NOT LISTED FOR SALE

113 W 3rd St Grove, OK 74344

Grove Area
-- Bed
-- Bath
-- Sq Ft
-- Built

Sale Details

Date Sold: October 30, 2024

Last sale price $815,000

125 Days on Market

Highlights

  • Home Security System
  • Central Air
  • Heating Available

About This Home

As of October 2024

Historic 13-unit apartment complex in downtown Grove, OK at Grand Lake O' the Cherokees! This 3 story complex has been updated throughout with good quality, low-maintenance finishes that will last. The property features an on-site laundry room with 2 sets of newer coin-operated machines, Secured keyless entry doors, newer windows and TPO roof with warranty & several new HVAC units. All units have independent electric meters. Secured mailbox located in lobby for each unit. Steel entry doors. Walking distance to all downtown dining & shopping!! Great investment opportunity with owner finance available! Seller will provide terms with 30% down, 7.5% interest, 3-5, year balloon, will do interest only or principal plus interest amortized up to 30. 7 of the 13 units have been completely gutted and redone. The other 6 units have been updated. The entire common area has been updated to a modern clean look. Approx. 11 of the 13 a/c units have been completely replaced. The seller performs background checks on every tenant and screens each tenant personally, creating a harmonious balance in the building. The building is located right in the Heart of downtown Grove. Walk to all the boutiques, restaurants & coffee shops!! The seller easily operates the building remotely and has great vendors who know the building well for electrical, plumbing, roofing, HVAC, locksmith, washer/dryer, etc.

Last Agent to Sell the Property

Ty Krumrey

Keller Williams Realty Grand Lake License #160386 Listed on: 05/28/2024

Keller Williams Realty Grand Lake

Last Buyer's Agent

Joni Gaertner

Epique Realty License #158520

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,015

Home Design

  • Slab Foundation
  • Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Home Security System

Schools

  • Grove High School

Utilities

  • Central Air
  • Heating Available
  • Furnace

Community Details

  • 13 Units
  • Grove Original Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 210039700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,015

Listing Details

  • Directions: On 3rd across from Community Center
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Income Expense Gross Rent: 8020.0
  • Unit Info One Bedroom Units: 10
  • Unit Info Two Bedroom Units: 3
  • Subdivision Name: Grove-Original
  • Architectural Style: 2 - Apartment Building
  • Master Model: 10
  • Property Information:Water FrontView: None
  • Property Information:Style2: 2 - Apartment Building
  • Property Information:Stories2: 3.0
  • Air Conditioning:Central: Yes
  • Foundation Type:Slab: Yes
  • Construction Siding: Yes
  • Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Owner Pays: Trash Collection, Water, Sewer

Exterior Features

  • Disclosures: Broker Services
  • Foundation Details: Slab
  • Construction:Color2: white
  • Construction:Rock: Yes

Utilities

  • Sewer: City Sewer
  • Cooling: Central
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating Type:Central Furnace: Yes
  • Heating Fuel:Electric: Yes

Schools

  • High School: Grove

Lot Info

  • Parcel #: 210039700

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3015.0

Multi Family

  • Number Of Units Total: 13
  • Annual Gross Income: 8020.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $815,000 -9.4% --
10/01/2024 10/01/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $899,900 -10.0% --
05/28/2024 05/28/24 For Sale $999,900 +227.8% --
12/21/2018 12/21/18 Sold $305,000 -31.9% -- View Prior Sale
11/16/2018 11/16/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $447,900 -- --
Source: Northeast Oklahoma Board of REALTORS®

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Map

Source: Northeast Oklahoma Board of REALTORS®

MLS Number: 24-1007

Northeast Oklahoma Board of REALTORS®
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