Active

$950,000

3970 SE Reedway St, Portland, OR 97202

4beds

3,047sqft

Est.:

Residential, Single Family Residence

Built in 2017

3,049.2 Square Feet Lot

$-- Zestimate^®

$312/sqft

$-- HOA

What's special

Refined fixturesHigh-end finishes throughoutBeautifully appointed kitchenDesigner lightingWide-plank floorsCustom cabinetry

BACK ON THE MARKET! Modern luxury meets classic Portland charm in the Reed neighborhood, just blocks from Woodstock and Reed College. This newer-built 4 bedroom, 3.1 bath home features high-end finishes throughout, including wide-plank floors, designer lighting, custom cabinetry, and refined fixtures. The open-concept main level is ideal for entertaining, centered around a beautifully appointed kitchen. A flexible layout includes a lower-level office/art studio, perfect for remote work or creative space, and the basement is fully wired for an entertainment/media room—ideal for movie nights or game days. $12,000 in new carpet installed in October 2025 adds fresh comfort and appeal. Electric car–ready garage. All located in one of SE Portland’s most desirable, walkable neighborhoods. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10176123]

1 day

382

20

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
Partial bathrooms: 1
Main level bathrooms: 1

Rooms

Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Features: Bathroom
Level: Upper
Area: 210
Dimensions: 14 x 15

Bedroom 2

Level: Upper
Area: 156
Dimensions: 12 x 13

Bedroom 3

Level: Upper
Area: 168
Dimensions: 14 x 12

Dining room

Level: Main
Area: 110
Dimensions: 11 x 10

Family room

Level: Main

Kitchen

Level: Main

Living room

Level: Main
Area: 210
Dimensions: 14 x 15

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Built In Oven, Built-In Range, Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Appliances, Microwave, Plumbed For Ice Maker, Range Hood, Washer/Dryer, Gas Water Heater, Tankless Water Heater
Laundry: Laundry Room

Features

Central Vacuum, Soaking Tub, Sound System, Vaulted Ceiling(s), Bathroom, Kitchen Island, Pantry, Quartz
Flooring: Hardwood, Wall to Wall Carpet
Windows: Double Pane Windows, Vinyl Frames
Basement: Finished,Full,Separate Living Quarters Apartment Aux Living Unit
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 3,047
Total interior livable area: 3,047 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway, Garage Door Opener, Attached, Garage Partially Converted to Living Space
Attached garage spaces: 1
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Hallway, Bathroom Cabinets, Garage On Main, Kitchen Cabinets, Natural Lighting, Utility Room On Main, Walkin Shower, Accessibility

Features

Stories: 3
Patio & porch: Covered Deck, Covered Patio, Patio, Porch
Exterior features: Garden, Gas Hookup, Yard
Fencing: Fenced
Has view: Yes
View description: City, Trees/Woods

Lot

Size: 3,049.2 Square Feet
Features: Private, Trees, Sprinkler, SqFt 3000 to 4999

Details

Additional structures: GasHookup
Parcel number: R674642
Zoning: r2.5
Other equipment: Satellite Dish

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential, Single Family Residence

Materials

Cement Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Resale
New construction: No
Year built: 2017

Utilities & green energy

Gas: Gas Hookup, Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected

Community & HOA

Community

Security: Security Gate, Security System, Security System Owned, Sidewalk

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $312/sqft
Tax assessed value: $939,390
Annual tax amount: $12,766
Date on market: 1/2/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/14/2026	Listed for sale	$950,000-4.5%$312/sqft
Source: RMLS (OR) #459827677 Report a problem
4/29/2026	Listing removed	$995,000$327/sqft
Source: RMLS (OR) #459827677 Report a problem
4/25/2026	Price change	$995,000-0.5%$327/sqft
Source: RMLS (OR) #459827677 Report a problem
3/13/2026	Price change	$999,999-4.8%$328/sqft
Source: RMLS (OR) #459827677 Report a problem
2/27/2026	Price change	$1,050,000-4.5%$345/sqft
Source: RMLS (OR) #459827677 Report a problem
1/22/2026	Price change	$1,100,000-4.3%$361/sqft
Source: RMLS (OR) #459827677 Report a problem
1/2/2026	Listed for sale	$1,150,000+43.8%$377/sqft
Source: RMLS (OR) #459827677 Report a problem
4/21/2017	Sold	$799,900$263/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,766 +3.7%	$473,800 +3%
2024	$12,307 +4%	$460,000 +3%
2023	$11,835 +2.2%	$446,610 +3%
2022	$11,578 +1.7%	$433,610 +3%
2021	$11,383 +9%	$420,990 +3%
2020	$10,442 +3.8%	$408,730 +3%
2019	$10,058	$396,830 +3%
2018	$10,058 +3%	$385,275 +87.6%
2017	$9,762 +765.8%	$205,410 +329.5%
2016	$1,127	$47,820

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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