NOT LISTED FOR SALE

8722 SE 40th Ave Milwaukie, OR 97222

Ardenwald Neighborhood

Estimated Value: $688,000 - $838,843

4 Beds
3 Baths
2,388 Sq Ft
$316/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $790,000 $331 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,744/month

3 Days on Market

Highlights

  • RV Access or Parking
  • 2 Fireplaces
  • Private Yard
  • Deck
  • Quartz Countertops
  • 5-minute walk to Ardenwald Park

About This Home

As of October 2021

OPN HOUSE SAT&SUN(9/18-9/19) 1-3PM. Completely remodeled Mid-Mod farmhouse on .37 acres in the heart of Milwaukie. Great open concept layout with lots of light. Custom kitchen w/island, quartz, wood beams, and eating nook opens to dining room and large living room with fireplace and large windows. Fully finished basement with 2nd suite and separate entry. Fully fenced backyard with large deck and plenty of room to play and entertain. 2 Car detached garage.

Last Agent to Sell the Property

Leanne Ishibashi

MORE Realty License #201003122 Listed on: 09/17/2021

MORE Realty

Last Buyer's Agent

Jene DeSpain

Living Room Realty License #201231482

Living Room Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,911

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Fenced
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Property is zoned R7

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-in Shower
  • 2-Story Property
  • 2 Fireplaces
  • Quartz Countertops
  • Laundry Room
  • Property Views
  • Finished Basement

Flooring

  • Wall to Wall Carpet
  • Tile

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Gas
  • Tankless Water Heater
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,911

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Farmhouse, Mid-Century Modern
  • Sq Ft Calculated: 1700
  • Sq Ft Approximate Total: 2388
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1950
  • Property Condition: Updated/Remodeled
  • Remarks Public: OPN HOUSE SAT&SUN(9/18-9/19) 1-3PM. Completely remodeled Mid-Mod farmhouse on .37 acres in the heart of Milwaukie. Great open concept layout with lots of light. Custom kitchen w/island, quartz, wood beams, and eating nook opens to dining room and large living room with fireplace and large windows. Fully finished basement with 2nd suite and separate entry. Fully fenced backyard with large deck and plenty of room to play and entertain. 2 Car detached garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Walk-in Shower, Main Floor Bedroom w/Bath
  • Additional Room Features: Built-in Features, Wall to Wall Carpet, Sink, Closet
  • Additional Rooms: Laundry, 4th Bedroom
  • All Room Features: Bathroom, Built-in Range, Built-in Features, Dishwasher, Eat Bar, Fireplace, Island, Sliding Doors, Walk-in Shower, Wall to Wall Carpet, Sink, Closet, Quartz
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Laundry, Tile Floor, Wall to Wall Carpet, Quartz
  • Kitchen Appliances: Built-in Range, Dishwasher, Disposal, Gas Appliances, Island, Quartz, Range Hood
  • Legal Description: 555 MASONMEAD LTS 13 & 14 BLK 2
  • Sq Ft Lower Level: 688
  • Sq Ft Main Level: 1700
  • Bedrooms: 4
  • Master Bedroom: Features: Bathroom, Walk-in Shower, Closet,On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Finished
  • Dining Room: Features: Sliding Doors,On Level: Main
  • Living Room: Features: Fireplace,On Level: Main
  • Kitchen: Features: Built-in Range, Dishwasher, Eat Bar, Island, Quartz,On Level: Main
  • Additional Room 1: Description: Laundry,Features: Built-in Features, Sink,On Level: Lower
  • Additional Room 2: Description: 4th Bedroom,Features: Wall to Wall Carpet, Closet,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Exterior Features: Deck, Fenced, Patio, Yard
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Concrete Perimeter
  • R V Description: RV Parking
  • View: Yes
  • Road Surface: Paved

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas, Tankless
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Heat Pump, Wood Stove

Schools

  • Elementary School: Ardenwald
  • Middle School: Rowe
  • High School: Milwaukie

Lot Info

  • Lot Description: Level, Trees
  • Acres: 0.27
  • Zoning: R7

Tax Info

  • Tax Amount: 4746.97
  • Assessor Parcel Number: 00000796
  • Tax Year: 2020

MLS Schools

  • Elementary School: Ardenwald
  • High School: Milwaukie
  • Middle School: Rowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 18, 2021
Sold by
Peredereyev Velentine and Vmv Group Llc
Bought by
Ellingsen Erica and Mattson Melissa
Seller's Agent
Leanne Ishibashi
MORE Realty
Buyer's Agent
Jene DeSpain
Living Room Realty
List Price
$699,900
Sold Price
$790,000
Premium/Discount to List
$90,100
12.87%
Current Estimated Value
$749,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,182
Avg. Annual Appreciation
-1.55%
Original Mortgage
$690,000
Outstanding Balance
$637,351
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,980

Purchase Details

Closed on
Mar 18, 2021
Sold by
Selander Kevin G
Bought by
Vmv Group Llc

Purchase Details

Closed on
May 3, 2019
Sold by
Selander Matthew W and Melvin W Selander Living Trust
Bought by
Selander Kevin G

Purchase Details

Closed on
May 13, 2008
Sold by
Selander Melvin W
Bought by
Selander Melvin W and The Melvin W Selander Trustee Living Tr

Purchase Details

Closed on
Jun 29, 1998
Sold by
Dempsey Kim A and Dempsey Linda M
Bought by
Selander Melvin W
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
Ellingsen Erica $790,000 Lawyers Title
Vmv Group Llc $280,000 Fidelity Natl Ttl Co Of Or
Selander Kevin G -- None Available
Selander Melvin W -- None Available
Selander Melvin W $146,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellingsen Erica $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $790,000 +12.9% $331 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $699,900 -- $293 / 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 $7,911 $350,911 $0 $0
2022 $7,306 $340,691 $0 $0
2021 $4,899 $229,858 $0 $0
2020 $4,747 $223,164 $0 $0
2019 $4,676 $216,665 $0 $0
2018 $4,158 $210,354 $0 $0
2017 $4,039 $204,227 $0 $0
2016 $3,904 $198,279 $0 $0
2015 $3,717 $192,504 $0 $0
2014 $3,525 $186,897 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Leanne Ishibashi

    MORE Realty

    (503) 205-0614

    1 in this area

    327 Total Sales

    Section Image
  • Jene DeSpain

    Buyer's Agent in 2021

    Jene DeSpain

    Living Room Realty

    (503) 780-6270

    1 in this area

    114 Total Sales

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21265956

Regional Multiple Listing Service (RMLS)

APN: 00000796

Oregon Clackamas County Milwaukie 97222 Ardenwald

8722 SE 40th Ave, Milwaukie, OR

This home is located at 8722 SE 40th Ave, Milwaukie, OR 97222 since 17 September 2021 and is currently estimated at $754,461, approximately $315 per square foot. This property was built in 1950. 8722 SE 40th Ave is a home located in Clackamas County with nearby schools including Ardenwald Elementary School, Rowe Middle School, and Milwaukie 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