PORTLAND, Ore. – A 102-year-old single-family home in the Eastmoreland neighborhood of Southeast Portland has received a demolition permit, and will be replaced with a new house built by a developer involved in other Eastmoreland demolitions.
The house, built in 1913, is located at 3660 SE Nehalem St. At 1,065 square feet it is one story tall and sits on a 5,000-square-foot lot.
On Feb. 6 the house sold for $262,500. Before that sale it had most recently sold for $18,500 in 1998. The 2015 buyer was Renaissance Custom Homes LLC.
On Feb. 11 the developer applied for demolition of the 1913 house. The demolition permit was approved and issued the same day, as the developer plans to replace the house with a single new two-story residence with an attached garage.
No trees are allowed to be removed with the granted permit.
Renaissance Custom Homes, which advertises itself as “the largest builder of 100 percent green new homes in Portland, Oregon,” is registered to Randal Sebastian, listed at an address in Lake Oswego. This development company is very active around Portland, including at a nearby Eastmoreland site that became a controversial demolition in July.
That project, located at 3620 SE Rural St., has moved forward: the demolition occurred, the lot was split into two roughly 3,300-square-foot parcels and the two new houses are finishing up construction.
In 1962 the Southeast Nehalem Street home was advertised for sale for $7,950, suggesting that in the 36 years between 1962 and 1998 it rose $10,550 in price, whereas in the 17 years between 1998 and 2015 it rose $244,000 in price.
The permit for new construction is still under review.