New price creates a great opportunity on this close-in West Hills home on spacious lot in highly coveted Sylvan Highlands Neighborhood! Here's your chance for the wonderful Ainsworth/West Sylvan/Lincoln High school district! This beautiful, solid mid-century home, on over-sized private lot is craving some love! Let your personal cosmetic finishes make it shine and create instant equity! Fresh paint inside and out, landscaping, and some cosmetics will go a long way! This home received a complete top to bottom remodel just 10 years including a new 50 yr roof, Furnace, Kitchen, Baths and more! The huge fenced "double" back yard has endless opportunities such as Sport Court, detached ADU, elite garden, etc... Sylvan Highlands neighbors The Oregon Zoo & Max Station, and is home to historic tennis center The Racquet Club. Just a few minutes to Downtown, Northwest Portland and Pearl District Restaurants, shopping and entertainment. Instant freeway access for short commutes to Nike, Intel and Hi-Tech Corridor! Washington Park and Forest Park are also nearby. Ready for you finishing touches to make it shine and and enjoy for many years to come!
Pending
Price cut: $30K (9/4)
$568,500
4842 SW Elm Ln, Portland, OR 97221
3beds
2,020sqft
Residential, Single Family Residence
Built in 1947
0.25 Acres Lot
$565,900 Zestimate®
$281/sqft
$-- HOA
What's special
Solid mid-century homeOver-sized private lot
- 97 days
- 4,792
- 413
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tom Portlock 503-475-7423,
MORE Realty
Source: RMLS (OR),MLS#: 264568869
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite, Walkin Closet, Wallto Wall Carpet
- Level: Lower
- Area: 156
- Dimensions: 12 x 13
Bedroom 2
- Features: Hardwood Floors
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Features: Hardwood Floors
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Dining room
- Features: Garden Window, Tile Floor
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Family room
- Features: Fireplace, Patio, Wallto Wall Carpet
- Level: Lower
- Area: 300
- Dimensions: 15 x 20
Kitchen
- Features: Dishwasher, Garden Window, Gas Appliances, Updated Remodeled, Free Standing Refrigerator
- Level: Main
- Area: 110
- Width: 11
Living room
- Features: Deck, Fireplace, French Doors, Hardwood Floors
- Level: Main
- Area: 300
- Dimensions: 15 x 20
Heating
- Forced Air, Fireplace(s)
Cooling
- None
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
Features
- Updated Remodeled, Walk-In Closet(s), Pantry, Tile
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Doors: French Doors
- Windows: Double Pane Windows, Vinyl Frames, Garden Window(s)
- Basement: Daylight,Exterior Entry,Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,020
- Total interior livable area: 2,020 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street, Garage Door Opener, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio, Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.25 Acres
- Dimensions: 10,774 s.f.
- Features: Level, Terraced, Trees, Wooded, SqFt 10000 to 14999
Details
- Parcel number: R301068
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Daylight Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Sylvan Highlands
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $730,220
- Annual tax amount: $8,240
- Date on market: 6/21/2026
- Cumulative days on market: 98 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$565,900
$538,000 - $594,000
$3,655/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Pending sale | $568,500$281/sqft |
Source:  RMLS (OR) #264568869 Report a problem | ||
| 9/4/2026 | Price change | $568,500-5%$281/sqft |
Source: RMLS (OR) #264568869 Report a problem | ||
| 7/23/2026 | Price change | $598,500-5%$296/sqft |
Source: RMLS (OR) #264568869 Report a problem | ||
| 6/22/2026 | Listed for sale | $630,000+20%$312/sqft |
Source: RMLS (OR) #264568869 Report a problem | ||
| 5/12/2017 | Sold | $525,000-4.4%$260/sqft |
Source: RMLS (OR) #17436764 Report a problem | ||
| 4/3/2017 | Pending sale | $549,000$272/sqft |
Source: Locker Properties #17436764 Report a problem | ||
| 3/2/2017 | Listed for sale | $549,000+46.8%$272/sqft |
Source: Locker Properties #17436764 Report a problem | ||
| 10/19/2015 | Sold | $374,088-6.5%$185/sqft |
Source: RMLS (OR) #14305739 Report a problem | ||
| 9/29/2015 | Pending sale | $399,900$198/sqft |
Source: Lake Oswego #14305739 Report a problem | ||
| 8/29/2015 | Price change | $399,900-4.8%$198/sqft |
Source: Lake Oswego #14305739 Report a problem | ||
| 6/8/2015 | Listed for sale | $420,000$208/sqft |
Source: Lake Oswego #14305739 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,240 +3.7% | $306,100 +3% |
| 2024 | $7,944 +4% | $297,190 +3% |
| 2023 | $7,639 +2.2% | $288,540 +3% |
| 2022 | $7,473 +1.7% | $280,140 +3% |
| 2021 | $7,347 +9% | $271,990 +3% |
| 2020 | $6,740 +3.8% | $264,070 +3% |
| 2019 | $6,492 | $256,380 +3% |
| 2018 | $6,492 +3% | $248,920 +3% |
| 2017 | $6,301 +28.5% | $241,670 +16.1% |
| 2016 | $4,904 | $208,200 +3% |
| 2015 | $4,904 +2.7% | $202,140 +3% |
| 2014 | $4,775 +3.9% | $196,260 +3% |
| 2013 | $4,594 +10.6% | $190,550 +3% |
| 2012 | $4,155 +3.9% | $185,000 +3% |
| 2011 | $3,999 +5.5% | $179,620 +3% |
| 2010 | $3,789 +2.7% | $174,390 +3% |
| 2009 | $3,689 +5.9% | $169,320 +3% |
| 2008 | $3,482 +0.2% | $164,390 +3% |
| 2007 | $3,475 +11.4% | $159,610 +3% |
| 2006 | $3,121 +4.7% | $154,970 +3% |
| 2005 | $2,979 -8.4% | $150,460 +3% |
| 2004 | $3,251 +2.3% | $146,080 +3% |
| 2003 | $3,180 +8.9% | $141,830 +3% |
| 2002 | $2,920 +7.4% | $137,700 +6.1% |
| 2000 | $2,719 | $129,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sylvan Highlands
Nearby schools
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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