NOT LISTED FOR SALE

10030 N Lombard St Unit 10038 Portland, OR 97203

Saint Johns Neighborhood

Estimated Value: $625,000 - $1,239,000

10 Beds
8 Baths
3,900 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $528,000 $135 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,936/month

47 Days on Market

About This Home

As of July 2016

Amazing investment opportunity in hot St John's neighborhood. Four LARGE units with off street parking. Rents WELL below market. Room for improvement to property and rental income. Solid, long term tenants. Close to public transportation and the shops and cafes in downtown of St Johns. Please do not disturb tenants.

Last Agent to Sell the Property

Craig Olson

Urban Pacific Real Estate License #200201244 Listed on: 03/23/2016

Last Buyer's Agent

Camille Mayeux

Living Room Realty License #201208006

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,643

Year Built

  • Built in 1997

Lot Details

  • 6,447

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Additional Features

  • Range
  • Property is near a bus stop
  • Electric Water Heater

Community Details

Overview

  • 4 Units
  • Property managed by Alpine Management

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,643

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3900
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: MCDOUGALLS SUB, BLOCK 1, LOT 10 EXC PT IN ST

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Alpine Management
  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Sitton
  • High School: Roosevelt

Lot Info

  • Lot Description: On Busline, Commons
  • Zoning: R1

Tax Info

  • Tax Amount: 9637.45
  • Assessor Parcel Number: R215043

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.10

MLS Schools

  • Elementary School: Sitton
  • High School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jul 1, 2016
Sold by
Cruse Jason L
Bought by
Malzahn Ryan
Seller's Agent
Craig Olson
Urban Pacific Real Estate
Buyer's Agent
Camille Mayeux
Living Room Realty
List Price
$499,000
Sold Price
$528,000
Premium/Discount to List
$29,000
5.81%
Current Estimated Value
$913,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,128
Avg. Annual Appreciation
5.52%
Original Mortgage
$483,516
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 27, 2012
Closed on
May 30, 2013
Sold by
Hutchins Bruce A
Bought by
Cruse Jason L
Seller's Agent
Tom Davies
Reiman-Davies Company, LLC
Buyer's Agent
Jennifer Welch
Summa Real Estate Group
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$251,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Reed William C
Bought by
Hutchins Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Malzahn Ryan $528,000 Wfg Title
Cruse Jason L $335,000 Fidelity Natl Title Co Of Or
Hutchins Bruce A $365,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malzahn Ryan $525,000
Closed Malzahn Ryan $483,516
Previous Owner Cruse Jason L $251,250
Previous Owner Hutchins Bruce A $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $528,000 +5.8% $135 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $499,000 +49.0% $128 / Sq Ft
06/07/2013 06/07/13 Sold $335,000 -1.5% $86 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
09/27/2012 09/27/12 For Sale $340,000 -- $87 / 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
2024 $11,643 $532,180 -- --
2023 $12,503 $516,680 $0 $0
2022 $13,008 $501,640 $0 $0
2021 $13,168 $487,030 $0 $0
2020 $12,080 $472,850 $0 $0
2019 $11,636 $459,080 $0 $0
2018 $11,293 $445,710 $0 $0
2017 $10,824 $432,730 $0 $0
2016 $9,906 $420,130 $0 $0
2015 $9,637 $407,900 $0 $0
2014 $8,091 $396,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Olson

    Seller's Agent in 2016

    Craig Olson

    Urban Pacific Real Estate

    (971) 533-8773

    1 in this area

    135 Total Sales

    Craig Olson
    Section Image

  • C

    Buyer's Agent in 2016

    Camille Mayeux

    Living Room Realty

  • T

    Seller's Agent in 2013

    Tom Davies

    Reiman-Davies Company, LLC

    Section Image

  • J

    Buyer's Agent in 2013

    Jennifer Welch

    Summa Real Estate Group

    (503) 522-2233

    5 Total Sales

    Jennifer Welch
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16652244

Regional Multiple Listing Service (RMLS)

APN: R215043

Oregon Multnomah County Portland 97203 Saint Johns

10030 N Lombard St Unit 10038, Portland, OR

This home is located at 10030 N Lombard St Unit 10038, Portland, OR 97203 since 23 March 2016 and is currently estimated at $913,128, approximately $234 per square foot. This property was built in 1997. 10030 N Lombard St Unit 10038 is a home located in Multnomah County with nearby schools including Sitton Elementary School, George Middle School, and Roosevelt High School.

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