See Home Value
$652,307*
House - Off Market

2406 NE 40TH AVE

Portland, OR 97212
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1403 Sqft
$608,000 - $742,000
Reference Base Price*
-3.36%
Since Jul 1, 2023
OR-Portland
Primary Model
Sold Jul 21, 2023
$680,000
Sold Oct 31, 2019
$500,000
$400,000 by Oregonians Cu
Mortgage Due Nov 01, 2049

About This Property

Experience the perfect combination of vintage charm and contemporary living in this gorgeous Grant Park home. Three bedroom, two bathroom home with lower level finished basement - perfect for family room, work from home office, multi-generational living, home gym, or hobby/craft space. On the upper level, new engineered oak hardwood floors throughout. Spacious living room with adjacent dining room area, perfect for entertaining. Level yard with beautiful landscaping in front and back of home. Great location - just two blocks from the Hollywood library, four blocks from Grant Park, and close proximity to local coffee shops, movie theater, and other shopping/dining opportunities. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10068901]

The manager has listed the unit size as 1403 square feet.
Unit Size
1,403Ft²
Days on Market
-
Land Size
-
Price per sqft
$481
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold to Katherine B Weeks, Lee S Pike $680,000
Sold to Katherine B Weeks, Lee S Pike
Jun 14, 2023 No longer available -
No longer available
Jun 8, 2023 Listed $675,000
Listed
Oct 31, 2019 Sold to Daniel Munoz Tobon, Jennife... $500,000
Sold to Daniel Munoz Tobon, Jennife...
Oct 4, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 552
  • Garage Type: Attached
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,686
  • Gross Building Area: 1,686
  • Building Area: 1,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,410
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSSMERE
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSSMERE, BLOCK 14, LOT 16

Ownership

  • Current Owner : WEEKS KATHERINE B
  • Current Owner 2: PIKE LEE S
  • Previous Owner : TABOR DANIEL MUNOZ
  • Previous Owner 2: PETERSON JENNIFER KATE
  • Owner Before Previous Owner: FRIESNER LARRY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002701

Zoning

  • Zoning: R5

Geography

  • Account Number: R729801420
  • Parcel: R262464
  • Block: 14
  • Lot: 16
  • Meridian: SEC 25 TWN 01N RNG 01E
  • Latitude: 45.5399
  • Longitude: -122.622

    Address

  • Full Address: 2406 Ne 40th Ave
  • Address - House Number: 2406
  • Street Direction: NE
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C006
  • 4-Digit Zip Code: 5419
  • Zip Code: 97212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,637
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 679,511
  • High Value: 795,207
  • Low Value: 563,816

    Market Valuation

  • Market Total Value: $699,490
  • Market Land Value: $360,000
  • Market Improvement Value: $339,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,460

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Transaction ID: 11909694849
  • Current Sale Price: $680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45399
  • Previous Sale Recording Date: Oct 31, 2019
  • Previous Sale Contract Date: Oct 26, 2019
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jul 21, 2023
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: OREGONIANS CU
  • Previous Mortgage Transaction Date: Oct 31, 2019
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,942 ft²
$309/ft²
$599,900 Jun 8, 2023
-
$454/mo
House
3 Beds
1 Bath
2,114 ft²
$267/ft²
$564,900 Jun 8, 2023
-
$441/mo
House
2 Beds
2 Baths
2,058 ft²
$309/ft²
$635,000 May 25, 2023
-
$641/mo
House
3 Beds
1 Bath
3,002 ft²
$226/ft²
$679,000 Jun 7, 2023
-
$744/mo
House
4 Beds
1 Bath
2,248 ft²
$245/ft²
$549,999 Jun 9, 2023
-
$418/mo
Multifamily
Stu
-
4,405 ft²
$174/ft²
$765,000 Jun 8, 2023
-
$546/mo

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 2406 Northeast 40th Avenue built and last sold?
The property at 2406 Northeast 40th Avenue was built in 1973 and last sold on Jun 13, 2023 for $680,000.
How much is this home worth?
The estimated value of the home located at 2406 Northeast 40th Avenue is $665,805.
What are some comparable homes to 2406 Northeast 40th Avenue?
Homes that are comparable to 2406 Northeast 40th Avenue include a house property at 4606 Northeast Failing Street, 5003 Northeast Halsey Street, 4214 Northeast Hazelfern Place.

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