Dreams Start Here
Affordable - SOLD
10851 SE Cherry Blossom Portland, Oregon 97216
County: Multnomah
Price: $193,000 | MLS#: 23230793
Beds: 2 | Baths: 2 | Floors: 3 | Est. Sq Ft: 1177
Brand new attached condo in a trendy Mill Park neighborhood! This incredible home features 2 bedrooms, 2 bathrooms, an open concept kitchen/dining/ living space. Enjoy the modern aesthetics in a comfortable low maintenance, energy efficient home. This light and bright gorgeous newly constructed condo packs a punch with three floors of light & bright neutral. Ready for its first owner to make it theirs. The home is eligible for Portland Housing Bureau’s Tax Abatement Program. This program has a $900 application fee that can be paid at closing.
Home Energy Score: 9
*Payment amount 6.25% interest on a 30-year, fixed-rate Oregon Bond Loan of $192,500 with a $500 down payment and payment includes property taxes, insurance, service fee & HOA fees, if applicable. You must be an income-qualified homebuyer with a minimum income of $52,000 to purchase this home with Proud Ground. Owner-occupancy, resale, and other restrictions apply. Final monthly payment and down-payment amount will be determined by the lender based on current interest rates.
Listed by Undra Adams, real estate broker licensed in OR with listing office Proud Ground. For more information about this property, contact Undra Adams, licensed broker in Oregon, at 503-493-0293 x106 or undra@proudground.org
Household Size |
Maximum Household Income |
1 | $63,150 |
2 | $72,200 |
3 | $81,200 |
4 | $90,200 |
5 | $97,450 |
6 | $104,650 |
7 | $111,650 |
8 | $119,100 |
Year Built: 2022
Estimated monthly HOA/Condo fees: $249
Estimated Appraised Value: $325,000
Estimated Monthly Property Taxes: $125/month with tax abatement
Proud Ground Monthly Fee: $50
Estimated Recording Fees: $800
Max. front end/housing ratio: 38%
Max. back-end ratio: 45%
Minimum home buyer contribution to purchase: $500
Land Lease or Covenant: Covenant
1st time homebuyer required?: Yes