NOT LISTED FOR SALE

5001 N Western Ave Oklahoma City, OK 73118

Helm Farm Neighborhood
5 Beds
8 Baths
7,200 Sq Ft
0.35 Acres

Last Sold April 29, 2022

Last sale price $900,000 $125 Per Sq Ft

115 Days on Market

Highlights

  • 0.35 Acre Lot
  • Central Heating and Cooling System
  • South Facing Home
  • Corner Lot

About This Home

As of April 2022

Rare opportunity to purchase multi-use space in one of Oklahoma City's most dynamic and thriving districts. This unique, historic property affords endless options for live/work, retail, office, and more. The lower floor boasts a commercial kitchen and could easily be revived for dining, a coffee shop, or a bakery. Upper floors provide both wide open spaces and private rooms. One is only limited by their imagination in this fantastic structure that is waiting for the next chapter in it's story. Located within minutes of I-44, 235, and downtown OKC.

Last Agent to Sell the Property

Joy Baresel

Engel & Völkers Oklahoma City Listed on: 10/09/2021

Engel & Völkers Oklahoma City

Last Buyer's Agent

Peter Ho

Ace Group Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,573

Year Built

  • Built in 1940

Lot Details

  • 0.35 Acre Lot
  • South Facing Home
  • Corner Lot

Home Design

  • Combination Foundation
  • Composition Roof
  • Masonry

Interior Spaces

  • 7,200 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • M.L. King Jr. Elementary School
  • Moon Middle School
  • Douglass High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Block 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,573

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Other
  • Property Sub Type: Single Family
  • Inlaw Plan Yn: No
  • Legal Addition: Isle View Sub Add
  • Mandatory Association Dues Yn: No
  • Property Faces: South
  • Property Level: Multi
  • School Junior High: Moon MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1940
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 5
  • Total Bathrooms: 2.60
  • Full Bathrooms: 2
  • Half Bathrooms: 6
  • Living Areas: 1
  • Total Sq Ft: 7200

Exterior Features

  • Construction: Masonry Vaneer
  • Pool: No
  • Exterior Features: None
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

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

Schools

  • Elementary School: M.L. King Jr. ES
  • High School: Douglass HS

Lot Info

  • Acres: 0.3466
  • Land Sq Ft: 15098
  • Lot Description: Corner

Tax Info

  • Tax Block: 001
  • Tax Lot: 000

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Apr 29, 2022
Sold by
Iglesia Building Llc
Bought by
R & N Cajun Properties Llc
Seller's Agent
Joy Baresel
Engel & Völkers Oklahoma City
Buyer's Agent
Peter Ho
Ace Group Realty LLC
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%

Purchase Details

Closed on
May 3, 2017
Sold by
Prosperity Bank
Bought by
Iglesia Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2016
Sold by
Sheriff Of Oklahoma County
Bought by
Prosperity Bank

Purchase Details

Closed on
Oct 28, 2005
Sold by
Majma Joe and Majma Jennifer
Bought by
G W Dawson Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1997
Sold by
Murray Susan R and Murray Robert Eugene
Bought by
Majma Joe and Buckmaster Jennifer
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
R & N Cajun Properties Llc $900,000 None Listed On Document
Iglesia Building Llc -- Oklahoma City Abstract Title
Prosperity Bank -- Attorney
G W Dawson Companies Llc $355,000 Capitol Abstract & Title Co
Majma Joe $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed R & N Cajun Properties Llc $151,661
Previous Owner Iglesia Building Llc $640,000
Previous Owner G W Dawson Companies L L C $199,100
Previous Owner G W Dawson Companies Llc $35,000
Previous Owner G W Dawson Companies Llc $355,000
Closed Prosperity Bank $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $900,000 -18.2% $125 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
11/09/2021 11/09/21 Price Changed $1,100,000 -12.0% $153 / Sq Ft
10/09/2021 10/09/21 For Sale $1,250,000 -- $174 / 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 $13,573 $123,710 $9,966 $113,744
2023 $13,573 $110,510 $9,966 $100,544
2022 $12,067 $102,582 $9,251 $93,331
2021 $11,499 $97,698 $8,811 $88,887
2020 $11,080 $93,046 $8,391 $84,655
2019 $10,545 $88,616 $9,966 $78,650
2018 $10,053 $88,616 $0 $0
2017 $6,404 $56,497 $5,982 $50,515
2016 $6,103 $53,807 $4,231 $49,576
2015 $5,868 $51,245 $4,030 $47,215
2014 $5,556 $48,805 $7,851 $40,954
Source: Public Records

Agents Affiliated with this Home

  • Joy Baresel

    Seller's Agent in 2022

    Joy Baresel

    Engel & Völkers Oklahoma City

    (405) 826-7465

    5 in this area

    294 Total Sales

    Joy Baresel
    Section Image
  • Peter Ho

    Buyer's Agent in 2022

    Peter Ho

    Ace Group Realty LLC

    (405) 531-7500

    2 in this area

    72 Total Sales

    Peter Ho
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 980079

MLSOK

APN: 056055250

Oklahoma Oklahoma County Oklahoma City 73118 Helm Farm

5001 N Western Ave, Oklahoma City, OK

This home is located at 5001 N Western Ave, Oklahoma City, OK 73118 since 09 October 2021. This property was built in 1940. 5001 N Western Ave is a home located in Oklahoma County with nearby schools including M.L. King Jr. Elementary School, F.D. Moon Middle School, and Douglass High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSOK IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market.
Copyright 2025 MLSOK, Inc. All rights reserved.

Nearby Homes