NOT LISTED FOR SALE

605 SW 48th Dr Portland, OR 97221

Sylvan-Highlands Neighborhood

Estimated Value: $1,093,000 - $1,756,000

4 Beds
4 Baths
3,729 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $1,855,000 $497 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $9,532/month

63 Days on Market

Highlights

  • Heated Floors
  • Covered Deck
  • Vaulted Ceiling
  • Ainsworth Elementary School Rated A-
  • Secluded Lot
  • 1 Fireplace

About This Home

As of May 2022

High-end home in highly desired SYLVAN-HIGHLANDS neighborhood just minutes from Downtown.Low maintenance yard, excellent floor plan, oversized 2-CAR GARAGE with tons of dry storage and the best schools around.

Last Agent to Sell the Property

Moti Felema

Premiere Property Group, LLC License #201205869 Listed on: 01/17/2022

Premiere Property Group, LLC

Last Buyer's Agent

Leanne Ishibashi

MORE Realty License #201003122

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,464

Year Built

  • Built in 2019

Lot Details

  • Secluded Lot
  • Terraced Lot
  • Landscaped with Trees

Parking

  • Attached Garage
  • Garage on Main Level
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Lap Siding
  • Cedar

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 1 Fireplace
  • Partial Basement
  • Quartz Countertops
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Heated Floors
  • Tile

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Covered Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,464

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Contemporary, NW Contemporary
  • Sq Ft Calculated: 3279
  • Sq Ft Approximate Total: 3729
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 2019
  • Property Condition: New Construction
  • Remarks Public: High-end home in highly desired SYLVAN-HIGHLANDS neighborhood just minutes from Downtown.Low maintenance yard, excellent floor plan, oversized 2-CAR GARAGE with tons of dry storage and the best schools around.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: No
  • New Construction C C B Type: Residential
  • New Construction Certificate Occupancy Obtained: No
  • Title Insurance Paid By: Seller
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 3575406
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Garage on Main
  • Additional Rooms: Storage, 4th Bedroom
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Central Vacuum, Hardwood Floors, Laundry, Tile Floor, Vaulted Ceiling(s), High Ceilings, Quartz, Heated Tile Floor
  • Kitchen Appliances: Microwave, Built-in Range, Built-in Refrigerator, Cook Island, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Wine Cooler, Stainless Steel Appliance(s), Quartz
  • Legal Description: PARTITION PLAT 2008-14, LOT 2
  • Sq Ft Lower Level: 450
  • Sq Ft Main Level: 1669
  • Upper Level Sq Ft: 1610
  • Bedrooms: 4
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Partial Basement
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Main
  • Additional Room 2: Description: Storage,On Level: Lower
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 3

Exterior Features

  • Exterior Description: Brick, Cedar, Lap Siding
  • Exterior Features: Deck, Gas Hookup, Public Road, Covered Deck
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Seasonal, Trees/Woods
  • Foundation Details: Slab
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, Off Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air, Forced Air - 95+%

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Secluded, Trees, Seasonal, Terraced
  • Acres: 0.24
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 12219.48
  • Assessor Parcel Number: R612154
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2017
Sold by
Artistic Custom Homes Llc
Bought by
Villa Inc
Total Days on Market
63
Current Estimated Value
$1,506,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,850
Interest Rate
4.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2014
Sold by
Deskins Terria L
Bought by
Artistic Custom Homes Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Villa Inc $178,000 Lawyers Title
Artistic Custom Homes Llc $140,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Inc $1,077,761
Closed Villa Inc $553,850
Previous Owner Villa Inc $845,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $1,855,000 -4.8% $497 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $1,949,000 -7.0% $523 / Sq Ft
01/17/2022 01/17/22 For Sale $2,095,000 -- $562 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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
2023 $18,464 $697,450 $0 $0
2022 $13,550 $507,930 $0 $0
2021 $13,321 $493,140 $0 $0
2020 $12,219 $478,784 $0 $0
2019 $8,518 $336,416 $0 $0
2018 $4,181 $165,179 $0 $0
2017 $2,853 $114,170 $0 $0
2016 $2,611 $110,850 $0 $0
2015 $2,541 $107,630 $0 $0
2014 $2,504 $104,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moti Felema

    Seller's Agent in 2022

    Moti Felema

    Premiere Property Group, LLC

    (503) 703-4539

    1 in this area

    29 Total Sales

    Moti Felema
    Section Image

  • L

    Buyer's Agent in 2022

    Leanne Ishibashi

    MORE Realty

    (503) 205-0614

    2 in this area

    351 Total Sales

    Leanne Ishibashi
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22378129

Regional Multiple Listing Service (RMLS)

APN: R612154

Oregon Multnomah County Portland 97221 Sylvan-Highlands

605 SW 48th Dr, Portland, OR

This home is located at 605 SW 48th Dr, Portland, OR 97221 since 17 January 2022 and is currently estimated at $1,506,072, approximately $403 per square foot. This property was built in 2019. 605 SW 48th Dr is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

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.

Regional Multiple Listing Service (RMLS) 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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