NOT LISTED FOR SALE

1635 SE 40th Ave Portland, OR 97214

Richmond Neighborhood

Estimated Value: $685,000 - $813,000

3 Beds
2 Baths
2,906 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 1635 SE 40th Ave, Portland, OR 97214 and is currently estimated at $763,407, approximately $262 per square foot. 1635 SE 40th Ave is a home located in Multnomah County with nearby schools including Glencoe Elementary School, Mt Tabor Middle School, and Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Somach David and Laustsen Kelly M
Bought by
Laustsen/Somach Trust and Laustsen
Current Estimated Value
$763,407

Purchase Details

Closed on
Oct 29, 2015
Sold by
Stoner Tammy L
Bought by
Somach David and Laustsen Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Porter Christina
Bought by
Stoner Tammy L and Meehan Karena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Interest Rate
4.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Laustsen/Somach Trust -- None Listed On Document
Somach David $562,500 Stewart Title
Stoner Tammy L $395,000 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Somach David $417,000
Previous Owner Stoner Tammy L $387,845
Source: Public Records

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 $7,143 $266,960 -- --
2023 $7,143 $259,190 $0 $0
2022 $6,720 $251,650 $0 $0
2021 $6,606 $244,330 $0 $0
2020 $6,060 $237,222 $0 $0
2019 $5,509 $217,340 $0 $0
2018 $5,347 $211,010 $0 $0
2017 $5,124 $204,870 $0 $0
2016 $4,690 $198,910 $0 $0
2015 $4,567 $193,120 $0 $0
2014 $4,498 $187,500 $0 $0
Source: Public Records

Map

Oregon Multnomah County Portland 97214 Richmond

1635 SE 40th Ave, Portland, OR

This home is located at 1635 SE 40th Ave, Portland, OR 97214 and is currently estimated at $763,407, approximately $262 per square foot. 1635 SE 40th Ave is a home located in Multnomah County with nearby schools including Glencoe Elementary School, Mt Tabor Middle School, and Franklin High School.

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