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6849 North Michigan Avenue

6849 North Michigan Avenue, Portland, OR 97217
House in Piedmont
Sold Mar 19, 2020
$425,000
$361,250 by Homebridge Financial Services
Mortgage Due Apr 01, 2050
Sold Nov 21, 2016
$400,000
Buyer
Seller
$320,000 by Landmark Professional Mortgage
Mortgage Due Dec 01, 2046
6849 North Michigan Avenue in Portland, OR was first built in 1924 and is 100 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6849 North Michigan Avenue has 856 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 940. In total, the area measurement of the land is 4,230 square feet.

Learn more about the property and building on this page. The home has a bowstring truss style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 378 sqft. There is one available parking space. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6849 North Michigan Avenue was last sold in Mar 18, 2020 for $425,000. According to our calculations, that's $340.54 per sqft. Prior to that sales transaction, the property was sold for $400,000 in Nov 17, 2016. Current property owners are expected to pay $3,239 in taxes per year. The property on 6849 North Michigan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $122,230. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 392
  • Garage Type: Detached
  • Garage Square Area: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,230
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 856
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARKWAY
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKWAY, BLOCK 2, LOT 7

Ownership

  • Current Owner : ZETTLE JORDAN H
  • Current Owner 2: YOUNG CARISSA R
  • Previous Owner : MCKAY ELLE
  • Owner Before Previous Owner: MIHOK BRUCE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Account Number: R649400200
  • Parcel: R236541
  • Block: 2
  • Lot: 7
  • Meridian: SEC 15 TWN 01N RNG 01E
  • Latitude: 45.5725
  • Longitude: -122.677

    Address

  • Full Address: 6849 N Michigan Ave
  • Address - House Number: 6849
  • Street Direction: N
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C034
  • 4-Digit Zip Code: 1635
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,239
  • Tax Rate Code Area: 710

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 527,079
  • High Value: 615,878
  • Low Value: 438,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,250
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Mar 19, 2020
  • First Open Lien Mortgage Loan Amount: $361,250
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $511,820
  • Market Land Value: $287,500
  • Market Improvement Value: $224,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,230

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 19, 2020
  • Current Sale Transaction ID: 11750814904
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-033585
  • Previous Sale Recording Date: Nov 21, 2016
  • Previous Sale Contract Date: Nov 17, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 19, 2020
  • First Mortgage Loan Amount: $361,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LANDMARK PROFESSIONAL MORTGAGE
  • Previous Mortgage Transaction Date: Nov 21, 2016
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Northeast Coalition of Neighborhoods



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,050 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,201 ft²
Listing by Lexi Cai

Frequently Asked Questions

What neighborhood is 6849 North Michigan Avenue located in?
The 6849 North Michigan Avenue is a house located in the neighborhood of Piedmont in Northeast Coalition of Neighborhoods, Portland.
What is the average sales price for listings in 6849 North Michigan Avenue?
The average sales price for units in 6849 North Michigan Avenue is $0 currently.

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