$4,394 Closing Credit¹
#319864965, Kurt Clements, Listing Office: ListWithFreedom.com
$460,000 List price
7040 NE Sumner St Portland, OR 97218
$5,463
Closing credit¹
2 beds
1 full
1,177 sqft
0.3 acres
$391 / sqft
House
Property details
About 7040 NE Sumner St
Charming 2-Bed Home with Spacious Yard in the Heart of Cully!Welcome to your dream home! Situated on nearly a 1/4-acre lot, this 2-bedroom, 1-bath gem offers 1,177 square feet of beautifully updated living space. Flooded with natural light and featuring an updated kitchen with butcher block countertops and engineered hardwood floors, this home perfectly blends modern touches with cozy charm. Step outside to discover a backyard oasis. The fully fenced yard offers ultimate privacy, complete with mature landscaping, a fire pit, and a massive covered patio, perfect for entertaining year-round. There's even an outbuilding for extra storage and a garage for your convenience. Located in the desirable Cully neighborhood, you're minutes from shopping, freeway access, and PDX Airport, making this home as convenient as it is inviting. Ideal for first-time homebuyers or pet owners, this property has everything you need to settle in and enjoy life.Don’t miss your chance to own this serene retreat in the heart of it all! Schedule a tour today.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,177 sqft
Lot size0.25 Acres
Year built1941
ParkingDriveway, Street Parking
MLS #527269638
Garage1 space
FireplaceWood Burning
ViewTerritorial
Summary
- MLS Number: 527269638
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Savi Realty, Inc.
- Office Phone: (360) 993-5800
- Listing Agent: Rodney Shimogawa
The 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 © 2025 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: 4/21/2025, 5:14:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$460,000
7040 NE Sumner St
$5,463
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 06, 2022 | Home Sold | $450,000 |
| Oct 19, 2016 | Home Sold | $330,000 |
| Sep 27, 1996 | Home Sold | $93,730 |
| Jun 01, 1988 | Home Sold | $44,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $185,510 | $4,915 |
| 2022 | $180,110 | $4,809 |
| 2021 | $174,870 | $4,809 |
| 2020 | $169,780 | $4,728 |
| 2018 | $160,040 | $4,055 |
| 2017 | $155,380 | $3,886 |
History based on county public records data.
Nearby schools
6
Scott Elementary School
Public District KG-5
0.4 mi
•6700 NE Prescott St
5
Rigler School
Public District KG-5
0.9 mi
•5401 NE Prescott St
7
Rose City Park Elementary School
Public District KG-5
1.6 mi
•2334 NE 57th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,893. Typical income of Portland, OR residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
55%
<35k
34%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7040 NE Sumner St
This home is located at 7040 NE Sumner St in Portland, OR and zip code 97218 in the Paddock Gardens neighborhood. This 1,177 square foot home, which was built in 1941, sits on a 0.25 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $460,000.
In March 2025 more than 260 listings in Portland, OR were sold above the asking price. During the same period more than 174 listings were sold at asking price, while more than 254 were sold below. In March 2025 in Portland, OR there were 11.5% more homes for sale than in February. In March 2025 median list price was $547,107 and the average listing age was 58 days.
From Rocket Homes Real Estate and based on county public records data.