NOT LISTED FOR SALE

1102 Orchard Ct N Keizer, OR 97303

-- Bed
-- Bath
48,724 Sq Ft
3.01 Acres

Last Sold July 20, 2022

Last sale price $9,000,000 $185 Per Sq Ft

146 Days on Market

Highlights

  • 3.01 Acre Lot
  • Baseboard Heating
  • Washer and Dryer
  • Cul-De-Sac
  • Laundry Facilities

About This Home

As of July 2022

The Orchard Court Apartments are a well maintained, 50-unit complex on a quiet cul-de-sac. The property consists of 10 buildings & includes 8 garages with 16 total garage bays. There are 42, 2 BD & 8, 3 BD units that all include W/D. There is an additional laundry room on-site, off-street parking, balconies & well landscaped grounds. The offering is a fantastic opportunity to have a "value-add" potential deal without major deferred maintenance, as rents are below market, but the property is well maintained.

Last Listed By

Joseph Chaplik

JOSEPH BERNARD, LLC License #200411049 Listed on: 12/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44,890

Year Built

  • Built in 1977

Lot Details

  • 3.01 Acre Lot
  • Cul-De-Sac

Home Design

  • 48,724 Sq Ft Home

Additional Features

  • Washer and Dryer
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • 50 Units
  • Orchard Court Apartments Community

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $7,803
  • Maintenance Expense $25,000
  • Operating Expense $199,543
  • Net Operating Income $455,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44,890

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: The Orchard Court Apartments are a well maintained, 50-unit complex on a quiet cul-de-sac. The property consists of 10 buildings & includes 8 garages with 16 total garage bays. There are 42, 2 BD & 8, 3 BD units that all include W/D. There is an additional laundry room on-site, off-street parking, balconies & well landscaped grounds. The offering is a fantastic opportunity to have a "value-add" potential deal without major deferred maintenance, as rents are below market, but the property is well maintained.
  • Cross Street: Windsor Island Rd N
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Laundry Center, W/D Included
  • Price Per Sq Ft: 184.71
  • Price Per Sq Ft: 184.71

Utilities

  • Heating: Baseboard
  • Water: City
  • Insurance: 7803
  • Sewer: City

Condo/Co-op/Association

  • Maintenance: 25000
  • Mgmt Acct: 30946

Schools

  • Elementary School: Keizer
  • Middle School: Claggett Creek
  • High School: McNary

Lot Info

  • Acres: 3.01
  • Estimated Lot Sq Ft: 131071
  • Lot: 1
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 2990033.22
  • Zoning: RM
  • Property Name: Orchard Court Apartments
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 199543

Multi Family

  • Additional Land Available: 623947
  • Net Income: 455400
  • Gross Sched Income: 656786
  • Number Of Units: 50

Tax Info

  • Tax Account Number: R61149
  • Tax Amount: 44890

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $9,000,000 0.0% $185 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $9,000,000 0.0% $185 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $9,000,000 -- $185 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joseph Chaplik

    JOSEPH BERNARD, LLC

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 786545

Willamette Valley MLS

APN: 063W34CD07300

Oregon Marion County Keizer 97303

1102 Orchard Ct N, Keizer, OR

This home is located at 1102 Orchard Ct N, Keizer, OR 97303 since 02 December 2021. This property was built in 1977. 1102 Orchard Ct N is a home located in Marion County with nearby schools including Keizer Elementary School, Claggett Creek Middle School, and McNary 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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

Nearby Homes