A
Seller's Agent in 2023
Aaron Rader
Redfin
2405 SE 40th Ave Portland, OR 97214
Richmond NeighborhoodEstimated Value: $629,000 - $666,000
3
Beds
2
Baths
2,144
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Loft
- Private Yard
- Glencoe Elementary School Rated A-
- Corner Lot
- No HOA
About This Home
As of May 2023Updated Portland Bungalow on a quiet corner lot yet close to everything! Located in the Richmond neighborhood, walk to all the local shops, restaurants, and more. Kitchen completely remodeled with new appliances in 2021. Open dining and living rooms right off kitchen perfect for entertaining. Recently refinished hardwood floors in the downstairs bedrooms and hallway. Primary suite on the upper level with hard to find large walk-in closet and en suite bath with double sinks. Flex loft space on upper level perfect for office or sitting area. Large unfinished basement w/laundry, tons of storage. 1-car garage with automatic garage door opener. Enjoy the Portland summers and stay cool while sitting on your covered front porch with an outdoor ceiling fan. Walk score of 94, Bike Score of 99. Definitely a must see! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10145061]
Last Agent to Sell the Property
Aaron Rader
Redfin License #201214015 Listed on: 03/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,790
Year Built
- Built in 1921
Lot Details
- 3,049 Sq Ft Lot
- Fenced
- Corner Lot
- Private Yard
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Bungalow
- Composition Roof
- Wood Siding
Interior Spaces
- 2,144 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Loft
- Washer and Dryer
- Unfinished Basement
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Flush Toilets
Eco-Friendly Details
- Green Certified Home
Outdoor Features
- Covered Deck
- Porch
Schools
- Glencoe Elementary School
- Mt Tabor Middle School
- Franklin High School
Utilities
- Window Unit Cooling System
- Zoned Heating
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R184115
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2023
Closed on
May 8, 2023
Sold by
Berke Daniel S and Berke Shannon M
Bought by
Wardell Caleb and Wardell Courtney
Seller's Agent
Aaron Rader
Redfin
Buyer's Agent
Heather Paris
Paris Group Realty LLC
List Price
$599,900
Sold Price
$635,000
Premium/Discount to List
$35,100
5.85%
Views
24
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
-$12,563
Avg. Annual Appreciation
-1.34%
Original Mortgage
$444,500
Outstanding Balance
$434,354
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$181,688
Purchase Details
Listed on
Jun 13, 2019
Closed on
Aug 27, 2019
Sold by
Wenz David M
Bought by
Berke Daniel S and Berke Shannon M
Seller's Agent
Troy Doty
Northwest Realty Source
Buyer's Agent
Andee Zeigler
Living Room Realty
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$422,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 13, 2019
Closed on
Aug 22, 2019
Sold by
Wenz Joseph J
Bought by
Wenz David M
Seller's Agent
Troy Doty
Northwest Realty Source
Buyer's Agent
Andee Zeigler
Living Room Realty
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2010
Sold by
Crowell Stephanie Olson
Bought by
Wenz Joseph J and Wenz David M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
5.01%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 19, 2001
Sold by
Garner Patricia
Bought by
Crowell Stephanie Olson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2001
Sold by
Crowell Stephanie Olson
Bought by
Crowell Stephanie Olson and Garner Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Wardell Caleb | $635,000 | Old Republic National Title | |
| Berke Daniel S | $445,000 | Fidelity Natl Ttl Co Of Or | |
| Wenz David M | -- | Fidelity Natl Ttl Co Of Or | |
| Wenz Joseph J | $275,000 | First American | |
| Crowell Stephanie Olson | -- | Oregon Title Insurance Co | |
| Crowell Stephanie Olson | -- | Oregon Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wardell Caleb | $444,500 | |
| Previous Owner | Berke Daniel | $426,000 | |
| Previous Owner | Berke Daniel S | $422,750 | |
| Previous Owner | Wenz David M | $260,000 | |
| Previous Owner | Wenz Joseph J | $270,019 | |
| Previous Owner | Crowell Stephanie Olson | $75,000 | |
| Previous Owner | Crowell Stephanie Olson | $48,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $635,000 | +5.9% | $296 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | For Sale | $599,900 | +34.8% | $280 / Sq Ft |
| 08/29/2019 08/29/19 | Sold | $445,000 | -1.1% | $207 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | Price Changed | $449,900 | -2.2% | $209 / Sq Ft |
| 07/01/2019 07/01/19 | Price Changed | $459,900 | -3.2% | $214 / Sq Ft |
| 06/20/2019 06/20/19 | For Sale | $475,000 | -- | $221 / 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 | $5,092 | $184,780 | $0 | $0 |
| 2022 | $4,790 | $179,400 | $0 | $0 |
| 2021 | $4,709 | $174,180 | $0 | $0 |
| 2020 | $4,320 | $169,110 | $0 | $0 |
| 2019 | $4,161 | $164,190 | $0 | $0 |
| 2018 | $4,039 | $159,410 | $0 | $0 |
| 2017 | $3,871 | $154,770 | $0 | $0 |
| 2016 | $3,543 | $150,270 | $0 | $0 |
| 2015 | $3,450 | $145,900 | $0 | $0 |
| 2014 | $3,398 | $141,660 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Heather Paris
Paris Group Realty LLC
(971) 998-7016
5 in this area
96 Total Sales
-
Seller's Agent in 2019
Troy Doty
Northwest Realty Source
(503) 997-4169
2 in this area
139 Total Sales
-
Buyer's Agent in 2019
Andee Zeigler
Living Room Realty
(503) 901-6864
1 in this area
38 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23353514
APN: R184115
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.
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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