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About This Property

Very Rare 5 BRM home on quiet Gresham Cul-de-sac. Amazing value near Parks, schools, shopping. Quality updates with Central A/C, Kitchen with stainless appliances, Vinyl windows, Fenced yard with covered patio. Owned solar panels. Shed and RV parking.

Buyers with ITIN numbers are allowed, please see the list of lenders for more details or contact us with your questions.

Listed by Undra Adams, real estate broker licensed in OR with listing office Proud Ground.

More Information:
For more information about this property, contact Undra Adams, licensed broker in Oregon, at 503-493-0293 x106 or undra@proudground.org

Attend a Q & A session to learn more - Register here - English Session or Spanish

Application Deadline - 5pm on Thur. October 23rd

Open House! Oct 12th Sunday from 11am to 1pm

Property Details

Address:
2496 NE FLEMING TER, Gresham 97030

Year Built: 1977

Est. Sq. Ft.: 1,922

Estimated Monthly Payment: $1,559/mo*

Estimated monthly HOA/Condo fees: $0

Estimated Appraised Value: $525,000

Estimated Monthly Property Taxes: $252

Proud Ground Monthly Fee: $50 (increasing to $51.50 in January 2026)

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?: No

Land Lease or Covenant? Land Lease

*Payment amount assumes 5.625% interest on a 30-year, fixed-rate FirstHome loan of $208,000 with a $500 down payment and payment includes property taxes, insurance, service fee & HOA fees, if applicable.

To comfortably afford this home, we recommend an annual household income of at least $49,000. If your income is under this amount it might be difficult to qualify for the home loan.

You must be an income-qualified homebuyer. 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.


Income Qualification

To qualify for this home, your total household income must be at or below a specific amount, based on household size. Proud Ground calculates your income by reviewing recent pay information and accounting for any expected raises or additional income that might occur during the first year you own your home. Household income includes gross annual income (before taxes), commissions, overtime, bonuses, child support, alimony, pensions, benefits, and income from anyone 18 or older living in the home, even if they’re not on the loan. Once you have purchased your home, no additional income certification is required. This is a strict guideline and no exceptions to maximum income limits can be made.

Please review the table to see if you qualify.

Household Size Maximum Household Income
1 $69,550
2 $79,450
3 $89,400
4 $99,300
5 $107,250
6 $115,200
7 $123,150
8 $131,100

Application Deadline - 5pm on Thur. October 23rd


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