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How's your housing market these days?
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this post was submitted on 20 Jan 2024
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I found the listing on Zillow with reverse image searching. It is a lot with two or three cabins from the mid 1930s in a wooded area right next to a 6-lane highway. Photos of the interior look meh especially for the price and the outside certainly needs love.
Anyway, here is the link: https://www.zillow.com/homedetails/69947-E-Highway-26-4-Rhododendron-OR-97049/2060515883_zpid/?
Ah, Oregon. I saw a listing to rent a 'studio apartment' with no bath or kitchen so it was literally just a bedroom for $1200 a month a couple years ago. Not even in Portland, Springfield, or Salem, but a town with a population of 10k.
Good find!
The worst part of this is the HOA. Although I have to assume they are pretty hands-off if the cabin is in this state. Having someone look over your shoulder while you fix up your shack sounds terrible.
Knowing the HOA they just need the property to sell so they can start harassing the new owners to fix it.
A lot of older properties get grandfathered out of HOA requirements
Also $83/mo HOA, oof.
Thanks for looking it up!
That fee looks like it's mainly covering water/sewage which isn't the worst for a shared septic system.
That's not terrible for HOA/condo fees. I used to live somewhere that charged $350/month for condo fees and basically didn't do anything with it. There wasn't even a dumpster for residents to use, so most people's houses ended up filled with trash.