NOT LISTED FOR SALE

505 NW Oak Ave Cache, OK 73527

Estimated Value: $335,125

16 Beds
8 Baths
6,400 Sq Ft
$52/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $260,000 $41 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,215/month

36 Days on Market

Highlights

  • 8.24 Acre Lot
  • Patio
  • Partially Carpeted
  • Cache Middle School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2021

505 NW Oak: Just off the Hwy 115 and hwy 62 Cache exit consisting of 8.25 acres mol (property line runs along Southside of Hwy 62 and sandwiched between oak street and highway 62. Zoned Commercial according to the City of Cache. This parcel consists of 12 mobile home bays each with their own dedicated water meter – 8 which are currently rented at $100 each monthly; a 8 unit brick apartment complex (6 currently rented @ $450 month) each unit has its own water meter and that appears in good serviceable condition with potential rental income of $3,600 month; a uninhabitable house and the remainder is pasture land. Can be purchased with adjoining properties at 711 nw Oak, 702, nw Oak and 701 NW 0ak. This has been a family run business for over 40 years. Information provided is not guaranteed accurate therefore any prospective buyer should verify with the City of Cache that the property zoning will work for their specific needs. Tony Capuccio with Capuccio Dream Homes Realty is the property specialist regarding this home. TO VIEW THIS HOME OR DEAL DIRECTLY WITH THE LISTING BROKER CALL OR TEXT TONY AT 580-585-2337 OR E-MAIL tony@tonysdreamhomes.com

Last Agent to Sell the Property

Tony Capuccio

CAPUCCIO DREAM HOMES REALTY License #00075344 Listed on: 07/05/2020

Last Buyer's Agent

DENNIS WOOMMAVOVAH

COLDWELL BANKER SALUTE License #153406

COLDWELL BANKER SALUTE

Property Details

Home Type

  • Apartment

Lot Details

  • 8.24 Acre Lot
  • Property fronts a highway

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Partially Carpeted

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Community Details

  • 8 Units

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Age: 36 - 45
  • Class: MULTI-FAMILY
  • Type: APARTMENT BUILDING
  • Inside Inclusions: Carpet
  • Outside Inclusions: Patio
  • Style: 2 Story
  • Tax Assess Sq Ft: 6400
  • Two Bedroom Unit Rents: 450
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dishwasher
  • Floors: Carpet Partial
  • Square Footage: 6400

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Road Frontage: City Street, U.S. Highway

Utilities

  • Electricity: Rural Electric Co-op
  • Heating: Central, Electric
  • Sewer: City
  • Cooling: Central, Electric
  • Utilities: Sep. Meter (Electric), Sep. Meter (Water)

Lot Info

  • Number Of Acres: 8.24
  • Zoning: R-3 Multiple-Family
  • Lot Size: 8.24 acres

Rental Info

  • Gross Rental Income: 3600

Tax Info

  • Annual Taxes: $3,525

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 1993
Sold by
Long Emmett and Long Merl
Current Estimated Value
$335,125
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $260,000 -13.3% $41 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $300,000 -- $47 / Sq Ft
Source: Lawton Board of REALTORS®

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
2025 $5,551 $52,180 $4,229 $47,951
2024 $5,362 $52,180 $4,229 $47,951
2023 $5,362 $39,551 $4,229 $35,322
2022 $4,238 $37,667 $4,229 $33,438
2021 $3,030 $32,517 $4,229 $28,288
2020 $3,520 $34,720 $4,229 $30,491
2019 $3,485 $34,167 $4,229 $29,938
2018 $3,628 $35,165 $4,229 $30,936
2017 $3,344 $33,491 $10,363 $23,128
2016 $3,131 $31,896 $10,363 $21,533
2015 $2,935 $30,378 $10,897 $19,481
2014 $2,862 $30,378 $10,897 $19,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lawton Board of REALTORS®

MLS Number: 156171

Lawton Board of REALTORS®

APN: 0024934