NOT LISTED FOR SALE

2225 N Gatewood Ave Oklahoma City, OK 73106

Gatewood Neighborhood

Estimated Value: $396,000 - $628,000

3 Beds
3 Baths
2,274 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $500,000 $220 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,284/month

13 Days on Market

Highlights

  • New Construction
  • Central Heating and Cooling System
  • Washer and Dryer
  • Balcony
  • Private Entrance
  • Historic Home

About This Home

As of December 2022

**PART OF A PACKAGE OF PROPERTIES...ONLY WILLING TO SELL AS A PACKAGE**

This is your chance to own a carefully curated selection of A tier rentals! These homes are extremely well cared for, updated and are currently 100% occupied. This Tri-plex is part of a larger package of properties being sold together as a turn key investment portfolio. All together there are 17 doors across 15 properties. The total cost for the portfolio is $2,785,000. The seller is currently looking to sell all together but may be willing to split the homes into smaller packages for the right offer. No showings until an agreeable contract is in place. Seller is selling the properties in AS-IS condition. This Tri-plex is currently 100% leased. Unit A is leased for $1,300 and the lease ends 6/30/2023. Unit B is rented for $1,199 and the lease ends 7/31/2023. Unit C is leased for $1,050 and the lease ends 10/13/2023. Total rent for the tri-plex is $3,549!

Last Agent to Sell the Property

Alex Hickman

Block One Real Estate Listed on: 10/15/2022

Co-Listed By

Maci Hickman

Block One Real Estate

Last Buyer's Agent

Alex Hickman

Block One Real Estate Listed on: 10/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,970 Sq Ft Lot
  • Private Entrance
  • Back Yard
  • Historic Home

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,274 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Eugene Field Elementary School
  • Douglass Middle School
  • Douglass High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 010 / 00B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,187

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Historical
  • Property Sub Type: Triplex
  • Handicap Yn: No
  • Legal Addition: Gatewood
  • Mandatory Association Dues Yn: No
  • Number1 Br Units: 3
  • Property Level: Two
  • School Junior High: Douglass MS
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 2020
  • Year Built Type: New Home
  • Special Features: NewHome

Interior Features

  • Features: Private Entry, Balcony, Window Treatments, Yard
  • Fireplace Description: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Total Sq Ft: 2274

Exterior Features

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

Garage/Parking

  • Total Parking: 4
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Schools

  • Elementary School: Eugene Field ES
  • High School: Douglass HS

Lot Info

  • Acres: 0.1600

Rental Info

  • Rent: 3549.00

Multi Family

  • Number Of Units: 3

Tax Info

  • Tax Block: 00B
  • Tax Lot: 010

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Dec 6, 2022
Sold by
Lvm Investments
Bought by
Kato And Duke Llc
Seller's Agent
Alex Hickman
Block One Real Estate
Buyer's Agent
Alex Hickman
Block One Real Estate
List Price
$530,000
Sold Price
$500,000
Premium/Discount to List
-$30,000
-5.66%
Views
26
Current Estimated Value
$496,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,335
Avg. Annual Appreciation
-0.24%
Original Mortgage
$2,475,000
Outstanding Balance
$375,276
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$121,389

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 30, 2021
Sold by
Gresham Sam L and Adams Lynette A
Bought by
Lvm Holdings Llc
Seller's Agent
Carla Splaingard
RE/MAX Preferred
Buyer's Agent
Beth Atkinson
Metro Group Brokers LLC
List Price
$429,900
Sold Price
$440,000
Premium/Discount to List
$10,100
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$296,057
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2019
Sold by
Graham Stephanie
Bought by
Gresham Sam L and Adams Lynette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,628
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2011
Sold by
Graham Janelle M and Janelle M Graham Living Trust
Bought by
Graham Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2001
Sold by
Vlahakis Edward and Vlahakis Marie A
Bought by
Janelle M Graham Living Trust
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
Kato And Duke Llc $2,550,000 Chicago Title
Lvm Holdings Llc $440,000 Chicago Title Oklahoma Co
Gresham Sam L $79,500 American Eagle Title Group
Graham Stephanie $72,000 American Eagle Title Group
Janelle M Graham Living Trust $28,000 Stewart Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kato And Duke Llc $2,475,000
Closed Kato & Duke Llc $2,475,000
Previous Owner Adams Lynette A $296,057
Previous Owner Gresham Sam L $362,664
Previous Owner Gresham Sam L $130,464
Previous Owner Gresham Sam L $490,688
Previous Owner Gresham Sam L $61,628
Previous Owner Graham Stephanie $45,515
Previous Owner Graham Stephanie $60,000
Previous Owner Graham Janelle M $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $500,000 -5.7% $220 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $530,000 +20.5% $233 / Sq Ft
09/03/2021 09/03/21 Sold $440,000 +2.3% $193 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $429,900 -- $189 / 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 $7,187 $60,115 $4,840 $55,275
2023 $7,187 $58,520 $4,840 $53,680
2022 $5,862 $49,830 $4,840 $44,990
2021 $4,742 $40,291 $4,746 $35,545
2020 $1,255 $10,535 $3,516 $7,019
2019 $928 $8,801 $3,260 $5,541
2018 $856 $8,545 $0 $0
2017 $827 $8,295 $3,184 $5,111
2016 $800 $8,054 $2,843 $5,211
2015 $805 $8,032 $2,835 $5,197
2014 $888 $7,797 $2,817 $4,980
Source: Public Records

Agents Affiliated with this Home

  • Alex Hickman

    Seller's Agent in 2022

    Alex Hickman

    Block One Real Estate

    (405) 488-4434

    1 in this area

    223 Total Sales

    Alex Hickman
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Maci Hickman

    Block One Real Estate

    (405) 249-8479

    1 in this area

    207 Total Sales

    Maci Hickman
    Section Image
  • Carla Splaingard

    Seller's Agent in 2021

    Carla Splaingard

    RE/MAX

    (405) 740-8980

    14 in this area

    77 Total Sales

    Carla Splaingard
    Section Image
  • Beth Atkinson

    Buyer's Agent in 2021

    Beth Atkinson

    Metro Group Brokers LLC

    (405) 831-6463

    1 in this area

    636 Total Sales

    Beth Atkinson
    Section Image
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Map

Source: MLSOK

MLS Number: 1034258

MLSOK

APN: 062229000

Oklahoma Oklahoma County Oklahoma City 73106 Gatewood

2225 N Gatewood Ave, Oklahoma City, OK

This home is located at 2225 N Gatewood Ave, Oklahoma City, OK 73106 since 15 October 2022 and is currently estimated at $496,665, approximately $218 per square foot. This property was built in 2020. 2225 N Gatewood Ave is a home located in Oklahoma County with nearby schools including Eugene Field Elementary School, F.D. Moon Middle School, and Douglass High School.

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