NOT LISTED FOR SALE

1108 Main St Freedom, OK 73842

Estimated Value: $193,645

-- Bed
1 Bath
-- Sq Ft
5,837 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $175,000

Est. 11% increase in value since last sale

Current estimated payment $1,205/month

151 Days on Market

Highlights

  • 11 Foot Ceilings
  • Concrete Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2023

This unique and very popular well established restaurant is looking for new owners. Home-style food is served in a unique general store setting in a friendly small town near the Cimarron River in Freedom, OK . This property has 5950 sq ft and can seat up to 80 customers. It includes a small hardware, grocery, antique and miscellaneous section. It is up to date on all health inspections and codes. Recently updated throughout including all new plumbing and electrical, industrial cooking equipment, updated ceiling, walls, men's and women's restrooms. Seller has active OK R E License

Last Agent to Sell the Property

Cortney Gainer

Smith & Co R E Marketing Professionals LLC License #172505 Listed on: 09/12/2022

Last Buyer's Agent

Cortney Gainer

Smith & Co R E Marketing Professionals LLC License #172505 Listed on: 09/12/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,805

Year Built

  • 1968

Lot Details

  • Condo Land Included

Parking

  • Parking Lot

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • 11 Foot Ceilings
  • Concrete Flooring

Utilities

  • Central Heating and Cooling System
  • Gas Available

Property Details

Property Type

Other

Est. Annual Taxes

$1,805

Year Built

1968

Lot Details

0

Listing Details

  • Age: 51-70 Years
  • Class: Commercial/Industrial
  • Heating: Central Gas
  • Legal Name S: GARY WISE PROPERTIES, LLC B/O
  • Lvt Date: 09/12/2022
  • Sq Ft Provided By: Appraiser
  • Type: Commercial
  • Annual Taxes: 576
  • Flood Insurance: Flood Ins Not Req
  • Improved W Structures: Yes
  • Location: Corner Lot, Freestanding, Downtown Area
  • Miscellaneous: Inside Storage
  • Typeof Business: Restaurant, Retail Store
  • Utilities Available: Electric, Gas, City Water, City Sewer
  • Zoning: C-1 Neigh
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 550
  • Year Built: 1968

Interior Features

  • Floor: Concrete Slab
  • Ceiling Height: 11-15 Ft
  • Number Of Stories: One
  • Walls: Metal, Sheet Rock

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Central Electric

Lot Info

  • Lot Size: Lots 14-19
  • Land Status: Land Included

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Mar 8, 2023
Sold by
Gary Wise Properties Llc
Bought by
Diamond Property Group Llc
Seller's Agent
Cortney Gainer
Smith & Co R E Marketing Professionals LLC
Buyer's Agent
Cortney Gainer
Smith & Co R E Marketing Professionals LLC
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Views
21
Current Estimated Value
$193,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,645
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Oct 9, 2020
Sold by
Jaker Hildy
Bought by
Gary Wise Properties Llc

Purchase Details

Closed on
Dec 22, 2011
Sold by
Freedom State Bank, The
Bought by
Edwards Melvin D

Purchase Details

Closed on
Feb 1, 1999
Sold by
Hughes and Reynolds Enterpr
Bought by
Burnham Victor and Burnham Janice

Purchase Details

Closed on
Jan 2, 1996
Sold by
Harris Morgan and Harris Betty M
Bought by
Hughes and Reynolds Enterpr

Purchase Details

Closed on
Jun 18, 1991
Sold by
Bishop W Walter
Bought by
Harris Morgan and Harris Betty M
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
Diamond Property Group Llc $175,000 --
Gary Wise Properties Llc $35,000 --
Edwards Melvin D $60,000 --
Burnham Victor $60,000 --
Hughes $60,000 --
Harris Morgan $31,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $175,000 -7.9% --
02/10/2023 02/10/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $190,000 -2.6% --
01/05/2023 01/05/23 For Sale $195,000 +11.4% --
12/31/2022 12/31/22 Off Market $175,000 -- --
12/28/2022 12/28/22 Price Changed $195,000 -29.1% --
10/28/2022 10/28/22 Price Changed $275,000 -15.4% --
09/12/2022 09/12/22 For Sale $325,000 -- --
Source: Northwest Oklahoma Association of REALTORS®

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 $1,805 $23,430 $389 $23,041
2023 $629 $8,168 $324 $7,844
2022 $599 $7,779 $323 $7,456
2021 $599 $7,779 $323 $7,456
2020 $576 $7,779 $323 $7,456
2019 $566 $7,642 $323 $7,319
2018 $539 $7,278 $323 $6,955
2017 $513 $6,932 $323 $6,609
2016 $514 $6,936 $323 $6,613
2015 $555 $7,275 $323 $6,952
2014 $551 $7,246 $322 $6,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Oklahoma Association of REALTORS®

MLS Number: 20221432

Northwest Oklahoma Association of REALTORS®

APN: 6001-00-019-014-0-003-UC