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$2,190,000

Beds
3
Baths
2.5
sq ft
3,220

13450 NW Springville Ln, Portland, OR 97229

13450 NW Springville Ln

Portland, OR 97229

  • 40 days on market
This parcel, spanning 2.64 acres, includes a 3,200 square foot, two-story, single-family residential structure erected in 1983. The house is a concrete, earth sheltered structure with passive solar heating. Situated within Washington County, at the edge of and within the Urban Growth Boundary (UGB), the area is zoned R-6. The property is a picturesque, tranquil setting with a north facing view away from the dense residential Bethany neighborhood. The unspoiled hilly acreage is an independent lot that was part of a 56 acre family farm no longer in business. With native cedar and fir trees that exude a pastoral feel and views of nearby farms and Forest Park, the property is in convenient proximity to downtown Portland. Located on the hillside, it is a testament to 1980s' sustainable architecture featuring a green roof. The property can retain its current single- family house, or be redeveloped into 13 to 16 homes with the option of additional units under the current Middle Housing ordinance. Buyers to provide their own due diligence. Property developers are encouraged to consider the potential of this promising land.

Details

Property type

Single Family Residence

Est. home value

$2,145,043

Property condition

Fixer

Lot size

2.64 acres

Price per sq ft

$681

Year built

1983

Annual property taxes

$6,452.38

Price History

11/12/2024
PortlandOR

PortlandOR #24247253

Listed
$2,190,000
10/01/2024
PortlandOR

PortlandOR #23497195

Removed
$2,190,000
08/05/2024
PortlandOR

PortlandOR #23497195

Removed
$2,190,000

Schools & Community

Elementary school: 

Jacob Wismer

Middle school: 

Stoller

High school: 

Sunset

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

January 2012

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Credit Line (Revolving), 30 year

Seller

Gregory P Malinowski and Jonella K Malinowski

Lender

Wells Fargo Bank Na

Loan start date

December 2011

Original loan amount

$75,000

Est. remaining balance

$17,683

Interest rate

3.3%

Loan type

New Conventional, 16 year

Seller

Jonella K Malinowski and Gregory P Malinowski

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 3:25 AM

Listing updated: 12/16/2024 at 7:46 PM

Listed by: Richard Ramer, Engel & Volkers West Portland Phone #: (503) 303-5917

MLS: PortlandOR #24247253

PortlandOR logo

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