$320,000
SOLD JUN 7, 2012

3002 NW Montara Loop Unit 4 Portland, OR 97229

Northwest Heights Neighborhood
0.63 Acre
$507,937 Price per Acre
27,443 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

47% Below List Price

142 Days on Market

Highlights

  • View of Trees or Woods
  • 0.63 Acre Lot
  • 2-minute walk to Forest Heights City Park
  • Forest Park Elementary School Rated A-
  • No Heating

About This Lot

As of September 2019

Tremendous development opportunity in Forest Heights. Great location. Approved for 16 additional units, this project is partially completed and permit ready. Bring your developers. Plans and specs available for your review.

Last Agent to Sell the Property

Kathy MacNaughton

Windermere Realty Trust License #790900060 Listed on: 11/03/2011

Windermere Realty Trust

Last Buyer's Agent

Edward Petrossian

RE/MAX Equity Group License #891100084

RE/MAX Equity Group

Property Details

Property Type

  • Land

Lot Details

  • 0.63 Acre Lot
  • Steep Slope
  • Cleared Lot

HOA Fees

  • $48 per month

Property Views

  • Woods
  • Valley

Schools

  • Forest Park Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number R612240

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: No
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Cleared
  • Road Surface Type: Paved
  • View: TreesWoods,Valley

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, PhoneConnected, UndergroundUtilities
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association Fee: 288.0
  • Association Fee Frequency: SemiAnnually

Schools

  • Elementary School: Forest Park
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: R
  • Present Use: MultiFamily
  • Soil Condition: Native
  • Land Description: SteepSlope
  • Lot Size Acres: 0.63
  • Lot Size: 27,410 SqFt
  • Lot Size Sq Ft: 27442.0
  • Parcel #: R612240

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 22176.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Karamooz Elham
Bought by
Elham Karamooz Trust
Current Estimated Value
$462,000

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 5, 2019
Sold by
Reed Betsy
Bought by
Karamooz Elham
Seller's Agent
Cheryl Stiller
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Tanya Christensen
Coldwell Banker Bain
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$323,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Gelber Paul and Gelber Sheila
Bought by
Reed Betsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $380,000 Wfg Title
Warranty Deed $355,000 Lawyers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $323,000 New Conventional
Previous Owner $337,250 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $380,000 -3.8% $367 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $395,000 +23.4% $381 / Sq Ft
06/07/2012 06/07/12 Sold $320,000 -46.7% $309 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
11/02/2011 11/02/11 For Sale $600,000 -- $579 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,248 $311,290 $0 $311,290
2022 $7,195 $302,230 $0 $0
2021 $0 $0 $0 $0
2020 $7,271 $284,890 $0 $0
2019 $0 $0 $0 $0
2018 $6,798 $268,550 $0 $0
2017 $6,515 $260,730 $0 $0
2016 $5,962 $253,140 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11014655

Regional Multiple Listing Service (RMLS)

APN: R607534