Cottage / Storybook home in 2303 NW Stimpson Ln Portland, OR
A Cottage condo in Portland, OR, it offers 3 bedrooms and 3 bathrooms across 2,015 square feet. The Cottage styling carries through the home's design.
| Price | $529,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 2015 |
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| Architectural style | Cottage / Storybook (50% match) |
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| Address | 2303 NW Stimpson Ln Portland, OR 97229 |
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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 Movoto.
Is this a good buy?
Priced a little under the area.
- At $529K, this home is 11% below the $595K median for 593 similar Cottage / Storybook homes in Portland, OR.
- That works out to $263 per square foot, 18% below the $319 comparable rate.
- On the market 17 days.
| This home | $529,000 |
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| Cottage / Storybook median in Portland, OR | $595,000 (593 homes) |
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| Price per sq ft | $263 vs. $319 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 $3,504/month with 20% down at a 7.28% 30-year fixed rate. You would need about $150,169 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,896/mo |
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| Property tax (new-buyer reassessed rate) | $410/mo |
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| Homeowners insurance | $198/mo |
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| Total monthly | $3,504/mo |
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| Down payment (20%) | $105,800 |
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| Income needed | $150,169/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 (58 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 (58/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $233,096 |
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| Range (10th to 90th pct) | $132,728 to $353,426 |
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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