640 Faloma Rd
Portland, OR 97211
3 bd 2 ba 2,800 sqft Built 1947 Lot 16,553 sqft single_family
Most recent sale
$475,000
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 21, 2022 | Sold | $475,000 | MLS #22300258 |
| Apr 21, 2022 | Price changed | $499,000 | MLS #22300258 |
| Apr 15, 2022 | Price changed | $519,900 | MLS #22300258 |
| Mar 25, 2022 | Price changed | $525,000 | MLS #22300258 |
| Feb 26, 2022 | Listed | $550,000 | MLS #22300258 |
| Nov 4, 2021 | Sold | $350,000 | MLS #21087950 |
| Jan 25, 2018 | Sold | $237,000 | MLS #17524771 |
| Dec 14, 2017 | Price changed | $275,000 | MLS #17524771 |
| Nov 20, 2017 | Listed | $285,000 | MLS #17524771 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $174,400 | $5,035 |
| 2024 | — | — | $174,400 | $4,852 |
| 2023 | — | — | $164,400 | $4,654 |
| 2022 | — | — | $159,620 | $4,556 |
| 2021 | — | — | $154,980 | $4,464 |
| 2020 | — | — | $150,470 | $4,106 |
| 2019 | — | — | $146,090 | $3,952 |
| 2018 | — | — | $141,840 | $3,827 |
| 2017 | — | — | $137,710 | $3,655 |
| 2016 | — | — | $133,700 | $3,494 |
| 2015 | — | — | $129,810 | $3,205 |
| 2014 | — | — | $126,030 | $2,775 |
| 2013 | — | — | $122,360 | $2,614 |
| 2012 | — | — | $118,800 | $2,383 |
| 2011 | — | — | $115,340 | $2,574 |
| 2010 | — | — | $111,990 | $2,505 |
| 2009 | — | — | $108,730 | $2,563 |
| 2008 | — | — | $105,570 | $2,427 |
| 2007 | — | — | $102,500 | $2,419 |
Property facts
Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,800 sqft
Lot size
16,553 sqft
ZIP code
97211
City
Portland
Street
Faloma Rd
Coordinates
45.59863, -122.65843
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,600
Gross rental yield
14.15%
Implied cap rate
9.20%
Trend-extrapolated value
—
Frequently asked questions
When did 640 Faloma Rd last sell?
640 Faloma Rd most recently sold on Jun 21, 2022 for $475,000.
What is the current tax assessment for 640 Faloma Rd?
The most recent total assessment for 640 Faloma Rd (year 2025) is $174,400 with $5,035 in property tax.
How does 640 Faloma Rd's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $475,000.
When was 640 Faloma Rd built?
640 Faloma Rd was built in 1947.
How does 640 Faloma Rd compare to others on Faloma Rd?
We track 8 other properties on Faloma Rd. Browse the list under "Other properties on Faloma Rd" to compare beds, baths, and sale history.
What are the property facts for 640 Faloma Rd?
640 Faloma Rd is a 3 bed, 2 bath, 2,800 sqft, 16,553 sqft lot single_family.
Is 640 Faloma Rd a flip candidate?
Yes — 640 Faloma Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 640 Faloma Rd a tax-appeal candidate?
No — 640 Faloma Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$744.8K
2026 Q4
$760.9K
ZIP 97211 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Faloma Rd