Condo / High-rise home in Portland, OR
This 775-square-foot Condo condo in Portland, OR includes 2 bedrooms and 1 bathroom. The Condo styling carries through the home's design.
| Price | $199,900 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 775 |
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| Architectural style | Condo / High-rise (53% match) |
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| Address | 5005 SW Mitchell St Unit 2, Portland, OR 97221 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $200K, this home is 33% below the $300K median for 669 similar Condo / High-rise homes in Portland, OR.
- That works out to $258 per square foot, 17% below the $311 comparable rate.
- On the market 23 days.
| This home | $199,900 |
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| Condo / High-rise median in Portland, OR | $300,000 (669 homes) |
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| Price per sq ft | $258 vs. $311 comps median |
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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 $1,324/month with 20% down at a 7.28% 30-year fixed rate. You would need about $56,746 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,094/mo |
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| Property tax (new-buyer reassessed rate) | $155/mo |
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| Homeowners insurance | $75/mo |
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| Total monthly | $1,324/mo |
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| Down payment (20%) | $39,980 |
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| Income needed | $56,746/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 C (57 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 | C (57/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $87,822 |
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| Range (10th to 90th pct) | $48,934 to $132,396 |
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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 Estately