NOT LISTED FOR SALE

502 N Locust Ave Elk City, OK 73644

Estimated Value: $96,000 - $125,000

2 Beds
1 Bath
1,056 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $45,225 $43 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $678/month

Highlights

  • Corner Lot
  • Bungalow
  • Central Heating and Cooling System
  • Separate Outdoor Workshop
  • 1-Story Property
  • West Facing Home

About This Home

As of April 2021

Cozy, well kept home on spacious corner lot. Large living room. Back room off the kitchen perfect for office or den area. Large 20x23 shop with alley access and high ceilings.
HUD #421-525829
ALL HUD PROPERTIES ARE SOLD AS IS

Last Agent to Sell the Property

Michael Stout

RE/MAX ALL AMERICAN REALTY Listed on: 03/09/2021

Last Buyer's Agent

Kimberly Carter

Exploration Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1955

Lot Details

  • 7,000 Sq Ft Lot
  • West Facing Home
  • Corner Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Bungalow
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Elk City Elementary School
  • Elk City Middle School
  • Elk City High School

Additional Features

  • Separate Outdoor Workshop
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1-2 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Legal Addition: Eastview
  • Mandatory Association Dues Yn: No
  • Property Faces: West
  • Property Level: One
  • School Junior High: Elk City MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1955
  • Year Built Type: Existing
  • Special Features: 20

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 1056

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Workshop
  • Foundation: Conventional
  • Roof: Architectual Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Carport

Utilities

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

Schools

  • Elementary School: Elk City ES
  • High School: Elk City HS

Lot Info

  • Acres: 0.1607
  • Land Sq Ft: 7000
  • Lot Description: Corner

Tax Info

  • Tax Block: 6
  • Tax Lot: 1-2

MLS Schools

  • School District: Elk City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 30, 2021
Sold by
Secretary Of Housing And Urban Dev Of Wa
Bought by
Dillard Brian
Seller's Agent
Michael Stout
RE/MAX ALL AMERICAN REALTY
Buyer's Agent
Kimberly Carter
Exploration Realty LLC
List Price
$47,500
Sold Price
$45,225
Premium/Discount to List
-$2,275
-4.79%
Current Estimated Value
$111,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,770
Avg. Annual Appreciation
22.49%
Original Mortgage
$40,000
Outstanding Balance
$36,193
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,802

Purchase Details

Closed on
Jul 21, 2020
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Listed on
Mar 4, 2013
Closed on
Jul 19, 2013
Sold by
Fossett Keith and Fossett Lisa
Bought by
Morehead Davon W and Morehaed Brittany K
Seller's Agent
DAMON CULVER
HEARTLAND REALTY
Buyer's Agent
Stacey Carnes-Stricker
UC OK Sunset Realty & Auctions
List Price
$88,500
Sold Price
$88,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$86,896
Interest Rate
4.5%
Mortgage Type
FHA
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
Dillard Brian -- Smith Title & Closing Llc
Secretary Of Housing & Urban Development -- None Available
Morehead Davon W -- None Available
Morehead Devon W -- None Available
Morehead Devon W -- None Available
Morehead Devon W -- None Available
Morehead Devon W $88,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillard Brian $40,000
Previous Owner Morehead Devon W $86,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $45,225 -4.8% $43 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $47,500 -46.3% $45 / Sq Ft
07/18/2013 07/18/13 Sold $88,500 0.0% $67 / Sq Ft View Prior Sale
05/22/2013 05/22/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $88,500 -- $67 / 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 $1,010 $10,896 $252 $10,644
2023 $962 $10,378 $252 $10,126
2022 $873 $9,883 $420 $9,463
2021 $742 $9,413 $600 $8,813
2020 $743 $9,413 $600 $8,813
2019 $736 $9,413 $600 $8,813
2018 $743 $9,413 $600 $8,813
2017 $742 $9,413 $600 $8,813
2016 $820 $10,620 $600 $10,020
2015 $680 $10,620 $600 $10,020
2014 $680 $10,620 $600 $10,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 948563

MLSOK

APN: 0100-00-006-001-0-000-00