5118 Millstone Way
Portland, OR 97229
4 bd 3 ba 3,006 sqft Built 1992 Lot 8,712 sqft single_family
Most recent sale
$788,000
Feb 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 17, 2022 | Sold | $788,000 | MLS #21253020 |
| Jan 8, 2022 | Relisted | $735,000 | MLS #21253020 |
| Oct 28, 2021 | Listed | $775,000 | MLS #21253020 |
| Oct 28, 2016 | Sold | $488,500 | MLS #16052079 |
| Sep 22, 2016 | Relisted | $499,000 | MLS #16052079 |
| Sep 1, 2016 | Listing removed | $525,000 | RMLS |
| Aug 19, 2016 | Listed | $525,000 | MLS #16052079 |
| Apr 10, 2002 | Sold | $254,900 | Public Record |
| Feb 24, 1998 | Sold | $210,000 | Public Record |
| Jul 9, 1992 | Sold | $26,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $324,010 | $5,842 |
| 2019 | — | — | $314,580 | $5,666 |
| 2018 | — | — | $305,420 | $5,480 |
| 2017 | — | — | $296,530 | $5,284 |
| 2016 | — | — | $287,900 | $5,095 |
| 2015 | — | — | $279,520 | $4,927 |
| 2014 | — | — | $271,380 | $4,821 |
| 2013 | — | — | $263,480 | $4,715 |
| 2012 | — | — | $255,810 | $4,203 |
| 2011 | — | — | $248,360 | $4,097 |
| 2010 | — | — | $241,130 | $3,988 |
| 2009 | — | — | $234,110 | $3,907 |
| 2008 | — | — | $227,300 | $3,609 |
Property facts
Year built
1992
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,006 sqft
Lot size
8,712 sqft
ZIP code
97229
City
Portland
Street
Millstone Way
Coordinates
45.55691, -122.85389
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,012
Gross rental yield
9.16%
Implied cap rate
5.95%
Trend-extrapolated value
—
Frequently asked questions
When did 5118 Millstone Way last sell?
5118 Millstone Way most recently sold on Feb 17, 2022 for $788,000.
What is the current tax assessment for 5118 Millstone Way?
The most recent total assessment for 5118 Millstone Way (year 2020) is $324,010 with $5,842 in property tax.
How does 5118 Millstone Way's assessment compare to its last sale price?
The current assessment is 58.9% below the last sale price of $788,000.
When was 5118 Millstone Way built?
5118 Millstone Way was built in 1992.
How does 5118 Millstone Way compare to others on Millstone Way?
We track 2 other properties on Millstone Way. Browse the list under "Other properties on Millstone Way" to compare beds, baths, and sale history.
What are the property facts for 5118 Millstone Way?
5118 Millstone Way is a 4 bed, 3 bath, 3,006 sqft, 8,712 sqft lot single_family.
Is 5118 Millstone Way a flip candidate?
No — 5118 Millstone Way does not appear in our flips dataset.
Is 5118 Millstone Way a tax-appeal candidate?
No — 5118 Millstone Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$717K
2026 Q4
$686.2K
ZIP 97229 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Millstone Way