NOT LISTED FOR SALE

9416 N Lombard St Unit 3 Portland, OR 97203

Saint Johns Neighborhood

Estimated Value: $202,000 - $1,249,563

6 Beds
3 Baths
4,680 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $1,316,000 $281 Per Sq Ft

Current estimated payment $3,341/month

319 Days on Market

Highlights

  • High Speed Internet
  • Lap Siding
  • 1-Story Property
  • Level Lot

About This Home

As of April 2022

Located in St. Johns, the French Quarter 6-plex offers a unique opportunity to invest in one of Portland's most active submarkets. The single level courtyard style layout consists of one 2 bed/1 bath units, three large 3 bed/1 bath units, and two 1 bed/1 bath units. The units are technically platted as condos. Tenants enjoy spacious units with washer/dryer hookups and units that have all been renovated in the last six years. Close to parks, shopping, restaurants, public transportation.

Last Agent to Sell the Property

Parvaneh Kalantari

Vitality Home Realty License #200306181 Listed on: 05/17/2021

Last Buyer's Agent

Cory C

Constant Commercial Real Estate Inc License #201226331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1964

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,427

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4680
  • Stories: 1
  • Year Built: 1964
  • Remarks Public: Located in St. Johns, the French Quarter 6-plex offers a unique opportunity to invest in one of Portland's most active submarkets. The single level courtyard style layout consists of one 2 bed/1 bath units, three large 3 bed/1 bath units, and two 1 bed/1 bath units. The units are technically platted as condos. Tenants enjoy spacious units with washer/dryer hookups and units that have all been renovated in the last six years. Close to parks, shopping, restaurants, public transportation.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: NEW ORLEANS CONDOMINIUMS, LOT 3
  • Basement: None

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 1917.07
  • Assessor Parcel Number: R600907
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 13.21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Apr 22, 2022
Sold by
Pdx French Quarter Llc
Bought by
Grevma Llc
Seller's Agent
Parvaneh Kalantari
Vitality Home Realty
Buyer's Agent
Cory C
Constant Commercial Real Estate Inc
List Price
$1,295,000
Sold Price
$1,316,000
Premium/Discount to List
$21,000
1.62%
Current Estimated Value
$576,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$739,984

Purchase Details

Closed on
Nov 7, 2008
Sold by
New Orleans Condominiums Llc
Bought by
Prometheus Housing Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.07%
Mortgage Type
Unknown
Source: Public Records

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
Grevma Llc $1,316,000 Fidelity National Title
Prometheus Housing Group Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prometheus Housing Group Llc $550,000
Previous Owner New Orleans Condominiums Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $1,316,000 0.0% $281 / Sq Ft
11/03/2021 11/03/21 Off Market $1,316,000 -- --
08/06/2021 08/06/21 For Sale $1,295,000 -1.6% $277 / Sq Ft
08/03/2021 08/03/21 Off Market $1,316,000 -- --
06/14/2021 06/14/21 Price Changed $1,295,000 -4.1% $277 / Sq Ft
05/17/2021 05/17/21 For Sale $1,350,000 -- $288 / 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 $2,427 $91,580 $0 $91,580
2022 $2,126 $79,600 $0 $0
2021 $2,090 $77,290 $0 $0
2020 $1,917 $75,040 $0 $0
2019 $1,847 $72,860 $0 $0
2018 $1,792 $70,740 $0 $0
2017 $1,718 $68,680 $0 $0
2016 $1,572 $66,680 $0 $0
2015 $1,347 $64,740 $0 $0
2014 $1,065 $62,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Parvaneh Kalantari

    Seller's Agent in 2022

    Parvaneh Kalantari

    Vitality Home Realty

    (503) 260-1003

    1 in this area

    29 Total Sales

    Section Image
  • Cory C

    Buyer's Agent in 2022

    Cory C

    Constant Commercial Real Estate Inc

    (503) 686-1896

    1 in this area

    55 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21326287

Regional Multiple Listing Service (RMLS)

APN: R600907

Oregon Multnomah County Portland 97203 Saint Johns

9416 N Lombard St Unit 3, Portland, OR

This home is located at 9416 N Lombard St Unit 3, Portland, OR 97203 since 17 May 2021 and is currently estimated at $557,188, approximately $119 per square foot. This property was built in 1964. 9416 N Lombard St Unit 3 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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