NOT LISTED FOR SALE

6123 N Lombard St Unit 6129 Portland, OR 97203

Portsmouth Neighborhood

Estimated Value: $709,205 - $989,000

8 Beds
6 Baths
3,912 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $412,000 $105 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,062/month

1 Day on Market

Highlights

  • Fireplace
  • Property is near a bus stop
  • Level Lot

About This Home

As of August 2015

This property consists of a 2 story 4-plex and a 4 bedroom 1 1/2 bath house off street parking in the rear

Last Agent to Sell the Property

Diane McGann

Tindell & Co License #871100040 Listed on: 03/10/2015

Last Buyer's Agent

Richard Wisher

Windermere Peninsula Realty Group License #200105060

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,515

Year Built

  • Built in 1944

Lot Details

  • 9,801

Parking

  • Open Parking

Home Design

  • Shake Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Basement Storage

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Property is near a bus stop
  • Gas Water Heater

Community Details

  • 5 Units
  • Property managed by Dick Riggs

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,515

Year Built

Built in 1944

Lot Details

0

Parking

5

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3912
  • Stories: 2
  • Year Built: 1944
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement
  • Legal Description: WILLUMBIA, BLOCK 5, E 0.5' OF LOT 6, LOT 7-10
  • Storage: Basement

Exterior Features

  • Exterior Description: Cedar, Shake Siding
  • Lot Size: 10 to 19.99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security Or Entry: Entry
  • Utilities Included: Electricity

Condo/Co-op/Association

  • Management Name: Dick Riggs
  • Management Phone: 503-707-9690
  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: James John
  • Middle School: Astor
  • High School: Roosevelt

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R5

Tax Info

  • Tax Amount: 4347.77
  • Assessor Parcel Number: R309272

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 11.48

MLS Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle School: Astor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2017
Sold by
6123 N Lombard Llc
Bought by
North Lombard Land Partners Llc
Current Estimated Value
$849,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2015
Closed on
Aug 20, 2015
Sold by
Columbia Properties 1 Llc
Bought by
6123 N Lombard Llc
Seller's Agent
Diane McGann
Tindell & Co
Buyer's Agent
Richard Wisher
Windermere Peninsula Realty Group
List Price
$436,000
Sold Price
$412,000
Premium/Discount to List
-$24,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$332,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2007
Sold by
Riggs Earl H and Riggs Geraldine M
Bought by
Columbia Properties 1 Llc
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
North Lombard Land Partners Llc -- Wfg Title
6123 N Lombard Llc $412,000 Wfg Title
Columbia Properties 1 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed North Lombard Land Partners Llc $600,000
Previous Owner 6123 N Lombard Llc $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $412,000 -5.5% $105 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $436,000 -- $111 / 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 $6,515 $243,520 $243,520 --
2023 $6,515 $236,430 $236,430 $0
2022 $6,130 $229,550 $0 $0
2021 $6,026 $222,870 $0 $0
2020 $5,528 $216,380 $0 $0
2019 $5,325 $210,080 $0 $0
2018 $5,168 $203,970 $0 $0
2017 $4,953 $198,030 $0 $0
2016 $4,533 $192,270 $0 $0
2015 $4,414 $186,670 $0 $0
2014 $4,348 $181,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15030677

Regional Multiple Listing Service (RMLS)

APN: R309272