The gated community of Hayden Island West is very dog friendly with two designated green spots with bags provided plus an extensive off leash area. see the floating homes for sale at 2630 N. Hayden Island Drive 97217... more
Yes you own the house and slip. On Hayden Island you also get a 2 car garage! This is pretty rare for a floating home community. I'll give you an example for fees: MLS 13260365 has fees of $305 a month currently that covers most of the utilities and all of the dock fees. It also has property taxes to the tune of $2,264 a year.... more
Peggy is right the HOA is $651 a month. Don't get confused with value when you see the price of this property and you see the average price of homes in this area are 4 times higher because you are comparing manufactured homes to free standing homes or condos so the values will always be higher. You can expect your HOA to go up 6-10% each year. Good luck. Tom Inglesby, Broker RE/MAx Equity Group... more
What makes you think they have no clue on condition? It's a bank owned foreclosure and they are selling "AS IS." If it's priced to sell, with the conditions known and unknown it might be a great investment opporunity for some savvy, lucky buyer.
The inspector quoted prices on repairs?!? There's a few inspectors floating around Portland who are notorious for doing this and . . . killing deals. I've had the same deal killer inspector on two bank owned properties who not only quoted outlandish prices for repairs, but just coincidentally had a list of his buddies that could do the work. He handed the names and contacts of his buddies to my clients. I found it borderline, if not entirely, unethical. Let me guess, while Mr. Home Inspector was quoting prices out of one side of his face, he was probably telling you all about the guy he knows out of the other and giving you their contact numbers.
The best inspectors offer unbiased reporting on the condition of the property and they aren't out trying to sub-contract work for their buddies, IMHO.
The property is currently priced at 1999 level pricing. When I represent my clients and if a property has over $100,000 in repairs (and I'm taking the home inspector's "quote" with a grain of salt) . . . I notice the stuff that's wrong. How could I not?? I'm not blind. My buyers aren't blind either. $100,000 in repairs is a lot to NOT notice. So my clients and I have the dicussion PRIOR to writing up an offer on an AS IS property. If they don't have the funds or wherewithal to do the fxing, then we pass. End of story.... more
Hayden Island condos have been free-falling in price for a while now, mostly due to the terrible traffic around I-5, the condo depreciation in the greater Portland Metro, and the proposed I-5 project that directly effects the area but has been dragging on for years without resolution. It is a good time to buy in the area, once all those issues get resolved there could be a great appreciation! Very difficult to sell there right now.... more
FloatingHomesPortland.com I see you got the answers here - but I recommend you deal with an actual floating home agent, there are a lot of unusual issues with these properties - need a specialist.... more