$750,000
SOLD APR 24, 2025
2.86 Acres
$262,238 Price per Acre
124,582 Sq Ft Lot

Recently Sold

$526 Per Sq Ft

72% Below List Price

390 Days on Market

Highlights

  • 2.86 Acre Lot
  • Private Lot
  • No HOA
  • Bridlemile Elementary School Rated A-
  • Wooded Lot
  • Outdoor Storage

About This Lot

As of April 2025

The Hancock Estate, nestled in the west hills of Portland, stands as a prime residential property spanning 2.86 acres. Boasting an exclusive environment, this estate is poised for development, offering a unique opportunity for those seeking an upscale living experience. Comprising four tax lots, the property is being presented as a single unit, providing flexibility and potential for a variety of residential uses. Located in Raleigh Hills and within the Bridlemile school district, the estate ensures a tranquil setting close to Hamilton Park. Its strategic positioning offers excellent connectivity to all of Portland and neighboring areas, enhancing its overall appeal for prospective buyers looking to create their dream home or estate in this coveted locale. Please conduct due diligence with City of Portland for development options.

Last Agent to Sell the Property

Marilyn Brown

Where, Inc License #930400265

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Property Type

  • Land

Year Built

  • 1885

Lot Details

  • 2.86 Acre Lot
  • Creek or Stream
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned R-7

Schools

  • Bridlemile Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Listing and Financial Details

  • Assessor Parcel Number R329031

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outdoor Storage

Property Details

Property Type

Land

Year Built

1885

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresType1: Storage
  • Special Features: VirtualTour
  • Year Built: 1885

Interior Features

  • Lot Size Range: Acres1to3
  • OtherStructuresBathsTotal: 0.00

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: No
  • Lot Features: Private, Stream, Trees, Wooded
  • Disclosures: Exempt
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No
  • Neighborhood Features: Bridlemile Neighborhood

Schools

  • Elementary School: Bridlemile
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Zoning: R-7
  • Present Use: RawLand
  • Additional Parcels: Yes
  • Land Description: RollingSlope
  • Land Lease: No
  • Lot Size Acres: 2.86
  • Lot Size Sq Ft: 124581.0
  • Parcel #: R329031
  • Assessor Parcel Number 2: R329261
  • Assessor Parcel Number 3: R329049

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 19422.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 23, 2025
Sold by
Hancock Roger C
Bought by
Lindquist Development Co Inc
Seller's Agent
Marilyn Brown
Where, Inc
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$2,693,670
Sold Price
$750,000
Premium/Discount to List
-$1,943,670
-72.16%
Total Days on Market
390
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.61%

Purchase Details

Closed on
Dec 14, 2023
Sold by
Eck Noel Forrest
Bought by
Burke Pamela J and Hancock Roger C

Map

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 Type Sale Price Title Company
Personal Reps Deed $500,000 Wfg Title
Personal Reps Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $750,000 -26.5% $526 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
11/01/2024 11/01/24 Price Changed $1,020,000 -47.7% $715 / Sq Ft
06/19/2024 06/19/24 Price Changed $1,950,000 -27.6% $1,367 / Sq Ft
02/13/2024 02/13/24 For Sale $2,693,670 -- $1,889 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,617 $204,020 $0 $0
2022 $5,284 $198,080 $0 $0
2021 $5,195 $192,320 $0 $0
2020 $4,765 $186,720 $0 $0
2019 $4,590 $181,290 $0 $0
2018 $4,455 $176,010 $0 $0
2017 $4,270 $170,890 $0 $0
2016 $3,908 $165,920 $0 $0
2015 $3,805 $161,090 $0 $0
2014 $3,748 $156,400 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24385268

Regional Multiple Listing Service (RMLS)

APN: R329031