NOT LISTED FOR SALE

305 NE 3rd St Moore, OK 73160

Estimated Value: $605,364

1 Bed
6 Baths
4,356 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $490,000 $112 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,739/month

83 Days on Market

About This Home

As of July 2021

Investors get instant cash flow with this well maintained 6 unit property. New roof installed 4-8-2021. All 6 units have tenants, are rented at $650 on a month to month basis, and could possibly rent for a little more. The building is currently designated as a senior living dwelling but you do not have to keep it that way. This property is located in a quiet neighborhood and close to various amenities. All units are one bedroom / one bath with washer and dryer included. Kitchen has large pantry and lots of cabinet space. Bedroom is generously sized with big walk in closet. Termite treatment was completed on 9-3-2019. This is a good opportunity to own a great investment property.

Last Agent to Sell the Property

David Smith

Icon Realty Listed on: 01/21/2021

Last Buyer's Agent

Jamie Silvest

Platinum Realty LLC

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 0.3 Acre Lot

Home Design

  • Dallas Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1 Bedroom
  • 4,356 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Winding Creek Elementary School
  • Highland East JHS Middle School
  • Moore High School

Community Details

  • 6 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Dallas
  • Property Sub Type: More Than 4 Units
  • Legal Addition: Lawrence-Brown
  • Mandatory Association Dues Yn: No
  • Number1 Br Units: 6
  • School Junior High: Highland East JHS
  • Stories: 1.0000
  • Third Party Comments: No
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Total Bedrooms: 1
  • Total Sq Ft: 4356

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Slab
  • Roof: Composition

Schools

  • Elementary School: Winding Creek ES
  • High School: Moore HS

Lot Info

  • Land Sq Ft: 13068

Rental Info

  • Rent: 650.00

Multi Family

  • Number Of Units: 6

Tax Info

  • Tax Block: 1
  • Tax Lot: 1

MLS Schools

  • School District: Moore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Jul 22, 2021
Sold by
Blair Holdings Lp
Bought by
Gardn Keith and Gardn Marjorie
Seller's Agent
David Smith
Icon Realty
Buyer's Agent
Jamie Silvest
Platinum Realty LLC
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%
Current Estimated Value
$605,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,364
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Jan 30, 2014
Sold by
The Wisecat Group Llc
Bought by
Blair Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2013
Sold by
Dmb Housing Inc
Bought by
The Wisecat Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,622
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gardn Keith $490,000 Chicago Title Oklahoma Co
Blair Holdings Lp $425,000 Fatco
The Wisecat Group Llc $323,000 The Oklahoma City Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blair Holdings Lp $340,000
Previous Owner The Wisecat Group Llc $322,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $490,000 -7.5% $112 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $530,000 -0.9% $122 / Sq Ft
03/24/2021 03/24/21 For Sale $535,000 0.0% $123 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $535,000 0.0% $123 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $535,000 -- $123 / 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
2023 $7,753 $63,609 $4,433 $59,176
2022 $7,494 $60,580 $4,704 $55,876
2021 $6,027 $48,487 $5,488 $42,999
2020 $5,833 $46,919 $3,920 $42,999
2019 $5,939 $46,919 $3,920 $42,999
2018 $5,942 $46,919 $3,920 $42,999
2017 $5,973 $46,919 $0 $0
2016 $6,015 $46,919 $3,920 $42,999
Source: Public Records

Agents Affiliated with this Home

  • David Smith

    Seller's Agent in 2021

    David Smith

    Icon Realty

    (405) 638-6215

    3 in this area

    54 Total Sales

    David Smith
    Section Image

  • J

    Buyer's Agent in 2021

    Jamie Silvest

    Platinum Realty LLC

    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 942350

MLSOK

APN: R0152914

Oklahoma Cleveland County Moore 73160

305 NE 3rd St, Moore, OK

Not Listed for Sale

MultiFamily

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