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Proud Ground home: 7545 N Olin Ave, Unit 201
7545 N Olin Ave, Unit 201, Portland, OR 97203
Home for saleLottery
A 3-bedroom land trust home in Portland; household income must be at or below the limit for your household size.
Cost
| Size | Price |
|---|---|
| 3 bedrooms | $227,500 |
Other costs
Registration fee: $100, non-refundable, paid before the eligibility review.HOA or condo fee: about $345 per month.Proud Ground monthly fee: $51.50.Estimated recording fees: $800.Minimum buyer contribution: $500.
Who can apply
Open to
Any household earning under the limits below.
Other rules from the listing
- Household income at or below the maximum for your household size.
- Must complete orientation and homebuyer education.
- Must get lender pre-approval.
Income limits
The most your whole household can earn in a year, before taxes.
| Household | Maximum income |
|---|---|
| 1 person | $89,800 |
| 2 people | $102,650 |
| 3 people | $115,450 |
| 4 people | $128,300 |
| 5 people | $138,550 |
| 6 people | $148,800 |
| 7 people | $159,050 |
| 8 people | $169,350 |
How to apply
Ways to apply
What happens next
- 1Attend an orientation and take homebuyer education.
- 2Get lender pre-approval.
- 3Request to purchase.
Contact
Contact person
Cynthia Riley
Details
Run by
Proud Ground (community land trust)
Good to know
Land trust home; resale is restricted; $51 a month land trust fee.Estimated value $390,000; FirstHome loan $230,400, with $500 minimum from the buyer.
Source
Listing on proudground.org ↗Confirm the details with the building or office before you apply.
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