Dreams Start Here

Affordable - Pending

13405 SE Foster Road, Portland, Oregon 97236

County: Multnomah

Price: $256,000 or $2,031/mo* | MLS#: 24042536
Beds: 3 | Baths: 2 | Floors: 2 | Est. Sq Ft: 1,244

This newly constructed townhome featuring 3 bedrooms, 2 bathrooms with 2 floors. Located in SE Portland with thoughtful window placement that allows natural light into the townhome. Creating a vibrant and inviting ambiance. This townhome is energy efficient with heat pump to heat and cool the home. New Washer/Dryer, Refrigerator, Range and Dishwasher are included. Water and garbage included in HOA fee.

Home Energy Score 10

The home is eligible for Portland Housing Bureau’s Tax Abatement Program. This program has a $1,000 application fee that can be paid at closing.

Due to the legal structure of this property the only loans that are currently eligible for this home is the Oregon Bond Loan Program.

Please view the photos and submit your application if you’re interested in this home. The top applicant will be given a tour of the home prior to completing a sale agreement.

*Payment amount assumes 6.125% interest on a 30-year, fixed-rate Oregon Bond loan of $255,500 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 $60,000 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

Learn more about this opportunity by attending Proud Ground’s virtual Q & A session Register here

Obtenga más información sobre esta oportunidad asistiendo a la sesión virtual de preguntas y respuestas de Proud Ground Registrar aquí

Join a virtual information session to learn more about Proud Ground’s program. View Calendar here.

Household Size

Maximum Household Income

1 $66,100
2 $75,550
3 $85,000
4 $94,400
5 $102,000
6 $109,550
7 $117,100
8 $124,650

Year Built: 2024

Estimated monthly HOA/Condo fees: $274

Estimated Appraised Value: $335,000

Estimated Monthly Property Taxes: $125* w/ 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

1st time homebuyer required?: Yes

Land Lease or Covenant? Leasehold Condo

Interested in applying for this home? Click the Application Instructions below.