


Most times of the day, downtown Portland is just seven minutes away. Zip to the Rose Garden for the Blazers. Pop downtown for a play, concert, shopping or night on the town. If you're a commuter, you might want to consider the Expo Center MAX Light Rail stop on N. Marine Drive, just south of the I-5 bridge.
You'll also find easy access to the airport and the freeways leading to Mt. Hood, ocean beaches, the Gorge and the all season outdoor recreation of the Bend/Redmond area.
This may come as a surprise to many of you, but your purchasing power is greater in Portland! Following is an example based on an $869,000 purchase price.
| Portland, Oregon |
Vancouver, Washington |
|
| Purchase Price: | $869,000 | $869,000 |
| Sales Tax (new home) | none | 8.1% = $ 70.389 |
| Total: | $869,000 | $939,389 |
| Property Tax | $10,688 | $10,471 |
| Calc.: $869,000 X .6150 (2006 change prop ratio=$534,435 $20 per $1k of assessed value=$10,688 | Calc.: $869,000 X .012049 per $1k of assessed value=$10,471 | |
| Now, a few years later, when it's time to sell Washington State would like a share of your profit. |
||
| Selling price $1,000,000 | Selling price $1,000,000 | |
| Real Estate Excise Tax Percentage of sold home price due upon closing |
$0 due at closing | 1.78% = $17,800 due at closing |


