NOT LISTED FOR SALE

306 S 6th St Luther, OK 73054

Estimated Value: $123,367 - $164,000

2 Beds
1 Bath
962 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $166,500 $173 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $846/month

6 Days on Market

Highlights

  • Interior Lot
  • Bungalow
  • High Speed Internet
  • Laundry Room
  • 1-Story Property
  • 1-minute walk to Booker T. Washington High School Memorial Park

About This Home

As of October 2024

***INVESTOR'S DREAM PACKAGE!!! TWO HOMES AND 6 CITY LOTS FOR ONE GREAT PRICE!!! An exceptional investment opportunity awaits with this unique package deal, offering two income-producing properties situated on a combined 6 city lots. Discover your next great investment with this adorable 2-bedroom, 1-bath bungalow nestled in the heart of Luther America! With 962 square feet of cozy living space, this home is the perfect blend of charm and potential. The other property is right next door and features a mobile home with a spacious 3 bedroom, 2 bathrooms and 1280 SF of living space. Tucked away on six spacious city lots in peaceful west Luther, you'll enjoy the serenity of small-town living with ample room to grow or expand.

Currently leased and serving as a rental property, this gem offers an excellent opportunity for savvy investors. Whether you're looking to add to your portfolio or dreaming of your own little slice of Luther, this bungalow and mobile home is ready to deliver!

Don't miss out on this rare find—schedule your showing today and start imagining the possibilities!

Property is being sold "as-is" with no repairs or warranties being made by seller. Listing agent is related to seller. See MLS 1131729 & 1131724

Last Agent to Sell the Property

Christie Rutledge

Modern Abode Realty Listed on: 08/27/2024

Modern Abode Realty

Co-Listed By

John Patterson

Modern Abode Realty

Last Buyer's Agent

Jamie Barnes Saxon

Oklahoma Country Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1937

Lot Details

  • 7,501 Sq Ft Lot
  • Interior Lot

Parking

  • No Garage

Home Design

  • Bungalow
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Luther Elementary School
  • Luther Middle School
  • Luther High School

Utilities

  • Window Unit Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23 & 24 / 007

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Legal Addition: Delaporte Second Add
  • Mandatory Association Dues Yn: No
  • Oven Energy: Gas
  • Property Level: One
  • Range Energy: Gas
  • School Junior High: Luther MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace Description: Gas Logs
  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Laundry Room
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 962

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: None
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

  • Cooling System: Window Unit
  • Heat System: Other
  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Public Utilities

Schools

  • Elementary School: Luther ES
  • High School: Luther HS

Lot Info

  • Acres: 0.1722
  • Land Sq Ft: 7501
  • Lot Description: Interior

Tax Info

  • Tax Block: 007
  • Tax Lot: 23 & 24

MLS Schools

  • School District: Luther

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 9, 2024
Sold by
Patterson John and Patterson Christie
Bought by
Red Dirt Holdings Llc
Seller's Agent
Christie Rutledge
Modern Abode Realty
Buyer's Agent
Jamie Barnes Saxon
Oklahoma Country Homes
List Price
$165,000
Sold Price
$166,500
Premium/Discount to List
$1,500
0.91%
Views
4
Current Estimated Value
$147,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,908
Avg. Annual Appreciation
-11.36%
Original Mortgage
$142,738
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 10, 2022
Sold by
Hollis Steve and Hollis Christine K
Bought by
Patterson Pat K and Pat K Patterson 1998 Revocable
Seller's Agent
Michael Reece
ERA Courtyard Real Estate
Buyer's Agent
Christie Rutledge
Modern Abode Realty
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Sherman Ray Revocable Living Trust
Bought by
Hollis Steve and Hollis Christine K
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
Red Dirt Holdings Llc -- Stewart-Ok City
Red Dirt Holdings Llc $166,500 Stewart-Ok City
Patterson Pat K $130,000 Oklahoma City Abstract & Ttl
Hollis Steve $39,500 Stewart Title Of Oklahoma In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Dirt Holdings Llc $142,738
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Sold $166,500 +0.9% $173 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $165,000 0.0% $172 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $165,000 +26.9% $172 / Sq Ft
01/10/2022 01/10/22 Sold $130,000 0.0% $58 / Sq Ft View Prior Sale
12/02/2021 12/02/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $130,000 -- $58 / 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 $745 $8,604 $876 $7,728
2023 $745 $8,195 $1,089 $7,106
2022 $510 $5,602 $894 $4,708
2021 $493 $5,336 $1,006 $4,330
2020 $475 $5,082 $949 $4,133
2019 $455 $4,840 $1,089 $3,751
2018 $90 $956 $0 $0
2017 $85 $909 $204 $705
2016 $82 $866 $206 $660
2015 $79 $826 $214 $612
2014 $76 $786 $192 $594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1131724

MLSOK

APN: 185477360