$1,500,000

Estimated payment $8,660/month

Total Views 6,310
0.3 Acre
$5,000,000 Price per Acre
13,068 Sq Ft Lot

Highlights

  • City View
  • Landscaped with Trees
  • Property is near a bus stop
  • No HOA
  • Shed
  • Garage

About This Lot

Builder and developer investment alert! Property is in quite an opportunity zone. Value in the land. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Tenants in property now. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic. Fenced and gated.

Listing Agent

Jan Lundy

Berkshire Hathaway HomeServices NW Real Estate Brokerage Phone: 503-668-8050 License #200411003 Listed on: 11/29/2024

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,315

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RHT, RX

Property Views

  • City
  • Woods
  • Seasonal

Home Design

  • Mixed Use

Parking

  • Garage
  • Driveway

Schools

  • Vestal Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Additional Features

  • Residence on Property
  • Property is near a bus stop
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R179237

Community Details

Overview

  • No Home Owners Association
  • Hermon Heights Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$4,315

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Waterfront: No
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: LightRail, OnBusline, PublicRoad, Trees
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Other Structures: Driveway, Fenced, Garage, Residence, Shed, Sidewalk
  • View: City,Seasonal,TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, NaturalGasAvailable, PhoneConnected, SewerConnected, WaterConnected
  • Internet Service Type: Satellite
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Vestal
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: RHT, RX
  • Present Use: Residential
  • Perc Test Description: None
  • Perc Test: No
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.3
  • Lot Size: 13,230 SF
  • Lot Size Sq Ft: 13068.0
  • Number Of Lots: 1
  • Parcel #: R179237

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4315.36
  • Tax Opportunity Zone: Yes

Map

Range of Values:

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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 $4,128 $175,630 $0 $0
2022 $3,913 $170,520 $0 $0
2021 $3,849 $165,560 $0 $0
2020 $3,487 $160,740 $0 $0
2019 $3,376 $156,060 $0 $0
2018 $3,272 $151,520 $0 $0
2017 $3,151 $147,110 $0 $0
2016 $3,068 $142,830 $0 $0
2015 $2,995 $138,670 $0 $0
2014 $2,938 $134,640 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2024 11/29/24 For Sale $1,500,000 0.0% --
11/29/2024 11/29/24 For Sale $1,500,000 -- $573 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $176,000 New Conventional
Closed $182,000 Unknown
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24494866

Regional Multiple Listing Service (RMLS)

APN: R179237