NOT LISTED FOR SALE

5424 NE 40th Ave Portland, OR 97211

Concordia Neighborhood

Estimated Value: $560,000 - $603,422

3 Beds
1 Bath
1,672 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $575,000 $344 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,556/month

2 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • No HOA
  • Main Floor Primary Bedroom
  • Private Yard
  • 1 Car Detached Garage

About This Home

As of September 2022

Charming 3 br, 1 ba meditteranian style in pristine condition. Living room w/fireplace+large dining room w/mahogany built-ins. Primary bedroom and bath on main level. 2nd floor features 2 large bedrooms & office or craft space. New windows & shutters, Primary bedroom on the main level. Newer roof, furnace, tankless water heater, basement. Huge fenced yard with new sprinkler system, 1-car detached garage with private driveway. This neighborhood features many shops etc. 77 walk and 94 bike score!! [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10205324]

Last Agent to Sell the Property

Brian Johnson

Windermere Realty Trust License #201220025 Listed on: 09/10/2022

Windermere Realty Trust

Co-Listed By

Theresa Lowe

Keller Williams Realty License #26798

Last Buyer's Agent

Suzanne Goddyn

Windermere Happy Valley License #200308029

Windermere Happy Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 1938

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned RM1

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Mediterranean Architecture
  • Composition Roof
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Triple Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Free-Standing Range
  • Washer and Dryer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Eco-Friendly Details

  • Green Certified Home
  • Smart Irrigation

Schools

  • Vernon Elementary And Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Concordia/Kennedy School Subdivision

Listing and Financial Details

  • Assessor Parcel Number R197470

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,507

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1938
  • Property Condition: Resale
  • Unreinforced Masonry Building: No
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: MediterraneanMissionSpanish
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath, Parking
  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, WasherDryer
  • Basement: Unfinished
  • Window Features: TriplePaneWindows
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Fenced, Garden, SmartIrrigation, Sprinkler, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: RM1
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R197470

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4506.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Sep 28, 2022
Sold by
Lynn Gaulke Cindy
Bought by
Osborne Ellen and Bowman David A
Seller's Agent
Brian Johnson
Windermere Realty Trust
Buyer's Agent
Suzanne Goddyn
Windermere Happy Valley
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
4
Current Estimated Value
$578,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,047
Avg. Annual Appreciation
0.23%
Original Mortgage
$460,000
Outstanding Balance
$442,769
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$136,043
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
Osborne Ellen $575,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Ellen $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $575,000 +4.5% $344 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $550,000 -- $329 / 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 $4,686 $176,830 $0 $0
2022 $4,584 $171,680 $0 $0
2021 $4,507 $166,680 $0 $0
2020 $4,134 $161,830 $0 $0
2019 $3,982 $157,120 $0 $0
2018 $3,865 $152,550 $0 $0
2017 $3,705 $148,110 $0 $0
2016 $3,390 $143,800 $0 $0
2015 $3,302 $139,620 $0 $0
2014 $3,252 $135,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Johnson

    Seller's Agent in 2022

    Brian Johnson

    Windermere Realty Trust

    (503) 957-5587

    4 in this area

    151 Total Sales

    Section Image
  • Theresa Lowe

    Seller Co-Listing Agent in 2022

    Theresa Lowe

    Keller Williams Realty

    (360) 513-8116

    1 in this area

    178 Total Sales

    Section Image
  • Suzanne Goddyn

    Buyer's Agent in 2022

    Suzanne Goddyn

    Windermere Happy Valley

    (503) 830-8516

    1 in this area

    79 Total Sales

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22525272

Regional Multiple Listing Service (RMLS)

APN: R197470

Oregon Multnomah County Portland 97211 Concordia

5424 NE 40th Ave, Portland, OR

This home is located at 5424 NE 40th Ave, Portland, OR 97211 since 10 September 2022 and is currently estimated at $582,106, approximately $348 per square foot. This property was built in 1938. 5424 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.

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