PORTLAND, Ore. – A 91-year-old house in the North Tabor neighborhood of Northeast Portland will be demolished and likely replaced by multiple new residences, very similar to a redevelopment process that recently took place just down the street from the site.
Located at 122 NE 57th Ave., the house was built in 1924 and sits on a 5,901-square-foot lot. The residence itself is 860 square feet in size.
There are no recent property transactions recorded by the city or county, with the most recently listed sale taking place in 1993 when the lot sold to Ellen King for $52,000.
But real estate database Zillow recorded a sale of the property on July 24 for $290,000. This is about $36,000 less than the website’s estimate of the property’s market value, but is very near the city’s estimate of it’s market value last year.
On Aug. 7 the Bureau of Development Services received an application for demolition of the 91-year-old house. The property owner is listed on the application as Francis Gaudette of Kimco Properties, registered in Sandy. The contractor is the same company, while the applicant is Kevin Partain of permit fast-tracking company Urban Visions.
While there have been no applications for construction submitted, a lot confirmation application, along with the site’s zoning, offers some insight into the future of the property.
On Aug. 12 the city received an application to confirm two underlying lots of record on the site. The current lot, at just under 6,000 square feet, is located in an R2 zone, meaning future land partitions must result in lots at least 2,000 square feet in size. The developer’s confirmation of two lots of record suggests there will only be two residences built and therefore that current zoning will not be circumvented through the use of underlying lots, which has occurred at other sites around the city.
Still, opening lots of record rather than applying for a new land division goes through a different process. New land divisions are subject to a waiting period, and opportunity for public comment and formal appeal.
Opening underlying lots, on the other hand, goes through an “administrative review” and does not require the same public notice and opportunity for formal appeal.
The demolition is subject to the 35-day delay and will likely expire Sept. 11.
Down the street from this house, two homes, a 1924 house at 214 NE 57th Ave. and a 1913 home at 200 NE 57th Ave. were previously razed and replaced with five new skinny houses.
The house at 214 NE 57th Ave. sold to Wilde Properties in 2013 for $300,000, before selling again to PDX Redevelopment LLC in 2014 for $348,000 and being demolished and replaced by three skinny homes that sold for a combined total of $1,189,750.
Wilde Properties is registered to Mark and Erika Wilde. This company has previously flipped properties that were reported on by the Portland Chronicle. PDX Redevelopment LLC is registered to Dan Grunewald.
The 1924 house’s neighbor at 200 NE 57th Ave. sold to Dilusso Homes LLC for $187,000.
It was demolished and replaced with two skinny houses that sold for a combined total of $740,400. Dilusso Homes is registered to Vlad Rudnitsky, who is also affiliated with Structure Redevelopment LLC. Dilusso Homes’ business license remains active, but its CCB license has expired.
Five skinny homes now stand in place of the two demolished residences.