$153,000
SOLD FEB 28, 2025

813 N University St Seminole, OK 74868

12 Beds
8 Baths
6,780 Sq Ft
0.86 Acres

Recently Sold

$23 Per Sq Ft

13% Below List Price

182 Days on Market

About This Home

As of February 2025

Investors look: 8 rental units. 4 units are 2 bed and 4 units are 1 bedroom. ( if at full capacity)
Rent Potential at 100% occupancy is $53,900. Rent at 80% occupancy is $42,900. Estimated annual expenses. Property tax $1,000: Property Insurance $4,300: Utilities $7,500 : Repairs and Misc $7,000 for a total of $19,800. Net Income after expense is $23,100. 10% cap Rate value indicates value of $231,000. Market value based on comp value is quite different(Less).
Borrowing Scenario. $150,000 loan 15 years @ 8% would have a monthly payment of $1,435 a month or $17,220 annually versus net income of $23,100 which provides an attractive debt coverage ratio.
**This info is an estimation of taxes, insurance, rent & occupancy rates. EASY TO SHOW

Last Agent to Sell the Property

Pam Robinson

Pam Robinson Real Estate Inc Listed on: 05/15/2024

Co-Listed By

Austin Chesser

Pam Robinson Real Estate Inc

Last Buyer's Agent

Pam Robinson

Pam Robinson Real Estate Inc Listed on: 05/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 0.86 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 6,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Schools

  • Northwood Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Other
  • Property Sub Type: More Than 4 Units
  • Legal Addition: J-Wolf
  • Number1 Br Units: 4
  • Number2 Br Units: 4
  • Property Level: Two
  • School Junior High: Seminole MS
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Total Sq Ft: 6780

Exterior Features

  • Construction: Other
  • Foundation: Conventional
  • Roof: Composition

Utilities

  • Cooling System: Window Unit
  • Heat System: Zoned Gas

Schools

  • Elementary School: Northwood ES
  • High School: Seminole HS

Lot Info

  • Land Sq Ft: 37370
  • Lot Description: Other

Multi Family

  • Number Of Units: 8

MLS Schools

  • School District: Seminole

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

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $153,000 -12.6% $23 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $175,000 -- $26 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1108797

MLSOK