NOT LISTED FOR SALE

Estimated Value: $131,000 - $296,000

8 Beds
8 Baths
4,008 Sq Ft
$54/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $465,000 $116 Per Sq Ft

Current estimated payment $2,050/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Carpet
  • Laundry Room
  • Washer and Dryer

About This Home

As of February 2021

8 unit condo package 100 percent occupied. Rents on the 8 efficenty untis range from 585-600/ m. Property brings in 4755/m, owner pays 88/m per unit for HOA fees and water. Tenants pay their own electric bill. Insurance cost is minimal since HOA covers from studs out. So all exterior maintenance including roof is handled by the HOA. All units are right next to each other 4 downstairs units and 4 upstairs unit. Property will be available to show once proof of funds are provided and contract price is accepted. All units have been updated in the last few years.

Last Agent to Sell the Property

Matthew Simms

Simms Realty Listed on: 12/02/2020

Last Buyer's Agent

Matthew Simms

Simms Realty Listed on: 12/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1977

HOA Fees

  • $704 Monthly HOA Fees

Parking

  • 8 Parking Spaces

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Brick Frame

Interior Spaces

  • 4,008 Sq Ft Home
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Quail Creek Elementary School
  • John Marshall Middle School
  • John Marshall High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • 8 Units
  • Mandatory home owners association

Building Details

  • Gross Income $57,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,119

Year Built

Built in 1977

Lot Details

0

HOA Fees

$704 per month

Listing Details

  • Property Type: MultiFamily
  • Style: Contemporary
  • Property Sub Type: More Than 4 Units
  • Gross Expense: 8448
  • Legal Addition: The Barrington
  • Mandatory Association Dues Yn: Yes
  • School Junior High: John Marshall MS
  • Third Party Comments: Yes
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Features: Laundry, Carpet, Washer/Dryer Hookup
  • Fireplace Description: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer/Dryer, Water Heater
  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Total Sq Ft: 4008

Exterior Features

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

Garage/Parking

  • Total Parking: 8

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Condo/Co-op/Association

  • Association Fee: 8448

Schools

  • Elementary School: Quail Creek ES
  • High School: John Marshall HS

Lot Info

  • Land Sq Ft: 1

Multi Family

  • Number Efficiency Units: 8
  • Number Of Units: 8

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Thor Properties Llc
Bought by
Orbit Homes & Construction Llc
Current Estimated Value
$215,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2022
Sold by
Melvin Haynes
Bought by
M Elite Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2022
Sold by
Thor Properties Llc
Bought by
Haynes Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 2, 2021
Sold by
Farsi Llc
Bought by
Thor Properties Llc
Seller's Agent
Matthew Simms
Simms Realty
Buyer's Agent
Matthew Simms
Simms Realty
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.49%

Purchase Details

Listed on
Jul 24, 2017
Closed on
Oct 10, 2017
Sold by
Midas Investments Rentals Llc
Bought by
Farsi Llc
Seller's Agent
DANIEL BELCHER
Top Tier RE Group
Buyer's Agent
Matthew Simms
Simms Realty
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Long Vince G and Long Karen L
Bought by
Nguyen Jimmy Ke and Tran Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,354
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Southern Hotel Properties Inc
Bought by
Long Vince G and Long Karen L

Purchase Details

Closed on
Jul 13, 2000
Sold by
Ball Steve and Ball Kay
Bought by
Southern Hotel Properties Inc

Purchase Details

Closed on
Dec 8, 1998
Sold by
Lemm Roger A and Lemm Juanita E
Bought by
Ball Steve and Ball Kay
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Orbit Homes & Construction Llc $233,000 Oklahoma Family Title
M Elite Investments Llc -- --
Haynes Melvin $235,000 Chicago Title
Thor Properties Llc $465,000 First American Title
Farsi Llc $390,000 First American Title
Nguyen Jimmy Ke $228,000 First American Title & Tr Co
Long Vince G $215,000 American Guaranty Title Co
Southern Hotel Properties Inc $139,000 First American Title & Tr Co
Ball Steve $121,000 First Amer Title & Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed M Elite Investments Llc $178,000
Closed Orbit Homes & Construction Llc $180,000
Closed Haynes Melvin $180,000
Previous Owner Nunnery Christopher P $26,800
Previous Owner Quality First Properties Llc $50,000
Previous Owner Nguyen Jimmy Ke $157,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $465,000 0.0% $116 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $465,000 +19.2% $116 / Sq Ft
10/10/2017 10/10/17 Sold $390,000 -8.2% $97 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $425,000 -- $106 / 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
2024 $2,119 $17,170 $1,898 $15,272
2023 $2,119 $17,254 $1,898 $15,356
2022 $1,946 $16,542 $1,729 $14,813
2021 $2,870 $24,385 $2,297 $22,088
2020 $2,766 $23,224 $2,143 $21,081
2019 $2,632 $22,118 $2,207 $19,911
2018 $2,390 $21,065 $0 $0
2017 $2,388 $21,064 $3,720 $17,344
2016 $2,338 $20,615 $3,720 $16,895
2015 $2,395 $20,919 $3,655 $17,264
2014 $2,306 $20,255 $2,983 $17,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 937098

MLSOK

APN: 134671400