605 48th Dr
Portland, OR 97221
4 bd 4 ba 3,729 sqft Built 2019 Lot 10,454 sqft single_family
Most recent sale
$1,855,000
May 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 11, 2022 | Sold | $1,855,000 | MLS #22378129 |
| Mar 11, 2022 | Price changed | $1,949,000 | MLS #22378129 |
| Jan 17, 2022 | Listed | $2,095,000 | MLS #22378129 |
| May 28, 2020 | Listing removed | $1,750,000 | RMLS |
| Dec 12, 2019 | Listing removed | $1,800,000 | RMLS |
| Jan 4, 2017 | Listing removed | $189,900 | RMLS |
| Aug 26, 2016 | Listing removed | $199,000 | RMLS |
| Aug 25, 2016 | Listed | $189,900 | MLS #16413905 |
| Apr 2, 2016 | Listed | $199,000 | MLS #16659279 |
| Jun 17, 2015 | Sold | $140,000 | MLS #14455312 |
| Aug 18, 2014 | Sold | $140,000 | Public Record |
| Jul 16, 2014 | Price changed | $149,900 | MLS #14455312 |
| Mar 6, 2014 | Listed | $169,000 | MLS #14455312 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $739,920 | $19,918 |
| 2024 | — | — | $739,920 | $19,202 |
| 2023 | — | — | $697,450 | $18,464 |
| 2022 | — | — | $507,930 | $13,550 |
| 2021 | — | — | $493,140 | $13,320 |
| 2020 | — | — | $478,780 | $12,219 |
| 2019 | — | — | $336,410 | $8,518 |
| 2018 | — | — | $165,170 | $4,180 |
| 2017 | — | — | $114,170 | $2,852 |
| 2016 | — | — | $110,850 | $2,610 |
| 2015 | — | — | $107,630 | $2,540 |
| 2014 | — | — | $104,500 | $2,504 |
| 2013 | — | — | $101,460 | $2,275 |
| 2012 | — | — | $98,510 | $2,212 |
| 2011 | — | — | $95,650 | $2,129 |
| 2010 | — | — | $92,870 | $2,017 |
| 2009 | — | — | $90,170 | $1,964 |
| 2008 | — | — | $43,800 | $927 |
Property facts
Year built
2019
Property type
single_family
Stories
3
Beds
4
Baths
4
Living area
3,729 sqft
Lot size
10,454 sqft
ZIP code
97221
City
Portland
Street
48th Dr
Coordinates
45.51852, -122.72730
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,458
Gross rental yield
4.82%
Implied cap rate
3.14%
Trend-extrapolated value
—
Frequently asked questions
When did 605 48th Dr last sell?
605 48th Dr most recently sold on May 11, 2022 for $1,855,000.
What is the current tax assessment for 605 48th Dr?
The most recent total assessment for 605 48th Dr (year 2025) is $739,920 with $19,918 in property tax.
How does 605 48th Dr's assessment compare to its last sale price?
The current assessment is 60.1% below the last sale price of $1,855,000.
When was 605 48th Dr built?
605 48th Dr was built in 2019.
How does 605 48th Dr compare to others on 48th Dr?
We track 1 other property on 48th Dr. Browse the list under "Other properties on 48th Dr" to compare beds, baths, and sale history.
What are the property facts for 605 48th Dr?
605 48th Dr is a 4 bed, 4 bath, 3,729 sqft, 10,454 sqft lot single_family.
Is 605 48th Dr a flip candidate?
No — 605 48th Dr does not appear in our flips dataset.
Is 605 48th Dr a tax-appeal candidate?
No — 605 48th Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.1%
2026 Q3
$956.2K
2026 Q4
$942.9K
ZIP 97221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th Dr