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40886 Highway 228

Sweet Home, OR 97386

4 bd 1 ba 1,060 sqft Built 1940 Lot 334,105 sqft single_family
Most recent sale
$225,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 26, 2024 Sold $440,000 RMLS
Oct 16, 2024 Listed $439,000 Willamette
Apr 19, 2022 Sold $225,000 Public Record
Apr 4, 2022 Sold $380,000 MLS #22222762
Feb 19, 2022 Listed $389,900 MLS #22222762
Mar 14, 2019 Listing removed $900 AppfolioUnits
Feb 22, 2019 Listed for rent $900 AppfolioUnits
Aug 15, 2018 Sold $200,000 Public Record
Jul 10, 2018 Listed $205,000 MLS #735727
Aug 12, 2010 Listing removed $99,900 Willamette
Aug 11, 2010 Sold $67,200 Public Record
Jul 19, 2010 Relisted $99,900 MLS #625976
Jul 15, 2010 Listing removed $99,900 Willamette
Jun 21, 2010 Relisted $99,900 MLS #625976
Jun 12, 2010 Listing removed $99,900 Willamette
May 17, 2010 Price changed $99,900 MLS #625976
Apr 15, 2010 Listed $109,900 MLS #625976
Feb 7, 2005 Sold $87,131 Public Record
May 4, 2004 Sold $75,000 Public Record
Sep 10, 2003 Sold $50,000 Public Record
Apr 29, 1994 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $114,100 $1,593
2020 $110,780 $1,562
2019 $107,560 $1,530
2018 $104,430 $1,490
2017 $101,390 $1,449
2016 $98,440 $1,394
2015 $95,580 $1,338
2014 $92,800 $1,239
2013 $89,190 $1,164
2012 $90,100 $1,184
2011 $87,480 $1,198
2010 $84,936 $1,134
2009 $82,464 $1,099
2008 $80,063 $1,063
2007 $77,732 $1,040

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,060 sqft
Lot size
334,105 sqft
ZIP code
97386
City
Sweet Home
Street
Highway 228
Coordinates
44.38105, -122.76527

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,120
Gross rental yield
11.31%
Implied cap rate
7.35%
Trend-extrapolated value

Frequently asked questions

When did 40886 Highway 228 last sell?
40886 Highway 228 most recently sold on Apr 19, 2022 for $225,000.
What is the current tax assessment for 40886 Highway 228?
The most recent total assessment for 40886 Highway 228 (year 2021) is $114,100 with $1,593 in property tax.
How does 40886 Highway 228's assessment compare to its last sale price?
The current assessment is 49.3% below the last sale price of $225,000.
When was 40886 Highway 228 built?
40886 Highway 228 was built in 1940.
How does 40886 Highway 228 compare to others on Highway 228?
We track 8 other properties on Highway 228. Browse the list under "Other properties on Highway 228" to compare beds, baths, and sale history.
What are the property facts for 40886 Highway 228?
40886 Highway 228 is a 4 bed, 1 bath, 1,060 sqft, 334,105 sqft lot single_family.
Is 40886 Highway 228 a flip candidate?
No — 40886 Highway 228 does not appear in our flips dataset.
Is 40886 Highway 228 a tax-appeal candidate?
No — 40886 Highway 228 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
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$416.1K
2026 Q4
$428K
ZIP 97386 — Median Price History + Forecast

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