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5305 NE 40th Ave, Portland, OR, 97211

$495,000

Home List Price

$5,878*

Closing Credit

2 Bedrooms
1 Full Bath
922 SqFt
$537/SqFt
House

Location

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5305 NE 40th Ave, Portland$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1949
HeatingForced Air
CoolingCentral Air
MLS #24476441
Lot Size0.12 Acres
StatusActive

About 5305 NE 40th Ave

Your house hunting journey ends here. The charm and magic start the moment you step foot on this private, sunny, lushly landscaped corner lot. From the stunning renovated interior to the heated detached garage/studio, you will surely fall in love. Gorgeous hardwoods, classic vintage built-ins, chic light fixtures and walls of large newer windows create a timeless and happy home backlit by sunshine. The modernized kitchen effortlessly flows into a large formal dining room offering a bright and cheery place to gather. Rare pantry space and built-in storage in mudroom off kitchen. The remodeled bathroom featuring a new custom vanity, stylish fixtures, and gorgeous tile will delight you. Much desired one level living with formal living spaces, two large bedrooms, and abundant storage in crawl space. If this wasn't enough, the heated detached garage is the perfect flex space with a large window for natural light, and ample built-in storage. Art studio, workshop, gym, office, the possibilities are endless. Long driveway gives off street parking if using garage for living space. Enjoy a quiet evening on the covered back deck, or entertain friends and family around the large fire pit in your beautifully landscaped and fully fenced yard filled with a gorgeous variety of flowering shrubs, mature trees, and low maintenance plants.The charming front porch, greenhouse, and garden beds add to the enchanting feel of this home. Seismically retrofitted, newer windows, roof replaced in 2015, brand new exterior paint. Easy one-level living blocks from coveted Concordia shops, parks & services. This is the one you’ve been waiting for! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10059367]

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1949
  • Stories: 1
  • Living Area: 922 SqFt

Listing Office:

  • Office Name: Cascade Hasson Sotheby's International Realty
  • Office Phone: (503) 420-8650
  • Listing Agent: Lauren Hasson, Donna Johnson

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Laundry, Quartz, Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Covered Deck, Deck, Fence, Garden, Greenhouse, Outdoor Fireplace, Yard

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Secluded
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Jefferson High School, Public District Grades 9-12
  • Madison High School, Public District Grades 9-12
  • Vernon Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Corner of NE 40th Ave at Emerson

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $537/SqFt

Tax Information:

  • Annual Amount: $3,699
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$539.4K

Med. Price/SqFt

$315

Avg. Days On Market

37

# of Sold Homes

870

5305 NE 40th Ave vs Portland

1 DAY ON ROCKET

-36 Days

$495,000

-$44.4K Less

$537/SqFt

+$221 More

KEY TAKEAWAY

This property is $44.4K less than the Median Sold Price and $221/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24476441

Listing Office:

  • Office Name: Cascade Hasson Sotheby's International Realty
  • Office Phone: (503) 420-8650
  • Listing Agent: Lauren Hasson, Donna Johnson

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2019Home Sold
$430,000
Apr 16, 2013Home Sold
$280,500
Jan 22, 2004Home Sold
$157,500
Oct 09, 1996Home Sold
$98,000
May 01, 1990Home Sold
$30,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,699$144,780
2018$3,458$136,480
2017$3,315$132,510

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-164708
8
/10

  • Vernon Elementary School

  • 2044 NE Killingsworth St

  • 1.02 miles

  • Public District Grades KG-8

High School

school-card-donut-164709
8
/10

  • Jefferson High School

  • 5210 N Kerby Ave

  • 2.38 miles

  • Public District Grades 9-12

school-card-donut-164710
6
/10

  • Madison High School

  • 2735 NE 82nd Ave

  • 2.46 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,925. Typical income of Portland, OR residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5305 NE 40th Ave

What is the listing price of this property?

The listing price of 5305 NE 40th Ave property is $495,000.

What type of property is this?

The property 5305 NE 40th Ave is a house located in Portland, Oregon, 97211.

Is this property for sale now?

Active Listing: 5305 NE 40th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5305 NE 40th Ave are:
Vernon Elementary School: GreatSchools Rating 8/10
Jefferson High School: GreatSchools Rating 8/10
Madison High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,699 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 18, 2019 for $430,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5305 NE 40th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5305 NE 40th Ave is 922 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5305 NE 40th Ave is 1949.

Rocket Homes›Oregon›Multnomah County›Portland›97211›5305 NE 40th Ave

This home is located at 5305 NE 40th Ave in Portland, OR and zip code 97211 in the Concordia neighborhood. This 922 square foot home, which was built in 1949, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $495,000.

While more than 295 listings in Portland, OR in August 2024 were sold above asking price, there were more than 210 listings sold at asking price, and more than 365 were sold below. The number of listings in Portland, OR increased by 2.3% between July 2024 and August 2024. In August 2024 median list price was $539,479 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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