NOT LISTED FOR SALE

503 Crater Lake Pkwy Klamath Falls, OR 97601

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold November 23, 2017

Last sale price $946,000

41 Days on Market

About This Home

As of November 2017

Great investment opportunity. 18 Geothermally heated units with individual controls in each room. Quality construction through-out. Excellent condition. Private entry to each townhouse style apartment.Central laundry facility with coin operated washer/dryers. Updated, clean units with new appliances. Tile bath flooring and Karastan carpeting. Large quiet rooms with extra closet for storage. Low vacancy. Low overhead and low maintenance. Quality long-term tenants. 2014 upgrades include electrical converted to circuit breakers, exterior paint, concrete work on walkways and exterior brick. Units are NO smoking, quiet environment. Located within walking distance to downtown and bus route. Owner pays water, sewer and trash. Off street parking for tenants. Exact year built is unknown but estimated in the 1930's era. Park Court Apartments Classic Brick, Expressional Decorative Style. Each apartment is individually unique.

Last Agent to Sell the Property

Ryan Weider

Windermere Real Estate Kf License #200510237 Listed on: 08/21/2017

Windermere Real Estate Kf

Last Buyer's Agent

x No REALTOR Representation

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,268

Year Built

  • Built in 1930

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Ponderosa Middle School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Geothermal Heating and Cooling

Additional Features

  • 2-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number R340421

Community Details

Overview

  • 18 Units

Building Details

  • Gross Income $124,440
  • Net Operating Income $83,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,268

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: North on Esplanade, one block from Crater Lake Parkway, South on El Dorado.
  • Unit Levels: Two
  • Lot Size Acres: 0.28
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Total Gross Income: 124440.0
  • Co List Office Phone: 541-885-4400
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Ponderosa Middle
  • General Property Information:Zoning2: c-apartment
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Brick: Yes

Utilities

  • Heating: Geothermal, Natural Gas, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Geothermal: Yes

Schools

  • Middle Or Junior School: Ponderosa Middle

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: R340421
  • ResoLotSizeUnits: Acres
  • Zoning Description: c-apartment
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 18
  • Net Operating Income: 83112.0
  • Annual Operating Expense: 41765.0

Tax Info

  • Tax Annual Amount: 7268.4
  • Tax Year: 2016

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/23/2017 11/23/17 Sold $946,000 -5.3% --
08/31/2017 08/31/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $999,000 +25.0% --
10/30/2015 10/30/15 Sold $799,000 0.0% --
06/15/2015 06/15/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $799,000 -- --
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Weider

    Seller's Agent in 2017

    Ryan Weider

    Windermere Real Estate Kf

    (916) 547-8200

    98 Total Sales

    Ryan Weider
    Section Image

  • x

    Buyer's Agent in 2017

    x No REALTOR Representation

    No Office

  • X

    Buyer's Agent in 2017

    X No Realtor Repres

  • R

    Buyer's Agent in 2015

    Richard Bogatay

    Rich Bogatay Real Estate Llc

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102979932

Oregon Datashare

APN: R304218

Oregon Klamath County Klamath Falls 97601

503 Crater Lake Pkwy, Klamath Falls, OR

This home is located at 503 Crater Lake Pkwy, Klamath Falls, OR 97601 since 21 August 2017. This property was built in 1930. 503 Crater Lake Pkwy is a home located in Klamath County with nearby schools including Roosevelt Elementary School, Ponderosa Middle School, and Klamath Union High School.

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