Cottage / Storybook home in Portland, OR
This Cottage home in Portland, OR offers 5 bedrooms and 2 bathrooms across 2,010 square feet. Its Cottage character defines the property's look.
| Price | $399,900 |
|---|
| Beds | 5 |
|---|
| Baths | 2 |
|---|
| Sqft | 2010 |
|---|
| Architectural style | Cottage / Storybook (33% match) |
|---|
| Address | 2211 SW Martha St, Portland, OR 97239 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $400K, this home is 33% below the $595K median for 593 similar Cottage / Storybook homes in Portland, OR.
- That works out to $199 per square foot, 38% below the $319 comparable rate.
- New to market (2 days), so expect competition.
| This home | $399,900 |
|---|
| Cottage / Storybook median in Portland, OR | $595,000 (593 homes) |
|---|
| Price per sq ft | $199 vs. $319 comps median |
|---|
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 $2,649/month with 20% down at a 7.28% 30-year fixed rate. You would need about $113,521 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,189/mo |
|---|
| Property tax (new-buyer reassessed rate) | $310/mo |
|---|
| Homeowners insurance | $150/mo |
|---|
| Total monthly | $2,649/mo |
|---|
| Down payment (20%) | $79,980 |
|---|
| Income needed | $113,521/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (53 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- (53/100) |
|---|
| Beats renting in | 6% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $160,985 |
|---|
| Range (10th to 90th pct) | $87,955 to $248,148 |
|---|
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 Zillow