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6833 North Montana Avenue

6833 North Montana Avenue, Portland, OR 97217
Multifamily in Arbor Lodge
Sold May 31, 2022
$1,550,000
$950,000 by Umpqua Bank
Mortgage Due Jun 01, 2052
Sold Feb 15, 2019
$200,000
$120,000 by Wadot Capital Inc
Mortgage Due Mar 01, 2020
6833 North Montana Avenue has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home comes with a single bedroom. In addition, 6833 North Montana Avenue has 3,627 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,630 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in May 16, 2022 for $1,550,000. That's $427.35 per sqft. Prior to that sales transaction, the property was also sold in Jan 17, 2019 for $200,000. 6833 North Montana Avenue was last assessed in 2023. The total value of the property was assessed at $456,560. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,098. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 1
  • Building Condition: Fair
  • Building Style: Multifamily
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,630
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 330
  • Total Building Area: 3,627
  • Gross Building Area: 3,627
  • Building Area: 3,627
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,627
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GOOD MORNING ADD
  • Land Acres: 0.083
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: GOOD MORNING ADD, BLOCK 8, LOT 12

Ownership

  • Current Owner : N MONTANA AVE LLC
  • Previous Owner : MODERN MONTANA LLC
  • Owner Before Previous Owner: SOCHA DOROTHY
  • Owner Before Previous Owner 2: SOCHA GEORGE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003802

Zoning

  • Zoning: RM3

Geography

  • Account Number: R332301380
  • Parcel: R171820
  • Block: 8
  • Lot: 12
  • Meridian: SEC 15 TWN 01N RNG 01E
  • Latitude: 45.5723
  • Longitude: -122.68

    Address

  • Full Address: 6833 N Montana Ave
  • Address - House Number: 6833
  • Street Direction: N
  • Address - Street Name: Montana
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C038
  • 4-Digit Zip Code: 5483
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,098
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 55
  • Final Value: 216,846
  • High Value: 265,284
  • Low Value: 168,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $950,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Loan Amount: $950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $1,515,800
  • Market Land Value: $290,400
  • Market Improvement Value: $1,225,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,560

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11888731919
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54828
  • Previous Sale Recording Date: Feb 15, 2019
  • Previous Sale Contract Date: Jan 17, 2019
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WADOT CAPITAL INC
  • Previous Mortgage Transaction Date: Feb 15, 2019
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2020

About North Portland



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Frequently Asked Questions

What neighborhood is 6833 North Montana Avenue located in?
The 6833 North Montana Avenue is a multifamily located in the neighborhood of Arbor Lodge in North Portland, Portland.
What is the average sales price for listings in 6833 North Montana Avenue?
The average sales price for units in 6833 North Montana Avenue is $0 currently.

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