3 months on rocket

1542 SE 50th Ave Unit 3, Portland, OR, 97215

$309,995

Home List Price

$3,681*

Closing Credit

2 Bedrooms
1 Full Bath
800 SqFt
$387/SqFt
Condo

Location

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1542 SE 50th Ave Unit 3, Portland$309,995

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingStreet Parking
Year BuiltNew Const., 2024
HeatingZoned
CoolingZoned
MLS #24672911
StatusActive

About 1542 SE 50th Ave Unit 3

Reduced rate financing available + 10 year tax abatement on this unit! Exceptionally well built and well located within the Hawthorne district and less than 1 mile to Mt. Tabor park. Come enjoy everything this location has to offer! Walk score 92/ Bike score 99. Light and bright 2 bedroom 1.5 bath 2 story unit includes high end trim package, custom cabinetry, tile backsplashes, quartz counters, designer fixtures and open concept main level living. Don't miss out on the massive full head height accessible attic storage- Extremely rate for this type of home!! Interest rate concerns? We have you covered with a builder rate buy down through our preferred lending partner. Make this beautiful home yours today with a reduced rate mortgage, property tax savings and an easy living/low maintenance property located in one of Portland's most trendy neighborhoods. Listed price is subject to buyer qualifying for Portland Housing Bureau SDC exemption program with household income less than $114k/year. Tax abatement subject to buyer eligibility through Portland Housing Bureau. Builder rate buydown available through preferred lender.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 2024
  • Stories: 2
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: 503 Properties Inc
  • Office Phone: (503) 235-5070
  • Listing Agent: Ben Wiltgen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Microwave

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: SE 50th to SE Clay

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,995
  • Price Per SqFt: $387/SqFt

HOA Fees:

  • Amount: $113
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

1542 SE 50th Ave Unit 3 vs Portland

93 DAYS ON ROCKET

+45 Days

$309,995

-$231.3K Less

$387/SqFt

+$71 More

KEY TAKEAWAY

This property is $231.3K less than the Median Sold Price and $71/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24672911

Listing Office:

  • Office Name: 503 Properties Inc
  • Office Phone: (503) 235-5070
  • Listing Agent: Ben Wiltgen

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-187129
7
/10

  • Rose City Park Elementary School

  • 2334 NE 57th Ave

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-187130
9
/10

  • Glencoe Elementary School

  • 825 SE 51st Ave

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-187131
5
/10

  • Rigler School

  • 5401 NE Prescott St

  • 1.50 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,198. Most Portland, OR residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1542 SE 50th Ave Unit 3

What is the listing price of this property?

The listing price of 1542 SE 50th Ave Unit 3 property is $309,995.

What type of property is this?

The property 1542 SE 50th Ave Unit 3 is a condo located in Portland, Oregon, 97215.

Is this property for sale now?

Active Listing: 1542 SE 50th Ave Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1542 SE 50th Ave Unit 3 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1542 SE 50th Ave Unit 3 is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1542 SE 50th Ave Unit 3 is 2024.

Rocket Homes›Oregon›Multnomah County›Portland›97215›1542 SE 50th Ave Unit 3

This home is located at 1542 SE 50th Ave Unit 3 in Portland, OR and zip code 97215 in the Rose City Park neighborhood. This 800 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $309,995.

In October 2024, from all listings sold in Portland, OR there were more than 298 sold above asking price, over 339 sold below and more than 212 were sold right at the asked price. The inventory of homes for sale in Portland, OR between September 2024 and October 2024 increased by 4.2%. In October 2024 median list price was $541,309 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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