Welcome to Cottages on Franklin, Snug’s latest development located in the highly popular Richmond neighborhood with all of its shops, restaurants and amenities. Don’t miss your opportunity to advance purchase this detached single family home. The Waltz plan features a rare primary bedroom on the main floor! In total, the plan offers 3BR and 1.1BA across 1128sf and is built with uncompromised quality and true architectural design by Snug, Portland’s premier cottage developer. You must see the home to appreciate all of the designer finishes and upgrades compared to the typical new build. It has a TRULY PRIVATE, FENCED AND FULLY LANDSCAPED YARD, so bring your pets! The layout lives large with its welcoming covered front porch, open concept plan and slider leading to a private rear patio year-round entertaining. The main floor boasts sleek polished concrete flooring and a modern kitchen with stainless appliances, slab quartz counters, and custom tile. The light-filled upper level offers two additional bedrooms with vaulted ceilings and full built-in closet organizers, a rare bonus room, along with a tile-accented bathroom. LOADS OF STORAGE with a large pantry and extra closets throughout, and is pre-wired for seamless internet connection. Climate control is effortless and ultra-efficient via a high-efficiency mini-split heat pump system with independent controls for each bedroom and the main floor. The home is all electric with a heat pump water heater, Energy Star Certified and pre-plumbed for future solar panels that could make the home truly net-zero. Total energy bill estimated at JUST $81 PER MONTH! HES=10. This home offers the ultimate in low-maintenance, turn-key living. Step inside a Snug home and you'll immediately notice the difference. Live in one, and you'll truly appreciate the details.
Active
Price cut: $24K (9/11)
$475,000
4124 SE Franklin St, Portland, OR 97202
3beds
1,128sqft
Residential, Single Family Residence
Built in 2026
-- sqft lot
$-- Zestimate®
$421/sqft
$-- HOA
What's special
Rare bonus roomOpen concept planCustom tileVaulted ceilingsFull built-in closet organizersTile-accented bathroomLight-filled upper level
- 37 days
- 661
- 33
Zillow last checked:
Listing updated:
Listed by:
Jason De Paz 503-347-7283,
Realty One Group Prestige
Source: RMLS (OR),MLS#: 695419744
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Sliding Doors, High Ceilings
- Level: Main
Bedroom 2
- Features: Closet, Vaulted Ceiling, Wallto Wall Carpet
- Level: Upper
Bedroom 3
- Features: Closet, Vaulted Ceiling, Wallto Wall Carpet
- Level: Upper
Dining room
- Level: Main
Kitchen
- Features: Dishwasher, Disposal, Eat Bar, Island, Microwave, Free Standing Range, High Ceilings, Plumbed For Ice Maker, Quartz
- Level: Main
Living room
- Features: High Ceilings
- Level: Main
Heating
- Mini Split
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Electric Water Heater
Features
- High Ceilings, Hookup Available, Quartz, Vaulted Ceiling(s), Closet, Eat Bar, Kitchen Island, Bathroom, Tile
- Flooring: Concrete, Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
Interior area
- Total structure area: 1,128
- Total interior livable area: 1,128 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Natural Lighting, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Patio, Deck, Porch
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Features: Commons, Terraced, Sprinkler, SqFt 0K to 2999
Details
- Additional structures: HookupAvailable
- Parcel number: New Construction
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Sidewalk
- Subdivision: Richmond
HOA
- Has HOA: No
- Amenities included: Insurance
Location
- Region: Portland
Financial & listing details
- Price per square foot: $421/sqft
- Tax assessed value: $458,220
- Annual tax amount: $1
- Date on market: 8/27/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $475,000-4.8%$421/sqft |
Source:  RMLS (OR) #695419744 Report a problem | ||
| 8/27/2026 | Listed for sale | $499,000-15.4%$442/sqft |
Source: RMLS (OR) #695419744 Report a problem | ||
| 1/17/2025 | Sold | $590,000$523/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,470 -35.6% | $165,900 -36.1% |
| 2024 | $6,943 +4% | $259,500 +3% |
| 2023 | $6,676 +2.2% | $251,950 +3% |
| 2022 | $6,532 +1.7% | $244,620 +3% |
| 2021 | $6,421 +9% | $237,500 +3% |
| 2020 | $5,891 +3.8% | $230,590 +3% |
| 2019 | $5,674 | $223,880 +3% |
| 2018 | $5,674 +3% | $217,360 +3% |
| 2017 | $5,508 +14% | $211,030 +3% |
| 2016 | $4,831 | $204,890 +3% |
| 2015 | $4,831 +2.7% | $198,930 +3% |
| 2014 | $4,704 +3.9% | $193,140 +3% |
| 2013 | $4,526 +10.5% | $187,520 +3% |
| 2012 | $4,094 +3.9% | $182,060 +3% |
| 2011 | $3,940 +5.4% | $176,760 +3% |
| 2010 | $3,738 +2.7% | $171,620 +3% |
| 2009 | $3,640 +6% | $166,630 +3% |
| 2008 | $3,435 +0.3% | $161,780 +3% |
| 2007 | $3,425 +11.4% | $157,070 +3% |
| 2006 | $3,076 +4.7% | $152,500 +3% |
| 2005 | $2,938 -8.2% | $148,060 +3% |
| 2004 | $3,200 +2.3% | $143,750 +3% |
| 2003 | $3,129 +8.9% | $139,570 +3% |
| 2002 | $2,874 +7.4% | $135,510 +6.1% |
| 2000 | $2,676 +7.6% | $127,740 +3% |
| 1999 | $2,488 | $124,020 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Richmond
Nearby schools
Schools provided by the listing agent
- Elementary: Creston
- Middle: Hosford
- High: Franklin
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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