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  • $549,000

    12505 NW Germantown Rd, Portland, OR 97231

    --beds
    0baths
    5.28Acres
    Unimproved Land
    Built in ----
    5.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Stunning tualatin valley viewsSerene elevated locationPrivacy in a forest
    Prime Vacant Land with Stunning Tualatin Valley views. All land use permits new as of Dec 2024 and valid through Dec 2026. Construction permits can be approved in approximately 30 days. Note that the land use permits required almost 18 months. This represents a significant investment as a prerequisite to construction. Approved new home design of a 5 bedroom, 6 bath luxury home of 3,500 sq ft. With 800 ft drive way providing privacy in a forest. It includes approvals for city water, septic system, and minor updates to the existing driveway. Enjoy a serene, elevated location just 30 minutes to PDX, 20 minutes to Downtown Portland, and 15 minutes to Providence Hospital. A rare chance to build your dream home close to Nike, Intel, and all the city’s amenities—without sacrificing privacy or breathtaking views.
    254 days
    |
    225
    |
    18
    |

    Zillow last checked: 8 hours ago

    Listing updated: June 26, 2025 at 06:59am

    Listed by:

    Reed Bright 503-927-7110,

    Matin Real Estate

    Source: RMLS (OR),MLS#: 248289967MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Territorial, Trees/Woods, Valley
    Lot
    • Size: 5.28 Acres
    • Features: Trees, Wooded, Gentle Sloping, Acres 5 to 7
    Details
    • Parcel number: R324037
    • Zoning: RR

    Utilities & green energy

    • Utilities for property: Electricity Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Tax assessed value: $491,500
    • Annual tax amount: $4,055
    • Date on market: 4/3/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    4/3/2025Listed for sale$549,000+103.3%
    Source: RMLS (OR) #248289967 Report a problem
    4/3/2023Sold$270,000-9.4%
    Source: RMLS (OR) #22361163 Report a problem
    2/10/2023Pending sale$298,000
    Source: RMLS (OR) #22361163 Report a problem
    1/1/2023Listed for sale$298,000+45.4%
    Source: RMLS (OR) #22361163 Report a problem
    11/25/2015Sold$205,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$4,255 +4.9%$212,080 +3%
    2024$4,055 +2.6%$205,910 +3%
    2023$3,951 +3.2%$199,920 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 97231

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Skyline
    • Middle: Skyline
    • High: Lincoln

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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