NOT LISTED FOR SALE

2405 N Lombard St Portland, OR 97217

Kenton Neighborhood

Estimated Value: $426,995 - $916,000

2 Beds
2 Baths
1,332 Sq Ft
$444/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $226,000 $170 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $3,597/month

44 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 3-minute walk to Gammans Park

About This Home

As of July 2015

Zoned R1 duplex. Two units with one bedroom and one bath each. Top unit has two extra bonus rooms, non-conforming. Seller to do no repairs, call listing agents to set up viewing. Need 24 hour notice.

Last Listed By

Rosemary Chitala

Farrell Realty & Property Management, Inc License #200306029 Listed on: 04/22/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 1922

Lot Details

  • 5,009

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,415

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1332
  • Stories: 2
  • Year Built: 1922
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Finished
  • Legal Description: MURLARK ADD, BLOCK 8, LOT 15

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Radiant

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Chief Joseph
  • Middle School: Ockley Green
  • High School: Jefferson

Lot Info

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

Tax Info

  • Tax Amount: 2370.90
  • Assessor Parcel Number: R224239

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.86

MLS Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson
  • Middle School: Ockley Green

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jul 14, 2015
Sold by
Bibiano Santiago
Bought by
Burns Lynnae and Patterson George
Seller's Agent
Rosemary Chitala
Farrell Realty & Property Management, Inc
Buyer's Agent
George Patterson
Dwell Realty
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Total Days on Market
44
Current Estimated Value
$591,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,749
Avg. Annual Appreciation
10.23%
Original Mortgage
$169,500
Outstanding Balance
$133,956
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$457,793

Purchase Details

Closed on
Oct 25, 2006
Sold by
Catlett R Roland
Bought by
Bibiano Santiago and Velazquez Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Hoffert Patrick S
Bought by
Catlett R Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,710
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1996
Sold by
Johnston Ruth L
Bought by
Hoffert Patrick S and Gonrowski Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Burns Lynnae $226,000 First American
Bibiano Santiago $194,000 Chicago Title Insurance Co
Catlett R Roland $107,143 Lawyers Title Ins
Hoffert Patrick S $56,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Lynnae $169,500
Previous Owner Bibiano Santiago $152,000
Previous Owner Catlett R Roland $85,710
Previous Owner Hoffert Patrick S $56,000
Closed Catlett R Roland $21,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $226,000 -3.8% $170 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $235,000 -- $176 / 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
2023 $3,415 $128,890 $0 $0
2022 $3,342 $125,140 $0 $0
2021 $3,285 $121,500 $0 $0
2020 $3,014 $117,970 $0 $0
2019 $2,903 $114,540 $0 $0
2018 $2,818 $111,210 $0 $0
2017 $2,701 $107,980 $0 $0
2016 $2,472 $104,840 $0 $0
2015 $2,407 $101,790 $0 $0
2014 -- $98,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Chitala

    Seller's Agent in 2015

    Rosemary Chitala

    Farrell Realty & Property Management, Inc

    (503) 319-1829

    16 Total Sales

    Rosemary Chitala
    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Exxon Suarez

    Keller Williams PDX Central

  • George Patterson

    Buyer's Agent in 2015

    George Patterson

    Dwell Realty

    (503) 901-0000

    4 in this area

    70 Total Sales

    George Patterson
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15004056

Regional Multiple Listing Service (RMLS)

APN: R224239

Oregon Multnomah County Portland 97217 Kenton

2405 N Lombard St, Portland, OR

Homes for Sale in Portland, OR

This home is located at 2405 N Lombard St, Portland, OR 97217 since 22 April 2015 and is currently estimated at $591,749, approximately $444 per square foot. This property was built in 1922. 2405 N Lombard St is a home located in Multnomah County with nearby schools including Peninsula Elementary School, Ockley Green, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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