NOT LISTED FOR SALE

746 Jenkins Ave Norman, OK 73069

Larsh-Miller Neighborhood

Estimated Value: $703,543

8 Beds
5 Baths
3,264 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $510,000 $156 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,325/month

134 Days on Market

About This Home

As of November 2020

$4,840 Monthly Income and a new Lease on the main house signed on July 1, 2020. Amazing opportunity to buy a multi family property this close to The University of Oklahoma campus. This property is right next to Campus Corner and a very short walk to the football stadium. The property includes a 5 bedroom 2 bath home and a 3 unit apartment building. Apartments get $700, $590 and $550 so there is obviously room to raise rents with very little money out of pocket.

Here is your opportunity to own an income producing multi family property this close to Campus.

Last Agent to Sell the Property

Richard Jennings

Richard Jennings Real Estate Listed on: 03/02/2020

Last Buyer's Agent

Richard Jennings

Richard Jennings Real Estate Listed on: 03/02/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,131

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Brick Frame
  • Composition Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Irving Middle School
  • Norman High School

Community Details

  • Gross Income $58,080

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,131

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Other
  • Property Sub Type: Apartment
  • Legal Addition: Larshs University
  • Mandatory Association Dues Yn: No
  • Packet Available Yn: Yes
  • School Junior High: Irving MS
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Total Sq Ft: 3264

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Parking: Concrete Drive, Other

Schools

  • Elementary School: Lincoln ES
  • High School: Norman HS

Lot Info

  • Land Sq Ft: 6970

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Nov 17, 2020
Sold by
Fmf Ok Investments Llc
Bought by
Rickyson 62Nd Llc
Seller's Agent
Richard Jennings
Richard Jennings Real Estate
Buyer's Agent
Richard Jennings
Richard Jennings Real Estate
List Price
$559,900
Sold Price
$510,000
Premium/Discount to List
-$49,900
-8.91%
Current Estimated Value
$703,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,543
Avg. Annual Appreciation
6.20%
Original Mortgage
$357,000
Outstanding Balance
$214,463
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$459,776

Purchase Details

Listed on
Jun 1, 2016
Closed on
Dec 8, 2016
Sold by
You Charles Ah and You Katherine C Ah
Bought by
Fmf Ok Investments Llc
Seller's Agent
Devrie Peoples
525 Realty Group LLC
Buyer's Agent
Raphala Taylor
Ariston Realty LLC
List Price
$650,000
Sold Price
$435,000
Premium/Discount to List
-$215,000
-33.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$304,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2015
Sold by
Mccown Randall G and Mccown Tammy G
Bought by
You Charles Ah and You Katherine C Ah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Schickedanz David K and Schickedanz Sandra K
Bought by
Mccown Randall G and Ah You Jr Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Rickyson 62Nd Llc $510,000 First American Title Ins Co
Fmf Ok Investments Llc $435,000 Old Republic Title
You Charles Ah -- Cleveland County Abstract Co
Mccown Randall G $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickyson 62Nd Llc $357,000
Previous Owner Fmf Ok Investments Llc $304,500
Previous Owner You Charles Ah $185,000
Previous Owner Mccown Randall G $484,000
Previous Owner Mccown Randall G $191,250
Previous Owner Schickedanz David K $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $510,000 -8.1% $156 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $555,000 +0.9% $170 / Sq Ft
05/12/2020 05/12/20 Price Changed $550,000 -1.8% $169 / Sq Ft
03/02/2020 03/02/20 For Sale $559,900 +28.7% $172 / Sq Ft
12/09/2016 12/09/16 Sold $435,000 -33.1% $133 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $650,000 -- $199 / 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 $5,131 $42,847 $12,602 $30,245
2023 $4,899 $40,807 $12,000 $28,807
2022 $7,237 $62,843 $12,000 $50,843
2021 $7,430 $61,200 $8,400 $52,800
2020 $6,015 $50,634 $8,400 $42,234
2019 $6,037 $49,960 $8,288 $41,672
2018 $5,576 $47,582 $4,800 $42,782
2017 $5,638 $47,582 $0 $0
2016 $3,564 $29,596 $4,800 $24,796
2015 -- $29,596 $4,800 $24,796
2014 -- $29,596 $4,800 $24,796
Source: Public Records

Agents Affiliated with this Home

  • Richard Jennings

    Seller's Agent in 2020

    Richard Jennings

    Richard Jennings Real Estate

    (405) 227-2726

    3 in this area

    11 Total Sales

    Richard Jennings
    Section Image

  • D

    Seller's Agent in 2016

    Devrie Peoples

    525 Realty Group LLC

  • Raphala Taylor

    Buyer's Agent in 2016

    Raphala Taylor

    Ariston Realty LLC

    (405) 249-3413

    11 Total Sales

    Raphala Taylor
    Section Image
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Map

Source: MLSOK

MLS Number: 902448

MLSOK

APN: R0038027

Oklahoma Cleveland County Norman 73069 Larsh-Miller

746 Jenkins Ave, Norman, OK

This home is located at 746 Jenkins Ave, Norman, OK 73069 since 02 March 2020 and is currently estimated at $703,543, approximately $215 per square foot. This property was built in 1930. 746 Jenkins Ave is a home located in Cleveland County with nearby schools including Lincoln Elementary School, Irving Middle School, and Norman High School.

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