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12515 NW Mountain View Rd
Score
0
Portland, OR

12515 NW Mountain View Rd

678K
3 bd • 2 ba • 2,551 sf

This analysis was generated on 2/8/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$678,300

Price/Sq.Ft

$266

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Competitive price per square foot: At $265.90 per square foot, the property offers a relatively affordable entry point compared to some other Portland homes. This may appeal to budget-conscious buyers or those looking for investment opportunities. • Three bedrooms and two bathrooms: The property's layout with three bedrooms and two bathrooms provides ample space for families or those who desire extra rooms for guests, home offices, or hobbies. • Proximity to Portland amenities: Located in Portland, the property benefits from access to the city's diverse cultural attractions, dining options, recreational activities, and employment opportunities. • Potential for rental income: With median rental rates of $2,590 for three-bedroom units in Portland, the property presents an opportunity for generating rental income, either through long-term rentals or short-term vacation rentals. • Established neighborhood: Situated on NW Mountain View Rd, the property is likely located within an established neighborhood with existing infrastructure, services, and community connections.

The Bad

• Unknown build year: The missing information about the year the house was built is a significant drawback. It makes assessing the property's condition, potential maintenance needs, and compliance with current building codes difficult. Older homes often require costly repairs or upgrades. • Lack of property details: The absence of a property description, room details, and utility information is concerning. Potential buyers have limited insight into the home's layout, features, and functionality. This lack of transparency can deter serious offers. • High price per square foot: At $265.90 per square foot, the property is priced above the Portland average. Without knowing the property's condition and features, it's hard to justify the premium. Overpaying for the property could lead to financial losses in the future. • Limited information on utilities and systems: The absence of utility information raises questions about the property's energy efficiency and operating costs. Outdated systems may result in higher utility bills and the need for costly replacements. • Potential for environmental hazards: Portland's potential for radon, seismic activity, and air quality issues pose risks to homeowners. Testing for radon and obtaining earthquake insurance are recommended, adding to the overall cost of ownership.

The Ugly

• Potential for hidden issues: The unknown build year and lack of property details raise concerns about potential hidden issues such as structural problems, outdated systems, or environmental hazards. Addressing these issues could result in significant repair costs. • High competition and bidding wars: Portland's competitive housing market may lead to bidding wars and overpaying for the property. Buyers should be prepared to make quick decisions and potentially offer above the asking price. • Market volatility: Portland's housing market is subject to fluctuations, and property values may decline due to economic factors or changing market conditions. Buyers should be aware of the potential for financial losses. • Environmental risks: Portland's potential for seismic activity poses a significant risk to homeowners. Earthquake insurance and seismic upgrades are recommended, adding to the overall cost of ownership. • Radon and air quality concerns: Radon is a naturally occurring radioactive gas that can be a health concern. Wildfires in the surrounding areas can significantly impact air quality during the summer and fall months. Consider air filtration systems if you have respiratory sensitivities.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers who value privacy and a secluded setting: The property's location on Mountain View Road offers a sense of seclusion while still being accessible to Portland's amenities. • Individuals seeking a home with potential for customization or renovation: Given the unknown build year and lack of detailed property information, this home presents a blank canvas for those looking to personalize their living space. • Those interested in leveraging Portland's rental market: With a median income of $99,844 and 3-bedroom rental rates at $2,590, the property could appeal to those looking to rent out rooms or the entire home. • Buyers looking for a property with ample parking and outdoor space: The driveway and potential outdoor areas (not detailed but visible in photos) offer practical benefits for car owners and those who enjoy outdoor activities. • Individuals who appreciate the unique character of Portland's housing market: The mix of architectural styles and neighborhood vibes in Portland makes this property suitable for those open to exploring and embracing the city's distinctive charm.

Not For

• Buyers seeking a modern, move-in-ready home: The unknown build year and lack of property details suggest that this home may require significant updates or renovations. • Individuals with limited budgets: The listing price of $678,300, combined with potential renovation costs and ongoing maintenance, may make this property unaffordable for some buyers. • Those prioritizing walkability and proximity to amenities: Without specific location details, it's difficult to assess the property's walkability and access to amenities. Buyers who value these factors may want to consider other options. • Buyers sensitive to environmental factors: Given Portland's potential for radon, seismic activity, and air quality issues, this property may not be suitable for those with health concerns or environmental sensitivities. • Individuals who prefer well-defined property information: The limited details provided about the property's features, rooms, and utilities may deter buyers who prefer transparency and comprehensive information.
Demographics
Area Median Income

$99,844

Property History

Price History
Ownership Timeline
$479,900Cash Purchase
Jan 30, 2019
Davison Norman GJoel E Campeau, Jennifer L Castillo
Grant Deed
Transfer
$189,500Financed
Aug 4, 1995
Robert P Irwin EstateNorman G Davison, Darleen M Davison
Grant Deed
Transfer

Sunlight Analysis

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Sunlight Analysis

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Financials

Monthly Costs
Market Rent (3 bed)

$1,510

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