NOT LISTED FOR SALE

4641 NE Sumner St Portland, OR 97218

Cully Neighborhood

Estimated Value: $390,000 - $526,000

2 Beds
1 Bath
756 Sq Ft
$618/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $485,000 $642 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,807/month

248 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Dining Room
  • 0.35 Acre Lot
  • Living Room
  • Baseboard Heating

About This Home

As of January 2024

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.

Last Agent to Sell the Property

Michele Montoya

MORE Realty License #200501263 Listed on: 05/25/2023

MORE Realty

Last Buyer's Agent

Andre Broadous

Kelly Right Real Estate of Portland, LLC License #201212184

Kelly Right Real Estate of Portland, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1939

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Property is zoned R5

Parking

  • RV Access or Parking

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Vernon Elementary And Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R119024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1939
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Basement: CrawlSpace
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt15000to19999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Other
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVBoatStorage
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0
  • Parcel #: R119024

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2963.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jan 2, 2024
Sold by
Ho John and Ha Tina
Bought by
Bratton Development Llc
Seller's Agent
Michele Montoya
MORE Realty
Buyer's Agent
Andre Broadous
Kelly Right Real Estate of Portland, LLC
List Price
$494,900
Sold Price
$485,000
Premium/Discount to List
-$9,900
-2%
Views
117
Current Estimated Value
$467,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,900
Avg. Annual Appreciation
-1.50%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Trinh Thien Minh
Bought by
Ho John and Ha Thanh Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 4, 2005
Sold by
Pheney Judy F
Bought by
Trinh Thien Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1997
Sold by
Courtney Norman
Bought by
Pheney Judy F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bratton Development Llc $485,000 Wfg Title
Ho John $190,000 Fidelity Natl Title Co Of Or
Trinh Thien Minh $165,000 Ticor Title Insurance Compan
Pheney Judy F $55,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho John $152,000
Previous Owner Trinh Thien Minh $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $485,000 -2.0% $642 / Sq Ft
10/03/2023 10/03/23 For Sale $494,900 +2.0% $655 / Sq Ft
10/01/2023 10/01/23 Off Market $485,000 -- --
08/03/2023 08/03/23 Price Changed $494,900 -1.0% $655 / Sq Ft
05/25/2023 05/25/23 For Sale $499,900 -- $661 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax 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. Land Improvement
2024 $3,149 $117,710 -- --
2023 $3,029 $114,290 $0 $0
2022 $2,963 $110,970 $0 $0
2021 $2,913 $107,740 $0 $0
2020 $2,672 $104,610 $0 $0
2019 $2,574 $101,570 $0 $0
2018 $2,499 $98,620 $0 $0
2017 $2,395 $95,750 $0 $0
2016 $2,192 $92,970 $0 $0
2015 $2,135 $90,270 $0 $0
2014 $2,103 $87,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Montoya

    Seller's Agent in 2024

    Michele Montoya

    MORE Realty

    (503) 453-7242

    1 in this area

    232 Total Sales

    Michele Montoya
    Section Image

  • A

    Buyer's Agent in 2024

    Andre Broadous

    Kelly Right Real Estate of Portland, LLC

    (503) 719-6056

    4 in this area

    58 Total Sales

    Andre Broadous
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23548726

Regional Multiple Listing Service (RMLS)

APN: R119024

Oregon Multnomah County Portland 97218 Cully

4641 NE Sumner St, Portland, OR

This home is located at 4641 NE Sumner St, Portland, OR 97218 since 25 May 2023 and is currently estimated at $467,100, approximately $617 per square foot. This property was built in 1939. 4641 NE Sumner St is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High School, and Leodis V. McDaniel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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