Demolition Approaches for 1926 Concordia Home

PORTLAND, Ore. – An 89-year-old house in the Concordia neighborhood of Northeast Portland is nearing the end of its demolition delay period and is planned to be replaced with one new single-family residence.

Photo credit: Portland Chronicle

Located at 4942 NE 35th Ave., the house was built in 1926 on a 5,000-square-foot lot. The house itself totals 905 square feet.

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

Zillow also lists a subsequent May 19 sale of the property for $265,000, although future permit intakes suggest it retains ownership by the same development company.

On May 13 the city received an application for new construction on the property, of a two-story single-family house with an attached garage. Five days later an application was submitted for demolition of the 89-year-old house.

Photo credit: Portland Chronicle

The owner and contractor on both permits is Oregon Homeworks LLC, registered to Eric Thompson. The applicant is Mike Coyle of permit fast-tracking company Faster Permits.

The demolition permit intake states that certification is required regarding asbestos and lead-based paint and that this information must be submitted prior to issuance of the permit. The demolition delay ends June 23.

The Concordia home is located within an alternative design density overlay zone, the purpose of which is to “focus development on vacant sites” and to “preserve existing housing” among other goals.

Photo credit: Portland Chronicle

The Portland Chronicle previously reported on an Oregon Homeworks LLC project in the Sellwood neighborhood, where the developer and its building partner Ostercraft Homes demolished a 1903 house for construction of a new single-family residence.

The 1903 house at 1144 SE MIller St. was purchased by the developer for $255,000, demolished, replaced by a new house and now has a sale pending for $749,000.

Photo credit: Portland Chronicle

Photo credit: Portland Chronicle