NOT LISTED FOR SALE

815 N Lombard St Portland, OR 97217

Piedmont Neighborhood

Estimated Value: $1,072,076

3 Beds
3 Baths
5,830 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $850,000 $146 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,671/month

120 Days on Market

Highlights

  • Views
  • Level Lot
  • 5-minute walk to Farragut Park

About This Home

As of January 2016

This is a mixed use building with 4 apartments upstairs and 3 commercial units downstairs. Commercial unit number 2 has a full type I hood and is operating as a restaurant. Unit 3 is a small grocery store. A buyer could purchase the building and take over the restaurant. Equipment in restaurant may be purchased. Siding is being replaced and painted

Last Agent to Sell the Property

Jim Gillespie

Keller Williams PDX Central License #900800253 Listed on: 08/05/2015

Keller Williams PDX Central

Last Buyer's Agent

Sharon Wenger

MORE Realty License #200702080

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,617

Year Built

  • Built in 1914

Lot Details

  • 6,795

Parking

  • Paved Parking

Home Design

  • Block Foundation
  • Plywood Siding Panel T1-11

Additional Features

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

Community Details

  • 7 Units

Listing and Financial Details

  • Rent includes trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,617

Year Built

Built in 1914

Lot Details

0

Parking

5

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5830
  • Stories: 2
  • Year Built: 1914
  • Property Condition: Approximately
  • Remarks Public: This is a mixed use building with 4 apartments upstairs and 3 commercial units downstairs. Commercial unit number 2 has a full type I hood and is operating as a restaurant. Unit 3 is a small grocery store. A buyer could purchase the building and take over the restaurant. Equipment in restaurant may be purchased. Siding is being replaced and painted
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FAIRPORT, BLOCK 23, LOT 13&14 Map 2229
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Flat
  • View: Territorial
  • Foundation Details: Block
  • View: Yes

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Sidewalk

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: Com
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer

Tax Info

  • Tax Amount: 6302.26
  • Assessor Parcel Number: R160137

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 10.49

MLS Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2016
Sold by
J Patinos Llc
Bought by
S & S Nw Investments Llc
Current Estimated Value
$1,072,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2007
Sold by
Patino Amy
Bought by
J Patinos Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2007
Sold by
J Patinos Llc
Bought by
Patino Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2002
Sold by
Closing Time Llc
Bought by
J Patino Llc

Purchase Details

Closed on
Sep 19, 2002
Sold by
Timothy Joseph A
Bought by
Closing Time Llc

Purchase Details

Closed on
Oct 7, 1999
Sold by
Dietz Vernon
Bought by
Timothy Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1999
Sold by
Dietz Vern
Bought by
Timothy Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
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
S & S Nw Investments Llc $850,000 Fidelity Natl Title Of Or
J Patinos Llc -- Chicago Title Co
Patino Amy -- Chicago Title
J Patino Llc $122,500 Ticor Title
Closing Time Llc $240,000 --
Timothy Joseph A -- Fidelity National Title Co
Dietz Vernon L -- Fidelity National Title Co
Timothy Joseph $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & S Nw Investments Llc $828,000
Closed S & S Nw Investments Llc $1,000,000
Closed S & S Nw Investments Llc $409,500
Closed Gordon Scott S $328,000
Closed Gordon Scott S $325,000
Closed S & S Nw Investments Llc $637,500
Previous Owner J Patinos Llc $460,000
Previous Owner Timothy Joseph A $160,000
Previous Owner Timothy Joseph $145,000
Closed Timothy Joseph --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $850,000 0.0% $146 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $850,000 -- $146 / 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 $9,617 $348,980 $0 $0
2022 $9,047 $338,820 $0 $0
2021 $8,894 $328,960 $0 $0
2020 $8,159 $319,380 $0 $0
2019 $7,859 $310,080 $0 $0
2018 $7,628 $301,050 $0 $0
2017 $7,311 $292,290 $0 $0
2016 $6,691 $283,780 $0 $0
2015 $6,511 $275,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Gillespie

    Keller Williams PDX Central

    Section Image

  • S

    Buyer's Agent in 2016

    Sharon Wenger

    MORE Realty

    (503) 686-1665

    27 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15606195

Regional Multiple Listing Service (RMLS)

APN: R160137

Oregon Multnomah County Portland 97217 Piedmont

815 N Lombard St, Portland, OR

This home is located at 815 N Lombard St, Portland, OR 97217 since 05 August 2015 and is currently estimated at $1,072,076, approximately $183 per square foot. This property was built in 1914. 815 N Lombard St is a home located in Multnomah County with nearby schools including Woodlawn Elementary School, Ockley Green, and Jefferson High School.

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