12132 SE Pardee St.
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About This Property
Detached condo with 3 bedrooms and 2 baths featuring an open concept main floor ideal for entertaining. Basement includes built in cabinets with granite countertop, heated tile flooring and radon mitigation system. Earth Advantage Platinum certified with maple wood floors, high performance insulation, and energy efficient heat pumps. Kitchen appliances include dishwasher, refrigerator, range, and microwave. Located in SE Portland’s Pardee Commons near the Green MAX line, Powell Butte Nature Park, Springwater Corridor, Leach Botanical Garden, and Zenger Farm.
Listed by Undra Adams, real estate broker licensed in OR/WA 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
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Application Deadline - 12pm on Wed. Feb. 25th
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Open House! Sat. FEB, 14th from 12-2pm
Property Details
Address:
12132 SE Pardee ST. Portland, OR 97266
Year Built: 2009
Est. Sq. Ft.: 1,274
Estimated Monthly Payment: $1,935/mo*
Estimated monthly HOA/Condo fees: $382
Estimated Appraised Value: $330,000
Estimated Monthly Property Taxes: $176
Proud Ground Monthly Fee: $51.50
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?: No
Land Lease or Covenant? Covenant
*Payment amount assumes 5.875% interest on a 30-year, fixed-rate FirstHome loan of $213,999 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 $61,000. 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.
Priority will be given to households under 60% of the area median income based on the date of original application with Proud Ground.
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 Gross 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 |