This Concordia home commands the corner as it sits above the street with sunny, light-filled rooms. Great bones and vintage charm welcome you into a fresh interior with new paint, carpet and fixtures. Lots of potential for a renting roommate in the basement which has a bedroom, bonus room, ½ bath, shower, sink w/counter space. The single car garage adds storage possibilities for vehicles, toys and tools. Make your mark while you build equity and live comfortably in a super location; minutes to plenty of fun places to eat, the McMenamins Kennedy School pub, New Seasons Market, and Alberta Arts all a quick bike ride away. Fernhill Park is within blocks and has a dog park, athletic track, play structures and picnic area. Very near the airport and main highways for fast commuting by car, or access public transit! Don't miss this one! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10222648]
Sold
$455,000
5437 NE 40th Ave, Portland, OR 97211
3beds
1,901sqft
Residential, Single Family Residence
Built in 1939
3,920.4 Square Feet Lot
$522,900 Zestimate®
$239/sqft
$3,231 Estimated rent
Home value
$522,900
$492,000 - $560,000
$3,231/mo
Zestimate® history
Owner options
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$3,231/mo
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$3,231/mo
Rent Zestimate®
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$2,775/mo
Est. payment
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$2,775/mo
Est. payment
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List your homeWhat's special
Vintage charmGreat bonesNew seasons marketBonus roomAthletic trackSingle car garagePlay structures
Zillow last checked:
Listing updated:
Listed by:
Janet Fisher-Welsh 503-422-5812,
Coldwell Banker Bain
Bought with:
Christine Binge, 201244864
Modern Realty
Source: RMLS (OR),MLS#: 23351780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Closet, Wallto Wall Carpet
- Level: Main
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Main
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Lower
Dining room
- Features: Wallto Wall Carpet
- Level: Main
Family room
- Features: Wallto Wall Carpet
- Level: Lower
Kitchen
- Features: Free Standing Range, Free Standing Refrigerator, Tile Floor
- Level: Main
Living room
- Features: Fireplace, Wallto Wall Carpet
- Level: Main
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Electric Water Heater, Tank Water Heater
Features
- Sink, Closet
- Flooring: Tile, Wall to Wall Carpet
- Windows: Wood Frames
- Basement: Exterior Entry,Full,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,901
- Total interior livable area: 1,901 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Yard
Lot
- Size: 3,920 sqft
- Features: Corner Lot, On Busline, SqFt 3000 to 4999
Details
- Parcel number: R197473
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1939
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Concordia
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $455,000-5.2%$239/sqft |
Source:  RMLS (OR) #23351780 Report a problem | ||
| 11/1/2023 | Pending sale | $479,950$252/sqft |
Source: RMLS (OR) #23351780 Report a problem | ||
| 10/13/2023 | Listed for sale | $479,950+128.3%$252/sqft |
Source: RMLS (OR) #23351780 Report a problem | ||
| 12/19/2017 | Listing removed | $1,695$1/sqft |
Source: Gordon Properties Inc. Report a problem | ||
| 11/9/2017 | Price change | $1,695-15%$1/sqft |
Source: Gordon Properties Inc. Report a problem | ||
| 9/19/2017 | Listed for rent | $1,995$1/sqft |
Source: Gordon Properties Inc. Report a problem | ||
| 9/2/2005 | Sold | $210,200+87.5%$111/sqft |
Source: Public Record Report a problem | ||
| 8/29/1997 | Sold | $112,095+19.9%$59/sqft |
Source: Public Record Report a problem | ||
| 10/3/1996 | Sold | $93,500$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,771 +3.7% | $177,080 +3% |
| 2024 | $4,600 +4% | $171,930 +3% |
| 2023 | $4,423 +2.2% | $166,930 +3% |
| 2022 | $4,328 +1.7% | $162,070 +3% |
| 2021 | $4,254 +9% | $157,350 +3% |
| 2020 | $3,903 +3.8% | $152,770 +3% |
| 2019 | $3,760 | $148,330 +3% |
| 2018 | $3,760 +3% | $144,010 +3% |
| 2017 | $3,649 +14% | $139,820 +3% |
| 2016 | $3,201 | $135,750 +3% |
| 2015 | $3,201 +2.7% | $131,800 +3% |
| 2014 | $3,117 +3.9% | $127,970 +3% |
| 2013 | $2,999 +10.5% | $124,250 +3% |
| 2012 | $2,713 +3.9% | $120,640 +3% |
| 2011 | $2,611 +5.4% | $117,130 +3% |
| 2010 | $2,477 +2.7% | $113,720 +3% |
| 2009 | $2,412 +6% | $110,410 +3% |
| 2008 | $2,276 +0.3% | $107,200 +3% |
| 2007 | $2,270 +11.4% | $104,080 +3% |
| 2006 | $2,038 +4.7% | $101,050 +3% |
| 2005 | $1,947 -8.2% | $98,110 +3% |
| 2004 | $2,120 +2.3% | $95,260 +3% |
| 2003 | $2,074 +8.9% | $92,490 +3% |
| 2002 | $1,904 +7.4% | $89,800 +6.1% |
| 2000 | $1,774 | $84,660 |
Find assessor info on the county website
Neighborhood: Concordia
Nearby schools
GreatSchools rating
- 9/10Vernon Elementary SchoolGrades: PK-8Distance: 1 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 2.4 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Vernon
- High: Jefferson,Leodis Mcdaniel
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
$522,900
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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
$522,900
- Oregon
- Multnomah County
- Portland
- 97211
- Concordia
- 5437 NE 40th Ave
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