Portland Oregon Homes For Sale

Andy Wiederhorn cuts ties to Portland, puts sprawling mansion up for sale

Andy Wiederhorn, the controversial executive whose career mercurial business made him a multimillionaire and landed him in prison, put his vast West Hills Mansion on the market.

A sale will cut one of the last and most important links Wiederhorn to the city he grew up in. He moved his family to Beverly Hills last year to better focus on race Fatburger, a chain restaurant south California-based.

Ivy, as Wiederhorn and his wife, Tiffany, called their 81-year real estate offers a revealing insight into the rollercoaster Wiederhorn's personal and professional and the economy evolves in Portland.In the 90 go-go later when a flush Wiederhorn, he constructed two mammoth home additions, including a separate pool house and a new wing boasts a hardwood court of nearly full-size basketball ball that doubles as a ballroom. Approximately 25,000 square feet, it is the largest single family home in the city, he said.

The recession of 2008 brought a new bitter reality. Wiederhorn almost lost the house to foreclosure in 2010, after a default on the mortgage multiples.

Ivy is a beautiful property with many old-world charm Portland.The official show, with its huge fireplace and mahogany box beamed ceilings, is decorated with the Grand, which offers panoramic views over the city. But with the housing market in the doldrums and the pool of qualified buyers winnowed by the economy limping Portland, figures Wiederhorn it take a beating on the sale. He requested $ 5.7 million for the property, only half of what he has invested in the place.

"The market is really bad," said Wiederhorn. "It's about half what it was at the high end."


The ivy has become a controversial symbol lavish lifestyle Wiederhorn in 2000 when he became involved in a scandal headlines financial decision.

Workers completed the construction of $ 8.7 million of the new wing of the house and pool house as well as federal regulators took control of Capital Consultants, a Portland investment firm whose disappearance was rooted in a series of loans he made to Wilshire Credit Corp., a holding company headed by Wiederhorn.

Wilshire default on the debt of nearly $ 160 million.Rather than accept the loss of its customers and take his lumps, Capital Consultants CEO Jeffrey Grayson told them that another company had agreed to make payments. In fact, Grayson Wilshire repay the bonds with money from other customers.

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Portland is a city located in the northwestern United States, near the confluence of the Willamette and Columbia rivers in the State of Oregon. According to recent reports of the estimated population in the region is about 575,930, making it one of the most populated part of the country. It has been described as the city's most environmentally friendly in the United States and most of the second in the world. The city lies partly in Washington County to the west and Clackamas County to the south. Portland is in the area west of the coastal marine climate with hot summers and dry winters and rainy but temperate. That the climate is ideal for growing roses.Portland has been named as the "City of Roses" because of its rose gardens.

Portland is a place of sprawling parks and gardens. It is famous for its natural areas of great ecological value, fish, wildlife and people. There is a large-scale development in each metropolitan area in Oregon. This limits access to public services such as sanitation, water and telecommunications, as well as coverage by the fire, police and schools. A law is mandated that the city must maintain enough land within the limits of supply about 20 years of growth.The limit of growth, and the efforts of the PDC to create economic development zones, has led to the development of much of downtown, a large number of developments in the medium and high-rise, an overall increase in housing and business density and an increase in average house prices.

As the place is on of the most populated of the United States, people most often try to homeowners in this region. There are currently 4,509 new and resale homes in Portland, including about 27 open houses and 3110 houses in pre foreclosure.The average selling price of houses for sale in Portland is about $ 417 900 according to the latest statistics, reflecting an increase of 0.9%. The surroundings have a popular Portland average selling price of about $ 878.700 to $ 663.900. The average rate per square foot is about $ 191, down 11.6%, which is pretty obvious because of market conditions. The median sales price of homes in Portland is about $ 255 500 in 2050 sales at home. Another important statistic that should be taken considering the purchase of a home in Portland is the crime rate is nearly 6%.

Beaverton, which is also part of Oregon shows a tendency to slightly up its real estate sector. According to recent survey there are currently about 870 houses for sale in Beaverton, including open houses and 660 houses in foreclosure. The average selling price of houses for sale in Portland is $ 311,030, representing an increase of 1.1%. Prices of goods district is around $ 468,000 to $ 387,360. The average price per square foot is about $ 146, down 14.6%. The median sales price of homes in Portland is about $ 235,000. The median price home sale fell by 8.8%, but sales increased 4%.

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Insiders' Guide to Portland, Oregon

Filled with lovely Victorian homes and countless trees, this neighborhood is one of the prettier balances of the domestic and commercial in Portland, ...

Portland, Oregon, its history and builders, in connection with the antecedent explorations, discoveries, and movements of the pioneers that selected the site for the great city of the Pacific

... purchasing unimproved property, on which he has erected attractive homes for sale. ... This is what the pioneers of Portland have done. Coming to Oregon ...

Charter and general ordinances of the City of Portland, Oregon, in force April 15, 1910

No provision of the law concern- in? the sale or disposition of any ... or keeps or frequents such houses or sets up or promotes lotteries or sells lottery ...

Charter of the city, passed by the extra session of the Legislative Assembly of the State, 1898

... that no license shall be granted by the City of Portland for the sale or ... To prevent and suppress gaming and gambling houses, or places where any ...

The laws and ordinances of the city of Portland, Oregon, Comprising the rules and order of business of the Common Council, rules and regulations governing the police and paid fire departments, charter of the city and all ordinances ... of a general character in force ... together with chronological indexes of ordinances passed by the Common Council of Portland, East Portland and Albina from the date of incorporation

To license hacks, cabs or other vehicles used for hire- Prescribe rates. 4. ... that no license shall be granted by the City of Portland for the sale or ...