$500,000

Estimated payment $3,361/month

Total Views 2,918
2 Beds
1 Bath
696 Sq Ft
$718 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Territorial View
  • High Ceiling
  • 1.14 Acre Lot
  • Wood Flooring
  • Private Yard

About This Home

Prime Development Opportunity – 1+ Acre Zoned R7 Seize the chance to own over an acre of level, developable land in a highly sought-after location, just moments from schools, shopping, and major commuter routes. Zoned R7 (buyer to verify), this property offers the potential for up to 7 units per acre, making it ideal for a short plat, townhome development, or long-term investment. Buyers do their due diligence. Included is a 2BD/1BA home, offering immediate rental income or a residence during your planning and permitting stages. The flat topography, proximity to utilities, and strong development potential make this an outstanding opportunity. Priced competitively to sell quickly don’t miss out on this exceptional investment!

Listing Agent

Kevin Truong

Call it Closed International, Inc Brokerage Phone: 503-998-7088 License #200606224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 1953

Lot Details

  • 1.14 Acre Lot
  • Level Lot
  • Private Yard
  • Property is zoned R7

Parking

  • 1 Car Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Territorial Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Kelly Elementary School
  • Lane Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R146045

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,742

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1953
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Pantry
  • Room 12 Features: HardwoodFloors
  • Room 13 Features: HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, HighCeilings, Laundry
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 80
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: RVParking, Yard
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level, LightRail
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OffStreet, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle Or Junior School: Lane

Lot Info

  • Zoning: R7
  • Land Lease: No
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49658.0
  • Parcel #: R146045

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 1000

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6741.65

Map

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

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 $6,742 $251,950 $0 $0
2022 $6,532 $244,620 $0 $0
2021 $6,421 $237,500 $0 $0
2020 $5,844 $230,590 $0 $0
2019 $5,533 $223,880 $0 $0
2018 $5,508 $217,360 $0 $0
2017 $5,279 $211,030 $0 $0
2016 $4,831 $204,890 $0 $0
2015 $4,704 $198,930 $0 $0
2014 $4,633 $193,140 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $500,000 +51.5% --
11/13/2018 11/13/18 Sold $330,000 -2.9% $474 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $339,900 -- $488 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 First American Title
Warranty Deed $155,000 Ticor Title
Warranty Deed $200,000 Pacific Nw Title
Interfamily Deed Transfer -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $235,620 New Conventional
Previous Owner $30,000 Stand Alone Second
Previous Owner $160,000 Fannie Mae Freddie Mac
Previous Owner $61,800 Purchase Money Mortgage
Source: Public Records

Similar Homes in Portland, OR

  • 2130 NE 158th Ave, Portland, OR 97230

    $514,900

    • 3 Beds
    • 2.5 Baths
    • 2,171 Sq Ft
    • 2130 NE 158th Ave
    • Portland, OR

    Price reflects sellers motivation! Currently contingent on their next purchase in the community. Meticulously maintained with a transferable home warranty for all appliances and more. Fencing or hedges can be added to backyard for pets, Agent has attached rules in MLS. Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom home in the highly sought-after 55+ Summerplace community.

    Shelby Mullan Works Real Estate

    Section Image
  • 7906 SE Woodstock Blvd, Portland, OR 97206

    $549,900

    • 3 Beds
    • 2 Baths
    • 2,419 Sq Ft
    • 7906 SE Woodstock Blvd
    • Portland, OR

    Completely Updated Beautiful Craftsman Home! Located in the Woodstock and Mt. Scott-Arleta come see this perfectly blended classic Portland home charm with modern comfort and a strong sense of community. Inside, you’ll find a welcoming layout with sunlit living spaces, vintage character, and contemporary updates throughout. The updated kitchen is the heart of the home—ideal for experimenting

    Jennifer Smeller Keller Williams Premier Partners

    Section Image
  • 5617 SE Rural St, Portland, OR 97206

    $389,999

    • 3 Beds
    • 1 Bath
    • 1,380 Sq Ft
    • 5617 SE Rural St
    • Portland, OR

