NOT LISTED FOR SALE

1422 E Fairview Ave Nowata, OK 74048

Estimated Value: $83,000

-- Bed
2 Baths
7,500 Sq Ft
$11/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $120,000 $16 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $560/month

137 Days on Market

Highlights

  • 1.36 Acre Lot
  • Heating System Uses Gas
  • 1-Story Property
  • Storage Shed

About This Home

As of March 2024

Vacant commercial property on 1.4 acres of land! 75000 sqft of blank slate for you to make your own! Located in the country, but sits right by the border of Nowata city limits with walking distance of Downtown. Structure is a red iron shop building, structure is good and some panels were changed last year. Open floor has been cleared out inside and is medical marijuana business friendly. Property has city water, natural gas, AEP electric on site. Electric is 400AMP single phase.

Last Agent to Sell the Property

Erin Catron

Erin Catron & Company, LLC License #171511 Listed on: 09/22/2023

Last Buyer's Agent

Erin Catron

Erin Catron & Company, LLC License #171511 Listed on: 09/22/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,189

Year Built

  • Built in 1974

Lot Details

  • 1.36 Acre Lot
  • Possible uses of the property include Food Service, Mixed Use, Recreational
  • Zoning described as Rural Com

Parking

  • Parking Available

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 7,500 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Storage Shed

Utilities

  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Nowata Co Unplatted Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$1,189

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: Intersection of Hwy 169 & 60, go E 1/4 mile to Y - go Rt to building.
  • Property Sub Type: Recreation
  • Prop. Type: Commercial Sale
  • Year Built: 1974
  • Lot Size Acres: 1.36
  • Subdivision Name: Nowata Co Unplatted
  • Unit Levels: One
  • Building Stories: 1
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Other
  • Possible Use: Food Service, Mixed Use, Recreational
  • Living Area: 7500.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other, Storage
  • Fencing: None
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public
  • Green Building Features: Other
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, None
  • Heating Yn: No

Schools

  • Junior High Dist: Nowata - Sch Dist (N2)

Lot Info

  • Lot Size Sq Ft: 59242.0
  • Additional Parcels: No
  • Zoning Description: Rural Com
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1189.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Mar 27, 2024
Sold by
Nasir Adeel and Ambreen Adeel
Bought by
Hamm Construction Services Llc
Seller's Agent
Erin Catron
Erin Catron & Company, LLC
Buyer's Agent
Erin Catron
Erin Catron & Company, LLC
List Price
$155,000
Sold Price
$120,000
Premium/Discount to List
-$35,000
-22.58%
Views
207
Current Estimated Value
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,000
Original Mortgage
$250,886
Outstanding Balance
$244,756
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 17, 2020
Sold by
Regent Bank
Bought by
Nasir Adeel
Seller's Agent
Chuck Bellatti
Arrowhead Land Company LLC
Buyer's Agent
Chuck Bellatti
Arrowhead Land Company LLC
List Price
$90,000
Sold Price
$60,000
Premium/Discount to List
-$30,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.77%

Purchase Details

Closed on
Jan 10, 2017
Sold by
Lewis Jerry L and Lewis Debbie Annette
Bought by
Regent Bank

Purchase Details

Closed on
Aug 10, 2011
Sold by
Lewis Jerry and Lewis Debbie
Bought by
Lewis Jerry
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hamm Construction Services Llc $120,000 Apex Title
Nasir Adeel $60,000 None Available
Regent Bank $99,321 None Available
Lewis Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamm Construction Services Llc $250,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $120,000 -20.0% $16 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $150,000 -3.2% $20 / Sq Ft
09/22/2023 09/22/23 For Sale $155,000 +158.3% $21 / Sq Ft
12/29/2020 12/29/20 Sold $60,000 -33.3% $8 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $90,000 -- $12 / Sq Ft
Source: MLS Technology

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 $1,304 $13,207 $1,364 $11,843
2023 $1,304 $12,578 $1,142 $11,436
2022 $1,189 $12,578 $1,142 $11,436
2021 $1,193 $12,578 $1,142 $11,436
2020 $1,216 $12,578 $1,142 $11,436
2019 $1,227 $12,585 $1,142 $11,443
2018 $1,439 $15,000 $1,200 $13,800
2017 $1,448 $15,000 $1,200 $13,800
2016 $1,359 $15,000 $1,200 $13,800
2015 $1,390 $15,000 $1,200 $13,800
2014 $1,472 $15,000 $1,200 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Technology

MLS Number: 2329961

MLS Technology

APN: 0000-32-26N-16E-2-001-00