5–6 new buildable lots while retaining the existing home on its own parcel. Two layout concepts (Proposal 1 and Proposal 2) are provided to illustrate possible configurations. Note: the Middle Housing Land Division application can be submitted once the three-lot partition conditions are satisfied.The existing home itself, once separated onto its own lot, has an estimated market value of approximately $900,000—providing a strong built-in asset in addition to the development potential.The seller intends to begin required improvements for the three-lot partition by mid-October. The property is currently priced as-is, before improvements. Once work is underway, pricing will be adjusted to reflect the completed infrastructure.This is a rare chance to acquire a West Linn property with approved entitlements, immediate development upside, and strong long-term value potential.
Listing Agent
MORE Realty Brokerage Phone: 503-962-9653 License #201215124 Listed on: 09/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,378
Lot Details
- 1.3 Acre Lot
- Lot Dimensions are 352 x 160
- Gentle Sloping Lot
- Property is zoned R10
Schools
- Sunset Elementary School
- Rosemont Ridge Middle School
- West Linn High School
Additional Features
- Residence on Property
- Perc Test Required For Septic Tank
Listing and Financial Details
- Assessor Parcel Number 00384738
Community Details
Overview
- No Home Owners Association
Recreation
- Shed
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,860 | $667,292 | -- | -- |
| 2024 | $12,378 | $647,857 | -- | -- |
| 2023 | $12,378 | $628,988 | $0 | $0 |
| 2022 | $11,684 | $610,668 | $0 | $0 |
| 2021 | $11,042 | $592,882 | $0 | $0 |
| 2020 | $10,957 | $575,614 | $0 | $0 |
| 2019 | $10,479 | $558,849 | $0 | $0 |
| 2018 | $9,943 | $542,572 | $0 | $0 |
| 2017 | $9,611 | $526,769 | $0 | $0 |
| 2016 | $9,216 | $511,426 | $0 | $0 |
| 2015 | $8,714 | $496,530 | $0 | $0 |
| 2014 | $8,223 | $482,068 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/09/2025 10/09/25 | Price Changed | $1,500,000 | -6.3% | $507 / Sq Ft | |
| 09/19/2025 09/19/25 | For Sale | $1,600,000 | +20.1% | $541 / Sq Ft | |
| 12/19/2024 12/19/24 | Sold | $1,331,959 | -0.1% | $450 / Sq Ft | View Prior Sale |
| 09/21/2024 09/21/24 | Pending | -- | -- | -- | |
| 09/20/2024 09/20/24 | For Sale | $1,333,000 | -- | $451 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,331,959 | Chicago Title | |
| Quit Claim Deed | $6,550 | -- | |
| Deed | $31,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Closed | $1,000,000 | Seller Take Back |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 233337015
APN: 00384738
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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.
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