Seller's Agent in 2019
Lee McKnight
Cascade Hasson Sotheby's International Realty
(503) 481-8974
1 in this area
98 Total Sales
8959 SW 40th Ave Portland, OR 97219
Multnomah NeighborhoodEstimated Value: $488,000 - $621,000
2
Beds
1
Bath
1,898
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Greenhouse
- RV Access or Parking
- Seasonal View
- Capitol Hill Elementary School Rated 9+
- Wood Burning Stove
- Wooded Lot
About This Home
As of August 2019Vintage Village! Sunlit corner lot, in popular Multnomah Village, delightfully restored w/craftsmanship & love. Original details: hardwoods, built-ins, millwork feel modern + fresh. Crisp, clever finishes, stylish, smart updates fill this charming cottage w/sophistication & hard working style! [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10137430]
Last Agent to Sell the Property
Cascade Hasson Sotheby's International Realty License #960300246 Listed on: 05/11/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,375
Year Built
- Built in 1938
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 120x67.5
- Poultry Coop
- Fenced
- Xeriscape Landscape
- Corner Lot
- Level Lot
- Wooded Lot
- Raised Garden Beds
- Property is zoned R7
Parking
- 1 Car Attached Garage
- Converted Garage
- Oversized Parking
- Garage on Main Level
- Workshop in Garage
- Driveway
- Off-Street Parking
- RV Access or Parking
Property Views
- Seasonal
- Territorial
Home Design
- Cottage
- Composition Roof
- Wood Siding
- Lap Siding
- Low Volatile Organic Compounds (VOC) Products or Finishes
Interior Spaces
- 1,898 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wainscoting
- Vaulted Ceiling
- 2 Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Gas Fireplace
- Natural Light
- Mud Room
- Family Room
- Living Room
- Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Reclaimed Wood
- Wall to Wall Carpet
- Linoleum
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
- Dual Flush Toilets
Laundry
- Laundry Room
- Washer and Dryer
Accessible Home Design
- Accessibility Features
- Minimal Steps
Eco-Friendly Details
- Green Certified Home
Outdoor Features
- Patio
- Outdoor Water Feature
- Outdoor Fireplace
- Greenhouse
Schools
- Capitol Hill Elementary School
- Jackson Middle School
- Wilson High School
Utilities
- No Cooling
- 95% Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Multnomah Village Subdivision
Listing and Financial Details
- Assessor Parcel Number R304958
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2019
Closed on
Aug 30, 2019
Sold by
Masthem Kristina G
Bought by
Martin June P and Shadgett Andrew L
Seller's Agent
Lee McKnight
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Rochelle Peralta
Keller Williams Realty Portland Premiere
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,113
Avg. Annual Appreciation
1.66%
Original Mortgage
$484,350
Outstanding Balance
$426,883
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$142,456
Purchase Details
Closed on
Aug 13, 2012
Sold by
Masthem Kristina G
Bought by
Masthem Kristina G and Kristina G Masthem Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2010
Sold by
Masthem Kristina
Bought by
Masthem Kristina G and Kristina G Masthem Revocable Trust
Purchase Details
Closed on
Jun 25, 2009
Sold by
Whelan Michael
Bought by
Crossman Mark and Masthem Kristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2008
Sold by
Negrin Linda R
Bought by
Whelan Michael and Whelan Elizabeth
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin June P | $515,000 | First American | |
| Masthem Kristina G | -- | Chicago Title Company Oregon | |
| Masthem Kristina G | -- | Chicago Title Company Oregon | |
| Masthem Kristina G | -- | None Available | |
| Crossman Mark | $257,500 | Lawyers Title Insurance Corp | |
| Whelan Michael | -- | Lawyers Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin June P | $484,350 | |
| Previous Owner | Masthem Kristina G | $200,000 | |
| Previous Owner | Crossman Mark | $206,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2019 08/30/19 | Sold | $515,000 | -1.9% | $271 / Sq Ft |
| 07/15/2019 07/15/19 | Pending | -- | -- | -- |
| 06/07/2019 06/07/19 | Price Changed | $525,000 | -4.5% | $277 / Sq Ft |
| 05/11/2019 05/11/19 | For Sale | $550,000 | -- | $290 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $4,820 | $180,320 | -- | -- |
| 2023 | $4,635 | $175,070 | $0 | $0 |
| 2022 | $4,535 | $169,980 | $0 | $0 |
| 2021 | $4,458 | $165,030 | $0 | $0 |
| 2020 | $4,089 | $160,233 | $0 | $0 |
| 2019 | $3,477 | $137,320 | $0 | $0 |
| 2018 | $3,375 | $133,330 | $0 | $0 |
| 2017 | $3,235 | $129,450 | $0 | $0 |
| 2016 | $2,960 | $125,680 | $0 | $0 |
| 2015 | $2,882 | $122,020 | $0 | $0 |
| 2014 | $2,839 | $118,470 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lee McKnight
-
Rochelle Peralta
Buyer's Agent in 2019
Rochelle Peralta
Keller Williams Realty Portland Premiere
(503) 793-4041
46 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 19360919
APN: R304958
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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.
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