NOT LISTED FOR SALE

10040 N Lombard St Unit 10048 Portland, OR 97203

Saint Johns Neighborhood
6 Beds
6 Baths
5,472 Sq Ft
10,019 Sq Ft Lot

Last Sold August 26, 2014

Last sale price $404,500 $74 Per Sq Ft

147 Days on Market

About This Home

As of August 2014

Assumable loan at 2.9% interest! Well maintained 5-plex blocks from downtown St. Johns & Pier Park. Spacious TH units w/dishwashers, disposals & W/D Hook-Ups. Plenty of off-street parking. Units pay $25/mo Utilities in addition to rent. Upside in rents. 9.0% COC Return/7.4 Cap at Market Rents. N PDX/St. Johns reports lowest vacancy in metro area (2.3%) per Multifamily NW. Rent/SF is $1.34, up from $1.08 in Fall 2013 report.

Last Agent to Sell the Property

Kathy Rogers

Township Properties License #200012037 Listed on: 01/21/2014

Co-Listed By

Marc Rogers

Township Properties License #910700060

Last Buyer's Agent

Nicole Gherman

Premiere Property Group, LLC License #940400082

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 10,019

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Vinyl Siding

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Parking

8

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 5472
  • Stories: 2
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: MCDOUGALLS SUB, BLOCK 1, INC PT VAC ST LOT 11 EXC PT

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Open, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Washer/Dryer Hookup

Schools

  • Elementary School: Sitton
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Lot Description: Level
  • Zoning: R1

Tax Info

  • Tax Amount: 7985.11
  • Assessor Parcel Number: R215044

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 8.07

MLS Schools

  • Elementary School: Sitton
  • High School: Roosevelt
  • Middle School: George

Range of Values:

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ICE

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $404,500 -1.2% $74 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $409,500 -- $75 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14495803

Regional Multiple Listing Service (RMLS)

APN: 1N1W01BC 08400