NOT LISTED FOR SALE

508 W Cobb St El Reno, OK 73036

Estimated Value: $80,000 - $114,404

2 Beds
1 Bath
748 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $87,250 $117 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $562/month

16 Days on Market

Highlights

  • 3 Acre Lot
  • Corner Lot
  • Central Heating and Cooling System
  • Traditional Architecture
  • 1-Story Property

About This Home

As of May 2024

Don't miss this fantastic investment opportunity in El Reno! Priced attractively at $85,000, this charming 2-bedroom, 1-bathroom home sits on a decent-sized lot. Currently utilized as a rental property, it generates $850 in monthly income with tenants responsible for utilities, making it a lucrative investment. With a highly sought-after 1% rule for investors, this property promises both immediate returns and long-term potential! Schedule your showing today.

Last Agent to Sell the Property

Max Vrana

Keller Williams Realty Mulinix Listed on: 03/05/2024

Keller Williams Realty Mulinix

Last Buyer's Agent

Bob Stanbrough

Metro Brokers of OK South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $511

Year Built

  • Built in 1940

Lot Details

  • 3 Acre Lot
  • Corner Lot

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Rose Witcher Elementary School
  • Etta Dale JHS Middle School
  • El Reno High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$511

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Legal Addition: Cobbs Sub Blk 165
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Etta Dale JHS
  • Special Zoning District Yn: No
  • Storm Shelter: Outdoors
  • Third Party Comments: Yes
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 748

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: None
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

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

Schools

  • Elementary School: Rose Witcher ES
  • High School: El Reno HS

Lot Info

  • Acres: 3.0000
  • Land Sq Ft: 130680
  • Lot Description: Corner

Tax Info

  • Tax Block: 1
  • Tax Lot: 1

MLS Schools

  • School District: El Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 3, 2024
Sold by
Hughart Properties Llc
Bought by
Thrasher Steven E
Seller's Agent
Max Vrana
Keller Williams Realty Mulinix
Buyer's Agent
Bob Stanbrough
Metro Brokers of OK South
List Price
$85,000
Sold Price
$87,250
Premium/Discount to List
$2,250
2.65%
Views
84
Current Estimated Value
$98,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,601
Avg. Annual Appreciation
8.74%
Original Mortgage
$89,125
Outstanding Balance
$87,873
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$10,978

Purchase Details

Closed on
Dec 9, 2020
Sold by
Blackowl James Keith
Bought by
Wright Edna Susan Blackowl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,898
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2019
Sold by
Blackowl James Keith
Bought by
Wright Edna Susan Blackowl

Purchase Details

Closed on
Oct 14, 2016
Sold by
Wright Edna Susan Blackowl
Bought by
Blackowl James Keith

Purchase Details

Closed on
Feb 1, 2006
Sold by
Blackowl Christine A and Blackowl Walter G
Bought by
Blackowl Walter G
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
Thrasher Steven E $87,500 Old Republic Title
Wright Edna Susan Blackowl -- Old Republic Title
Blackowl James Keith -- Old Republic Title
Hughart Properties Llc $22,000 Old Republic Title
Wright Edna Susan Blackowl -- None Available
Blackowl James Keith -- None Available
Blackowl Walter G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thrasher Steven E $89,125
Previous Owner Hughart Properties Llc $36,898
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $87,250 +2.6% $117 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $85,000 -- $114 / 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 $511 $5,011 $952 $4,059
2023 $511 $4,773 $952 $3,821
2022 $489 $4,546 $952 $3,594
2021 $487 $4,417 $952 $3,465
2020 $321 $2,945 $952 $1,993
2019 $319 $2,805 $952 $1,853
2018 $301 $2,672 $952 $1,720
2017 $292 $2,544 $952 $1,592
2016 $164 $2,496 $952 $1,544
2015 $146 $2,353 $952 $1,401
2014 $146 $2,284 $952 $1,332
Source: Public Records

Agents Affiliated with this Home

  • Max Vrana

    Seller's Agent in 2024

    Max Vrana

    Keller Williams Realty Mulinix

    (713) 444-5138

    44 in this area

    143 Total Sales

    Max Vrana
    Section Image
  • Bob Stanbrough

    Buyer's Agent in 2024

    Bob Stanbrough

    Metro Brokers of OK South

    (405) 414-5019

    3 in this area

    41 Total Sales

    Bob Stanbrough
    Section Image
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Map

Source: MLSOK

MLS Number: 1102136

MLSOK

APN: 090026529

Oklahoma Canadian County El Reno 73036

508 W Cobb St, El Reno, OK

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