Condo / High-rise home in Portland, OR
This 2,107-square-foot Condo condo in Portland, OR includes 2 bedrooms and 3 bathrooms. The listing highlights a fireplace.
| Price | $1,096,000 |
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| Beds | 2 |
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| Baths | 3 |
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| Sqft | 2107 |
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| Architectural style | Condo / High-rise (98% match) |
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| Address | 1221 SW 10th Ave Unit 1501, 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: fireplace.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.1M, this home is 265% above the $300K median for 669 similar Condo / High-rise homes in Portland, OR.
- That works out to $520 per square foot, 67% above the $311 comparable rate.
| This home | $1,096,000 |
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| Condo / High-rise median in Portland, OR | $300,000 (669 homes) |
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| Price per sq ft | $520 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 $7,260/month with 20% down at a 7.28% 30-year fixed rate. You would need about $311,125 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $5,999/mo |
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| Property tax (new-buyer reassessed rate) | $849/mo |
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| Homeowners insurance | $411/mo |
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| Total monthly | $7,260/mo |
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| Down payment (20%) | $219,200 |
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| Income needed | $311,125/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 (35 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 (35/100) |
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| Beats renting in | 1% of modeled paths |
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| Modeled 5-yr equity (median) | $341,643 |
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| Range (10th to 90th pct) | $159,565 to $560,241 |
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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