8120 N Interstate #204
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About This Property
Move in ready 3 bedroom, 1.5 bath condo in desirable Kenton Commons! This light filled home features 940 SF of open living space with durable laminate flooring throughout, a functional kitchen, spacious living and dining areas, in unit laundry, radiant heat, private balcony, and assigned off-street parking. Enjoy low maintenance living with easy access to Kenton Park, shops, restaurants, and MAX Light Rail. A fantastic opportunity to own in one of North Portland's most vibrant neighborhoods!
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 - 12pm on Wed. July. 22th
See the Steps to Get Started.
Open House! Sat, July 11th, 9am-11am
Property Details
Address:
8120 N Interstate #204, Portland 97217
Year Built: 2021
Est. Sq. Ft.: 940
Estimated Monthly Payment: $1,814/mo*
Estimated monthly HOA/Condo fees: $451
Estimated Appraised Value: $350,000
Estimated Monthly Property Taxes: $52/month with Tax Exemption
Proud Ground Monthly Fee: $51.50
Estimated Recording Fees: $800
Max. front end/housing ratio: 00%
Max. back-end ratio: 00%
Asset Limit Post Closing: $000
Minimum home buyer contribution to purchase: $500
1st time homebuyer required?: Yes / No
Land Lease or Covenant? Covenant
*Payment amount assumes 5.75% interest on a 30-year, fixed-rate FirstHome loan of $228,850 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 | $71,900 |
| 2 | $82,150 |
| 3 | $92,400 |
| 4 | $102,650 |
| 5 | $110,900 |
| 6 | $119,100 |
| 7 | $127,300 |
| 8 | $135,500 |
Application Deadline - 12:00 pm on Wednesday July 22th
See the Steps to Get Started.
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