NOT LISTED FOR SALE

115 SE 5th St Unit A & B Spiro, OK 74959

Estimated Value: $121,432 - $153,000

1 Bed
1 Bath
1,368 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $139,000 $102 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $822/month

13 Days on Market

Highlights

  • Corner Lot
  • South Facing Home
  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of January 2024

Start earning income today! Investment property located approximately 20 minutes from Fort Smith. Each unit has updated bathrooms with new tubs, tiled backsplash and LVP flooring. Unit A has new paint, lighting/fans, LVP flooring throughout as well as new countertops in the kitchen. Unit B has the updated bathroom with LVP flooring in the bathroom and kitchen. Both units can come furnished for an additional amount if agreed upon. Duplex: each are 2 bed 1 bath with a nice size living room. Each unit is approximately 684 sq ft with the total under roof heated sq ft being 1,368. Both units have central heat and air. It was built in 2007 on a corner lot. The property is located close to town and there is room to expand or build more units, if wanted.

Last Agent to Sell the Property

C. Anne Campbell

McGraw REALTORS License #SA00079486 Listed on: 11/16/2023

McGraw REALTORS

Co-Listed By

Hollie Byers

McGraw REALTORS License #SA00057697

McGraw REALTORS

Last Buyer's Agent

Hollie Byers

McGraw REALTORS License #SA00057697

McGraw REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 2007

Lot Details

  • 6,957 Sq Ft Lot
  • Lot Dimensions are 142x49
  • South Facing Home
  • Corner Lot
  • Level Lot
  • Cleared Lot

Parking

  • Unpaved Driveway

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Location

  • City Lot

Schools

  • Spiro Elementary School
  • Sprio Middle School
  • Spiro High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Mineral rights & storage buildings (not owned by seller's)
  • Legal Lot and Block 1 & 2 / 58
  • Assessor Parcel Number U001-00-058-000-0-001-00

Community Details

Overview

  • 2 Units
  • Spiro Main Town Subdivision

Building Details

  • Operating Expense $6,000
  • Gross Income $24,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$820

Year Built

Built in 2007

Lot Details

6,957 Sq Ft Lot

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Cleared, Corner Lot, City Lot, Level
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: F3081
  • Co List Office Phone: 479-646-5539
  • Co List Office Mls Id: F3081
  • ResoSpecialListingConditions: None
  • Subdivision Name: Spiro Main Town
  • Directions: Turn South on South Ash go to 5th street and the Duplex sits on the Corner of South Ash and 5th St
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: No
  • Unit Levels: One
  • Reso Roof: Metal
  • Year Built: 2007
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 0.1597
  • Exclusions: Mineral rights & storage buildings (not owned by seller's)
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Unpaved Driveway

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Electricity Available, Other, Sewer Available, See Remarks, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Spiro
  • Ninth Grade High School: Spiro
  • Middle Or Junior School: Sprio

Lot Info

  • Lot Dimensions: 142X49
  • ResoLotSizeUnits: Acres
  • Parcel #: U001-00-058-000-0-001-00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 820.0
  • Tax Block: 58
  • Tax Lot: 1 & 2

MLS Schools

  • Elementary School: Spiro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 4, 2024
Sold by
Forrest Clyde W and Forrest Donna M
Bought by
Harper Michael D
Seller's Agent
C. Anne Campbell
McGraw REALTORS
Buyer's Agent
Hollie Byers
McGraw REALTORS
List Price
$149,000
Sold Price
$139,000
Premium/Discount to List
-$10,000
-6.71%
Views
17
Current Estimated Value
$133,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,392
Avg. Annual Appreciation
-1.85%

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 29, 2020
Sold by
Starals Rentals Llc
Bought by
Forrest Clyde V and Forrest Donna M
Seller's Agent
Marsha Sharp
Marsha Rogers Realty, Inc.
Buyer's Agent
Hollie Byers
McGraw REALTORS
List Price
$88,000
Sold Price
$78,000
Premium/Discount to List
-$10,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%
Original Mortgage
$66,300
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 25, 2007
Sold by
Heinrich Robert G and Heinrich Linda S
Bought by
Clark Starla

Purchase Details

Closed on
Oct 4, 2006
Sold by
Jackson Alphonso
Bought by
Heinrich Robert G and Heinrich Linda S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Harper Michael D $139,000 Alliant National Title
Forrest Clyde V $78,000 Adams Abstract Company Inc
Clark Starla $4,000 --
Heinrich Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrest Clyde V $66,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2024 01/04/24 Sold $139,000 -6.7% $102 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $149,000 +91.0% $109 / Sq Ft
12/29/2020 12/29/20 Sold $78,000 -11.4% $57 / Sq Ft View Prior Sale
11/29/2020 11/29/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $88,000 -- $64 / Sq Ft
Source: Western River Valley Board of REALTORS®

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 $1,356 $15,290 $1,100 $14,190
2023 $883 $9,201 $743 $8,458
2022 $820 $9,201 $743 $8,458
2021 $824 $9,201 $743 $8,458
2020 $823 $9,298 $743 $8,555
2019 $919 $9,850 $743 $9,107
2018 $886 $9,493 $743 $8,750
2017 $916 $9,590 $743 $8,847
2016 $860 $9,157 $743 $8,414
2015 $753 $8,721 $743 $7,978
2014 $768 $8,807 $743 $8,064
Source: Public Records

Agents Affiliated with this Home

  • C. Anne Campbell

    Seller's Agent in 2024

    C. Anne Campbell

    McGraw REALTORS

    (479) 739-7705

    86 Total Sales

    C. Anne Campbell
    Section Image
  • Hollie Byers

    Seller Co-Listing Agent in 2024

    Hollie Byers

    McGraw REALTORS

    (479) 650-3072

    141 Total Sales

    Hollie Byers
    Section Image

  • M

    Seller's Agent in 2020

    Marsha Sharp

    Marsha Rogers Realty, Inc.

    (918) 649-5274

    56 Total Sales

    Marsha Sharp
    Section Image
See All Agents

Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1068995

APN: U001-00-058-000-0-001-00

Oklahoma Le Flore County Spiro 74959

115 SE 5th St Unit A & B, Spiro, OK

Not Listed for Sale

MultiFamily

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