NOT LISTED FOR SALE

5328 NE 40th Ave Portland, OR 97211

Concordia Neighborhood

Estimated Value: $624,000 - $664,000

4 Beds
2 Baths
1,664 Sq Ft
$387/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $645,000 $388 Per Sq Ft

Current estimated payment $3,848/month

Highlights

  • Quartz Countertops
  • Attached Garage
  • Laundry Room
  • Vernon Elementary School Rated 9+
  • Double Pane Windows
  • Asbestos

About This Home

As of February 2022

OPEN SAT 1/15 & SUN 1/16: 11-1 PM...Darling light & bright home in the desirable Concordia neighborhood! Beautifully updated throughout. Kit w/new soft close cabs, tile, quartz, ss apps & new flooring. Fully finished basement w/egress allows for extra room! Large yd recently seeded, great for entertaining. Other features include newer roof, new sewer line, plumbing, furnace, windows, too many to list! Come enjoy the stylishness for yourself! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193882]

Last Agent to Sell the Property

Ariel Sasser

Property Group NW License #201205525 Listed on: 01/13/2022

Co-Listed By

Melissa Park

Property Group NW License #201240326

Last Buyer's Agent

Katelin Wille

Keller Williams Realty Professionals License #200612240

Keller Williams Realty Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1947

Lot Details

  • Level Lot
  • Property is zoned R5

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Quartz Countertops
  • Laundry Room

Utilities

  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 832
  • Sq Ft Approximate Total: 1664
  • Stories: 2
  • Year Built: 1947
  • Property Condition: Restored
  • Remarks Public: OPEN SAT 1/15 & SUN 1/16: 11-1 PM...Darling light & bright home in the desirable Concordia neighborhood! Beautifully updated throughout. Kit w/new soft close cabs, tile, quartz, ss apps & new flooring. Fully finished basement w/egress allows for extra room! Large yd recently seeded, great for entertaining. Other features include newer roof, new sewer line, plumbing, furnace, windows, too many to list! Come enjoy the stylishness for yourself! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193882]
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Laundry, 4th Bedroom
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Interior Amenities: Laundry, Quartz
  • Kitchen Appliances: Microwave, Dishwasher, Free-Standing Range, Quartz
  • Legal Description: KILLINGSWORTH AVE ADD, BLOCK 2, LOT 14
  • Sq Ft Lower Level: 832
  • Sq Ft Main Level: 832
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 2
  • Basement: Finished, Full Basement
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Lower
  • Additional Room 2: Description: Laundry,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Driveway, Off Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Vernon
  • Middle School: Vernon
  • High School: Jefferson

Lot Info

  • Lot Description: Level
  • Acres: 0.11
  • Zoning: R5
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 1
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10193882
  • Green Verification HES Year: 2022

Tax Info

  • Tax Amount: 3189.55
  • Assessor Parcel Number: R197466
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • Middle School: Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 7, 2022
Sold by
True Dream Construction Llc
Bought by
Elliott Elizabeth
Seller's Agent
Ariel Sasser
Property Group NW
Buyer's Agent
Katelin Wille
Keller Williams Realty Professionals
List Price
$599,999
Sold Price
$645,000
Premium/Discount to List
$45,001
7.5%
Current Estimated Value
$643,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,714
Avg. Annual Appreciation
-0.07%
Original Mortgage
$575,000
Outstanding Balance
$533,996
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$109,290

Purchase Details

Listed on
Aug 6, 2021
Closed on
Aug 26, 2021
Sold by
Wagner Gerhard Reinhold
Bought by
True Dream Construction Llc
Seller's Agent
Michael Patrick
John L. Scott Portland Metro
Buyer's Agent
Ariel Sasser
Property Group NW
List Price
$379,900
Sold Price
$349,900
Premium/Discount to List
-$30,000
-7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
267.40%
Original Mortgage
$10,000,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2016
Sold by
Heckel Ida
Bought by
Wagner Gerhard Reinhold
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elliott Elizabeth $645,000 Wfg Title
True Dream Construction Llc $349,900 Lawyers Title Of Oregon Llc
Wagner Gerhard Reinhold -- None Available
Heckel Ida -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Elizabeth $575,000
Previous Owner True Dream Construction Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Sold $645,000 +7.5% $388 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $599,999 +71.5% $361 / Sq Ft
08/27/2021 08/27/21 Sold $349,900 -7.9% $210 / Sq Ft View Prior Sale
08/14/2021 08/14/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $379,900 -- $228 / 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 $5,256 $196,460 -- --
2023 $5,054 $190,740 $0 $0
2022 $3,536 $132,440 $0 $0
2021 $3,477 $128,590 $0 $0
2020 $3,190 $124,850 $0 $0
2019 $3,072 $121,220 $0 $0
2018 $2,982 $117,690 $0 $0
2017 $2,858 $114,270 $0 $0
2016 $2,616 $110,950 $0 $0
2015 $2,547 $107,720 $0 $0
2014 $2,509 $104,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ariel Sasser

    Seller's Agent in 2022

    Ariel Sasser

    Property Group NW

    (503) 966-2750

    4 in this area

    260 Total Sales

    Ariel Sasser
    Section Image
  • Melissa Park

    Seller Co-Listing Agent in 2022

    Melissa Park

    Property Group NW

    (503) 349-5257

    1 in this area

    53 Total Sales

    Melissa Park
    Section Image
  • Katelin Wille

    Buyer's Agent in 2022

    Katelin Wille

    Keller Williams Realty Professionals

    (503) 880-3650

    4 in this area

    203 Total Sales

    Katelin Wille
    Section Image
  • Michael Patrick

    Seller's Agent in 2021

    Michael Patrick

    John L. Scott Portland Metro

    (503) 481-0900

    1 in this area

    18 Total Sales

    Michael Patrick
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22065595

Regional Multiple Listing Service (RMLS)

APN: R197466

Oregon Multnomah County Portland 97211 Concordia

5328 NE 40th Ave, Portland, OR

This home is located at 5328 NE 40th Ave, Portland, OR 97211 since 13 January 2022 and is currently estimated at $643,286, approximately $386 per square foot. This property was built in 1947. 5328 NE 40th Ave is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High School, and Leodis V. McDaniel High School.

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