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$424,782

  • Sold
  • Sold
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,410 Sq. Ft.
See This Home
Save This Home
See This Home
Save This Home
A rare find in the heart of Old Town Sherwood, this charming one-level 1925 cottage combines timeliness character and exceptional flexibility of uses. The home is zoned Medium Density Residential (MDRL) and is also located within the Old Town Overlay District which grants retail and commercial allowances, creating a unique potential for a variety of home-based or mixed-use opportunities. The 1,410 sqft home features 3 bedrooms (1 nonconforming) and a remodeled bathroom. It appears original wood floors lie beneath the carpets. Inside, enjoy a cozy living room with a certified woodstove, a custom kitchen and a large utility room. Step out back to a spacious newer deck, covered parked, and a 30x20 garage/shop with its own woodstove, ideal for projects, hobbies or workspace. The private backyard offers a peaceful retreat just steps from the vibrant shops, restaurants, and transit options of Old Town Sherwood. Appliances are included, along with a new hot water heater. A true Old Town Sherwood gem offering charm, location, and versatility.

Full Property Details for 16040 SW 3rd St

General

  • Sold For: $424,782
  • Taxes: $2,915 (2026)
  • Status: Sold
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 232529098
  • Added to Site: 101 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Hardwood Floors, High Speed Internet, Laminate Flooring, Laundry, Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Stove
  • Appliances: Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Pantry, Range Hood, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 10 x 13, Main, 130 Sq. Ft.
  • Bedroom 2: 10 x 13, Main, 130 Sq. Ft.
  • Bedroom 3: 17 x 9, Main, 153 Sq. Ft.

Other Rooms

  • Living Room: 13 x 13, Main, 169 Sq. Ft.
  • Family Room: 15 x 17, Main, 255 Sq. Ft.
  • Kitchen: 12 x 14, Main, 168 Sq. Ft.

Exterior

  • Exterior Features: Deck, Fenced, Outbuilding, Porch, Public Road, Storm Door(s), Workshop, Yard

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Carport, Covered

Location

  • County: Washington
  • Subdivision: SHERWOOD
  • Driving Directions: Pine/Sherwood Blvd to 3rd St or Washington St to 3rd St

School Information

  • Midd School District: Sherwood
  • Elementary School: Hawks View
  • Middle School: Sherwood
  • High School: Sherwood

Community

  • Community Name: 151 - Tigard, Tualatin, Sherwood, Wilsonville

Heating & Cooling

  • Heating Type: Forced Air, Wood Stove
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Traditional
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Windows: Aluminum Frames, Vinyl Frames
  • Stories/Levels: 1
  • Square Feet: 1,410
  • Year Built: 1925
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Lot Dimensions: 55' x 105' x 50' x 100'
  • Frontage: Gravel, Paved
  • Lot Features: Level, Public Road, Seasonal, Trees

Financial Considerations

  • Tax Amount: $2,915.08
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Disclosures/Reports: Exempt
  • Property ID: R554885

Listed by Metro West Realty (503) 692-3050, Erik Bennett (503) 984-9028
Sold by eXp Realty, LLC (888) 814-9613, Robyn Schamberger

Listing agent

— 16040 SW 3rd St —

  • Erik Bennett

    Metro West Realty

    503-692-3050

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16040 SW 3rd St

School District:Sherwood School District 88j
NameGradesDistance
Hawks View Elementary School
21970 Southwest Sherwood Boulevard, Sherwood, OR 97140
PK-50.1 mi
Sherwood Middle School
16956 Southwest Meinecke Road, Sherwood, OR 97140
6-80.4 mi
Sherwood High School
18800 Southwest Haide Road, Sherwood, OR 97140
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16040 SW 3rd St

Date
Details
Price
Change
Source
11/25/2025
Sold
$424,782
-0.05%
MLS
10/29/2025
Price Reduced
$425,000
-5.35%
MLS
10/09/2025
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Metro West Realty (503) 692-3050, Erik Bennett (503) 984-9028
Sold by eXp Realty, LLC (888) 814-9613, Robyn Schamberger

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16040 SW 3rd St, Sherwood, OR 97140 (MLS# 232529098) is a Single Family property that was sold at $424,782 on November 25, 2025. Want to learn more about 16040 SW 3rd St? Do you have questions about finding other Single Family real estate for sale in Sherwood? You can browse all Sherwood real estate or contact a Coldwell Banker agent to request more information.