NOT LISTED FOR SALE

4058 NE 12th Ave Portland, OR 97212

Sabin Neighborhood

Estimated Value: $335,000 - $612,000

0.11 Acre
$4,626,318 Price per Acre
4,791 Sq Ft Lot

Last Sold December 15, 2023

Last sale price $300,000 $189 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,997/month

42 Days on Market

Highlights

  • No HOA
  • Garage
  • Level Lot
  • Sabin Elementary School Rated A-
  • High Speed Internet
  • No Heating

About This Lot

As of December 2023

Land Development package available. House and garage are teardowns; value is in the land. Zoned R5 in highly desirable NE neighborhood. No access to residence or garage without accepted offer.

Last Agent to Sell the Property

Suzanne Goddyn

Windermere Happy Valley Brokerage Email: moreland@windermere.com License #200308029 Listed on: 10/23/2023

Windermere Happy Valley

Co-Listed By

Kaylie Shults

Windermere Happy Valley Brokerage Email: moreland@windermere.com License #201218290

Last Buyer's Agent

Zhanna Salyuk

Premiere Property Group, LLC License #201233300

Premiere Property Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,682

Year Built

  • 1908

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot
  • Property is zoned R5

Parking

  • Garage

Additional Homes

  • Residence on Property

Schools

  • Sabin Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • Natural Gas Connected
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R226684

Property Details

Property Type

Land

Est. Annual Taxes

$1,682

Year Built

1908

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
  • Year Built: 1908

Interior Features

  • High School2: Jefferson
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: Garage, NoValue, Residence

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Internet Service Type: Wireless
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sabin
  • High School: Grant
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R5
  • Present Use: Residential
  • Soil Condition: CompactedSoil
  • Land Description: Level
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R226684

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1681.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 15, 2023
Sold by
Smith Theodore F
Bought by
Beglets Aleksandr and Beglet Dumitru V
Seller's Agent
Suzanne Goddyn
Windermere Happy Valley
Buyer's Agent
Zhanna Salyuk
Premiere Property Group, LLC
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Total Days on Market
42
Views
100
Current Estimated Value
$508,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,895
Avg. Annual Appreciation
43.26%

Purchase Details

Closed on
Aug 17, 1998
Sold by
Mcbee Melissa C
Bought by
Smith Theodore F

Purchase Details

Closed on
Jan 30, 1996
Sold by
Watson Douglas T
Bought by
Smith Theodore F and Mcbee Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,850
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Similar Properties in Portland, OR

  • 3625 N Commercial Ave, Portland, OR 97227

    $395,000

    • Land
    • 0.12 Acre
    • $3,291,667 per Acre
    • 3625 N Commercial Ave
    • Portland, OR

    Build your dream home! Spectacular development opportunity in Portland's desirable Boise neighborhood. Prime location within walking distance to Mississippi, N. Williams, restaurants, shops, parks, schools, and more. This flat, buildable, lot has alley access, so two points of entry! Easy access to freeways and downtown Portland. Tiny house on property is Portland's renowned "359," a 144 square

    Kaira West Stellar Realty Northwest

    Section Image
  • 132 SE 18th (North Of) Ave, Portland, OR 97214

    $396,000

    • Land
    • 0.1 Acre
    • $3,960,000 per Acre
    • 132 SE 18th (North Of) Ave
    • Portland, OR

    Rare lot in a beautiful and walkable inner SE Portland Neighborhood! The lot is walkable to Laurelhurst Park, and all the wonderful restaurants on Burnside, Stark, Belmont, Hawthorne, and 28th. The land is flat and easy to build on. Allowed uses include a single family house with up to 2 ADU's, a duplex, triplex, or fourplex. Other uses possible. Buyer to be responsible for their own due

    David DeFauw Oregon First

    Section Image
  • 6055 E Burnside St, Portland, OR 97215

    $460,000

    • Land
    • 0.11 Acre
    • $4,181,818 per Acre
    • 6055 E Burnside St
    • Portland, OR

    CM2 zoned commercial property in great East Burnside location. Property most recently used as a hair salon. Many possibilities including office, salon, studio, retail, or developable land. Off street parking for 3-4 cars. Main floor 839 SQFT with Kitchen area, half bath, and large open space. Upstairs is 416 SQFT with 2 separate office/studios, basement is 830 SQFT of raw unfinished space with

    Jarrin Benson eXp Realty, LLC

    Section Image
  • 2015 SE Ivon St Unit 7, Portland, OR 97202

    $480,000

    • Land
    • 0.12 Acre
    • $4,000,000 per Acre
    • 2015 SE Ivon St
    • Unit 7
    • Portland, OR

    Huge Opportunity to get into Inner SE for under $500k! Set in the highly sought-after Hosford-Abernethy neighborhood. Featuring an oversized lot with R2.5 zoning, the possibilities for development are vast. The R2.5 zoning is a single-dwelling zone allowing one lot per 2,500 square feet, making it ideal for a variety of housing types. Developers can explore options such as a 6-unit apartment

