NOT LISTED FOR SALE

2940 NW Mill Pond Rd Portland, OR 97229

Forest Park Neighborhood

Estimated Value: $725,000 - $1,265,430

-- Bed
1 Bath
-- Sq Ft
0.32 Acres

Last Sold October 21, 2016

Last sale price $225,000

Est. 415% increase in value since last sale

Current estimated payment $6,672/month

112 Days on Market

About This Home

As of October 2016

Sought after neighborhood- one lot away from Forest Heights subdivision, build your dream home only minutes to downtown and popular schools, shopping, Forest Heights trail, Forest Park... 14,328 s.f. level corner lot, building envelope drawing available, call for detail - Mascord plan #2261H fits the lot or build your desired plan!

Last Agent to Sell the Property

Edward Petrossian

RE/MAX Equity Group License #891100084 Listed on: 05/09/2016

RE/MAX Equity Group

Last Buyer's Agent

Tom Taylor

MORE Realty License #201216648

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,309

Lot Details

  • 0.32

Additional Features

  • Corner Lot
  • Perc Test Required For Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,309

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Manufactured Home Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: SECTION 26 1N 1W, TL 600 0.32 ACRES -14,328s.f.- lot line adjusted 2011

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Lot Dimensions: 14,328
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Water Available

Lot Info

  • Lot Description: Corner
  • Acres: 0.32
  • Zoning: Resid
  • Number Of Lots Total: 1
  • Topography: Gentle Sloping
  • Perc Test: Yes

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 34.39
  • Assessor Parcel Number: R324564

MLS Schools

  • Elementary School: Bonny Slope
  • High School: Sunset
  • Middle School: Cedar Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Oct 14, 2016
Sold by
Talebi Hooshang
Bought by
Mehta Brandi Lea and Mehta Arhad Kayomarsh
Seller's Agent
Edward Petrossian
RE/MAX Equity Group
Buyer's Agent
Tom Taylor
MORE Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$1,158,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,392
Avg. Annual Appreciation
18.05%
Original Mortgage
$157,500
Outstanding Balance
$72,853
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$934,290

Purchase Details

Closed on
Jul 30, 2010
Sold by
Mirarabshahi Omid
Bought by
Talebi Hooshang and Rohani Tahareh

Purchase Details

Closed on
Jul 31, 2007
Sold by
Harper Ben Wade
Bought by
Mirarabshahi Omid
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mehta Brandi Lea $225,000 First American
Talebi Hooshang $75,000 None Available
Mirarabshahi Omid $410,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Brandi Lea $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $225,000 -10.0% --
08/29/2016 08/29/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $250,000 -- --
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
2025 $7,309 $399,950 -- --
2024 $6,990 $388,310 -- --
2023 $6,763 $377,000 $0 $0
2022 $6,604 $366,020 $0 $0
2021 $6,356 $355,360 $0 $0
2020 $5,977 $345,011 $0 $0
2019 $2,452 $142,325 $0 $0
2018 $183 $10,690 $0 $0
2017 $177 $10,380 $0 $0
2016 $34 $2,200 $0 $0
2015 $34 $2,200 $0 $0
2014 $35 $2,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Edward Petrossian

    RE/MAX

    Section Image
  • Tom Taylor

    Buyer's Agent in 2016

    Tom Taylor

    MORE Realty

    (503) 575-8620

    53 Total Sales

    Tom Taylor
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16347612

Regional Multiple Listing Service (RMLS)

APN: R324564

Oregon Multnomah County Portland 97229 Forest Park

2940 NW Mill Pond Rd, Portland, OR

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.

Regional Multiple Listing Service (RMLS) 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.

Nearby Homes