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Single Family ResidenceResidential
$1,408,293$432 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $789,000 on Apr 17, 2006

3940 SW MARTINS LN

PORTLAND, OR 97239
3
Beds
3 / 1
Baths
3,258 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.4 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.4M
$1.3M low$1.6M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$789,000 · Apr 17, 2006
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$897,893
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$718,314
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.41%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$510,400
PACIFIC RESIDENTIAL MORTGAGE LLC · recorded Apr 10, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$18,599 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$695,800 (2024)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$695,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,363,680

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyMultnomah
Lot (acres)The size of the land the home sits on, from county records.0.40
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Aluminum
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 220 ft²Shed · 64 ft²Patio · 350 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Robert Gray Middle SchoolA-
Middle · Grades 6–8 · 0.9 mi
E
Rieke Elementary SchoolA+
Elementary · Grades KG–5 · 1.5 mi
H
Ida B. Wells High SchoolA-
High · Grades 9–12 · 1.5 mi

District: Portland School District 1j

Neighborhood · ZIP 97239These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.188

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.17,689
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,736 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$111,852
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$140,292
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3940 Sw Martins Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 98% of homes in Multnomah County
  • Costs more per square foot than 81% of homes in Multnomah County
  • Bigger than 94% of homes in Multnomah County
  • Has a bigger lot than 92% of homes in Multnomah County
  • Older than 65% of homes in Portland 97239

What homes are worth in Portland 97239

Each bar is how many homes fall in that price range. The marker is this home.

This home
$239K$1.5M

This home is worth more than 96% of homes in Portland 97239.

How it measures up in Portland 97239

The dot is this home. The mark in the middle is the typical home in Portland 97239.

Estimated value$1,408,293
CheaperTypical $653,854Pricier

Pricier than 96% of homes nearby

Price per ft²$432
CheaperTypical $353Pricier

Pricier than 79% of homes nearby

Living area3,258 ft²
SmallerTypical 1,872 ft²Bigger

Bigger than 89% of homes nearby

Lot size0.4 ac
SmallerTypical 0.19 acBigger

Bigger than 82% of homes nearby

Year built1955
OlderTypical 1973Newer

Newer than 35% of homes nearby

How 3940 Sw Martins Ln ranks against every home in each area.
MeasureThis homeSouthwest Hills Residential LeaguePortland 97239Multnomah County
Estimated valuepricier than$1,408,29378% of homes96% of homes98% of homes
Price per ft²pricier than$43274% of homes79% of homes81% of homes
Living areabigger than3,258 ft²64% of homes89% of homes94% of homes
Lot sizebigger than0.4 ac76% of homes82% of homes92% of homes
Year builtnewer than195553% of homes35% of homes46% of homes

About 3940 Sw Martins Ln

How much is 3940 Sw Martins Ln, Portland, OR worth?

The TopHap Estimate for 3940 Sw Martins Ln, Portland, OR is $1,408,293 as of Jul 14, 2026. The likely range is $1,253,394 to $1,563,192. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3940 Sw Martins Ln, Portland, OR last sell?

3940 Sw Martins Ln, Portland, OR last sold on Apr 17, 2006 for $789,000, according to the county's recorded deed.

How big is 3940 Sw Martins Ln, Portland, OR?

3940 Sw Martins Ln, Portland, OR has 3 bedrooms, 3 bathrooms, 3,258 square feet of living space and a 0.40-acre lot.

When was 3940 Sw Martins Ln, Portland, OR built?

3940 Sw Martins Ln, Portland, OR was built in 1955, making it 71 years old. It is a ranch home. The building has 1 story.

What schools serve 3940 Sw Martins Ln, Portland, OR?

3940 Sw Martins Ln, Portland, OR is assigned to Robert Gray Middle School (middle), rated A-; Rieke Elementary School (elementary), rated A+; Ida B. Wells High School (high), rated A-. All sit in Portland School District 1j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3940 Sw Martins Ln, Portland, OR compare to other homes in Portland 97239?

Among the 5,612 homes in Portland 97239, it is worth more than 96% of them ($1,408,293 against a typical $653,854), its price per square foot is higher than 79% of them ($432 against a typical $353), it is bigger than 89% of them (3,258 ft² against a typical 1,872 ft²), its lot is bigger than 82% of them (0.4 ac against a typical 0.19 ac) and it is newer than 35% of them (1955 against a typical 1973). Measured against all of Multnomah County, it is worth more than 98% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3940 Sw Martins Ln, Portland, OR?

The 2024 property tax bill for 3940 Sw Martins Ln, Portland, OR was $18,599. The county assessed it at $695,800.

Closest homes

More homes in Portland 97239

Assigned schools

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