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3027 NW Montara Loop
Score
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Portland, OR

3027 NW Montara Loop

525K
3 bd • 4 ba • 2,968 sf

This analysis was generated on 2/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$525,000

Price/Sq.Ft

$177

Year Built

2000

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Elevator access between floors. • ADU/separate living quarters in the lower level. • Three-car garage. • Gourmet kitchen with granite countertops and stainless steel appliances. • Walk-in closets in the master and second bedrooms. • Soaking tub in the master bathroom. • Built-in features in the family room/loft. • ADU potential offers rental income opportunities • Located in desirable Forest Heights neighborhood with sought-after schools • Convenient access to shopping and restaurants • School Quality: Strong elementary school ratings likely add a premium to property values in Forest Heights. • Rental Potential: $35,280 estimated annual revenue (after renovations)

The Bad

• Mold/mildew remediation throughout the property (Estimated Cost: $25,000) • Repair/replace damaged drywall and repaint affected areas (Estimated Cost: $5,000) • Address peeling wallpaper/paint in the kitchen (Estimated Cost: $3,000) • Deck maintenance/repair (Estimated Cost: $2,000) • Improve energy efficiency (insulation, windows, HVAC) (Estimated Cost: $10,000) • Property requires cash or rehab loan, limiting potential buyers • Low Home Energy Score (2) indicates potential for higher utility costs and need for energy efficiency upgrades • Air Quality Risk is Extreme (9/10) with 12 bad air days per year • Safety Concern: Score 8/10 - Crime data not explicitly provided, but Forest Heights is generally considered a safe neighborhood.

The Ugly

• Extensive mold/mildew growth throughout the property, indicating potential water intrusion or ventilation issues. This is a major concern and requires professional remediation. • The listing specifies 'Cash or Rehab loans only,' suggesting significant underlying issues that may not be financeable through conventional mortgages. • Home Energy Score of 2 indicates poor energy efficiency, potentially leading to high utility bills. • The property has been on and off the market for several years with price fluctuations, which could indicate underlying issues or difficulty selling.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $35,280 with 90% occupancy rate Value Investors: Projected 23.8% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $45,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$137,006

Property History

Price History
Ownership Timeline
$0Cash Purchase
Jan 19, 2024
Lamya Al ShaibahAdeela Unger, Estate Of Nafisa Hasan
Warranty Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jul 16, 2019
Checkers Holdings LimirtedLamya Al Shaibah
Bargain And Sale Deed
Non-Arm's Length Transactions
$0Cash Purchase
Apr 22, 2010
Mahmud Ul HasanCheckers Holdings Limited
Bargain And Sale Deed
Non-Arm's Length Transactions
$0Cash Purchase
May 9, 2008
Mohammad MahmudMahmud Ul Hasan
Quit Claim Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 29, 2008
Mohamad Ul HasanMohamad Mahmud
Quit Claim Deed
Non-Arm's Length Transactions
$380,000Cash Purchase
Oct 10, 2003
Wendy S CitronHasan Mahmud
Warranty Deed
Standard Sale (Purchase/Resales)
$409,756Financed
Sep 2, 1999
Lanoue Development LlcWendy S Citron
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$12,463
2024 Tax Assessment
13.2%from previous year
Assessed Value$507,470
Tax Rate2.46%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Nearby school quality by education level

Middle

6.0/10
Good

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (3 bed)

$1,710

Get a detailed estimate on Zillow
HOA Fee

$695

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$525,000
Price/sqft
$177
Layout
3 bd4 ba
Days on market
1 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$915,839

42.7%

Your price is 42.7% below average

Median Price

$897,200

41.5%

Based on 6 recent sales

Price per Sq.Ft

$308

42.6%

Your price is 42.6% below average $/sqft

Comparable Properties

1853 NW MILLCREST PL, Portland, OR 97229
Price: $825,000
Sq.Ft: 3,064
Beds/Baths: 4/4
$/Sq.Ft:
$26952.2%
Sale Date: 10/25/2024
2887 NW GRACE TER, Portland, OR 97229
Price: $835,000
Sq.Ft: 2,966
Beds/Baths: 4/3
$/Sq.Ft:
$28259.2%
Sale Date: 10/16/2024
11055 NW RIDGE RD, Portland, OR 97229
Price: $1,115,000
Sq.Ft: 2,894
Beds/Baths: 4/3
$/Sq.Ft:
$385117.8%
Sale Date: 10/3/2024
4052 NW TWILIGHT TER, Portland, OR 97229
Price: $897,200
Sq.Ft: 3,004
Beds/Baths: 3/3
$/Sq.Ft:
$29968.8%
Sale Date: 9/6/2024
3335 NW SPENCER ST, Portland, OR 97229
Price: $827,836
Sq.Ft: 2,747
Beds/Baths: 4/3
$/Sq.Ft:
$30170.4%
Sale Date: 9/19/2024
2455 NW BIRKENDENE ST, Portland, OR 97229
Price: $995,000
Sq.Ft: 3,217
Beds/Baths: 4/3
$/Sq.Ft:
$30974.9%
Sale Date: 9/12/2024

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