OFF MARKET
Google street view image for 550 SW 48th Dr, Portland, OR 97221
Off Market Nov 2003 for $1.1M
$1,573,575
Est. refi paymentEst. refi $6,370/mo
4
bd
•
4 ba
•
3,640
sq ft

550 SW 48th Dr, Portland, OR 97221

map-entry

About this home

550 SW 48th Dr is a 3,640 square foot house on a 0.39 acre lot with 4 bedrooms and 4 bathrooms. - it last sold on November 03, 2003 for $1,100,000. Based on Redfin's Portland data, we estimate the home's value is $1,573,575.
Single-familyProperty Type
1967Year Built
0.39 acresLot Size
$432Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,573,575
$474K since sold in November 2003$59K since August

This home's estimate is 39.6% higher than the average sale price ($1.13M) of 6 comparable homes.

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Earn from this home

Sell
$1,171,167
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$5,392/mo
Redfin rental estimate

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Market trends in Sylvan-Highlands, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
99.8%

+0.5% MoM

Median sale price
$780K

$55K MoM

Avg. days on market
49d

7 days MoM

Recently sold homes
7

4 MoM

New listings for sale

Provided by Redfin

Sale history for 550 SW 48th Dr

Tax history for 550 SW 48th Dr

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

R20

Z

Residential 20,000 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
Permitted uses

Include but are not limited to:

  • Housing

Property details

Around this home

Schools

Ainsworth Elementary School

Public K-5 • Assigned • 1.4mi

9/10
West Sylvan Middle School

Public 6-8 • Assigned • 2.0mi

6/10
Lincoln High School

Public 9-12 • Assigned • 1.7mi

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

1/10 Heat Factor

4 days above 91° expected this year, 8 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97221
Average low and high temperatures (°F)
45
35
47
37
54
41
62
44
67
48
73
53
81
56
82
60
73
55
60
47
50
42
48
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.50M – $1.81M

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Redfin
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Home values near 550 SW 48th Dr

Data from public records.

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