4 months on rocket

5111 NE 47th Pl, Portland, OR, 97218

$329,900

Home List Price

$3,918*

Closing Credit

2 Bedrooms
1 Full Bath
809 SqFt
$408/SqFt
Condo

Location

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5111 NE 47th Pl, Portland$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingStreet Parking
Year BuiltNew Const., 2024
HeatingZoned
CoolingZoned
MLS #24585863
StatusActive

About 5111 NE 47th Pl

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern, Townhouse
  • Year Built: 2024
  • Stories: 2
  • Living Area: 809 SqFt

Listing Office:

  • Office Name: Knipe Realty ERA Powered
  • Office Phone: (503) 201-8537
  • Listing Agent: Daniel Silvey, Steve Yurecko

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Microwave
  • Basement: No
  • Interior: Quartz

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence, Patio, Yard

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking

Virtual/3D Tour

  • Virtual Tour: 5111 NE 47th Pl
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Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Corner of NE 47th Pl & NE Sumner

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $408/SqFt

HOA Fees:

  • Amount: $27
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

5111 NE 47th Pl vs Portland

121 DAYS ON ROCKET

+67 Days

$329,900

-$212.4K Less

$408/SqFt

+$92 More

KEY TAKEAWAY

This property is $212.4K less than the Median Sold Price and $92/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24585863

Listing Office:

  • Office Name: Knipe Realty ERA Powered
  • Office Phone: (503) 201-8537
  • Listing Agent: Daniel Silvey, Steve Yurecko

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

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: 12/23/2024, 6:20:59 AM 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

$1,741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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.

Nearby Schools

school-card-donut-1149752
5
/10
  • Rigler School

  • 5401 NE Prescott St

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-1149753
6
/10
  • Scott Elementary School

  • 6700 NE Prescott St

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-1149754
10
/10
  • Alameda Elementary School

  • 2732 NE Fremont St

  • 1.39 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,184. The most common annual income of people living in Portland, OR is between $35k-100k. Residents typically live in single, no kids family. 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.

Rocket Homes›Oregon›Multnomah County›Portland›97218›5111 NE 47th Pl

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.

In November 2024, from all listings sold in Portland, OR there were more than 253 sold above asking price, over 320 sold below and more than 166 were sold right at the asked price. The inventory of homes for sale in Portland, OR between October 2024 and November 2024 decreased by 11.9%. In November 2024 median list price was $542,392 and the average listing age was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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