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Single Family ResidenceResidential
$531,207$244 / 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 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

721 SE 40TH ST

TROUTDALE, OR 97060
4
Beds
3
Baths
2,174 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1975
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$531K
$518K low$544K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,930 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$267,060 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$259,290
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$510,580

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMULTNOMAH
Lot (acres)The size of the land the home sits on, from county records.0.16
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 360 ft²

Transaction History(4)

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

Foreclosure Filings(10)

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

E
Sweetbriar Elementary SchoolC+
Elementary · Grades KG–5 · 0.2 mi
M
Walt Morey Middle SchoolC
Middle · Grades 6–8 · 1.4 mi
H
Reynolds High SchoolD-
High · Grades 9–12 · 1.5 mi

District: Reynolds School District 7

Neighborhood · ZIP 97060These 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.85
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.170

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.23,741
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,188 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$84,356
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,407
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Owner Tools

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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

721 Se 40th St 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 74% of homes in Sweetbriar
  • Costs less per square foot than 90% of homes in Sweetbriar
  • Bigger than 85% of homes in Troutdale 97060
  • Has a smaller lot than 86% of homes in Sweetbriar
  • Older than 80% of homes in Sweetbriar

What homes are worth in Troutdale 97060

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

This home
$236K$914K

This home is worth more than 73% of homes in Troutdale 97060.

How it measures up in Troutdale 97060

The dot is this home. The mark in the middle is the typical home in Troutdale 97060.

Estimated value$531,207
CheaperTypical $484,078Pricier

Pricier than 73% of homes nearby

Price per ft²$244
CheaperTypical $297Pricier

Pricier than 16% of homes nearby

Living area2,174 ft²
SmallerTypical 1,606 ft²Bigger

Bigger than 85% of homes nearby

Lot size0.16 ac
SmallerTypical 0.18 acBigger

Bigger than 27% of homes nearby

Year built1975
OlderTypical 1987Newer

Newer than 22% of homes nearby

How 721 Se 40th St ranks against every home in each area.
MeasureThis homeSweetbriarTroutdale 97060Multnomah County
Estimated valuepricier than$531,20774% of homes73% of homes58% of homes
Price per ft²pricier than$24410% of homes16% of homes12% of homes
Living areabigger than2,174 ft²82% of homes85% of homes77% of homes
Lot sizebigger than0.16 ac14% of homes27% of homes57% of homes
Year builtnewer than197520% of homes22% of homes64% of homes

About 721 Se 40th St

How much is 721 Se 40th St, Troutdale, OR worth?

The TopHap Estimate for 721 Se 40th St, Troutdale, OR is $531,207 as of Sep 24, 2026. The likely range is $518,196 to $544,218. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 721 Se 40th St, Troutdale, OR last sell?

721 Se 40th St, Troutdale, OR last sold on Jun 12, 2006, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 721 Se 40th St, Troutdale, OR?

721 Se 40th St, Troutdale, OR has 4 bedrooms, 3 bathrooms, 2,174 square feet of living space and a 0.16-acre lot.

When was 721 Se 40th St, Troutdale, OR built?

721 Se 40th St, Troutdale, OR was built in 1975, making it 51 years old. The building has 2 stories.

What schools serve 721 Se 40th St, Troutdale, OR?

721 Se 40th St, Troutdale, OR is assigned to Sweetbriar Elementary School (elementary), rated C+; Walt Morey Middle School (middle), rated C; Reynolds High School (high), rated D-. All sit in Reynolds School District 7. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 721 Se 40th St, Troutdale, OR compare to other homes in Troutdale 97060?

Among the 6,387 homes in Troutdale 97060, it is worth more than 73% of them ($531,207 against a typical $484,078), its price per square foot is higher than 16% of them ($244 against a typical $297), it is bigger than 85% of them (2,174 ft² against a typical 1,606 ft²), its lot is bigger than 27% of them (0.16 ac against a typical 0.18 ac) and it is newer than 22% of them (1975 against a typical 1987). Measured against all of Multnomah County, it is worth more than 58% 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 721 Se 40th St, Troutdale, OR?

The 2025 property tax bill for 721 Se 40th St, Troutdale, OR was $4,930. The county assessed it at $267,060.

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