NOT LISTED FOR SALE

1044 E Chestnut St Altus, OK 73521

Estimated Value: $75,000 - $103,702

8 Beds
4 Baths
2,708 Sq Ft
$33/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $90,000 $33 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $549/month

46 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property

About This Home

As of August 2024

Awesome investment opportunity. Here we have two duplexes. Each side has 2 bedrooms and 2 baths. One duplex has a metal roof while the other has a composition shingle roof. Very profitable investment. All units are currently leased. 1044, 1046, 1048 and 1050 E. Chestnut Altus OK.

Last Agent to Sell the Property

Emory Allen

Re/Max Property Place Listed on: 05/07/2024

Re/Max Property Place

Co-Listed By

Neil Bonds

Re/Max Property Place

Re/Max Property Place

Last Buyer's Agent

Neil Bonds

Re/Max Property Place

Re/Max Property Place

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.46 Acre Lot
  • Corner Lot

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2,708 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Altus Elementary School
  • Altus JHS Middle School
  • Altus High School

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Duplex
  • Legal Addition: Alvista 4th
  • School Junior High: Altus JHS
  • Stories: 1.0000
  • Third Party Comments: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 2708

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Total Parking: 8

Schools

  • Elementary School: Altus ES
  • High School: Altus HS

Lot Info

  • Land Sq Ft: 19900
  • Lot Description: Corner

Rental Info

  • Rent: 650.00

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Altus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Jaxon Properties Llc and Tanner J Investments Llc
Bought by
Rt Investment Enterprises Llc
Current Estimated Value
$90,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,983
Outstanding Balance
$134,591
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
-$46,165

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 9, 2024
Sold by
Forster Steven L and Forster Brittany
Bought by
Jaxon Properties Llc and Tanner J Investments Llc
Seller's Agent
Emory Allen
Re/Max Property Place
Buyer's Agent
Neil Bonds
Re/Max Property Place
List Price
$180,000
Sold Price
$90,000
Premium/Discount to List
-$90,000
-50%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.23%
Original Mortgage
$125,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2022
Sold by
Diltz Janice C and Diltz Jack
Bought by
Winters Lorin J

Purchase Details

Closed on
Dec 24, 2004
Sold by
First State Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rt Investment Enterprises Llc -- None Listed On Document
Rt Investment Enterprises Llc -- None Listed On Document
Jaxon Properties Llc $90,000 None Listed On Document
Winters Lorin J -- None Listed On Document
-- $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rt Investment Enterprises Llc $138,983
Closed Rt Investment Enterprises Llc $138,983
Previous Owner Jaxon Properties Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $90,000 -37.9% $33 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $145,000 -14.7% $54 / Sq Ft
05/21/2024 05/21/24 Price Changed $170,000 -5.6% $63 / Sq Ft
05/07/2024 05/07/24 For Sale $180,000 -- $66 / Sq Ft
Source: MLSOK

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
2025 $894 $10,352 $2,394 $7,958
2024 $795 $9,171 $937 $8,234
2023 $795 $9,373 $937 $8,436
2022 $782 $9,231 $3,439 $5,792
2021 $751 $8,792 $3,439 $5,353
2020 $725 $8,373 $3,439 $4,934
2019 $764 $8,752 $3,439 $5,313
2018 $653 $8,752 $3,439 $5,313
2017 $653 $8,752 $3,439 $5,313
2016 $668 $8,947 $1,782 $7,165
2015 $668 $8,947 $1,782 $7,165
2014 $664 $8,892 $1,782 $7,110
Source: Public Records

Agents Affiliated with this Home

  • Emory Allen

    Seller's Agent in 2024

    Emory Allen

    RE/MAX

    (405) 509-3894

    194 Total Sales

    Emory Allen
    Section Image
  • Neil Bonds

    Seller Co-Listing Agent in 2024

    Neil Bonds

    RE/MAX

    (580) 471-9942

    85 Total Sales

    Neil Bonds
    Section Image

  • E

    Buyer Co-Listing Agent in 2024

    Emily Jefferson

    Horizon Realty

    (405) 684-0074

    39 Total Sales

    Emily Jefferson
    Section Image
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Map

Source: MLSOK

MLS Number: 1113010

MLSOK

APN: 0045-00-018-000-0-001-00

Oklahoma Jackson County Altus 73521

1044 E Chestnut St, Altus, OK

Not Listed for Sale

MultiFamily

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