$950,000
SOLD OCT 8, 2025

1034 SW Cheltenham St Portland, OR 97239

Hillsdale Neighborhood
4 Beds
2.5 Baths
3,265 Sq Ft
0.37 Acres

Recently Sold

$291 Per Sq Ft

6% Above List Price

0 Day on Market

Highlights

  • View of Trees or Woods
  • Built-In Refrigerator
  • Wooded Lot
  • Rieke Elementary School Rated A-
  • Deck
  • 5-minute walk to DeWitt Park

About This Home

As of October 2025

Introducing: The Treehouse Ranch in Hillsdale. Perched in the treetops above one of Southwest Portland’s most beloved neighborhoods, this 1960s ranch is the rare blend of nature, space, and convenience. Wrapped in greenery yet just steps from cafes, schools, shops, and trails, it feels like a private getaway in the city. Sunlight pours through oversized windows framing a canopy of evergreens, giving the open living room a serene, treehouse feel. Vaulted ceilings, exposed beams, and a cozy fireplace anchor the airy main level, where living, dining, and kitchen spaces flow easily together. The smart galley kitchen with skylights, dual sinks and generous storage makes everyday cooking a joy, while an oversized breakfast nook, with built-in seating and deck access, is perfect for coffee among the trees.With 4 bedrooms, 2.5 baths, an office and over 3,000 square feet, there is room for everyone and everything. The main-floor bedrooms include a peaceful retreat with deck access and stained-glass details, while the lower level offers two more bedrooms, a full bath, flexible bonus space, and a huge family room with gas fireplace. A large workshop and abundant storage add versatility.A two-level wraparound deck built for year-round entertaining and a tiered backyard surrounded by towering firs make outdoor living effortless. Recent updates include new roof and gutters, updated windows & sliding doors, eco-friendly flooring, Bosch appliances, induction cooktop and much more. Whether hosting a crowd, working from home, or watching the seasons change from your deck in the trees, The Treehouse Ranch is a rare chance to live among nature without leaving the city.

Last Agent to Sell the Property

Calle Holmgren

Friday and Company License #201211463 Listed on: 10/08/2025

Last Buyer's Agent

Grant Williams

Urban Nest Realty License #201233450

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,108

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.37 Acre Lot
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • Landscaped with Trees
  • Private Yard
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Driveway
  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,265 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Cork
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Schools

  • Rieke Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Deck

Community Details

  • No Home Owners Association
  • Hillsdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number R124178

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,108

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: DaylightRanch, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: BuiltinFeatures,ExteriorEntry,Fireplace,FireplaceInsert,SlidingDoors
  • Room 11 Features: BuiltinRefrigerator,Dishwasher,EatBar,Microwave,Skylight,UpdatedRemodeled
  • Room 12 Features: BeamedCeilings,Bookcases,BuiltinFeatures,Fireplace,HardwoodFloors
  • Room 13 Features: Deck,HardwoodFloors,SlidingDoors
  • Room 7 Features: BuiltinFeatures,HardwoodFloors
  • Room 9 Features: HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: BuiltinLighting, GarageonMain, MainFloorBedroomBath, NaturalLighting
  • Total Bathrooms: 2.1
  • Fireplaces: 2
  • Interior Amenities: BambooFloor, ConcreteFloor, CorkFloor, HardwoodFloors, Laundry, Skylight, TileFloor, VaultedCeiling, WasherDryer, WoodFloors
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Lower
  • Room 5 Description: Office
  • Room 5 Level: Lower
  • Room 6 Description: Laundry
  • Room 6 Level: Lower
  • Basement: Daylight, ExteriorEntry, Finished
  • Window Features: DoublePaneWindows, WoodFrames
  • Appliances: BuiltinOven, BuiltinRefrigerator, Cooktop, Dishwasher, Disposal, Microwave, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt15000to19999
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Additional Room 1 Description: EatingArea
  • Additional Room 1 Features: HardwoodFloors,SlidingDoors
  • Additional Room 1 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Deck, Sprinkler, Yard
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Sloped, Trees, Wooded
  • Road Surface Type: Paved
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Rieke
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Farm: No
  • Zoning: R10
  • Land Lease: No
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117.0
  • Parcel #: R124178

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 13108.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2025
Closed on
Oct 3, 2025
Sold by
Malarkey Family Trust and Malarkey Ryan
Bought by
Whelan-Wuest Maeve and Larralde Sciutto Virgilio
Seller's Agent
Calle Holmgren
Friday and Company
Buyer's Agent
Grant Williams
Urban Nest Realty
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.62%
Original Mortgage
$760,000
Outstanding Balance
$760,000
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$189,299

Purchase Details

Closed on
May 21, 2016
Sold by
Malarkey Ryan
Bought by
Malarkey Family Trust

Purchase Details

Closed on
Oct 7, 2011
Sold by
Malarkey Ryan
Bought by
Malarkey Ryan and Macfarlane Malarkey Jean F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Malarkey Ryan
Bought by
Malarkey Ryan and Macfarlane Malarkey Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 9, 2008
Sold by
Malarkey Ryan
Bought by
Malarkey Ryan and Macfarlane Malarkey Jean F

Purchase Details

Closed on
Jan 20, 1998
Sold by
Macfarlane David W
Bought by
Malarkey Ryan and Macfarlane Malarkey Jean F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,300
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Lawyers Title Ins
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $236,300 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $230,000 New Conventional
Closed $282,000 Stand Alone Refi Refinance Of Original Loan
Closed $181,300 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $950,000 +5.7% $291 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
10/08/2025 10/08/25 For Sale $899,000 -- $275 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,108 $490,380 -- --
2023 $13,108 $476,100 $0 $0
2022 $12,331 $462,240 $0 $0
2021 $12,123 $448,780 $0 $0
2020 $11,120 $435,710 $0 $0
2019 $10,711 $423,020 $0 $0
2018 $10,396 $410,700 $0 $0
2017 $9,964 $398,740 $0 $0
2016 $9,118 $387,130 $0 $0
2015 $8,080 $375,860 $0 $0
2014 $7,546 $364,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 412296409

Regional Multiple Listing Service (RMLS)

APN: R124178