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4870 NW Olivares Ter, Portland, OR, 97229

3beds
3baths
1,510sqft
$417,500
$276price/sqft
$3,061/moest. monthly cost
$122,440/yrincome needed

About This Home

Lovely townhome in the perfect location on the park block of Arbor Parc. 1,510 Sq Ft, 3 bedroom + loft & 2.5 bathrooms with 2 car attached garage. Great room with cozy fireplace opens to kitchen with granite countertops, stainless steel appliances and large walk-in pantry. Primary suite features vaulted ceiling, walk-in closet, soaking tub and walk-in shower. Two more spacious bedrooms and bonus area perfect for home office. Gated front courtyard with covered front porch and facing peaceful greenspace. Mins to Bethany Village- shopping & dining and walking trails. Great schools- Sato, Stoller, Westview. No special assessment, this property will be receiving a new roof--timing TBD

Getting Around

68
WalkingSomewhat Walkable
21
TransitMinimal Transit
71
BikeVery Bikeable

Schools

9/10
Sato Elementary SchoolGrades K-51.4 mi
8/10
Stoller Middle SchoolGrades 6-80.9 mi
7/10
Westview High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2009

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Residential,Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Gas Appliances,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Closet
  • Level: Upper
  • Area: 187

Bedroom3

  • Features: Closet
  • Level: Upper
  • Area: 192

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 96

Features

  • High Ceilings,High Speed Internet,Soaking Tub,Vaulted Ceiling(s),Closet,Pantry,Granite,Great Room,Double Vanity,Walk-In Closet(s),Walkin Shower
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,510
  • Total interior livable area: 1,510 sqft

Kitchen

  • Features: Dishwasher, Gas Appliances, Microwave, Pantry,Free Standing Refrigerator, Granite
  • Level: Main
  • Area: 132

Living Room

  • Features: Fireplace, Great Room
  • Level: Main
  • Area: 210

Master Bedroom

  • Features: Double Sinks, Walkin Closet, Walkin Shower
  • Level: Upper
  • Area: 192

Property

Details

  • Parcel number: R2144885
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Park/Greenbelt,Trees/Woods

Lot

  • Lot size: 1,306 sqft
  • Features: Level,Trees,SqFt 0K to 2999

Parking

  • Total spaces: 2
  • Parking features: Off Street,On Street,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Ice Storm

FEMA Declared Disasters in Washington County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,111$25,332
Home Insurance *$79$948
Property Taxes $695$8,340
Electricity $176$2,119
Total$3,061$36,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,948/yr
40% on housing$91,830/yr
45% on housing$81,626/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 97229$287
Washington County$254

vs Homes Sold Last Month

Median $/sqft

ZIP 97229$311
Washington County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$417,500
2026-06-21Price change$417,500
2026-06-04Listed for sale$429,000
2018-06-30Listing removed$1,875
2018-06-05Listed for rent$1,875
2008-12-01Sold$246,500
AgentDirk Hmura
BrokerageThe Agency Portland

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