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610 Holmes Ln, Oregon City, OR 97045 — photograph 1

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610 Holmes Ln, Oregon City, OR 97045 — photograph 1

610 Holmes Ln, Oregon City

$310,000

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ActiveMLS®: 136745979Listing held by another brokerage, marked RMLS
Property type
Land
Days on market
34

Overview

Rare opportunity to acquire three permit-ready residential lots offered together as one package in Oregon City! Middle Housing Land Division (MHLD) is expected to be completed at the time of closing (~2 months). Oregon City and Clackamas County allow MHLD to be finalized and recorded prior to construction, providing buyers with the flexibility to develop after the fact. Architectural plans for 3 detached units, soil report, site plan, and all related project information are available upon request. Each future unit has been appraised at $575,000, with an appraised lot value of $150,000 per lot.Seller is open to short-term seller carry financing for qualified buyers who prefer to submit their own architectural plans to the city. A unique opportunity for builders, developers, or investors seeking a 'ready to develop' residential land package.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot features
Flag Lot
View
No

Schools

High school
Oregon City
Middle school
Gardiner
Elementary school
Gaffney Lane

Location

City
Oregon City
County
Clackamas
Zoning
R-6

Location

610 Holmes Ln, Oregon City, OR 97045

Map showing the location of 610 Holmes Ln, Oregon City, OR 97045
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,882 /mo

20% · $62,000
7.00%
Principal and interest
$1,650
Property tax (estimated)
$233
Total
$1,882

Estimate only, and not an offer of credit. Assumes 20% down ($62,000) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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