A rare find in the heart of Old Town Sherwood, this charming one-level 1925 cottage combines timeliness character and exceptional flexibility of uses. The home is zoned Medium Density Residential (MDRL) and is also located within the Old Town Overlay District which grants retail and commercial allowances, creating a unique potential for a variety of home-based or mixed-use opportunities. The 1,410 sqft home features 3 bedrooms (1 nonconforming) and a remodeled bathroom. It appears original wood floors lie beneath the carpets. Inside, enjoy a cozy living room with a certified woodstove, a custom kitchen and a large utility room. Step out back to a spacious newer deck, covered parked, and a 30x20 garage/shop with its own woodstove, ideal for projects, hobbies or workspace. The private backyard offers a peaceful retreat just steps from the vibrant shops, restaurants, and transit options of Old Town Sherwood. Appliances are included, along with a new hot water heater. A true Old Town Sherwood gem offering charm, location, and versatility.
Sold
Street View
$424,782
16040 SW 3rd St, Sherwood, OR 97140
3beds
1,410sqft
Residential, Single Family Residence
Built in 1925
5,227.2 Square Feet Lot
$431,200 Zestimate®
$301/sqft
$2,465 Estimated rent
Home value
$431,200
$405,000 - $457,000
$2,465/mo
Zestimate® history
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$2,544/mo
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Zillow last checked:
Listing updated:
Listed by:
Erik Bennett 503-984-9028,
Metro West Realty
Bought with:
Robyn Schamberger, 201222603
eXp Realty, LLC
Source: RMLS (OR),MLS#: 232529098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Closet, Tile Floor
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Bedroom 3
- Features: Exterior Entry, French Doors, Garden Window, Sliding Doors, Wallto Wall Carpet
- Level: Main
- Area: 153
- Dimensions: 17 x 9
Family room
- Features: Wallto Wall Carpet
- Level: Main
- Area: 255
- Dimensions: 15 x 17
Kitchen
- Features: Ceiling Fan, Gas Appliances, Double Sinks, Free Standing Range, Free Standing Refrigerator, Laminate Flooring
- Level: Main
- Area: 168
- Width: 14
Living room
- Features: Exterior Entry, Wallto Wall Carpet, Wood Stove
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Heating
- Forced Air, Wood Stove
Appliances
- Included: Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Free-Standing Range, Gas Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Speed Internet, LShaped, Closet, Double Vanity, Pantry
- Flooring: Hardwood, Laminate, Wall to Wall Carpet, Tile
- Doors: Storm Door(s), French Doors, Sliding Doors
- Windows: Aluminum Frames, Vinyl Frames, Garden Window(s)
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Stove, Wood Burning Stove
Interior area
- Total structure area: 1,410
- Total interior livable area: 1,410 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Covered
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Bathroom Cabinets, Main Floor Bedroom Bath, Minimal Steps, One Level, Utility Room On Main, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Exterior features: Yard, Exterior Entry
- Fencing: Fenced
- Has view: Yes
- View description: City, Park/Greenbelt
Lot
- Size: 5,227 sqft
- Dimensions: 55' x 105' x 50' x 100'
- Features: Level, Seasonal, Trees, SqFt 5000 to 6999
Details
- Additional structures: Outbuilding, Workshop
- Parcel number: R554885
- Zoning: MDRL
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Board & Batten Siding, Shake Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1925
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Sherwood
- Subdivision: Sherwood
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Sold | $424,782-0.1%$301/sqft |
Source:  RMLS (OR) #232529098 Report a problem | ||
| 11/1/2025 | Pending sale | $425,000$301/sqft |
Source: RMLS (OR) #232529098 Report a problem | ||
| 10/29/2025 | Price change | $425,000-5.3%$301/sqft |
Source: RMLS (OR) #232529098 Report a problem | ||
| 10/9/2025 | Listed for sale | $449,000$318/sqft |
Source: RMLS (OR) #232529098 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,915 +3.8% | $147,340 +3% |
| 2024 | $2,808 +2.4% | $143,050 +3% |
| 2023 | $2,741 +11.8% | $138,890 +3% |
| 2022 | $2,453 +1.3% | $134,850 |
| 2021 | $2,421 +1.7% | -- |
| 2020 | $2,381 +1.9% | $127,120 +3% |
| 2019 | $2,336 +3.1% | $123,420 |
| 2018 | $2,265 | $123,420 +6.1% |
| 2017 | $2,265 +6.1% | $116,340 +3% |
| 2016 | $2,136 | $112,960 +3% |
| 2015 | $2,136 +5.3% | $109,670 +3% |
| 2014 | $2,029 +3% | $106,480 +3% |
| 2013 | $1,969 +3.7% | $103,380 +3% |
| 2012 | $1,898 +2.8% | $100,370 -48.7% |
| 2011 | $1,847 +2.2% | $195,640 -3.8% |
| 2010 | $1,807 +2.5% | $203,360 -4.3% |
| 2009 | $1,764 +5.2% | $212,480 -12.4% |
| 2008 | $1,677 +0.8% | $242,520 +0.2% |
| 2007 | $1,664 +19.1% | $242,100 +11.5% |
| 2006 | $1,398 +0.7% | $217,070 +30.6% |
| 2005 | $1,388 +1.1% | $166,270 +9.7% |
| 2004 | $1,373 +1.4% | $151,560 +8.5% |
| 2003 | $1,355 +1.8% | $139,660 +7.1% |
| 2002 | $1,331 +0.8% | $130,440 +0.7% |
| 2001 | $1,320 +9.6% | $129,470 +1.7% |
| 2000 | $1,204 | $127,280 |
Find assessor info on the county website
Neighborhood: 97140
Nearby schools
GreatSchools rating
- 8/10Hawks View Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 9/10Sherwood Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Sherwood High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Hawks View
- Middle: Sherwood
- High: Sherwood
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$431,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$431,200
- Oregon
- Washington County
- Sherwood
- 97140
- 16040 SW 3rd St
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