NOT LISTED FOR SALE

Estimated Value: $426,000 - $596,000

8 Beds
5 Baths
3,724 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $426,001 $114 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,126/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • Laundry Room
  • Central Heating and Cooling System
  • Northern Hills Elementary School Rated A

About This Home

As of September 2021

LOCATION LOCATION LOCATION!! Very unique investment opportunity to add to your rental portfolio. This property is currently 100% occupied! Three dwellings on one lot include: main house, garage apartment, and duplex. Located only three blocks from downtown Edmond & three blocks from UCO Campus!!
The seller is selling the property AS IS. Accepting offers until 1 pm Wednesday, August 4th.
***One opportunity for interested parties to view the property will be ONLY on
Tuesday, Aug 3 from 6:30 pm - 8:00 pm - All are welcome to drive by and do their due diligence, but DO NOT DISTURB THE TENANTS.
Seller is a licensed real estate broker #066558 - Listing Agent is related to the seller.

Last Agent to Sell the Property

Dylan Ferrell

Keller Williams Central OK ED Listed on: 07/28/2021

Keller Williams Central OK ED

Last Buyer's Agent

Dylan Ferrell

Keller Williams Central OK ED Listed on: 07/28/2021

Keller Williams Central OK ED

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,498

Home Design

  • 3,724 Sq Ft Home
  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • Driveway
  • Additional Parking

Schools

  • Northern Hills Elementary School
  • Central Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Laundry Room
  • 10,498 Sq Ft Lot

Community Details

  • Gross Income $3,250

Listing and Financial Details

  • Tax Block 12

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Craftsman
  • Property Sub Type: Other
  • Legal Addition: Rossmore Add Edmond
  • School Junior High: Central MS
  • Third Party Comments: Yes
  • Special Features: None

Interior Features

  • Features: Laundry
  • Appliances: Dishwasher, Disposal, Refrigerator, Water Heater
  • Total Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Total Sq Ft: 3724

Exterior Features

  • Construction: Brick, Vinyl
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Additional, Concrete Drive, Other

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Schools

  • Elementary School: Northern Hills ES
  • High School: North HS

Lot Info

  • Land Sq Ft: 10498

Tax Info

  • Tax Block: 12

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 30, 2021
Sold by
Ferrell J Fred J and Ferrell Sharon
Bought by
7 East Thatcher Llc
Seller's Agent
Dylan Ferrell
Keller Williams Central OK ED
Buyer's Agent
Dylan Ferrell
Keller Williams Central OK ED
List Price
$425,000
Sold Price
$426,001
Premium/Discount to List
$1,001
0.24%
Current Estimated Value
$520,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,337
Avg. Annual Appreciation
4.62%
Original Mortgage
$343,337
Outstanding Balance
$78,517
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$438,997

Purchase Details

Closed on
Nov 5, 2010
Sold by
Marcus Mary Jane
Bought by
Ferrell J Fred and Ferrell Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 13, 2000
Sold by
Mcclung Mary E
Bought by
Marcus Jerry and Marcus Mary Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7 East Thatcher Llc $426,500 Chicago Title Oklahoma Co
Ferrell J Fred $95,000 Stewart Abstract & Title Ok
Marcus Jerry $28,500 Capitol Abstract & Title Co
Marcus Jerry $28,500 Capitol Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7 East Thatcher Llc $343,337
Previous Owner Ferrell J Fred $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $426,001 +0.2% $114 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $425,000 -- $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 $4,859 $46,059 $3,291 $42,768
2023 $4,859 $46,610 $3,291 $43,319
2022 $4,826 $46,116 $3,291 $42,825
2021 $3,232 $31,033 $3,291 $27,742
2020 $3,167 $30,045 $2,304 $27,741
2019 $3,177 $29,993 $2,304 $27,689
2018 $3,388 $31,800 $0 $0
2017 $3,245 $30,596 $2,304 $28,292
2016 $3,141 $29,675 $2,425 $27,250
2015 $2,665 $25,210 $2,425 $22,785
2014 $2,627 $24,884 $2,425 $22,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 968879

MLSOK

APN: 182179040