2425 NE 40th Ave Portland, OR 97212
Grant Park NeighborhoodEstimated payment $6,845/month
Highlights
- Craftsman Architecture
- Deck
- Wood Flooring
- Beverly Cleary School Rated A-
- Territorial View
- Separate Formal Living Room
About This Home
$50k price reduction! Classic 1916 craftsman bungalow in Grant Park! Updated throughout! Ideally located in the Grant Park neighborhood...live in the heart of Northeast Portland! Timeless charm in the spacious living room with hardwood floors and a focus on the original wood fireplace with rich woodwork details. Easy entertaining! Brand new kitchen with tile floor, quartz slab counters, cabinetry, skylight, stainless appliances and gas range. Six true bedrooms! Main floor bedrooms, one with french doors that open to the deck and backyard..would make a great home office! Retreat upstairs to a cozy bedroom suite with balcony for sunsets, large closet, and full bathroom. Amazing attic storage area. The fully finished lower level expands the home’s livability - sparkly new bedroom suite complete with a spacious bedroom, tiled bathroom , and walk-in closet space. A comfortable family room and a tiled laundry room adds everyday convenience. Rest easy...new high efficient gas furnace, tankless water heater, roof & gutters, updated plumbing and electrical, double pane windows throughout. Enjoy the new easy-care composite deck and brick patio this summer! Single car garage with door opener, new driveway. Blocks to Grant Park with tree-lined walking paths, community gardens and swimming pool, and the fully renovated Grant Park High School. Enjoy the Hollywood area- Whole Foods, coffee shops, restaurants, MAX, bus lines, easy access to freeway...quick trip to the airport! [Home Energy Score = 1. HES Report at
Listing Agent
Windermere Realty Trust Brokerage Phone: 503-704-0038 License #200704276 Listed on: 03/05/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,796
Year Built
- Built in 1916 | Remodeled
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50x100
- Fenced
- Level Lot
- Private Yard
- Property is zoned R5
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Craftsman Architecture
- Bungalow
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,847 Sq Ft Home
- 3-Story Property
- Skylights
- Wood Burning Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Separate Formal Living Room
- Dining Room
- Territorial Views
- Finished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Free-Standing Gas Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
- Tile Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Eco-Friendly Details
- Green Certified Home
Outdoor Features
- Balcony
- Deck
- Patio
Schools
- Beverly Cleary Elementary And Middle School
- Grant High School
Utilities
- 95% Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Tankless Water Heater
Community Details
- No Home Owners Association
- Grant Park Subdivision
Listing and Financial Details
- Assessor Parcel Number R262432
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,796 | $363,550 | -- | -- |
| 2024 | $9,444 | $352,970 | -- | -- |
| 2023 | $9,081 | $342,690 | $0 | $0 |
| 2022 | $8,884 | $332,710 | $0 | $0 |
| 2021 | $8,734 | $323,020 | $0 | $0 |
| 2020 | $8,012 | $313,620 | $0 | $0 |
| 2019 | $7,718 | $304,490 | $0 | $0 |
| 2018 | $7,491 | $295,630 | $0 | $0 |
| 2017 | $7,373 | $294,750 | $0 | $0 |
| 2016 | $6,747 | $286,170 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | Pending | -- | -- | -- | |
| 03/26/2026 03/26/26 | Price Changed | $1,145,000 | -4.2% | $402 / Sq Ft | |
| 03/05/2026 03/05/26 | For Sale | $1,195,000 | +95.0% | $420 / Sq Ft | |
| 08/30/2024 08/30/24 | Sold | $612,750 | -2.6% | $215 / Sq Ft | View Prior Sale |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- | |
| 08/13/2024 08/13/24 | Price Changed | $629,000 | -10.0% | $221 / Sq Ft | |
| 07/27/2024 07/27/24 | For Sale | $699,000 | -- | $246 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $612,750 | First American Title | |
| Interfamily Deed Transfer | $172,000 | None Available | |
| Guardian Deed | $131,000 | Fidelity National Title | |
| Warranty Deed | $172,000 | Ticor Title Insurance | |
| Interfamily Deed Transfer | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 642059400
APN: R262432
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The 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 brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
- 2415 NE 38th Ave Unit A
- 2505 NE 42nd Ave
- 2436 NE 44th Ave
- 2534 NE 44th Ave
- 3557 NE Hollyrood Ct
- 2801 NE 35th Place
- 3563 NE Morris St
- 0 NE US Grant Place
- 2915 NE 47th Ave
- 2614 NE 32nd Place
- 3122 NE 44th Ave
- 4010 NE Klickitat St
- 2532 NE 49th Ave
- 4353 NE Halsey St Unit 4
- 4341 NE Halsey St Unit 18
- 2833 NE 33rd Ave
- 3403 NE Broadway
- 4036 NE Senate St
- 3334 NE 45th Ave
- 3220 NE 33rd Ave
Ask me questions while you tour the home.