NOT LISTED FOR SALE

1131 NW 5th St Oklahoma City, OK 73106

Metro Park Neighborhood

Estimated Value: $679,000

0.06 Acre
$10,916,399 Price per Acre
2,709 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $52,000

Est. 1,206% increase in value since last sale

Current estimated payment $3,751/month

199 Days on Market

About This Lot

As of April 2023

Talk about a UNIQUE Investment Property! This vacant lot is like no other, and right in the middle of city land; many think it’s a median. This area is residential intermingled with industrial, so the possibilities to build on this lot are endless. A 3 story residence would offer the perfect sight line to Downtown Okc…with no neighbors! A cool industrial business would capture all the attention! So many ideas on what you can do with this one! Lot is 63 x 43. The Downtown district is moving west and investors know this area won’t remain vacant long. Walkable/bikeable to Downtown. Close to highways, hospitals, parks, restaurants and events. This is a one of a kind lot!!

Last Agent to Sell the Property

Wenona Jones

Chinowth & Cohen Listed on: 09/08/2022

Last Buyer's Agent

Laci Ray

Brix Realty

Brix Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14

Lot Details

  • 2,709 Sq Ft Lot
  • Finished Lot(s)

Schools

  • Mark Twain Elementary School
  • Taft Middle School
  • Northwest Classen High School

Listing and Financial Details

  • Legal Lot and Block 12 / 25

Property Details

Property Type

Land

Est. Annual Taxes

$14

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Lot
  • Existing House Yn: No
  • Legal Addition: Neas Add
  • Mobile Homes Allowed Yn: No
  • Road Access: Public
  • School Junior High: Taft MS
  • Subdivide Yn: No
  • Third Party Comments: No
  • Special Features: None

Exterior Features

  • Fenced: No
  • Road Frontage: City Road

Schools

  • Elementary School: Mark Twain ES
  • High School: Northwest Classen HS

Lot Info

  • Acres: 0.0622
  • Land Sq Ft: 2709
  • Lot Description: Other
  • Mineral Rights: No
  • Zoning: Residential

Tax Info

  • Tax Block: 25
  • Tax Lot: 12

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Perotka Wayne and Ray Laci
Bought by
James William and James Leslie
Current Estimated Value
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Outstanding Balance
$93,705
Interest Rate
7.1%
Mortgage Type
Construction
Estimated Equity
$620,295

Purchase Details

Listed on
Sep 8, 2022
Closed on
Apr 6, 2023
Sold by
Urban House Co Llc Series
Bought by
Perotka Wayne and Ray Laci
Seller's Agent
Wenona Jones
Chinowth & Cohen
Buyer's Agent
Laci Ray
Brix Realty
List Price
$165,000
Sold Price
$52,000
Premium/Discount to List
-$113,000
-68.48%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
206.33%

Purchase Details

Closed on
Dec 29, 2021
Sold by
West Mary Kathleen
Bought by
Urban Houses Co Llc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
James William -- Fidelity National Title
Perotka Wayne $52,000 Old Republic Title
Urban Houses Co Llc $1,000 Chicago Title Oklahoma Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed James William $546,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $52,000 -20.0% --
03/26/2023 03/26/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $65,000 -59.4% --
09/19/2022 09/19/22 Price Changed $160,000 -3.0% --
09/08/2022 09/08/22 For Sale $165,000 -- --
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
2024 $14 $5,830 $5,830 --
2023 $14 $110 $110 $0
2022 $13 $110 $110 $0
2021 $21 $178 $178 $0
2020 $20 $170 $170 $0
2019 $19 $162 $162 $0
2018 $17 $154 $0 $0
2017 $17 $146 $146 $0
2016 $16 $140 $140 $0
2015 $16 $140 $140 $0
2014 $16 $140 $140 $0
Source: Public Records

Agents Affiliated with this Home

  • Wenona Jones

    Seller's Agent in 2023

    Wenona Jones

    Chinowth & Cohen

    (405) 816-2844

    6 in this area

    43 Total Sales

    Section Image

  • L

    Buyer's Agent in 2023

    Laci Ray

    Brix Realty

    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 1028935

MLSOK

APN: 016088950

Oklahoma Oklahoma County Oklahoma City 73106 Metro Park

1131 NW 5th St, Oklahoma City, OK

This home is located at 1131 NW 5th St, Oklahoma City, OK 73106 since 08 September 2022 and is currently estimated at $679,000. 1131 NW 5th St is a home located in Oklahoma County with nearby schools including Mark Twain Elementary School, Taft Middle School, and Northwest Classen 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.

MLSOK IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market.
Copyright 2025 MLSOK, Inc. All rights reserved.

Nearby Homes