Sold4012 SE Lincoln St
$865,000
3 bd · 2 ba · 1,920 sq ft
1912 Craftsman, restored porch and original built-ins. Eleven offers; sold 7% over list in five days.
Southeast Portland homes, sold with honest pricing and very good photographs.
I’ve sold homes in Southeast Portland for twelve years. I price carefully, prepare houses properly and tell sellers the truth about what buyers will notice.
Each one is from a developer with escrow registered at the DLD. I’ve read the sale and purchase agreement and checked the handover clause.
Sold$865,000
3 bd · 2 ba · 1,920 sq ft
1912 Craftsman, restored porch and original built-ins. Eleven offers; sold 7% over list in five days.
For sale$1,140,000
4 bd · 3 ba · 2,610 sq ft
Architect-built 2016 modern on a corner lot in Sellwood. South-facing glazing, ADU over the garage.
Sold$598,000
2 bd · 1 ba · 1,140 sq ft
A first home for two nurses after nine lost offers elsewhere. Won with a clean offer and a flexible rent-back.
Sold$489,000
1 bd · 1 ba · 880 sq ft
Top-floor loft with 14ft ceilings and a shared roof deck.
The steps are always in this order. I handle the paperwork at each one and send you a summary before you sign.
Pay the booking amount, usually 10–20%, into the project’s escrow account. Never to a personal account.
Week 1The sale and purchase agreement fixes the price, plan and handover date. I mark every clause that matters.
Weeks 1–3The DLD records your unit. The 4% transfer fee is paid at this stage, not at handover.
Within 30 daysInstalments fall due as construction reaches set stages. I send you the site photos at each one.
During constructionWe inspect the finished unit together, list the defects and make sure they’re fixed before you take the keys.
HandoverChoose a price and a plan. The schedule shows what falls due at each stage, including the DLD fee at registration.
Typical milestone splits. Each developer’s SPA sets the exact dates.
| Stage | Due | Share | Amount |
|---|---|---|---|
| DLD fee (4% + AED 580) | Oqood registration | — | AED 35,180 |
| Booking | On signing | 10% | AED 86,500 |
| Oqood registration | Within 30 days | 10% | AED 86,500 |
| 20% construction | Q3 2025 | 10% | AED 86,500 |
| 40% construction | Q1 2026 | 10% | AED 86,500 |
| 60% construction | Q3 2026 | 10% | AED 86,500 |
| 80% construction | Q1 2027 | 10% | AED 86,500 |
| Handover | Q4 2027 | 40% | AED 346,000 |
| Total including DLD fee | AED 900,180 | ||
Most buyers take a mortgage for the handover balance. Banks lend on ready homes, so this applies at completion.
Minimum deposit for this price and buyer: 20%.
Estimates. Your bank’s offer is final.
For buyers, I know which streets flood, which schools have waitlists and which sellers will take a quick close.
Hannah was right about the price to the dollar. We closed in nineteen days.
Every month I send a short list of launches I’d consider, with the developer’s delivery record. Tell me your budget and I’ll add you.