Seller's Agent in 2019
Derek Colby
Realty Advantage
(503) 481-5174
71 Total Sales
2334 SE 40th Ave Portland, OR 97214
Richmond NeighborhoodEstimated Value: $714,000 - $819,000
3
Beds
2.5
Baths
2,268
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Maid or Guest Quarters
- Deck
- Wood Flooring
- Glencoe Elementary School Rated A-
- American Four Square Architecture
- Main Floor Primary Bedroom
About This Home
As of March 2019NEW PRICE DON'T WAIT! Classic Old PDX on corner lot with LEGAL ADU with side entrance, 1 block to Division restaurants! Updated Kitchen, granite slab SS appliances, 3-4 bedroom. Option ADU or inlaw with separate entry basement apartment OR remove panel in closet stairway to make 3 bedrooms plus bonus room. Upper bath clawfoot tub, large walk-ins! Covered porch, New roof & driveway off street parking!*No Jumbo loan req. w/20% down!
Last Agent to Sell the Property
Realty Advantage License #200007142 Listed on: 09/27/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,831
Year Built
- Built in 1910 | Remodeled
Lot Details
- 2,613 Sq Ft Lot
- Corner Lot
- Sprinkler System
- Property is zoned R2.5
Parking
- Off-Street Parking
Home Design
- American Four Square Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 2,268 Sq Ft Home
- 3-Story Property
- Wainscoting
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Family Room
- Living Room
- Dining Room
- Loft
- Utility Room
- Washer and Dryer
- Finished Basement
- Apartment Living Space in Basement
- Security System Owned
Kitchen
- Free-Standing Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Maid or Guest Quarters
- In-Law or Guest Suite
- Soaking Tub
Accessible Home Design
- Accessibility Features
- Minimal Steps
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Glencoe Elementary School
- Mt Tabor Middle School
- Franklin High School
Utilities
- No Cooling
- 90% Forced Air Zoned Heating System
- Heating System Uses Gas
- Electric Water Heater
Additional Features
- Green Certified Home
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
- Division/Clinton Subdivision
Listing and Financial Details
- Assessor Parcel Number R184142
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2018
Closed on
Mar 19, 2019
Sold by
Bates John T
Bought by
Kapellas Corey Silver and Kapellas Bri Danielle
Seller's Agent
Derek Colby
Realty Advantage
Buyer's Agent
Tracy Sullivan
Portland's Alternative Inc., Realtors
List Price
$639,900
Sold Price
$575,000
Premium/Discount to List
-$64,900
-10.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,473
Avg. Annual Appreciation
2.58%
Original Mortgage
$460,000
Outstanding Balance
$410,876
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$265,897
Purchase Details
Closed on
Jan 31, 2003
Sold by
Mchenry Jon C
Bought by
Bates John T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
5.83%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 13, 2001
Sold by
Mchenry Jon C
Bought by
Mchenry Jon C and Bates John
Purchase Details
Closed on
Oct 20, 2000
Sold by
Bates John T
Bought by
Mchenry Jon C
Purchase Details
Closed on
Aug 29, 2000
Sold by
Mchenry Jon C
Bought by
Mchenry Jon C and Bates John T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,300
Interest Rate
8.15%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 15, 2000
Sold by
Bates John T
Bought by
Mchenry Jon C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,300
Interest Rate
8.15%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 24, 1998
Sold by
Mchenry Jon C
Bought by
Mchenry Jon C and Bates John T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 8, 1998
Sold by
Bates John T
Bought by
Mchenry Jon C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 1997
Sold by
Mchenry Jon C
Bought by
Mchenry Jon C and Bates John T
Purchase Details
Closed on
Jan 22, 1997
Sold by
Moffat Vernon D
Bought by
Mchenry Jon C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 1995
Sold by
Coast Construction Inc
Bought by
Moffat Vernon D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
7.59%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kapellas Corey Silver | $575,000 | Wfg Title | |
| Bates John T | -- | Stewart Title | |
| Mchenry Jon C | -- | Oregon Title Insurance Co | |
| Mchenry Jon C | -- | Oregon Title Insurance Co | |
| Mchenry Jon C | -- | Oregon Title Insurance Co | |
| Mchenry Jon C | -- | Oregon Title Insurance Co | |
| Mchenry Jon C | -- | Oregon Title Insurance Co | |
| Mchenry Jon C | -- | Oregon Title Insurance Co | |
| Mchenry Jon C | -- | Ticor Title | |
| Mchenry Jon C | $174,000 | Chicago Title | |
| Moffat Vernon D | $71,500 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kapellas Corey Silver | $460,000 | |
| Previous Owner | Bates John T | $60,000 | |
| Previous Owner | Bates John T | $271,000 | |
| Previous Owner | Bates John T | $55,000 | |
| Previous Owner | Bates John T | $45,700 | |
| Previous Owner | Bates John T | $209,600 | |
| Previous Owner | Mchenry Jon C | $38,300 | |
| Previous Owner | Mchenry Jon C | $3,500 | |
| Previous Owner | Mchenry Jon C | $166,500 | |
| Previous Owner | Mchenry Jon C | $130,500 | |
| Previous Owner | Moffat Vernon D | $127,800 | |
| Closed | Mchenry Jon C | $43,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2019 03/21/19 | Sold | $575,000 | -10.1% | $254 / Sq Ft |
| 02/22/2019 02/22/19 | Pending | -- | -- | -- |
| 09/27/2018 09/27/18 | For Sale | $639,900 | -- | $282 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,090 | $220,980 | $0 | $0 |
| 2022 | $5,729 | $214,550 | $0 | $0 |
| 2021 | $5,632 | $208,310 | $0 | $0 |
| 2020 | $5,167 | $202,250 | $0 | $0 |
| 2019 | $4,977 | $196,360 | $0 | $0 |
| 2018 | $4,831 | $208,780 | $0 | $0 |
| 2017 | $4,630 | $185,100 | $0 | $0 |
| 2016 | $4,237 | $179,710 | $0 | $0 |
| 2015 | $4,126 | $174,480 | $0 | $0 |
| 2014 | $4,064 | $169,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Tracy Sullivan
Portland's Alternative Inc., Realtors
(971) 678-0206
1 in this area
87 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 18537715
APN: R184142
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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