NOT LISTED FOR SALE

9715 N Lombard St Unit 9717 Portland, OR 97203

Saint Johns Neighborhood

Estimated Value: $466,000 - $619,000

6 Beds
2 Baths
1,924 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $525,000 $273 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,394/month

About This Home

As of December 2020

Turn-key Duplex with great cashflow in the heart of St. Johns. Rare 3-bedroom units with low-maintenance grounds, and ample off-street parking. Vacant unit was recently remodeled featuring high-end LVP flooring, new cabinets and countertops, stainless steel appliances and new lighting. Occupied unit has long-time tenant at market rent who wants to stay. This is a Great opportunity to invest at higher than a 6 cap in this vibrant neighborhood.

Last Agent to Sell the Property

Byron Twyman

Inhabit Real Estate License #200204380 Listed on: 10/09/2020

Last Buyer's Agent

Sarah Ruffner

Where, Inc License #200901031

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1973

Lot Details

  • 5,314

Parking

  • Open Parking

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Washer and Dryer Hookup
  • Crawl Space
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,414

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1924
  • Year Built: 1973
  • Property Condition: Approximately
  • Remarks Public: Turn-key Duplex with great cashflow in the heart of St. Johns. Rare 3-bedroom units with low-maintenance grounds, and ample off-street parking. Vacant unit was recently remodeled featuring high-end LVP flooring, new cabinets and countertops, stainless steel appliances and new lighting. Occupied unit has long-time tenant at market rent who wants to stay. This is a Great opportunity to invest at higher than a 6 cap in this vibrant neighborhood.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: HOLBROOKS ADD, BLOCK 24, LOT 21
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R 2.5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

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

Tax Info

  • Tax Amount: 4424.84
  • Assessor Parcel Number: R181388
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.39

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 19, 2020
Sold by
Knier Brian T
Bought by
Rodriguez Julio Cesar Castillo
Seller's Agent
Byron Twyman
Inhabit Real Estate
Buyer's Agent
Sarah Ruffner
Where, Inc
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$555,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,245
Avg. Annual Appreciation
1.45%
Original Mortgage
$393,750
Outstanding Balance
$277,026
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$285,845

Purchase Details

Closed on
Jun 25, 2020
Sold by
Knier Aimee D
Bought by
Knier Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 29, 2016
Sold by
Theis Clifford G
Bought by
Knier Brian T and Knier Aimee D
Seller's Agent
Joe Spanish
Windermere Realty Trust
Buyer's Agent
Byron Twyman
Inhabit Real Estate
List Price
$309,000
Sold Price
$350,000
Premium/Discount to List
$41,000
13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$262,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1996
Sold by
Moreland Stephen I
Bought by
Theis Clifford G and Theis Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.37%
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
Rodriguez Julio Cesar Castillo $525,000 Chicago Title Company Of Or
Knier Brian T -- Fidelity National Ttl Of Or
Knier Brian T $350,000 Lawyers Title
Theis Clifford G $133,000 First American Title Ins Co
Moreland Stephen I -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Julio Cesar Castillo $393,750
Previous Owner Knier Brian T $325,000
Previous Owner Knier Brian T $262,500
Previous Owner Theis Clifford G $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $525,000 0.0% $273 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $525,000 +50.0% $273 / Sq Ft
05/02/2016 05/02/16 Sold $350,000 +13.3% $182 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $309,000 -- $161 / 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 $5,414 $202,360 -- --
2023 $5,206 $196,470 $0 $0
2022 $5,093 $190,750 $0 $0
2021 $5,007 $185,200 $0 $0
2020 $4,594 $179,810 $0 $0
2019 $4,425 $174,580 $0 $0
2018 $4,295 $169,500 $0 $0
2017 $4,116 $154,300 $0 $0
2016 $3,532 $149,810 $0 $0
2015 $3,440 $145,450 $0 $0
2014 $3,378 $141,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20693809

Regional Multiple Listing Service (RMLS)

APN: R181388