Ranch home in 2112 SE 148th Pl Portland, OR
Set in Portland, OR, this Ranch condo provides 2 bedrooms and 1 bathroom across 956 square feet. Its Ranch character defines the property's look.
| Price | $165,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 956 |
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| Architectural style | Ranch (38% match) |
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| Address | 2112 SE 148th Pl Portland, OR 97233 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $165K, this home is 68% below the $515K median for 858 similar Ranch homes in Portland, OR.
- That works out to $173 per square foot, 50% below the $345 comparable rate.
- On the market 17 days.
| This home | $165,000 |
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| Ranch median in Portland, OR | $515,000 (858 homes) |
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| Price per sq ft | $173 vs. $345 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,093/month with 20% down at a 7.28% 30-year fixed rate. You would need about $46,839 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $903/mo |
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| Property tax (new-buyer reassessed rate) | $128/mo |
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| Homeowners insurance | $62/mo |
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| Total monthly | $1,093/mo |
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| Down payment (20%) | $33,000 |
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| Income needed | $46,839/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (71 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (71/100) |
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| Beats renting in | 27% of modeled paths |
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| Modeled 5-yr equity (median) | $93,032 |
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| Range (10th to 90th pct) | $58,553 to $132,827 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Portland, OR where local data is thin.
Local home values
Typical home values in Portland, OR have risen about 6% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto