NOT LISTED FOR SALE

Estimated Value: $180,000 - $273,000

4 Beds
3 Baths
1,765 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $129,000 $73 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,258/month

25 Days on Market

Highlights

  • Laundry Room
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Storage
  • 1-Story Property
  • 3-minute walk to Olson Park

About This Home

As of January 2016

Great investment property that is only 9 years old, and is still owned by the builder. This is a duplex and each unit is separately metered for both water and electric. Each unit is a 2 bedroom unit with 1 1/2 bath, 1 car garage, large open living, dining & kitchen area. The tenant in Unit A has been there 8 years and pays $650 per month. Unit B is vacant so a buyer could purchase the property, live in one side and rent the other side.

Last Agent to Sell the Property

Kimberly Thomas

RE/MAX PROFESSIONALS License #148264 Listed on: 11/12/2015

RE/MAX PROFESSIONALS

Last Buyer's Agent

Terri Strecker

RE/MAX PROFESSIONALS License #149689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $971

Year Built

  • Built in 2006

Lot Details

  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Schools

  • Washington Elementary School
  • Central Middle School
  • Lawton High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Separate Meters
  • Separate Water Meter
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Built by Glen Hamilton

Building Details

  • Net Operating Income $13,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$971

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Age: 6 - 10
  • Class: MULTI-FAMILY
  • Type: DUPLEX
  • Homebuilder: Glen Hamilton
  • Inside Inclusions: Window Covering, Garage Door Opener, Storage, Washer Connection, Dryer Connection, Pantry
  • Outside Inclusions: Separate Laundry Room, Fence, Cable TV
  • Safety Features: Smoke/Heat Alarm
  • Style: 1 Story
  • Tax Assess Sq Ft: 1784
  • Year Built: 2006
  • Average Annual Net Operating Income: 13680
  • Average Annual Expenses: 1920
  • Two Bedroom Unit Rents: 650
  • Exp Values Per Mo Yr: Month
  • Gross Expenses: 1920
  • Income Values Per Mo Yr: Month
  • Total Leasable Sq Ft: 1784
  • Second Address Number: 1208
  • Geo Longitude: -98.4068145751953
  • Geo Subdivision: OK
  • OFFICELIST_STATE: OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dishwasher, Disposal, Single Oven, Electric, Washer, Dryer, Garbage Disposal
  • Floors: Ceramic Tile, Carpet Partial
  • Square Footage: 1765

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Road Frontage: City Street, Paved

Utilities

  • Electricity: Public Service OK
  • Heating: Central, Electric, Heat Pump
  • Sewer: City
  • Cooling: Central, Electric, Heat Pump
  • Laundry Facilities: WITHIN EACH UNIT
  • Utilities: Sep. Meter (Electric), Sep. Meter (Water), Sep. Cable

Schools

  • Elementary School: Washington
  • Middle School: Central
  • High School: Lawton
  • Elementary School: Washington
  • Middle School: Central
  • Senior High School: Lawton

Lot Info

  • Lot Size: 25,640.466 sq. ft.

Rental Info

  • Gross Rental Income: 15600

Tax Info

  • Annual Taxes: 970.64
  • Tax Year: 2014

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jan 4, 2016
Sold by
Hamilton Glen and Hamilton Jackie
Bought by
Sibley Keith
Seller's Agent
Kimberly Thomas
RE/MAX PROFESSIONALS
Buyer's Agent
Terri Strecker
RE/MAX PROFESSIONALS
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%
Current Estimated Value
$212,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,667
Avg. Annual Appreciation
5.23%
Original Mortgage
$131,071
Outstanding Balance
$103,896
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$108,771

Purchase Details

Closed on
Mar 1, 2004
Sold by
Boatsman & Sapp~Enterprises Inc

Purchase Details

Closed on
Jul 17, 1998
Sold by
Boatsman Richard

Purchase Details

Closed on
Dec 23, 1997
Sold by
Schott Barbara Glass
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
Sibley Keith $13,000 Sovereign Title Services
-- -- --
-- -- --
-- $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibley Keith $131,071
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2016 01/04/16 Sold $129,000 -7.8% $73 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $139,900 -- $79 / Sq Ft
Source: Lawton Board of REALTORS®

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
2025 $1,611 $15,634 $855 $14,779
2024 $1,611 $15,634 $855 $14,779
2023 $1,611 $14,181 $855 $13,326
2022 $1,439 $13,506 $855 $12,651
2021 $1,316 $12,862 $855 $12,007
2020 $1,425 $14,013 $855 $13,158
2019 $1,432 $14,180 $855 $13,325
2018 $1,428 $14,346 $855 $13,491
2017 $1,256 $14,679 $855 $13,824
2016 $1,285 $14,620 $855 $13,765
2015 $971 $10,964 $855 $10,109
2014 $922 $10,442 $855 $9,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lawton Board of REALTORS®

MLS Number: 143319

Lawton Board of REALTORS®

APN: 160028750