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4519 40th Ave

Portland, OR 97202

3 bd 3 ba 1,526 sqft Built 1999 Lot 1,742 sqft townhomes
Most recent sale
$475,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $475,000 MLS #22316502
Jul 7, 2022 Listed $449,000 MLS #22316502
Feb 13, 2021 Listing removed $399,900 RMLS
Feb 28, 2003 Sold $208,000 Public Record
Aug 28, 2000 Sold $187,000 Public Record
Mar 17, 2000 Sold $188,450 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $244,480 $6,246
2019 $237,360 $6,016
2018 $230,450 $5,839
2017 $223,740 $5,596
2016 $217,230 $4,939
2015 $210,910 $4,413
2014 $204,770 $4,447
2013 $198,810 $4,038
2012 $193,020 $3,337
2011 $187,400 $3,547
2010 $181,950 $3,925
2009 $176,660 $3,860
2008 $171,520 $3,642
2007 $166,530 $3,631

Property facts

Year built
1999
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,526 sqft
Lot size
1,742 sqft
ZIP code
97202
City
Portland
Street
40th Ave
Coordinates
45.48990, -122.62207

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,052
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 4519 40th Ave last sell?
4519 40th Ave most recently sold on Aug 12, 2022 for $475,000.
What is the current tax assessment for 4519 40th Ave?
The most recent total assessment for 4519 40th Ave (year 2020) is $244,480 with $6,246 in property tax.
How does 4519 40th Ave's assessment compare to its last sale price?
The current assessment is 48.5% below the last sale price of $475,000.
When was 4519 40th Ave built?
4519 40th Ave was built in 1999.
How does 4519 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 4519 40th Ave?
4519 40th Ave is a 3 bed, 3 bath, 1,526 sqft, 1,742 sqft lot townhomes.
Is 4519 40th Ave a flip candidate?
No — 4519 40th Ave does not appear in our flips dataset.
Is 4519 40th Ave a tax-appeal candidate?
No — 4519 40th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$677.9K
2026 Q4
$673.7K
ZIP 97202 — Median Price History + Forecast

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