$945,000
SOLD SEP 12, 2025

3865 NW 120th Terrace Portland, OR 97229

4 Beds
3 Baths
3,006 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$314 Per Sq Ft

81 Days on Market

Highlights

  • Deck
  • Territorial View
  • Marble Flooring
  • Findley Elementary School Rated A
  • Vaulted Ceiling
  • Traditional Architecture

About This Home

As of September 2025

This pristine traditional 1-owner home in Cedar Mill is back on the market after the buyer’s relocation plans unexpectedly changed (unrelated to house or seller!). 4 BD (1 on MAIN that could be an office) + 3 Full BA (incl 1 on MAIN) + Bonus Room + 3-car XL garage & shop space. In desirable Thompson Park, this home is flooded with natural light and features many beautiful details: 18-ft ceiling in the foyer, newly refinished hardwood floors, wainscotting, trim work, vaulted ceilings... The formal living room and dining room are beautifully set with a gas fireplace (upgraded gas insert), tall bay windows and dramatic ceilings. Expansive gourmet kitchen with new 3 cm quartz slabcountertop, all new SS appliances (incl 5-burner gas stovetop), new sink and faucet, and so much storage and pantry space! It opens to a large breakfast nook and a generous family room anchored by an elegant gas fireplace (marble surround), andfeatures a wet bar with wine rack. Also on the main level are a bedroom (set up as an office in the photos) with an adjoining bathroom equipped with a shower, and a laundry room (washer/dryer included). Upstairs, the spacious primary suite - with tray ceiling - offers territorial views. The ensuite bathroom features double sinks, jetted tub and separate shower. 2 more bedrooms of generous size and an oversized bonus room with a closet (could be another bedroom!) complete the upper level. Outside: new TimberTech deck, fenced backyard, all perfect for gatherings small and large. The 3-car garage is oversized, with space for a shop or extensive storage. Roof (2017), new flooring in bathrooms and laundry room (2025), new interior and exterior paint (2025). Low HOA! Sought-after schools. The location is incredibly convenient to Cedar Mill shopping, Forest Park, other local nature trails, and provides easy access to major employers, health providers, Alphabet district, hwy 26 and 217... Must see turn-key home!

Last Agent to Sell the Property

Marie Conser

John L. Scott License #200810103 Listed on: 05/15/2025

John L. Scott

Last Buyer's Agent

Sheila Gray

Real Broker License #201256143

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,572

Year Built

  • Built in 1996

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Private Yard

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,006 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Wainscoting
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Territorial Views
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Cooking Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck

Schools

  • Findley Elementary School
  • Tumwater Middle School
  • Sunset High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number R2043492

Community Details

Overview

  • Thompson Park HOA, Phone Number (503) 459-2726
  • Cedar Mill / Bonny Slope Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,572

Year Built

Built in 1996

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksAssociation: HOA of 40 homes. Self managed. Listing Agent is HOA Board President.
  • Room 10 Features: BuiltinFeatures,Fireplace
  • Room 11 Features: BuiltinFeatures,CookIsland,Dishwasher,Disposal,DownDraft,GasAppliances,HardwoodFloors,Microwave,Pantry
  • Room 12 Features: Fireplace
  • Room 7 Features: BayWindow
  • Room 9 Features: BayWindow
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, HighCeilings, JettedTub, Laundry, LuxuryVinylPlank, Marble, PlumbedForCentralVacuum, Quartz, Skylight, VaultedCeiling, Wainscoting, WalltoWallCarpet, WasherDryer
  • Room 4 Description: _4thBedroom
  • Room 4 Features: Bathroom,BayWindow
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Level: Upper
  • Room 6 Description: Laundry
  • Room 6 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, CookIsland, Cooktop, Dishwasher, Disposal, DownDraft, FreeStandingRefrigerator, GasAppliances, Microwave, Quartz, SolidSurfaceCountertop, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Marie Conser
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Other Room10 Area: 256
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 165
  • Fifth Bedroom Area: 357
  • Bedroom 6 Area: 56
  • Bedroom 7 Area: 165
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 120
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 143
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,CementSiding
  • Exterior Features: Deck, Fenced, Sprinkler, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached,ExtraDeep,Oversized
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: FiberOptics
  • Security: SecuritySystem
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons
  • Senior Community: No
  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association Name: Thompson Park HOA
  • Phone: 503-459-2726
  • Association: Yes
  • Association Email: ThompsonParkHOA.Board@gmail.com

Association/Amenities

  • AssociationAddress: PO Box 504 Beaverton, OR 97075
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Findley
  • High School: Sunset
  • Middle Or Junior School: Tumwater

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: R2043492

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 10572.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 1996
Sold by
West Hills Development Company
Bought by
Olshausen Ronald G and Olshausen Linda Sah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,050
Interest Rate
7.04%

Purchase Details

Closed on
Aug 9, 1995
Sold by
West Hills Development Company
Bought by
West Hills Development Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.63%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $284,900 First American Title Ins Co
Quit Claim Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Closed $200,000 New Conventional
Closed $95,850 New Conventional
Closed $105,000 New Conventional
Closed $270,050 No Value Available
Previous Owner $240,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Sold $945,000 0.0% $314 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $945,000 0.0% $314 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $945,000 -- $314 / 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
2025 $10,572 $581,380 -- --
2024 $9,928 $564,450 -- --
2023 $9,928 $548,010 $0 $0
2022 $9,588 $548,010 $0 $0
2021 $9,243 $516,560 $0 $0
2020 $8,964 $501,520 $0 $0
2019 $8,707 $486,920 $0 $0
2018 $8,411 $472,740 $0 $0
2017 $8,107 $458,980 $0 $0
2016 $7,818 $445,620 $0 $0
2015 $7,525 $432,650 $0 $0
2014 $7,369 $420,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 714505925

Regional Multiple Listing Service (RMLS)

APN: R2043492