NOT LISTED FOR SALE

218 N Market Ave Shawnee, OK 74801

Estimated Value: $291,000 - $391,651

6 Beds
6 Baths
5,572 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $335,000 $60 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,218/month

About This Home

As of October 2022

BACK ON THE MARKET!! Buyers decided not to close due to personal issues! No fault of sellers.
This 6 unit apartment complex is a great addition to your investment portfolio. It is 100% occupied and it stays occupied most of the time. It includes a fridge, washer, dryer, microwave and range. All appliances stay. Some units have been updated. Lot next door included in the price, potential for a second multifamily structure or storage units. Mineral rights not included with the sale. Buyer to see units upon signed contract. Units lease for $500/mo.
DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Evelyn Tilman

Chamberlain Realty LLC Listed on: 03/25/2022

Chamberlain Realty LLC

Last Buyer's Agent

Lindsey McCabe

Copper Creek Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1985

Lot Details

  • 0.36 Acre Lot

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,572 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Jefferson Elementary School
  • Shawnee Middle School
  • Shawnee High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Bungalow
  • Property Sub Type: More Than 4 Units
  • Legal Addition: Ap Shawnee
  • Number1 Br Units: 6
  • Property Level: Two
  • School Junior High: Shawnee MS
  • Third Party Comments: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Features: Laundry
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Total Sq Ft: 5572

Exterior Features

  • Construction: Frame, Vinyl
  • Foundation: Conventional
  • Roof: Composition

Schools

  • Elementary School: Jefferson ES
  • High School: Shawnee HS

Lot Info

  • Land Sq Ft: 15890

MLS Schools

  • School District: Shawnee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Oct 11, 2022
Sold by
Farney Michael D and Farney Cynthia D
Bought by
Elite Construction Group Llc
Seller's Agent
Evelyn Tilman
Chamberlain Realty LLC
Buyer's Agent
Lindsey McCabe
Copper Creek Real Estate
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%
Views
49
Current Estimated Value
$353,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,663
Avg. Annual Appreciation
2.44%
Original Mortgage
$260,000
Outstanding Balance
$177,281
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$182,613

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 22, 2018
Sold by
Scott Bobby G and Scott Betty L
Bought by
Farney Michael D and Farney Cynthia D
Seller's Agent
Ladonna Jones Bryce
BRYCE REALTY GROUP LLC
Buyer's Agent
Brandon Just
Homestead + Co
List Price
$160,000
Sold Price
$161,000
Premium/Discount to List
$1,000
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$128,800
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Elite Construction Group Llc $335,000 First American Title
Farney Michael D $161,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Construction Group Llc $260,000
Previous Owner Farney Michael D $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $335,000 -8.2% $60 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $365,000 -5.2% $66 / Sq Ft
07/06/2022 07/06/22 For Sale $385,000 0.0% $69 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $385,000 +139.1% $69 / Sq Ft
10/22/2018 10/22/18 Sold $161,000 +0.6% $58 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $160,000 -- $57 / 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 $4,200 $42,210 $4,711 $37,499
2023 $4,200 $40,200 $4,673 $35,527
2022 $1,916 $18,679 $3,378 $15,301
2021 $1,856 $18,418 $3,378 $15,040
2020 $1,914 $18,947 $3,378 $15,569
2019 $2,033 $19,471 $3,378 $16,093
2018 $807 $7,888 $990 $6,898
2017 $758 $7,512 $1,158 $6,354
2016 $730 $7,155 $1,102 $6,053
2015 $682 $6,814 $1,166 $5,648
2014 $649 $6,490 $605 $5,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1001752

MLSOK

APN: 001500017007000000