NOT LISTED FOR SALE

305 NW 16th St Lawton, OK 73507

Downtown Lawton Neighborhood

Estimated Value: $55,386 - $110,000

2 Beds
2 Baths
1,152 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $39,500 $34 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $441/month

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-minute walk to Newcombe Park
  • 1-Story Property
  • Fenced

About This Home

As of April 2021

Incredible investment opportunity in this redone duplex. Great location-centrally located, each unit has been remodeled and is ready for occupants. Each unit has all new paint, new wood laminate flooring, new thermopane windows, new doors, new cabinets, counters and fixtures. The duplex has a newly rebuilt porch railing, new siding and new exterior paint. A similar unit 2 blocks away brings in $800/month in rent. Both unit will have new central heat and air units upon an accepted contract before closing. This is an opportunity you don't want to pass up. The ROI on this unit is very good and since it's been all redone, there shouldn't be many major repairs for several years.

Last Agent to Sell the Property

Pam Marion

RE/MAX PROFESSIONALS (BO) License #104506 Listed on: 09/14/2020

RE/MAX PROFESSIONALS (BO)

Last Buyer's Agent

Nelson Marrero

COLDWELL BANKER SALUTE License #159918

COLDWELL BANKER SALUTE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $281

Lot Details

  • Lot Dimensions are 45'x50'
  • Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Wood Flooring
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Master Water Meter

Community Details

  • 2 Units
  • Gross Income $9,600

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$281

Lot Details

0

Listing Details

  • Age: 46+
  • Class: MULTI-FAMILY
  • Type: DUPLEX
  • Inside Inclusions: Window Covering
  • Outside Inclusions: Fence
  • Safety Features: Carbon Monoxide, Smoke/Heat Alarm
  • Style: 1 Story
  • Tax Assess Sq Ft: 1152
  • One Bedroom Unit Rents: 800
  • Income Values Per Mo Yr: Month
  • Total Leasable Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors: Hardwood
  • Square Footage: 1152

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Road Frontage: City Street

Utilities

  • Electricity: Public Service OK
  • Heating: Central, Electric
  • Sewer: City
  • Cooling: Central, Electric
  • Utilities: Sep. Meter (Electric), Mstr Meter (Water)

Lot Info

  • Zoning: R-2 2-Family Dwllng
  • Lot Size: 45'x50'

Rental Info

  • Paid By Owner: Water

Tax Info

  • Annual Taxes: $281.00

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Mclain Michael J and Mclain Pamela R
Bought by
Preferred Trust Company
Current Estimated Value
$76,597

Purchase Details

Closed on
Mar 29, 2011
Sold by
Brown Dana and Brown Darryl
Bought by
Mclain Michael J and Mclain Pamela R

Purchase Details

Closed on
Oct 1, 2007
Sold by
Pierce Donald and Tanner Brenda
Bought by
Brown Dana
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
Preferred Trust Company $13,000 Sovereign Title Services
Mclain Michael J $12,000 --
Brown Dana $17,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $39,500 -18.4% $34 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $48,400 +22.5% $42 / Sq Ft
12/16/2020 12/16/20 Off Market $39,500 -- --
09/14/2020 09/14/20 For Sale $48,400 -- $42 / 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 $456 $4,422 $900 $3,522
2024 $456 $4,211 $900 $3,311
2023 $456 $4,211 $900 $3,311
2022 $449 $4,211 $900 $3,311
2021 $299 $2,922 $1,013 $1,909
2020 $283 $2,783 $1,013 $1,770
2019 $281 $2,783 $1,013 $1,770
2018 $306 $3,073 $1,350 $1,723
2017 $262 $3,063 $1,340 $1,723
2016 $257 $2,918 $788 $2,130
2015 $279 $2,918 $788 $2,130
2014 $278 $2,918 $788 $2,130
Source: Public Records

Agents Affiliated with this Home

  • Pam Marion

    Seller's Agent in 2021

    Pam Marion

    RE/MAX

    (580) 248-8800

    50 in this area

    993 Total Sales

    Pam Marion
    Section Image
  • Nelson Marrero

    Buyer's Agent in 2021

    Nelson Marrero

    COLDWELL BANKER SALUTE

    (580) 678-2502

    19 in this area

    141 Total Sales

    Nelson Marrero
    Section Image
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Map

Source: Lawton Board of REALTORS®

MLS Number: 156717

Lawton Board of REALTORS®

APN: 0014441

Oklahoma Comanche County Lawton 73507 Downtown Lawton

305 NW 16th St, Lawton, OK

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