Seller's Agent in 2024
Timberly Smith
Chamberlain Realty LLC
(405) 990-1837
2 in this area
87 Total Sales
3922 N Classen Blvd Oklahoma City, OK 73118
38th Street Preservation NeighborhoodEstimated Value: $943,000 - $1,088,390
12
Beds
12
Baths
7,698
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- 28,802 Sq Ft lot
- 6 Fireplaces
- Furnished
- Midcentury Modern Architecture
- Corner Lot
- Laundry Room
About This Home
As of January 2024Are you looking to increase your rental portfolio? With a 6.29% ROI & a gross income of $95,315 in 2022, you can't go wrong with these three mid century ranch style duplexes. Located on over a half acre lot in the Putnam Heights addition & the corner of Classen Boulevard & NW 39th street. All units have had some remodel work done, separately metered & each having two parking spaces, one of those being covered. Five units have two bedrooms & one and a half baths. One unit has two bedrooms & two baths. Four units have long term tenants & two units are beautifully furnished short term rentals. All have a wood burning fireplace, stainless steel appliances & solid core countertops in the kitchen plus a large laundry room with a washer & dryer. Four units have a fenced area. All furnishings in the short term rentals & all appliances in the three duplexes remain. Unit 1236 "The Artist Villa" was rated Guest Favorite by AirBNB! This property is located on the historic Route 66 and a central hub to the city. Minutes to downtown OKC, the Paseo district, Uptown 23rd street, the Plaza District, Classen Curve, Zoo, Penn Square mall, the fair grounds & much more. One block West of Western avenue's shopping and dining. Easy access to major highways! If you decide to buy this gem of a property, you would be only the 3rd owner. Please do not disturb the tenants or walk the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,251
Year Built
- Built in 1954
Lot Details
- 0.66 Acre Lot
- Corner Lot
Home Design
- Midcentury Modern Architecture
- Slab Foundation
- Brick Frame
- Composition Roof
Interior Spaces
- 7,698 Sq Ft Home
- 1-Story Property
- Furnished
- 6 Fireplaces
- Wood Burning Fireplace
- Window Treatments
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 12 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 14 Parking Spaces
- Driveway
Schools
- Nichols Hills Elementary School
- John Marshall Middle School
- John Marshall High School
Utilities
- Central Heating and Cooling System
- Water Heater
Community Details
- 6 Units
- Gross Income $95,315
Listing and Financial Details
- Legal Lot and Block 1 & 2 / 021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2023
Closed on
Jan 26, 2024
Sold by
Smith Barbara R
Bought by
Suhal Mahid
Seller's Agent
Timberly Smith
Chamberlain Realty LLC
Buyer's Agent
Orjana Bleta
Fidelity Real Estate Brokers
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63
Avg. Annual Appreciation
-0.83%
Original Mortgage
$784,000
Outstanding Balance
$774,564
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$192,998
Purchase Details
Closed on
Dec 23, 2013
Sold by
Fretwell Enterprises Lp
Bought by
Smith Barbara R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Suhal Mahid | $980,000 | American Security Title | |
| Smith Barbara R | $395,000 | Stewart Abstract & Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Suhal Mahid | $784,000 | |
| Previous Owner | Smith Barbara R | $300,000 | |
| Previous Owner | Smith Barbara R | $316,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2024 01/24/24 | Sold | $980,000 | -1.5% | $127 / Sq Ft |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 12/13/2023 12/13/23 | For Sale | $995,000 | 0.0% | $129 / Sq Ft |
| 11/30/2023 11/30/23 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $995,000 | -- | $129 / Sq Ft |
Source: MLSOK
Tax History Compared to Growth
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 | $6,251 | $53,443 | $10,713 | $42,730 |
| 2023 | $6,251 | $50,899 | $11,662 | $39,237 |
| 2022 | $5,702 | $48,475 | $11,182 | $37,293 |
| 2021 | $5,434 | $46,167 | $11,979 | $34,188 |
| 2020 | $5,236 | $43,969 | $11,409 | $32,560 |
| 2019 | $4,983 | $41,875 | $9,415 | $32,460 |
| 2018 | $4,524 | $39,882 | $0 | $0 |
| 2017 | $4,530 | $39,968 | $10,105 | $29,863 |
| 2016 | $4,535 | $39,979 | $10,105 | $29,874 |
| 2015 | $4,925 | $43,015 | $7,128 | $35,887 |
| 2014 | $4,897 | $43,015 | $7,128 | $35,887 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Orjana Bleta
Fidelity Real Estate Brokers
(405) 388-3575
1 in this area
104 Total Sales
-
Buyer Co-Listing Agent in 2024
Andi Bytyqi
Fidelity Real Estate Brokers
(405) 205-7585
1 in this area
24 Total Sales
Map
Source: MLSOK
MLS Number: 1089728
APN: 054853474
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