NOT LISTED FOR SALE

120 120 E First Velma, OK 73491

Estimated Value: $108,000 - $159,000

3 Beds
1.5 Baths
2,260 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2019

Last sale price $60,000 $27 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $774 / mo

224 Days on Market

Highlights

  • Family Room with Fireplace
  • Corner Lot
  • Formal Dining Room
  • Ranch Style House
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of July 2019

This home is located at 120 120 E First, Velma, OK 73491 since 13 August 2018 and is currently estimated at $135,704, approximately $60 per square foot. 120 120 E First is a home located in Stephens County with nearby schools including Velma-Alma Elementary School, Velma-Alma Middle School, and Velma-Alma High School.

Last Buyer's Agent

Jo Patton

PERKINS REALTY License #145941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Lot Details

  • Chain Link Fence
  • Corner Lot
  • Landscaped with Trees
  • Property is in good condition

Parking

  • Carport

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 2,260 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding
  • Storm Cellar or Shelter

Schools

  • Velma Elementary School

Utilities

  • Cooling Available
  • Central Heating
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Lot Details

0.88 Acres

Listing Details

  • OFFICELIST_ADDRESS: 120 E First
  • Second Address Number: 120
  • Home Age: 31-50 Years
  • Directions To Property: HWY 7 E. TO VELMA, N. AT SPEEDY G'S, LEFT ON OLD HWY 7 TO MAIN ST, N TO FIRST ST, Home on corner
  • Warranty: No Home Warranty
  • OCCUPANCY: Vacant
  • Price per Sq Ft: 26.55
  • Realtor Only: 3 Bedroom, 1 full bath and 1 half bath. 2 car carport. Water softener and hot water heaters are electric and are not plugged in. ,91 Acre lot with Pecan Trees. This property is now under auction terms. Pre-sale offers should be submitted through http://pro.williamsauction.com/
  • OFFICELIST_STATE: OK
  • Building Stories: Single Story
  • Building Style: Ranch
  • Sub Code: None
  • TaxAmountDollars: 728
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 44

Interior Features

  • Lower Floor 1 Half Bathrooms: 1
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Formal Dining, Live/Dine Combo
  • Kitchen Equipment: Electric Oven/Range, Dishwasher, Refrigerator, Water Soft/Cond
  • Fireplace: One Fireplace, Family Room, Woodburning
  • Lower Floor 1 Half Bathrooms: 1
  • Heating Cooling: Central Electric Heat, Central Electric Cool, Vents in Ceiling
  • Other Rooms: Family Room, Florida Room, Inside Utility, Storm Shelter
  • Estimated Sq Ft: 1801-2200
  • Basement Type: Single House

Exterior Features

  • Property Condition: Good Condition
  • Exterior: Stone or Brick
  • Water Extras: Some Carpeting, Covered Patio, Outbuildings
  • Lot: Corner Lot, Trees, Chain Link Fence, Storm Cellar
  • Roof: Composition

Garage/Parking

  • Garage Spaces: Carport

Utilities

  • Flood Insurance: Not Required
  • Water and Sewer: Public Water, Public Sewer

Association/Amenities

  • SPECIALAMENITIES: Thermopane

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Velma

Lot Info

  • Lot Size: Less than 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Levi Williams
Bought by
Williams Shannon
Current Estimated Value
$135,704

Purchase Details

Listed on
Aug 13, 2018
Closed on
May 14, 2019
Sold by
Bgrs Llc
Bought by
Williams Levi and Williams Shannon
Buyer's Agent
Jo Patton
PERKINS REALTY
List Price
$85,000
Sold Price
$60,000
Premium/Discount to List
-$25,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$48,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Bethany Glen Wayne and Corn Bethany Linda Jane
Bought by
Anderson Billy A and Anderson Sherry L
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
Williams Shannon -- None Listed On Document
Williams Levi $60,000 Stephens Co Abstract Co
Anderson Billy A $96,000 Stewart Abstract & Title Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Levi $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $60,000 -29.4% $27 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
08/13/2018 08/13/18 For Sale $85,000 -- $38 / Sq Ft
Source: Duncan Association 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 $722 $9,507 $643 $8,864
2024 $646 $8,624 $643 $7,981
2023 $646 $8,623 $643 $7,980
2022 $574 $8,213 $643 $7,570
2021 $595 $7,822 $643 $7,179
2020 $529 $7,095 $643 $6,452
2019 $491 $7,425 $643 $6,782
2018 $747 $10,863 $643 $10,220
2017 $725 $11,147 $643 $10,504
2016 $720 $10,507 $643 $9,864
2015 $696 $10,201 $719 $9,482
2014 $696 $10,201 $719 $9,482
Source: Public Records

Agents Affiliated with this Home

  • Jo Patton

    Buyer's Agent in 2019

    Jo Patton

    PERKINS REALTY

    (580) 255-8137

    16 Total Sales

    Jo Patton
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Map

Source: Duncan Association of REALTORS®

MLS Number: 33613

APN: 5030-00-004-011-0-000-00

Oklahoma Stephens County Velma 73491

120 120 E First, Velma, OK

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