NOT LISTED FOR SALE

2405 NE 40th Ave Portland, OR 97212

Grant Park Neighborhood

Estimated Value: $635,000 - $737,294

4 Beds
1 Bath
2,700 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $500,000 $185 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,230/month

16 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Bungalow
  • Beverly Cleary School Rated A-
  • Living Room
  • Sliding Doors

About This Home

As of December 2017

Great Location, great bones. Hardwoods, nice details. Spacious rooms. Kitchen and Bath need updates. Sliders to deck from Master, and guest bedroom. (UNSAFE/Do not walk on deck.)

Last Agent to Sell the Property

Alexsandra Stewart

RE/MAX Equity Group License #200506219 Listed on: 11/14/2017

RE/MAX Equity Group

Last Buyer's Agent

Elena MacPhee

Rose City Realtors License #200412144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 1922

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Property is zoned r5

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Beverly Cleary Elementary School
  • Grant High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Grant Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number R262434

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,124

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1922
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 13 Features: SlidingDoors
  • Room 7 Features: SlidingDoors
  • Room 9 Features: BuiltinFeatures,Formal,HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Basement: FullBasement, Unfinished
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 154
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Oil
  • 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: Beverly Cleary
  • High School: Grant

Lot Info

  • Zoning: r5
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R262434

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 5124.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Dec 26, 2017
Sold by
Olsen Jane E
Bought by
Slavin Timothy F and Wikes Katherine E
Seller's Agent
Alexsandra Stewart
RE/MAX Equity Group
Buyer's Agent
Elena MacPhee
Rose City Realtors
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%
Current Estimated Value
$696,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,074
Avg. Annual Appreciation
4.32%
Original Mortgage
$450,000
Outstanding Balance
$379,844
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$316,230
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 Buyer Sale Price Title Company
Slavin Timothy F $500,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slavin Timothy F $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $500,000 +2.2% $185 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $489,000 -- $181 / 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 $6,949 $259,710 -- --
2023 $6,682 $252,150 $0 $0
2022 $6,537 $244,810 $0 $0
2021 $6,426 $237,680 $0 $0
2020 $5,895 $230,760 $0 $0
2019 $5,678 $224,040 $0 $0
2018 $5,512 $217,520 $0 $0
2017 $5,283 $211,190 $0 $0
2016 $4,834 $205,040 $0 $0
2015 $4,707 $199,070 $0 $0
2014 $4,637 $193,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elena MacPhee

    Buyer's Agent in 2017

    Elena MacPhee

    Rose City Realtors

    (503) 453-6156

    41 Total Sales

    Elena MacPhee
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17125022

Regional Multiple Listing Service (RMLS)

APN: R262434

Oregon Multnomah County Portland 97212 Grant Park

2405 NE 40th Ave, Portland, OR

This home is located at 2405 NE 40th Ave, Portland, OR 97212 since 14 November 2017 and is currently estimated at $696,074, approximately $257 per square foot. This property was built in 1922. 2405 NE 40th Ave is a home located in Multnomah County with nearby schools including Beverly Cleary School, U.S. Grant High School, and St. Rose School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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