    Tara Stone eXp Realty, LLC

    Section Image
  • 7733 NE Mason St, Portland, OR 97218

    $499,900

    • Land
    • 0.12 Acre
    • $4,165,833 per Acre
    • 7733 NE Mason St
    • Portland, OR

    A rare level lot in Roseway neighborhood of NE PDX. 0.11 acre (5,000 SqFt) lot in the R2.5 zone. Originally platted as two 25’x100’ lots. One block N of Sandy with easy commute, freeway (I-205), and airport access. Walking distance to shops, parks, Tri-Met, schools. SF and MF development options include high density PUD for up to 8 units; 3 MF lots each suitable for 2/3/4-plex with 4-8

    Katie Bain EquityPoint Real Estate

    Section Image
  • 3431 SE Franklin St Unit west of, Portland, OR 97202

    $400,000

    • Land
    • 0.09 Acre
    • $4,444,444 per Acre
    • 3431 SE Franklin St
    • Unit west of
    • Portland, OR

    Rare .09 acre or 40 x 100, lot in Richmond, a quaint and quiet inner SE Portland Neighborhood! Property is zoned R5. The lot is close to services on Powell, Clinton, Division, Gladstone, Belmont, Hawthorne, and Sellwood. The land is flat and has few large trees. Allowed uses include a single family house with up to 2 ADU's, a duplex, triplex, or fourplex. Buyer to be responsible for their own due

    Sean O'feery Living Room Realty

    Section Image
  • 0 SE Clay St, Portland, OR 97216

    $425,000

    • Land
    • 0.08 Acre
    • $5,312,500 per Acre
    • 0 SE Clay St
    • Portland, OR

    It doesn't get better than this! Sitting on one of our cities loveliest streets SE Clay is quiet, serene and sought after. On the edge of Colonial Heights, blocks to Ladd's, one block south of Hawthorne, just north of Division. Any direction you head, you'll find yourself at the intersection of food + wine, surrounded by our "only in Portland" coffee and cuisine scene. Two buildable lots - this

    Lee McKnight Cascade Hasson Sotheby's International Realty

    Section Image
  • 0 SE Clay St, Portland, OR 97216

    $425,000

    • Land
    • 0.09 Acre
    • $4,722,222 per Acre
    • 0 SE Clay St
    • Portland, OR

    It doesn't get better than this! Sitting on one of our cities loveliest streets SE Clay is quiet, serene and sought after. On the edge of Colonial Heights, blocks to Ladd's, one block south of Hawthorne, just north of Division. Any direction you head, you'll find yourself at the intersection of food + wine, surrounded by our "only in Portland" coffee and cuisine scene. Two buildable lots - this

    Lee McKnight Cascade Hasson Sotheby's International Realty

    Section Image
  • 7134 N Richmond Ave, Portland, OR 97203

    $385,000

    • Land
    • 0.12 Acre
    • $3,208,333 per Acre
    • 7134 N Richmond Ave
    • Portland, OR

    This site is ready to go with all of the land use completed for a 5-lot townhome project with no HOA's. Could change to 7 units. Corner lot in the heart of St. John's with easy access to all the shops, restaurants and entertainment. Incredible building opportunity in Cathedral Park!

    William Grzebyk Redfin

    Section Image
See All Homes in Portland

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beglets Aleksandr $300,000 Chicago Title
Smith Theodore F $9,923 Transnation Title Insurance
Smith Theodore F $64,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Theodore F $186,000
Previous Owner Smith Theodore F $200,000
Previous Owner Smith Theodore F $86,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $300,000 -20.0% $189 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $375,000 0.0% $237 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $375,000 -- $237 / 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
2023 $1,682 $63,460 $0 $0
2022 $1,645 $61,620 $0 $0
2021 $1,618 $59,830 $0 $0
2020 $1,484 $58,090 $0 $0
2019 $1,430 $56,400 $0 $0
2018 $1,388 $54,760 $0 $0
2017 $1,330 $53,170 $0 $0
2016 $1,217 $51,630 $0 $0
2015 $1,185 $50,130 $0 $0
2014 $1,168 $48,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Goddyn

    Seller's Agent in 2023

    Suzanne Goddyn

    Windermere Happy Valley

    (503) 830-8516

    5 in this area

    79 Total Sales

    Suzanne Goddyn
    Section Image
  • Kaylie Shults

    Seller Co-Listing Agent in 2023

    Kaylie Shults

    Windermere Happy Valley

    (503) 847-1556

    1 in this area

    31 Total Sales

    Kaylie Shults
    Section Image
  • Zhanna Salyuk

    Buyer's Agent in 2023

    Zhanna Salyuk

    Premiere Property Group, LLC

    (503) 810-1264

    2 in this area

    66 Total Sales

    Zhanna Salyuk
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23239248

Regional Multiple Listing Service (RMLS)

APN: R226684

Oregon Multnomah County Portland 97211 Sabin

4058 NE 12th Ave, Portland, OR

This home is located at 4058 NE 12th Ave, Portland, OR 97212 since 23 October 2023 and is currently estimated at $508,895, approximately $321 per square foot. This property was built in 1908. 4058 NE 12th Ave is a home located in Multnomah County with nearby schools including Sabin Elementary School, Harriet Tubman Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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