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431 SW Colony Dr, Portland, OR, 97219

5beds
4baths
3,736sqft
$875,000
$234price/sqft
$5,704/moest. monthly cost
$228,160/yrincome needed

About This Home

Located within an established community, this extensively updated home offers exceptional flexibility, generous living spaces, and meaningful capital improvements—alongside access to neighborhood amenities including a community pool, tennis court, and miles of trails at nearby Tryon Creek State Park. Vaulted ceilings and expansive windows fill the interior with natural light while maintaining a warm, comfortable feel throughout. A main-level bedroom and full bath provide an ideal setup for guests or multi-generational living, while the oversized primary suite upstairs functions as a private retreat with an adjoining flex space suited for a nursery, office, sitting room, or dressing area. The fully finished lower level expands the home’s versatility with two additional bedrooms, a full bath, gym space, and a large bonus room designed for media, recreation, or play. Extensive system and exterior updates provide long-term peace of mind, including new Milgard windows and skylights, high-efficiency tankless water heater, a new gas furnace, basement waterproofing and below-grade drainage system, insulation upgrades, roofing and siding improvements, full exterior paint, and more. Interior improvements include removal of the sunken living room, a redesigned fireplace, remodeled bathrooms, new interior doors, and fresh paint throughout. The kitchen and primary bath present an ideal opportunity for customization to individual taste. Experience confidence and comfort in a home defined by thoughtful updates, adaptable living spaces, and a location that balances privacy with everyday convenience—minutes from parks, Lewis & Clark College, downtown Portland, and more.

Getting Around

9
WalkingCar-Dependent
28
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

9/10
8/10
Jackson Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1991

Materials

  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Free-Standing Refrigerator,Gas Appliances,Microwave,Washer/Dryer,Gas Water Heater,Tankless Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Features: Ceiling Fan,Closet, Wallto Wall Carpet
  • Level: Main
  • Area: 143

Bedroom3

  • Features: Ceiling Fan,Bamboo Floor, Closet
  • Level: Upper
  • Area: 143

Bedroom4

  • Features: Closet, Engineered Hardwood
  • Level: Lower
  • Area: 192

Bedroom5

  • Features: Closet, Engineered Hardwood
  • Level: Lower
  • Area: 168

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 1

Dining Room

  • Features: Hardwood Floors
  • Level: Main
  • Area: 294

Family Room

  • Features: Bookcases, Builtin Features,Engineered Hardwood
  • Level: Lower
  • Area: 276

Features

  • Ceiling Fan(s),High Ceilings,Soaking Tub,Vaulted Ceiling(s),Closet,Bookcases,Built-in Features,Kitchen Island,Bathroom,Walk-In Closet(s),Tile
  • Window features: Double Pane Windows,Skylight(s)
  • Flooring: Bamboo,Engineered Hardwood,Hardwood,Laminate,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,736
  • Total interior livable area: 3,736 sqft

Kitchen

  • Features: Builtin Features, Builtin Range, Dishwasher, Gas Appliances, Hardwood Floors, Island, Microwave,Free Standing Refrigerator
  • Level: Main
  • Area: 323

Living Room

  • Features: Ceiling Fan, Fireplace, Hardwood Floors,High Ceilings
  • Level: Main
  • Area: 270

Master Bedroom

  • Features: Bathroom, Ceiling Fan, Skylight,Bamboo Floor, Ensuite, Soaking Tub, Vaulted Ceiling, Walkin Closet
  • Level: Upper
  • Area: 480

Office

  • Features: Hardwood Floors
  • Level: Main
  • Area: 180

Property

Details

  • Parcel number: R179104
  • Zoning: R-10

Features

  • Stories: 3
  • Private pool: Yes
  • Patio & porch: Patio
  • Exterior features: Tennis Court(s),Yard
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Seasonal,Trees/Woods

Lot

  • Lot size: 10,454 sqft
  • Features: Level,SqFt 10000 to 14999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Door Opener,Attached,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,424$53,088
Home Insurance *$198$2,376
Property Taxes $743$8,916
Electricity $339$4,068
Total$5,704$68,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,565/yr
40% on housing$171,120/yr
45% on housing$152,106/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 97219$272
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97219$312
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$950,000
2016-02-17Sold$455,000
2016-01-04Pending sale$485,000
2015-11-10Price change$485,000
2015-09-24Price change$495,000
2015-08-15Listed for sale$525,000
2001-01-19Sold$158,000

For Sale by Agent

AgentRuth Maher, Opt
BrokerageOpt

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