Update: Concordia Home Leveled to the Ground

PORTLAND, Ore. – A house built in 1926 in the Concordia neighborhood has been torn down by a developer with plans to install a single new house on the property.

Photo credit: Portland Chronicle

Photo credit: Portland Chronicle

Located at 4942 NE 35th Ave., the one-story 89-year-old house sat on a 5,000-square-foot lot.

On March 17 the county recorded a sale of the property, which was under ownership of an estate. It sold to Oregon Homeworks LLC for $262,125, a price that is about $3,000 less than the city’s estimate of the property’s 2014 real market value and is $40,000 less than Zillow’s “Zestimate” of the property’s market value.

Photo credit: Portland Chronicle

Photo credit: Portland Chronicle

The house was demolished after receiving a permit June 24, with Oregon Homeworks LLC listed as the contractor.

There are two underlying lots of record on the property, but because it is a 5,000-square-foot lot in an R5 zone, underlying lots must be a minimum of 3,000 square feet, meaning there is not enough land to allow two lots to be reopened for development.

Photo credit: Portland Chronicle

A permit for new construction of a two-story single-family house with an attached garage is “approved to issue.”

Oregon Homeworks LLC is registered to Eric Thompson with its principal place of business located at 10940 SW Barnes Road #339.

Photo credit: Portland Chronicle

The demolished house was located in an alternative design density overlay zone, which aims “to focus development on vacant sites, preserve existing housing and encourage new development that is compatible with and supportive of the positive qualities of residential neighborhoods,” according to the Bureau of Planning and Sustainability.

Existing housing does not seem to have been preserved in this case.