NOT LISTED FOR SALE

Estimated Value: $306,000 - $398,000

0.11 Acre
$3,275,336 Price per Acre
4,791 Sq Ft Lot

Last Sold April 29, 2024

Last sale price $265,000 $311 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,255/month

1 Day on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • No Heating
  • Cleveland High School Rated A-

About This Lot

As of April 2024

Exceptional property offering a great opportunity for developers and investors alike! Situated in a sought-after neighborhood known for its convenience and amenities, this .11 acre lot has so many possibilities for savvy visionaries. There is a 1 bedroom, 1 bathroom home with 852 sq ft on the property but the true value lies in the land, which presents a blank canvas for your dream project. With mature fruit trees adorning the landscape, the charm and potential of this parcel are unmistakable. In a neighborhood with a "very walkable" and "biker's paradise" rating, residents enjoy seamless access to nearby schools, multiple parks, renowned restaurants, and vibrant shopping destinations. Golf enthusiasts will appreciate the proximity to the Eastmoreland Golf Course, while students and faculty will find Reed College a mere 5 minutes away. Whether you envision crafting a luxury residence, townhome, or a custom-designed estate, seize the opportunity to create something truly remarkable in this prime locale.

Last Agent to Sell the Property

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 03/16/2024

Keller Williams PDX Central

Co-Listed By

Philip Triem

Keller Williams PDX Central License #201002013

Last Buyer's Agent

Vitaly Sukhanov

MORE Realty License #201243693

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,686

Year Built

  • 1934

Lot Details

  • 4,791 Sq Ft Lot
  • Landscaped with Trees
  • Property is zoned R2.5

Schools

  • Woodstock Elementary School
  • Kellogg Middle School
  • Franklin High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R289641

Property Details

Property Type

Land

Est. Annual Taxes

$2,686

Year Built

1934

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
  • Special Features: VirtualTour
  • Year Built: 1934

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Woodstock
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: R2.5
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R289641

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2685.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Provision Investments Inc
Bought by
Provision Group Llc
Total Days on Market
1
Current Estimated Value
$360,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,176,000
Outstanding Balance
$1,176,000
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$815,713

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 23, 2024
Sold by
Sheridan William J
Bought by
Provision Investments Llc
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Vitaly Sukhanov
MORE Realty
List Price
$290,000
Sold Price
$265,000
Premium/Discount to List
-$25,000
-8.62%
Views
410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.88%
Original Mortgage
$198,750
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2019
Sold by
Vanhoomissen John K
Bought by
Sheridan William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2001
Sold by
Schuurman Donna L
Bought by
Vanhoomissen John K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,450
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2000
Sold by
Schuurman Richard J
Bought by
Schuurman Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.83%
Mortgage Type
Credit Line Revolving
Source: Public Records

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 Buyer Sale Price Title Company
Provision Group Llc -- Fidelity National Title
Provision Investments Llc $265,000 Ticor Title
Sheridan William J $260,000 Old Republic Title
Vanhoomissen John K $124,700 Chicago Title
Schuurman Donna L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provision Group Llc $1,176,000
Previous Owner Provision Investments Llc $198,750
Previous Owner Sheridan William J $169,000
Previous Owner Vanhoomissen John K $193,600
Previous Owner Vanhoomissen John K $72,192
Previous Owner Vanhoomissen John K $126,000
Previous Owner Vanhoomissen John K $118,450
Previous Owner Schuurman Donna L $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $265,000 -8.6% $311 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $290,000 -- $340 / 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 $2,793 $101,350 $0 $0
2022 $2,628 $98,400 $0 $0
2021 $2,583 $95,540 $0 $0
2020 $2,370 $92,760 $0 $0
2019 $2,283 $90,060 $0 $0
2018 $2,216 $87,440 $0 $0
2017 $2,124 $84,900 $0 $0
2016 $1,943 $82,430 $0 $0
2015 $1,893 $80,030 $0 $0
2014 $1,864 $77,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24681824

Regional Multiple Listing Service (RMLS)

APN: R289641