746 Jenkins Ave Norman, OK 73069
Larsh-Miller Neighborhood
8
Beds
5
Baths
3,264
Sq Ft
6,970
Sq Ft Lot
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.
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
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
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
Similar Homes in Norman, OK
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $510,000 | First American Title Ins Co | |
| Warranty Deed | $435,000 | Old Republic Title | |
| Quit Claim Deed | -- | Cleveland County Abstract Co | |
| Warranty Deed | $255,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $357,000 | Commercial | |
| Previous Owner | $304,500 | New Conventional | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $484,000 | Construction | |
| Previous Owner | $191,250 | New Conventional | |
| Previous Owner | $30,000 | New Conventional |
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
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
-
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
Map
Source: MLSOK
MLS Number: 902448
APN: R0038027
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