$485,000
SOLD MAR 10, 2025

540 E Exeter St Gladstone, OR 97027

3 Beds
1 Bath
1,044 Sq Ft
4,791 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

5% Above List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Covered Patio or Porch
  • Quartz Countertops
  • No HOA
  • 1-minute walk to Max Patterson Park

About This Home

As of March 2025

This stunning, completely remodeled 1954 bungalow in Gladstone, Oregon, perfectly blends mid-century charm with modern upgrades. Every aspect of the home has been thoughtfully renovated, offering a fresh, updated feel while retaining its original character. With all-new plumbing and electrical systems, this home provides peace of mind and functionality for years to come.As you enter, you’ll be greeted by an open-concept living space filled with natural light that highlights the beautifully restored hardwood floors and neutral color palette. The spacious living room is ideal for both relaxing and entertaining, offering a welcoming space for guests.The gourmet kitchen is a true highlight, featuring sleek countertops, stainless steel appliances, and custom cabinetry for ample storage. Whether you're cooking for a crowd or enjoying a quiet meal, this kitchen offers both style and convenience.The primary bedroom is a true retreat, offering comfort and tranquility. Don’t miss the hidden secret compartment tucked away within this room – a unique feature for extra storage or a fun surprise! The remodeled bathroom is equally stylish, with modern fixtures and finishes that elevate the space.Outside, the backyard offers privacy and space for outdoor living. Whether you’re hosting a barbecue, gardening, or simply unwinding, this outdoor oasis is perfect for enjoying the Pacific Northwest weather.Located in a quiet, friendly neighborhood, this home is just minutes from parks, schools, shopping, and dining. This one-of-a-kind bungalow is a rare find, combining vintage charm with all the benefits of modern updates. Don’t miss your chance to own this gem!

Last Agent to Sell the Property

Angie Hobson

Summa Real Estate Group License #201234540 Listed on: 02/13/2025

Last Buyer's Agent

Jennifer Maben

Harcourts Real Estate Network Group License #970300166

Harcourts Real Estate Network Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Property is zoned R-5

Parking

  • 1 Car Detached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Solar Tube

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Rain Barrels or Cisterns

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00531990

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,479

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1954
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 485000.0
  • Open House: No
  • Room 11 Features: Disposal,HardwoodFloors,KitchenDiningRoomCombo,Microwave
  • Room 12 Features: HardwoodFloors,LivingRoomDiningRoomCombo
  • Room 13 Features: BuiltinFeatures,ClosetOrganizer,HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 8 Features: HardwoodFloors
  • Room 9 Features: HardwoodFloors,KitchenDiningRoomCombo,LivingRoomDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, MinimalSteps, OneLevel, UtilityRoomOnMain
  • Total Bathrooms: 1.0
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, Laundry, SolarTube, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, InstantHotWater, Microwave, PlumbedForIceMaker, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,VinylSiding
  • Exterior Features: CoveredPatio, Porch, RainBarrelCistern, ToolShed, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, PublicRoad
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Tankless
  • Internet Service Type: Cable
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger

Lot Info

  • Farm: No
  • Zoning: R-5
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 00531990

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3478.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 6, 2025
Sold by
Wachlin Josiah Samson
Bought by
Davis Cortland Robert and Jette Katherine Marie
Seller's Agent
Angie Hobson
Summa Real Estate Group
Buyer's Agent
Jennifer Maben
Harcourts Real Estate Network Group
List Price
$460,000
Sold Price
$485,000
Premium/Discount to List
$25,000
5.43%
Views
167
Current Estimated Value
$463,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,774
Avg. Annual Appreciation
-5.65%
Original Mortgage
$460,750
Outstanding Balance
$458,039
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$5,187

Purchase Details

Closed on
Dec 20, 2001
Sold by
Blessing Scott R and Blessing Katherine R
Bought by
Blessing Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 9, 1999
Sold by
Simmons Dean A and Ayala Simmons Janet M
Bought by
Blessing Scott R and Blessing Katherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,350
Interest Rate
7.32%

Purchase Details

Closed on
Jan 31, 1996
Sold by
Nelson Alex L and Linton Nelson Lori L
Bought by
Simmons Dean A and Ayala Simmons Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,049
Interest Rate
7.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $485,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title
Warranty Deed $131,957 First American Title Ins Co
Individual Deed $109,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,750 New Conventional
Previous Owner $121,600 Credit Line Revolving
Previous Owner $125,350 No Value Available
Previous Owner $109,049 FHA
Closed $30,400 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $485,000 +5.4% $465 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $460,000 -- $441 / 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 $3,578 $177,570 -- --
2024 $3,479 $172,399 -- --
2023 $3,479 $167,378 $0 $0
2022 $3,235 $162,503 $0 $0
2021 $3,116 $157,770 $0 $0
2020 $3,042 $153,175 $0 $0
2019 $3,007 $148,714 $0 $0
2018 $2,897 $144,383 $0 $0
2017 $2,811 $140,178 $0 $0
2016 $2,718 $136,095 $0 $0
2015 $2,628 $132,131 $0 $0
2014 $2,558 $128,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 156170614

Regional Multiple Listing Service (RMLS)

APN: 00531990