Condo / High-rise home in Portland, OR
Set in Portland, OR, this Condo condo provides 1 bedroom and 1 bathroom across 415 square feet. Notable features include vaulted / high ceilings.
| Price | $159,999 |
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| Beds | 1 |
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| Baths | 1 |
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| Sqft | 415 |
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| Architectural style | Condo / High-rise (84% match) |
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| Address | 1005 SW Park Ave #302, Portland, OR 97205 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: vaulted / high ceilings.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $160K, this home is 47% below the $300K median for 669 similar Condo / High-rise homes in Portland, OR.
- That works out to $386 per square foot, 24% above the $311 comparable rate.
| This home | $159,999 |
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| Condo / High-rise median in Portland, OR | $300,000 (669 homes) |
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| Price per sq ft | $386 vs. $311 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 $1,060/month with 20% down at a 7.28% 30-year fixed rate. You would need about $45,419 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $876/mo |
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| Property tax (new-buyer reassessed rate) | $124/mo |
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| Homeowners insurance | $60/mo |
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| Total monthly | $1,060/mo |
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| Down payment (20%) | $32,000 |
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| Income needed | $45,419/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 F (36 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 | F (36/100) |
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| Beats renting in | 1% of modeled paths |
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| Modeled 5-yr equity (median) | $50,733 |
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| Range (10th to 90th pct) | $23,326 to $82,398 |
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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 Trulia