506 SW Colony Dr is a 2,093 square foot house on a 0.26 acre lot with 3 bedrooms and 2.5 bathrooms. - it last sold on September 01, 1989 for $137,000. Based on Redfin's Portland data, we estimate the home's value is $783,054.
Single-familyProperty Type
1988Year Built
0.26 acresLot Size
$374Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$783,054
$646K since sold in September 1989$10K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 7.4% lower than the average sale price ($845K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R10
Z
C
Residential 10,000 Zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Zone overlays
Constrained Sites Overlay Zone
Environmental Conservation Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Feb 13, 2019 • Final
Mechanical
Replace the gas furnace.
Gas
HVAC
Dec 18, 2001 • Final
Mechanical
Install a wood stove.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Fireplace Type: Prefab
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Building Style Type: Contemporary
Exterior Wall: Wood
Building Type: Single Family
Property Information
Subdivision Name: HERA FRANKLIN COLONY
Living Sq. Ft: 2,093
Ground Floor Sq. Ft: 1,136
Building Sq. Ft: 2,609
# of Stories: 2
Legal Description: HERA FRANKLIN COLONY, LOT 63
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 516
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 11,441
Legal Lot Number: 63
Acres: 0.26
Zoning Code: R10
State Use Description: RESIDENTIAL,IMPROVED
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,093
Stories: 2.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: 1988
County: Multnomah County
APN: R179112
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Stephenson Elementary School
Public K-5 • Assigned • 1.0mi
10/10
Jackson Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Ida B. Wells-Barnett High School
Public 9-12 • Assigned • 2.1mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97219
Average low and high temperatures (°F)
47
37
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38
56
43
64
45
70
50
77
54
83
59
84
62
75
58
61
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$744,000 – $901,000
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