$342,000
SOLD JAN 27, 2025
0.6 Acre
$570,000 Price per Acre
26,136 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

14% Below List Price

54 Days on Market

Highlights

  • 0.6 Acre Lot
  • Property is near a bus stop
  • No Heating
  • No HOA
  • Level Lot

About This Lot

As of January 2025

Builders, developers, investors alert! Fantastic opportunity to develop .60 acres (25,998 SF) in a prime location near public transit, shopping, and Glendoveer golf course/trails. Zoned RM1 & RM2 - Residential Multi-Dwelling. Existing house is a fixer. Cash or rehab loan only. Buyers to conduct all due diligence regarding permitted uses and potential. The property is being sold in its current "as is" condition & the Seller will not be performing any repairs. The PRs for the Estate make no representations or warranties regarding the condition of the property.

Last Agent to Sell the Property

Linda Skeele

Windermere Realty Trust Brokerage Email: moreland@windermere.com License #200001132 Listed on: 11/04/2024

Windermere Realty Trust

Last Buyer's Agent

Spenser Beck

John L. Scott Portland Central License #201247688

John L. Scott Portland Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,604

Lot Details

  • 0.6 Acre Lot
  • Level Lot
  • Property is zoned RM1/RM2

Schools

  • Glenfair Elementary School
  • H.B. Lee Middle School
  • Reynolds High School

Additional Features

  • Residence on Property
  • Property is near a bus stop

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R109695

Property Details

Property Type

Land

Est. Annual Taxes

$4,604

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: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: OnBusline
  • Road Surface Type: Paved
  • Other Structures: Residence

Garage/Parking

  • Attached Garage: No

Utilities

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

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Glenfair
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee

Lot Info

  • Zoning: RM1/RM2
  • Present Use: Residential
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.6
  • Lot Size: 25,998 SF
  • Lot Size Sq Ft: 26136.0
  • Number Of Lots: 1
  • Parcel #: R109695

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4604.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Jan 23, 2025
Sold by
Nelson Merle
Bought by
Absolute Heating And Cooling Solutions Llc
Seller's Agent
Linda Skeele
Windermere Realty Trust
Buyer's Agent
Spenser Beck
John L. Scott Portland Central
List Price
$399,900
Sold Price
$342,000
Premium/Discount to List
-$57,900
-14.48%
Views
26
Current Estimated Value
$391,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,308
Avg. Annual Appreciation
18.09%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Personal Reps Deed $342,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 Sold $342,000 -2.3% $253 / Sq Ft
12/28/2024 12/28/24 Pending -- -- --
12/10/2024 12/10/24 Price Changed $349,900 -4.1% $259 / Sq Ft
11/23/2024 11/23/24 Price Changed $365,000 -8.7% $270 / Sq Ft
11/04/2024 11/04/24 For Sale $399,900 -- $296 / 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
2025 $4,851 $207,390 -- --
2024 $4,604 $201,350 -- --
2023 $4,425 $195,490 $0 $0
2022 $4,358 $189,800 $0 $0
2021 $4,301 $184,280 $0 $0
2020 $3,883 $178,920 $0 $0
2019 $3,799 $173,710 $0 $0
2018 $3,651 $168,660 $0 $0
2017 $3,521 $163,750 $0 $0
2016 $3,357 $158,990 $0 $0
2015 $3,266 $154,360 $0 $0
2014 $3,180 $149,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24343680

Regional Multiple Listing Service (RMLS)

APN: R109695