NOT LISTED FOR SALE

9040 SW Monterey Place Portland, OR 97225

Estimated Value: $703,000 - $841,848

5 Beds
4 Baths
2,865 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $535,000 $187 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,589/month

3 Days on Market

Highlights

  • Fireplace
  • Views
  • Parking Storage or Cabinetry
  • West Tualatin View Elementary School Rated A-
  • Landscaped with Trees
  • Garage

About This Home

As of December 2019

Rare listing in prime location! Spacious units with time period character. Currently occupied please respect occupants privacy. No sign on the property. Text or call listing agent for details.

Last Agent to Sell the Property

Tina Melum

Melum Properties License #200410088 Listed on: 10/18/2019

Last Buyer's Agent

Amber Turner

Think Real Estate License #200507324

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,119

Year Built

  • Built in 1967

Lot Details

  • Landscaped with Trees

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Property Views

Kitchen

  • Range
  • Dishwasher

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,119

Year Built

Built in 1967

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2865
  • Stories: 2
  • Year Built: 1967
  • Remarks Public: Rare listing in prime location! Spacious units with time period character. Currently occupied please respect occupants privacy. No sign on the property. Text or call listing agent for details.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PACIFIC GREEN, LOT 28, ACRES .22
  • Basement: Crawl Space, Partial Basement
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Metal
  • View: Seasonal, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Garage Door Opener, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: W Tualatin View
  • Middle School: Cedar Park
  • High School: Beaverton

Lot Info

  • Lot Description: Trees
  • Zoning: R15

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 5345.48
  • Assessor Parcel Number: R0009047
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.90

MLS Schools

  • Elementary School: W Tualatin View
  • High School: Beaverton
  • Middle School: Cedar Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 4, 2019
Sold by
Cook Paddy A
Bought by
Williams Jon C and Galian Hillary
Seller's Agent
Tina Melum
Melum Properties
Buyer's Agent
Amber Turner
Think Real Estate
List Price
$529,900
Sold Price
$535,000
Premium/Discount to List
$5,100
0.96%
Current Estimated Value
$750,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,712
Avg. Annual Appreciation
5.99%
Original Mortgage
$428,000
Outstanding Balance
$378,447
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$372,265

Purchase Details

Closed on
Apr 7, 2015
Sold by
Davis Catherine Patricia
Bought by
Catherine Patricia Davis Living Trust

Purchase Details

Closed on
Jul 11, 2003
Sold by
Davis Catherine Patricia
Bought by
Davis Catherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 1998
Sold by
Davis Catherine P and Davis Douglas L
Bought by
Davis Catherine Patricia

Purchase Details

Closed on
Jul 15, 1994
Sold by
Davis Catherine Patricia
Bought by
Davis Catherine Patricia
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
Williams Jon C $535,000 First American
Catherine Patricia Davis Living Trust -- None Available
Davis Catherine P -- Pacific Nw Title
Davis Catherine Patricia -- Pacific Nw Title
Davis Catherine Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Jon C $428,000
Previous Owner Davis Catherine P $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $535,000 +1.0% $187 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $529,900 -- $185 / 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 $7,119 $393,090 -- --
2024 $6,685 $381,650 -- --
2023 $6,685 $370,540 $0 $0
2022 $6,468 $370,540 $0 $0
2021 $6,235 $349,280 $0 $0
2020 $5,713 $320,350 $0 $0
2019 $5,526 $311,020 $0 $0
2018 $5,345 $301,970 $0 $0
2017 $5,153 $293,180 $0 $0
2016 $4,970 $284,650 $0 $0
2015 $4,778 $276,360 $0 $0
2014 $4,682 $268,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tina Melum

    Melum Properties

  • Amber Turner

    Buyer's Agent in 2019

    Amber Turner

    Think Real Estate

    (503) 847-2722

    148 Total Sales

    Amber Turner
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19659133

Regional Multiple Listing Service (RMLS)

APN: R9047

Oregon Washington County Portland 97225

9040 SW Monterey Place, Portland, OR

This home is located at 9040 SW Monterey Place, Portland, OR 97225 since 18 October 2019 and is currently estimated at $750,712, approximately $262 per square foot. This property was built in 1967. 9040 SW Monterey Place is a home located in Washington County with nearby schools including West Tualatin View Elementary School, Cedar Park Middle School, and Beaverton 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.

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