NOT LISTED FOR SALE

4032 SW 40th Place Portland, OR 97221

Bridlemile Neighborhood

Estimated Value: $962,000 - $1,335,000

4 Beds
3 Baths
3,178 Sq Ft
$371/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $1,375,000 $433 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,705/month

3 Days on Market

Highlights

  • Private Lot
  • Marble Flooring
  • Quartz Countertops
  • Bridlemile Elementary School Rated A-
  • 3 Fireplaces
  • 5-minute walk to Hamilton Park

About This Home

As of April 2022

Beautifully updated mid-century modern home in the heart of the desirable Bridlemile neighborhood! Elegant, yet comfortable living spaces celebrating the best of indoor/outdoor connectivity with fold away wall of doors from the kitchen/dining, perfect for entertaining and enjoying warm summer evenings! New roof, new electrical panel, 2 new bathrooms. 3 bd/2ba on main 1/1 lower level plus huge family room and huge office/work out room with exterior access...perfect for working from home!

Last Agent to Sell the Property

Kris Mitchell

Savvy Real Estate Services License #930200019 Listed on: 04/04/2022

Last Buyer's Agent

Jonathan Cohen

Windermere Realty Trust License #200501091

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,259

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Private Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees
  • Raised Garden Beds

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Soaking Tub
  • 2-Story Property
  • 3 Fireplaces
  • Vinyl Clad Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Security Lights
  • Quartz Countertops
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,259

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Mid-Century Modern
  • Sq Ft Calculated: 1589
  • Sq Ft Approximate Total: 3178
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1966
  • Property Condition: Updated/Remodeled
  • Remarks Public: Beautifully updated mid-century modern home in the heart of the desirable Bridlemile neighborhood! Elegant, yet comfortable living spaces celebrating the best of indoor/outdoor connectivity with fold away wall of doors from the kitchen/dining, perfect for entertaining and enjoying warm summer evenings! New roof, new electrical panel, 2 new bathrooms. 3 bd/2ba on main 1/1 lower level plus huge family room and huge office/work out room with exterior access...perfect for working from home!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Parking, Main Floor Bedroom w/Bath
  • Additional Room Features: Exterior Entry, Wall to Wall Carpet
  • Additional Rooms: Bonus Room, 4th Bedroom
  • All Room Features: Bathroom, Built-in Range, Fireplace, Gourmet Kitchen, Hardwood Floors, Exterior Entry, Sliding Doors, Tile Floor, Wall to Wall Carpet, Soaking Tub, Marble, Closet, Quartz
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 3.0
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces: 3
  • Interior Amenities: Garage Door Opener, Hardwood Floors, Laundry, Tile Floor, Wall to Wall Carpet, Soaking Tub, Marble, Quartz
  • Kitchen Appliances: Built-in Range, Dishwasher, Disposal, Gas Appliances, Tile, Free-Standing Refrigerator, Marble, Free-Standing Gas Range
  • Legal Description: BRIDLEMILE, BLOCK 11, LOT 5
  • Sq Ft Lower Level: 1589
  • Sq Ft Main Level: 1589
  • Bedrooms: 4
  • Master Bedroom: Features: Bathroom, Hardwood Floors, Tile Floor, Soaking Tub, Marble, Quartz,On Level: Main,Dimensions: 12x15
  • Bedroom 2: On Level: Main,Dimensions: 10x12
  • Bedroom 3: On Level: Main,Dimensions: 10x12
  • Full Bathrooms: 3
  • Basement: Finished, Full Basement
  • Dining Room: Features: Hardwood Floors, Sliding Doors,On Level: Main
  • Family Room: Features: Fireplace, Wall to Wall Carpet,On Level: Lower,Dimensions: 13x25
  • Living Room: Features: Fireplace, Hardwood Floors,On Level: Main,Dimensions: 13x20
  • Kitchen: Features: Built-in Range, Gourmet Kitchen, Hardwood Floors, Marble,On Level: Main
  • Additional Room 1: Description: Bonus Room,Features: Exterior Entry, Wall to Wall Carpet,On Level: Lower,Dimensions: 13x21
  • Additional Room 2: Description: 4th Bedroom,On Level: Lower,Dimensions: 11x13
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 3
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Exterior Features: Patio, Porch, Security Lights, Sprinkler, Raised Beds
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, Off Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air, Forced Air - 90%

Schools

  • Elementary School: Bridlemile
  • Middle School: Robert Gray
  • High School: Ida B Wells

Lot Info

  • Lot Description: Level, Private, Trees
  • Acres: 0.30

Tax Info

  • Tax Amount: 9968.94
  • Assessor Parcel Number: R121279
  • Tax Year: 2020

MLS Schools

  • Elementary School: Bridlemile
  • High School: Ida B Wells
  • Middle School: Robert Gray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Mccollom Alan T
Bought by
Alan Tompkins Mccollom Trust and Mccollom
Current Estimated Value
$1,210,033

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 15, 2022
Sold by
Macmillan Alex L
Bought by
Mccollom Alan T
Seller's Agent
Kris Mitchell
Savvy Real Estate Services
Buyer's Agent
Jonathan Cohen
Windermere Realty Trust
List Price
$1,095,000
Sold Price
$1,375,000
Premium/Discount to List
$280,000
25.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.51%
Original Mortgage
$650,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Harris Shirley
Bought by
Macmillan Alex L and Macmillan Cody D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Alan Tompkins Mccollom Trust -- None Listed On Document
Mccollom Alan T $1,375,000 Wfg Title
Macmillan Alex L $555,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccollom Alan T $650,000
Previous Owner Macmillan Cody D $462,000
Previous Owner Macmillan Alex L $416,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $1,375,000 +25.6% $433 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,095,000 -- $345 / 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
2023 $12,259 $445,250 $0 $0
2022 $11,054 $414,370 $0 $0
2021 $10,867 $402,310 $0 $0
2020 $9,969 $390,600 $0 $0
2019 $9,602 $379,230 $0 $0
2018 $9,320 $368,190 $0 $0
2017 $8,932 $335,660 $0 $0
2016 $7,676 $325,890 $0 $0
2015 $7,474 $316,400 $0 $0
2014 $6,906 $288,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kris Mitchell

    Savvy Real Estate Services

    1 in this area

    16 Total Sales

    Section Image
  • Jonathan Cohen

    Buyer's Agent in 2022

    Jonathan Cohen

    Windermere Realty Trust

    (503) 720-9393

    5 in this area

    23 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22210650

Regional Multiple Listing Service (RMLS)

APN: R121279

Oregon Multnomah County Portland 97221 Bridlemile

4032 SW 40th Place, Portland, OR

This home is located at 4032 SW 40th Place, Portland, OR 97221 since 04 April 2022 and is currently estimated at $1,179,496, approximately $371 per square foot. This property was built in 1966. 4032 SW 40th Place is a home located in Multnomah County with nearby schools including Bridlemile Elementary School, Robert Gray Middle School, and Ida B. Wells-Barnett High 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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