This turn key duplex offers great income generation within 1/4 mile of the light rail, bus lines, shopping and parks. Flexible floor plans, combined with desirable amenities (separate entrances, laundry and porches)make them easy to rent. 1540 N Sumner comes with 640 sq. ft. high ceiling 2 car garage that could be art studio or shop. Plentiful individual storage. 1542 has master suite with/2nd story deck
Unit Features: Deck, Dishwasher, Range, Storage, Washer/Dryer, Wood Floors, Air Conditioning
Schools
Elementary School: Beach
High School: Jefferson
School High2: Roosevelt
Lot Info
Lot Description: On Busline, Light Rail
Zoning: R2
Tax Info
Tax Amount: 5384.13
Assessor Parcel Number: R257286
Multi Family
Unit Type: 1, 2
Number Of Units Total: 2
Gross Rent Multiplier: 11.12
MLS Schools
Elementary School: Beach
High School: Jefferson
Ownership History
DateNameOwned ForOwner Type
Aug 2014 - PresentHestia Llc10 Years and 9 Months
Company
Purchase Details
Listed on
Jul 10, 2014
Closed on
Aug 20, 2014
Sold by
Bellabonn Llc
Bought by
Hestia Llc
Seller's Agent
Chris Bonner
Neighbors Realty
Buyer's Agent
Shayna Denny
Polaris Realty NW
List Price
$499,000
Sold Price
$499,000
Total Days on Market
17
Current Estimated Value
$889,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,500
Avg. Annual Appreciation
5.52%
Dec 2008 - Aug 2014Bellabonn Llc5 Years and 8 Months
Company
Purchase Details
Closed on
Dec 31, 2008
Sold by
Tillman Bonnie
Bought by
Bellabonn Llc
Apr 2008 - Dec 2008Tillman Bonnie8 Months
Private Individual
Purchase Details
Closed on
Apr 29, 2008
Sold by
Residential Funding Co Llc
Bought by
Tillman Bonnie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Nov 2007 - Apr 2008Residential Funding Co Llc and Residential Funding Corp5 Months
Company
Purchase Details
Closed on
Nov 6, 2007
Sold by
Giles Michael
Bought by
Residential Funding Co Llc and Residential Funding Corp
Aug 2006 - Nov 2007Giles Michael1 Year and 3 Months
Private Individual
Purchase Details
Closed on
Aug 18, 2006
Sold by
Lugos Properties Llc
Bought by
Giles Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Mar 2006 - Aug 2006Lugos Properties Llc5 Months
Company
Purchase Details
Closed on
Mar 6, 2006
Sold by
Barnett Robyn E
Bought by
Lugos Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Jan 2006 - Mar 2006Barnett Robyn E2 Months
Private Individual
Purchase Details
Closed on
Jan 27, 2006
Sold by
Lugos Properties Llc
Bought by
Barnett Robyn E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Nov 2005 - Jan 2006Lugos Properties Llc2 Months
Company
Purchase Details
Closed on
Nov 30, 2005
Sold by
Barnett Robert M
Bought by
Lugos Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Mar 2005 - Nov 2005Barnett Robert M8 Months
Private Individual
Purchase Details
Closed on
Mar 18, 2005
Sold by
Albers James L
Bought by
Barnett Robert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 1540 N Sumner St Unit 1542, Portland, OR 97217 since 10 July 2014 and is currently estimated at $889,500, approximately $265 per square foot. This property was built in 1922. 1540 N Sumner St Unit 1542 is a home located in Multnomah County with nearby schools including Beach Elementary School, Ockley Green, and Jefferson High School.
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