$1,050,100
SOLD JUN 11, 2024

423 S Duncan St Unit A-C Stillwater, OK 74074

9 Beds
9 Baths
5,400 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

1% Below List Price

65 Days on Market

Highlights

  • Modern Architecture
  • 3 Fireplaces
  • Central Heating and Cooling System
  • Stillwater Junior High School Rated A
  • Corner Lot

About This Home

As of June 2024

Seize the opportunity to invest in a prime real estate asset just a 10-minute walk from the vibrant Oklahoma State University Campus. This modern property, constructed in 2020, encompasses 5,400 square feet divided into three separate units. Each unit offers a spacious layout with 3 bedrooms and 2 bathrooms, currently generating $1,800 monthly per unit in rental income. Uniquely, every unit is individually metered, ensuring tenants are responsible for all utility costs. This arrangement not only simplifies management but also maximizes profitability for an astute investor.

Last Agent to Sell the Property

Heston Bush

Chinowth & Cohen Listed on: 03/18/2024

Last Buyer's Agent

Non MLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,147

Year Built

  • Built in 2020

Lot Details

  • 7,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Will Rogers Elementary School
  • Stillwater JHS Middle School
  • Stillwater High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • 3 Units
  • Gross Income $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,147

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Modern
  • Property Sub Type: Other
  • Legal Addition: College Add
  • Mandatory Association Dues Yn: No
  • Number3 Br Units: 3
  • School Junior High: Stillwater JHS
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Features: Fireplace, Washer/Dryer Hookup
  • Fireplace Description: Other
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
  • Fireplaces: 3
  • Total Bedrooms: 9
  • Total Bathrooms: 6.30
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Sq Ft: 5400

Exterior Features

  • Construction: Vinyl
  • Foundation: Post Tension
  • Roof: Composition

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

  • Elementary School: Will Rogers ES
  • High School: Stillwater HS

Lot Info

  • Land Sq Ft: 7000
  • Lot Description: Campus Area, Corner

Rental Info

  • Rent: 5400.00

Multi Family

  • Number Of Units: 3

MLS Schools

  • School District: Stillwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jun 27, 2024
Sold by
Perry Mark A and Perry Mary C
Bought by
Akers Patricia Ann and Akers Kent D
Seller's Agent
Heston Bush
Chinowth & Cohen
Buyer's Agent
Non MLS Member
List Price
$1,060,000
Sold Price
$1,050,100
Premium/Discount to List
-$9,900
-0.93%
Total Days on Market
65
Views
78
Current Estimated Value
$645,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$404,318
Avg. Annual Appreciation
-43.11%

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jun 11, 2024
Sold by
Perry Mark A and Perry Mary C
Bought by
Akers Patricia Ann and Akers Kent D
Seller's Agent
Heston Bush
Chinowth & Cohen
Buyer's Agent
Non MLS Member
List Price
$1,060,000
Sold Price
$1,050,100
Premium/Discount to List
-$9,900
-0.93%
Views
78

Purchase Details

Closed on
Jan 17, 2020
Sold by
Windle Pauline Heather and Windle Heather P
Bought by
Perry Mark A and Perry Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2011
Sold by
Huang Charles and Huang Jennifer
Bought by
The Windle Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,601
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2006
Sold by
Malin Investments Llc
Bought by
Huang Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,150
Interest Rate
6.64%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $383,833 Community Escrow & Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $515,000 Commercial
Previous Owner $86,601 Unknown
Previous Owner $121,150 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $1,050,100 -0.9% $194 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,060,000 -- $196 / 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 $7,147 $70,293 $8,452 $61,841
2023 $7,147 $66,946 $8,907 $58,039
2022 $6,454 $63,758 $6,505 $57,253
2021 $6,023 $60,722 $6,651 $54,071
2020 $1,301 $13,117 $6,783 $6,334
2019 $1,330 $13,118 $6,783 $6,335
2018 $1,573 $15,547 $4,809 $10,738
2017 $1,496 $14,806 $3,664 $11,142
2016 $1,455 $14,101 $3,355 $10,746
2015 $1,405 $13,429 $3,061 $10,368
2014 $1,349 $12,790 $2,781 $10,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1104270

MLSOK

APN: 600023190