Purchase with as little as $0 down through Seller's preferred lender! FHA financing available for property. Contact listing brokers for additional information. Welcome to Sumner Garden Townhomes, 12 sustainably-built new construction townhomes adjacent to Sumner Community Garden in the Cully neighborhood of Northeast Portland. Each townhome features 2 bedrooms, one and a half bathrooms, with high-end finishes including quartz countertops, tile backsplashes, and stainless-steel appliances. Enjoy spacious outdoor living with large, private fenced backyards that offer ample space for entertaining, gardening, or relaxing in your private oasis. Buyers have the option to add artificial turf to their backyard prior to closing for an additional $7,500 added to the purchase price (see 5033 NE 47th Pl Unit 9 for a sample turfed yard). Built to Earth Advantage Platinum specifications, these homes offer maximum energy efficiency and sustainable design. The listed price is available to buyers who qualify for the income and owner-occupier specifications of Portland's SDC waiver program (household income verification of no more than $140,280 per year, and must owner-occupy). If buyer does not qualify, the purchase price will be $25,000 more than the listed price.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,741
Per Month
Principal & Interest
$1,647
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$27
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,056
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Rigler School
5401 NE Prescott St
Distance between this listing and this school0.43 miles
Public District Grades KG-5
6
/10
Scott Elementary School
6700 NE Prescott St
Distance between this listing and this school1.04 miles
Public District Grades KG-5
10
/10
Alameda Elementary School
2732 NE Fremont St
Distance between this listing and this school1.39 miles
Public District Grades KG-5
Nearby Schools
7
/10
Beaumont Middle School
4043 NE Fremont St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
5
/10
Faubion School
2930 NE Dekum St
Distance between this listing and this school1.22 miles
Public District Grades PK-8
8
/10
Vernon Elementary School
2044 NE Killingsworth St
Distance between this listing and this school1.43 miles
Public District Grades KG-8
Nearby Schools
2
/10
Alliance High School
4039 NE Alberta Ct
Distance between this listing and this school0.38 miles
Public District Grades 9-12
8
/10
Grant High School
2245 NE 36th Ave
Distance between this listing and this school1.57 miles
Public District Grades 9-12
8
/10
Jefferson High School
5210 N Kerby Ave
Distance between this listing and this school2.78 miles
The neighbors living near this home have an average income of $63,184. Most Portland, OR residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5111 NE 47th Pl
What is the listing price of this property?
The listing price of 5111 NE 47th Pl property is $329,900.
What type of property is this?
The property 5111 NE 47th Pl is a condo located in Portland, Oregon, 97218.
Is this property for sale now?
Active Listing: 5111 NE 47th Pl is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 5111 NE 47th Pl has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5111 NE 47th Pl is 809 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5111 NE 47th Pl is 2024.
This home is located at 5111 NE 47th Pl in Portland, OR and zip code 97218 in the East Portland Park neighborhood. This 809 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $329,900.
While more than 298 listings in Portland, OR in October 2024 were sold above asking price, there were more than 212 listings sold at asking price, and more than 339 were sold below. The number of homes for sale in Portland, OR increased by 4.2% between September 2024 and October 2024. Listings spent 48 days on the market in October 2024, and had a median list price of $541,309 during the same period.
From Rocket Homes Real Estate and based on county public records data.