7602 N EMERALD AVE $1,150,000

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    7602 N EMERALD AVE Portland, OR 97217

    Sold
    SOLD 4/20/2020

    $1,150,000

    • 0.74 Acres
    • Vacant Land
    • Listing# 20473732
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    Views: 28

    Property Details

    Fully cleared and ready to go, this is a redevelopment opportunity that doesn't come along every day! 7602 N Emerald is the perfect spot for new residential development. A quiet tree lined street w/ excellent new construction comps at high exit value in the area. Zoning on the property will change to mostly RM1 allowing greater development flexibility. The base FAR of 1:1 allows for 29,000+ sf of building floor area and bonus FAR is available for affordable housing units and other options.

    • General Features
      • Acres 0.74
      • Area Portland North
      • Bank Owned Y/N No
      • Country US
      • Hoa Y/N No
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 0.00
      • Terms Call Listing Agent,Cash
      • Third Party Approval Y/N No
      • Utilities Natural Gas Available,Electricity Available,Water Available,Phone Available
      • View Y/N No
      • WaterFrontYN No
      • Zoning R2/R5
    • Building Features
      • Existing Structures Description None
      • Existing Structures Y/N Yes
    • Room Features
      • Legal Description PENINSULAR ADD 5, BLOCK 71&72 TL 8400
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Trees,Public Road
      • Lot Size 20,000 SqFt to .99 Acres
      • Property Category Land
      • Property Type Single Family Residence
      • Road Surface Paved
      • Topography Graded,Level
    • Schools
      • Elementary School Peninsula
      • High School Jefferson
      • Middle School Ockley Green

    Neighborhood

    97217 (Portland) Demographics

    37 Median Age
    2,505 Population Density (per sq. mile)
    54% College Educated
    $61,830 Estimated Median Income
    8,480 Estimated Total Home Owners
    5,314 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,371 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $500,000 Median Sales Price
    72 Homes Sold
    107 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        4/20/2020 12:00:00 AM Sold Source New Value: $1,150,000
        3/23/2020 8:51:51 PM Status Changed Source New Value: Pending
        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Meadows Group Inc., Realtors are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. This content last updated on 8/8/2020 7:55:13 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.