NOT LISTED FOR SALE

4235 SE Division St Portland, OR 97206

Richmond Neighborhood

Estimated Value: $505,215 - $833,000

0.11 Acre
$5,541,400 Price per Acre
4,791 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $500,000 $477 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,593/month

1 Day on Market

Highlights

  • Corner Lot
  • No HOA
  • 5-minute walk to Ivon park
  • Glencoe Elementary School Rated A-
  • No Heating

About This Lot

As of May 2023

Vacant ready-to-build corner lot in desirable Richmond. High density zoning along FX2 Trimet line. Plans & engineering complete for 5-10 flexible unit complex - in final check sheet phase of permitting. Ready for a builder, call for more details!

Last Agent to Sell the Property

Jessica Duncan

Premiere Property Group, LLC License #200908093 Listed on: 04/20/2023

Premiere Property Group, LLC

Last Buyer's Agent

Elliott Moore

Where Real Estate Collaborative License #201212712

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,718

Year Built

  • 1896

Lot Details

  • 4,791 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RM2

Parking

  • Driveway

Schools

  • Glencoe Elementary School
  • Mt Tabor Middle School
  • Franklin High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R153971

Property Details

Property Type

Land

Est. Annual Taxes

$2,718

Year Built

1896

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Open House: No
  • Special Features: None
  • Year Built: 1896

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Cleared, CornerLot
  • Disclosures: Disclosure
  • Other Structures: Driveway, Foundation

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor

Lot Info

  • Zoning: RM2
  • Present Use: RawLand
  • Soil Condition: Native,SoilTestAvailable
  • Land Description: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R153971

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2718.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 25, 2023
Sold by
Timberridge Development Inc
Bought by
West Coast Development Group Inc
Seller's Agent
Jessica Duncan
Premiere Property Group, LLC
Buyer's Agent
Elliott Moore
Where Real Estate Collaborative
List Price
$500,000
Sold Price
$500,000
Total Days on Market
1
Views
40
Current Estimated Value
$609,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,554
Avg. Annual Appreciation
10.36%
Original Mortgage
$375,000
Outstanding Balance
$366,940
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$242,614

Purchase Details

Listed on
Nov 7, 2021
Closed on
Nov 22, 2021
Sold by
Nguyen Truong Son Thai and Nguyen Mary T
Bought by
Timber Ridge Development Inc
Seller's Agent
Li Lanz
Li Lanz Properties, LLC
Buyer's Agent
Jessica Duncan
Premiere Property Group, LLC
List Price
$399,900
Sold Price
$510,000
Premium/Discount to List
$110,100
27.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.29%
Original Mortgage
$485,600
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Nguyen Mary
Bought by
Nguyen Trung Son Thai and Nguyen Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
West Coast Development Group Inc $500,000 Stewart Title
Timber Ridge Development Inc $510,000 Fidelity National Ttl Of Or
Nguyen Trung Son Thai -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Coast Development Group Inc $375,000
Previous Owner Timber Ridge Development Inc $485,600
Previous Owner Nguyen Trung Son Thai $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $500,000 0.0% $477 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $500,000 -2.0% $477 / Sq Ft
11/24/2021 11/24/21 Sold $510,000 +27.5% $486 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/07/2021 11/07/21 For Sale $399,900 -- $381 / 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 $2,058 $74,670 $74,670 $0
2022 $2,718 $101,790 $0 $0
2021 $2,672 $98,830 $0 $0
2020 $2,451 $95,960 $0 $0
2019 $2,361 $93,170 $0 $0
2018 $2,292 $90,460 $0 $0
2017 $2,197 $87,830 $0 $0
2016 $2,011 $85,280 $0 $0
2015 $1,958 $82,800 $0 $0
2014 $1,929 $80,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Duncan

    Premiere Property Group, LLC

    (503) 226-2141

    2 in this area

    11 Total Sales

    Jessica Duncan
    Section Image
  • Elliott Moore

    Buyer's Agent in 2023

    Elliott Moore

    Where Real Estate Collaborative

    (503) 320-6582

    3 in this area

    47 Total Sales

    Elliott Moore
    Section Image
  • Li Lanz

    Seller's Agent in 2021

    Li Lanz

    Li Lanz Properties, LLC

    (503) 936-4154

    1 in this area

    202 Total Sales

    Li Lanz
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23402820

Regional Multiple Listing Service (RMLS)

APN: R153971

Oregon Multnomah County Portland 97202 Richmond

4235 SE Division St, Portland, OR

This home is located at 4235 SE Division St, Portland, OR 97206 since 20 April 2023 and is currently estimated at $609,554, approximately $581 per square foot. This property was built in 1896. 4235 SE Division St is a home located in Multnomah County with nearby schools including Glencoe Elementary School, Mt Tabor Middle School, and Franklin High School.

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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.

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