See Home Value
Portland 97218 Cully
4641 NE SUMNER ST
$445,000 - $543,000
House - Off Market

4641 NE SUMNER ST

Portland, OR 97218
bedrooms
2 Beds
bathrooms
1 Bath
square feet
756 Sqft
Sold Jan 31, 2024
$485,000
Sold Dec 12, 2005
$190,000
$152,000 by Americas Wholesale Lender
Mortgage Due Jan 01, 2036

About This Property

Fantastic opportunity w/PDX new zoning rules for high density. Corner .35 acre lot zoned R5 now w/updated zoning includes R2.5 & R7. Allows-2 ADUs per house OR duplexes up to four-plex. Lot can be divided into 5k lots & each lot allow duplex up to fourplexes OR 2 ADUs per house on each lot of 5K. Buyer to own due diligence with the city of Portland for possibilities. Close-in to Alberta Arts District & Beaumont. Only value is in land. No trespassing.

The manager has listed the unit size as 756 square feet.
Unit Size
756Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$655
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1939

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold $485,000
Sold
Dec 2, 2023 No longer available -
No longer available
Oct 4, 2023 Relisted $494,900
Relisted
Oct 2, 2023 No longer available -
No longer available
Aug 4, 2023 Price Decreased $494,900
↓ $5K (1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Aluminium
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 226
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 15,266
  • Total Building Area: 756
  • Gross Building Area: 756
  • Building Area: 756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 756
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BOUNDARY AC
  • Land Acres: 0.351
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOUNDARY AC, LOT 13

Ownership

  • Current Owner : BRATTON DEVELOPMENT LLC
  • Previous Owner : HO JOHN
  • Previous Owner 2: HA TINA
  • Owner Before Previous Owner: TRINH THIEN MINH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 007500

Zoning

  • Zoning: R5H

Geography

  • Account Number: R094100310
  • Parcel: R119024
  • Lot: 13
  • Meridian: SEC 19 TWN 01N RNG 02E
  • Latitude: 45.5603
  • Longitude: -122.615

    Address

  • Full Address: 4641 Ne Sumner St
  • Address - House Number: 4641
  • Street Direction: NE
  • Address - Street Name: Sumner
  • Address - Suffix Type: St
  • State: OR
  • City Name: Portland
  • Carrier Code: C021
  • 4-Digit Zip Code: 2059
  • Zip Code: 97218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,029
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 97
  • Final Value: 460,952
  • High Value: 490,534
  • Low Value: 431,370

    Market Valuation

  • Market Total Value: $560,160
  • Market Land Value: $443,500
  • Market Improvement Value: $116,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,290

    Sales

  • Current Sale Contract Date: Jan 02, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11920054146
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5810
  • Previous Sale Recording Date: Dec 12, 2005
  • Previous Sale Contract Date: Dec 07, 2005
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Dec 12, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
1.5 Baths
873 ft²
$544/ft²
$475,000 Sep 7, 2023
-
$609/mo
Condo
2 Beds
1.5 Baths
873 ft²
$533/ft²
$465,000 Sep 15, 2023
-
$609/mo
Condo
2 Beds
1.5 Baths
873 ft²
$601/ft²
$525,000 Jun 6, 2023
-
$305/mo
Land
Loft
-
-
$544,000 Apr 16, 2023
-
$292/mo

About Central Northeast Neighbors Incorporated


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Frequently Asked Questions

When was property at 4641 Northeast Sumner Street built and last sold?
The property at 4641 Northeast Sumner Street was built in 1939 and last sold on Jan 2, 2024 for $485,000.
How much is this home worth?
The estimated value of the home located at 4641 Northeast Sumner Street is $493,899.
What are some comparable homes to 4641 Northeast Sumner Street?
Homes that are comparable to 4641 Northeast Sumner Street include a condo property at 4834 Northeast Prescott Street, 4750 Northeast 40th Avenue, 4410 Northeast Holman Street.

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