Seller's Agent in 2024
Katie Spurlock
Windermere Realty Trust
(503) 522-8779
2 in this area
147 Total Sales
554 SW 48th Dr Portland, OR 97221
Sylvan-Highlands NeighborhoodEstimated Value: $1,417,000 - $1,483,000
4
Beds
3.5
Baths
4,268
Sq Ft
$339/Sq Ft
Est. Value
Highlights
- Wine Cellar
- View of Trees or Woods
- Built-In Refrigerator
- Ainsworth Elementary School Rated A-
- Heated Floors
- Bluff on Lot
About This Home
As of July 2024Sophisticated Luxury Mediterranean in a very private, gated, half-acre just 5 minutes from NW 23rd and an easy walk to Pittock Mansion, Hoyt Arboretum trails & Washington Park. Lives like an urban estate. Beautifully designed and maintained with mostly Main level living. Exquisite kitchen with Carrera marble, Viking appliances, island with prep sink, loaded wet bar, 3 dishwashers (Meile & Fisher Paykel) Extra tall ceilings with substantial crown molding and built-ins throughout. Refinished white oak throughout the main level. Primary suite with boutique style dressing rooms & French doors that lead to a brick courtyard with fountain. The private, landscaped courtyard also connects to French doors for the open family room. 3 gas fireplaces for warmth and ambiance. Second main floor suite with access to another bricked courtyard. The lower level features 2 additional bedrooms, full bath, second laundry room and humidity & temperature controlled 500 bottle wine cellar. Stately exterior facade and paver and turf lined driveway and turnaround. Extensive outdoor lighting highlights the elegant low maintenance landscaping. This home is picture perfect. This home has been difficult to show due to an illness in the family. PLEASE DO NOT DRIVE DOWN DRIVEWAY WITHOUT AN APPOINTMENT. There is no turnaround until after the gate. [Home Energy Score = 1. HES Report at
Last Agent to Sell the Property
Windermere Realty Trust Brokerage Phone: License #200208002 Listed on: 03/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,515
Year Built
- Built in 1987 | Remodeled
Lot Details
- 0.5 Acre Lot
- Fenced
- Bluff on Lot
- Xeriscape Landscape
- Private Lot
- Sprinkler System
- Landscaped with Trees
Parking
- 1 Car Attached Garage
- Garage on Main Level
- Driveway
Home Design
- Mediterranean Architecture
- Composition Roof
- Stucco Exterior
- Concrete Perimeter Foundation
Interior Spaces
- 4,268 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- 3 Fireplaces
- Gas Fireplace
- Double Pane Windows
- Wood Frame Window
- Wine Cellar
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Views of Woods
Kitchen
- Built-In Oven
- Free-Standing Gas Range
- Range Hood
- Built-In Refrigerator
- Plumbed For Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Marble Countertops
- Trash Compactor
- Disposal
- Pot Filler
Flooring
- Wood
- Heated Floors
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Washer and Dryer
Finished Basement
- Crawl Space
- Natural lighting in basement
Home Security
- Security System Owned
- Security Gate
Accessible Home Design
- Accessible Full Bathroom
- Roll-in Shower
- Accessible Hallway
- Accessibility Features
- Accessible Doors
- Accessible Entrance
Eco-Friendly Details
- Green Certified Home
Outdoor Features
- Patio
- Outdoor Water Feature
Schools
- Ainsworth Elementary School
- West Sylvan Middle School
- Lincoln High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R312564
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 18, 2025
Sold by
Shulman Michael and Shulman Stephanie
Bought by
Shulman 2019 Family Trust and Shulman
Current Estimated Value
Purchase Details
Listed on
Mar 1, 2024
Closed on
Jul 1, 2024
Sold by
Kramer Ronald L and Stanford Tina M
Bought by
Shulman Michael and Shulman Stephanie
Seller's Agent
Katie Spurlock
Windermere Realty Trust
Buyer's Agent
Karina Stark
Keller Williams Realty Professionals
List Price
$1,495,000
Sold Price
$1,426,740
Premium/Discount to List
-$68,260
-4.57%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%
Purchase Details
Listed on
Apr 17, 2021
Closed on
Jun 22, 2021
Sold by
Lindholm Ryan and Budasoff Alana
Bought by
Kramer Ronald L and Stanford Tina M
Seller's Agent
Suzanne Page
John L. Scott
Buyer's Agent
Katie Spurlock
Windermere Realty Trust
List Price
$1,149,000
Sold Price
$1,150,000
Premium/Discount to List
$1,000
0.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$920,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 19, 2015
Sold by
Cain Ronald G
Bought by
Lindholm Ryan and Budasoff Alana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2003
Sold by
Cain Ronald G
Bought by
Cain Ronald G and Cain Jillian B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 26, 1995
Sold by
Mcfarland Gertrude G
Bought by
Cain Ronald G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shulman 2019 Family Trust | -- | None Listed On Document | |
| Shulman Michael | $1,426,740 | First American Title | |
| Kramer Ronald L | $1,150,000 | First American | |
| Lindholm Ryan | $1,175,000 | First American Title Company | |
| Cain Ronald G | -- | First American | |
| Cain Ronald G | $260,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kramer Ronald L | $920,000 | |
| Previous Owner | Lindholm Ryan | $775,000 | |
| Previous Owner | Cain Ronald G | $937,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $1,426,740 | -1.3% | $334 / Sq Ft |
| 06/28/2024 06/28/24 | Pending | -- | -- | -- |
| 06/03/2024 06/03/24 | Price Changed | $1,445,000 | -3.3% | $339 / Sq Ft |
| 02/25/2024 02/25/24 | For Sale | $1,495,000 | +30.0% | $350 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $1,150,000 | +0.1% | $265 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/17/2021 04/17/21 | For Sale | $1,149,000 | -- | $265 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $19,255 | $720,350 | -- | -- |
| 2023 | $19,255 | $699,370 | $0 | $0 |
| 2022 | $18,114 | $679,000 | $0 | $0 |
| 2021 | $17,807 | $659,230 | $0 | $0 |
| 2020 | $16,335 | $640,030 | $0 | $0 |
| 2019 | $15,734 | $621,390 | $0 | $0 |
| 2018 | $15,271 | $603,300 | $0 | $0 |
| 2017 | $14,636 | $585,730 | $0 | $0 |
| 2016 | $13,394 | $568,670 | $0 | $0 |
| 2015 | $13,042 | $552,110 | $0 | $0 |
| 2014 | $12,845 | $536,030 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Spurlock
-
Karina Stark
Buyer's Agent in 2024
Karina Stark
Keller Williams Realty Professionals
(503) 546-9955
2 in this area
211 Total Sales
-
Suzanne Page
Seller's Agent in 2021
Suzanne Page
John L. Scott
(503) 709-7956
1 in this area
69 Total Sales
-
Susanne Brothers
Seller Co-Listing Agent in 2021
Susanne Brothers
John L. Scott
(503) 729-1025
1 in this area
75 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24502264
APN: R312564
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 © 2025 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.
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