NOT LISTED FOR SALE

505 S College Ave Tahlequah, OK 74464

Estimated Value: $71,000 - $115,715

2 Beds
1 Bath
720 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $68,000 $94 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $516/month

6 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Wood Frame Window
  • Tahlequah Middle School Rated A-
  • No HOA
  • Porch

About This Home

As of September 2023

Welcome to your next investment opportunity! This charming bungalow style home is perfect for investors looking to put their remodeling skills to work. With 2 bedrooms and 1 bathroom, this property offers a cozy living space that can be transformed into a charming single family home or Air BnB .

Located in a prime location in town, you'll have convenient access to all the amenities and attractions this vibrant community has to offer. Whether it's shopping, dining, or entertainment, everything is just a stone's throw away. The Illinois River is less than 5 miles away. The community frequently organizes local events, festivals and markets offering opportunities to connect with neighbors and experience the lively and diverse atmosphere. whether you enjoy exploring nature, indulging in retail therapy or immersing in cultural activities , this community has something for everyone.

Upon entering, you'll immediately notice the potential this home holds. The open floor plan allows for easy customization and creativity. Imagine designing a modern kitchen with top-of-the-line appliances or creating a spa-like bathroom . The possibilities are endless!

Outside, you'll find a spacious fenced backyard, ideal for relaxing or entertaining guests. This is an ideal space for gardening enthusiasts or pet owners.

For those warm summer evenings, you can unwind on the covered front porch and watch the world go by. Picture yourself sipping a cold beverage while enjoying the peaceful surroundings.

The demand for quality homes in this area is consistently high, making this an excellent opportunity to capitalize on the real estate market. Schools, healthcare facilities , including hospitals and clinics are easily accessible providing peace of mind for residents.

Don't miss out on the chance to create your dream home or rental property and grow your portfolio. Schedule a showing today! Property being sold "AS IS".

Last Agent to Sell the Property

Annelise Isbell

C21/Wright Real Estate License #205347 Listed on: 07/27/2023

Last Buyer's Agent

Bradyn Smith

C21/Wright Real Estate License #205437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1950

Lot Details

  • 8,550 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence
  • Mature Trees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Shed
  • Porch

Schools

  • Tahlequah Elementary School
  • Tahlequah High School

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reservoir Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Directions: From Mimosa lane Take a right on Muskogee Ave. then make a left onto Fourth Street, take a right onto S College Avenue. The home 505 S College will be on your right
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 0.196
  • Water Body Name: Illinois River
  • Subdivision Name: Reservoir
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Insulation
  • Building Stories: 1
  • Structure Type: House
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: None
  • Appliances: Other, Electric Water Heater, Gas Oven, Gas Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Living Area: 720.0
  • Window Features: Wood Frames
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Mature Trees
  • Pool Features: None
  • Waterfront Features: Other
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Direction Faces: West
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: No Safety Shelter
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association: No

Schools

  • High School: Tahlequah
  • Elementary School: Tahlequah
  • Junior High Dist: Tahlequah - Sch Dist (C1)

Lot Info

  • Lot Size Sq Ft: 8550.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 11, 2023
Sold by
Waters Dana E
Bought by
Hometown Rentals Inc
Seller's Agent
Annelise Isbell
C21/Wright Real Estate
Buyer's Agent
Bradyn Smith
C21/Wright Real Estate
List Price
$74,500
Sold Price
$68,000
Premium/Discount to List
-$6,500
-8.72%
Views
23
Current Estimated Value
$89,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,737
Avg. Annual Appreciation
18.95%
Original Mortgage
$142,375
Outstanding Balance
$136,838
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
-$41,786

Purchase Details

Closed on
Apr 2, 2018
Sold by
Ogle Gene and Ogle Sue
Bought by
Waters Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,486
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 6, 2018
Sold by
Wilson James R and Wilson Charles R
Bought by
Ogle Gene and Ogle Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,486
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 15, 2017
Sold by
Haddock David and Haddock Kathy
Bought by
Wilson James R and Wilson Charles R
Source: Public Records

Range of Values:

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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
Hometown Rentals Inc $68,000 None Listed On Document
Waters Dana $55,000 Tahlequah Abstract & Title C
Ogle Gene $30,000 None Available
Wilson James R $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hometown Rentals Inc $142,375
Previous Owner Waters Dana E $5,744
Previous Owner Waters Dana $81,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $68,000 -8.7% $94 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $74,500 -- $103 / Sq Ft
Source: MLS Technology

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 $325 $3,427 $677 $2,750
2023 $325 $6,050 $912 $5,138
2022 $561 $6,050 $912 $5,138
2021 $563 $6,050 $912 $5,138
2020 $574 $6,050 $912 $5,138
2019 $568 $6,050 $912 $5,138
2018 $276 $2,904 $688 $2,216
2017 $262 $2,765 $601 $2,164
2016 $252 $2,635 $573 $2,062
2015 $41 $2,510 $566 $1,944
2014 $41 $2,436 $476 $1,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Technology

MLS Number: 2324328

MLS Technology

APN: 3001-00-116-009-0-000-00