Another Reduction - 4094 NE 34th now $299k

Back on the 5th we were discussing 4904 NE 34th. Today the price was lowered again to $299k.

There are now three houses for sale on this corner, and another one just a few houses up the street.

MLS #8021247

Check out That Property Line - 4904 NE 34th Ave.

This cute little house (MLS # 8021247) was bought and "restored" this past year and is now back on the market.

You could have bought it last March for $361k, and got a cute albeit dated house and garage on a nice large 7500 square ft lot.

Now you can buy the "restored" version, sans garage and most of it's lot, for only $329k, just marked down from $349k.

And there is something fishy going on with the lot lines. I'm not sure why they laid out the lots like they did, but it must have been to make each lot 2500 square feet. - see Portland Map Link

What the photos don't show are the two new houses that loom just a few feet from this poor house. Oh, and it's listed as Beaumont/Wilshire, but it's actually in Concordia, which changes school districts.

I'm sure this will come up again, but this house leaves me conflicted. I'm a fan of infill and urban density, walk-ability, etc. But somehow executions like this just leave me cold.