Listing provided courtesy of iHOMESMLS# 842810MLS ProviderContact Information: Direc: 503-881-4242
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3.25% Assumable Loan + ADU Potential! Say goodbye to your landlord and step into homeownership with an incredible, hard-to-find financial advantage. This affordable and solid home features a rare assumable FHA loan at a fixed 3.25% interest rate (approx. $187k balance, only 25 years remaining), keeping your monthly PITI payment at a remarkably low $1,319! To make it sweeter, property taxes are an ultra-low $1,685/year. Living room with laminate flooring. Bright, functional kitchen packed with ample cabinetry, a dedicated pantry. Newer SS appliances. Bathroom with tub/shower combination.Located in a quiet, peaceful neighborhood.Large, fully fenced backyard with convenient alley access.Bonus Space: A large, finished room attached to the back of the detached garage is a blank canvas—perfect for an ADU conversion, home office, workshop, or craft room.Don't miss this rare opportunity to lock in yesterday's interest rates today! Schedule your tour today.

Source: Willamette Valley MLS, MLS#: 842810

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  • Property Type
    Residential
  • Lot
    0.20 acres

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  • O'Connor Group
  • Team Website
  • Cascade Hasson Sotheby’s International Realty
  • Portland Pearl District Office
  • Direct 503-422-1013
  • Client Ratings:

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  • Median Age
    43
  • Population Density
    207
  • College Educated
    36%
  • Estimated Median Income
    $61,745
  • Estimated Total Home Owners
    6,316
  • Estimated Total Renters
    2,201
  • Owner / Renter Divide
    74% / 26%
  • Estimated Average Household Size
    3
  • Total Population
    22,449
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/27/2026Source: Willamette Valley MLS Added to Database
June 27, 2026