    Join the vibrant community of South East Portland's Woodstock area. This bungalow is situated on a generously sized lot featuring an extended driveway and a fenced yard. Inside, you will discover original charm, hardwood floors, and character throughout. The property includes two bedrooms with an additional area that could serve as a third bedroom or a spacious master suite. The basement provides

    Jordan McAllister MORE Realty

    Section Image
  • 5254 SE 74th Ave, Portland, OR 97206

    $418,000

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft
    • 5254 SE 74th Ave
    • Portland, OR

    Artsy one-of-a-kind vintage one-level cottage AND detached art studio or 2nd bedroom or home office with skylights and garden views. Potential mixed use! Way better than a condo and great new price! Shown by easy appointment through your broker-no open house scheduled. Spacious fenced yard with trees & sun. Near Foster and Woodstock food carts, shops & cafes. Beautiful wood floors, original trim

    Laurie Sonnenfeld Laurie Sonnenfeld Realty

    Section Image
  • 4230 SE 73rd Ave, Portland, OR 97206

    $454,999

    • 2 Beds
    • 1 Bath
    • 1,010 Sq Ft
    • 4230 SE 73rd Ave
    • Portland, OR

    Charming 1-story bungalow in the heart of the desirable Middlesex neighborhood. This light-filled 2-bedroom, 1-bath home offers an open-concept layout with beautiful hardwood floors throughout the main living area and one of the bedrooms. Fresh interior paint enhances the airy feel of the space. The updated kitchen features stainless steel appliances, an eat bar, pantry, and stylish new fixtures.

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 5328 SE 41st Ave, Portland, OR 97202

    $565,000

    • 2 Beds
    • 2 Baths
    • 1,820 Sq Ft
    • 5328 SE 41st Ave
    • Portland, OR

    Fabulous, one-of-a-kind Bungalow in the heart of Woodstock! This 2 bed / 2 bath home beautifully blends charming period details with modern, stylish design. A thoughtful floor plan offers comfortable one-level living, with both bedrooms, bathrooms, and spacious living areas all on the main floor. From the charming living room with wood floors and a cozy wood-burning fireplace, enter into the

    Becky Love John L Scott Portland SW

    Section Image
  • 5020 SE Bush St, Portland, OR 97206

    $575,000

    • 3 Beds
    • 1 Bath
    • 1,568 Sq Ft
    • 5020 SE Bush St
    • Portland, OR

    Welcome to this beautiful remodeled gem in the desirable neighborhood of Southeast Portland. This inviting home effortlessly blends classic character with modern comforts. Step inside and you will be greeted by a cozy living room and an open concept kitchen/dining room. This gem has been fully remodeled, updates include flooring, paint, kitchen, appliances, bathrooms, cabinets, doors and many

    Cynthia Fneish Networth Realty Of Portland

    Section Image
  • 13727 SE Raymond St, Portland, OR 97236

    $499,900

    • 3 Beds
    • 2 Baths
    • 2,752 Sq Ft
    • 13727 SE Raymond St
    • Portland, OR

    Investorsand homeseekers, don't miss this one! With a new roof, new garage door, new oven and stove and newer sewer line, add some updating and this one will shine. Great bones. Two brick fireplaces (main, lower floor). Mostly finished daylight basement, large lot with RV pad and dump. Plenty of parking in driveway. Private yard and beautiful 60 yr rhododendron, Niagara Grapes. Nice layout on

    Amy Lindseth eXp Realty, LLC

    Section Image
  • 3242 SE 131st Ave, Portland, OR 97236

    $583,500

    • 4 Beds
    • 1 Bath
    • 2,676 Sq Ft
    • 3242 SE 131st Ave
    • Portland, OR

    Incredible opportunity for spacious living within the heart of Powellhurst-Gilbert! TWO detached Shop/garages on OVER 1/3 ACRE Within minutes of the Powell Butte Nature Park! TWO spacious bedrooms and full bath on the main, large kitchen w/breakfast nook and cook's island, Two additional bedrooms upstairs w/ landing and additional storage and a full, partially finished basement with room to grow!

    Heather Mansy eXp Realty, LLC

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 503285197

Regional Multiple Listing Service (RMLS)

APN: R146045