$120,000
SOLD MAR 4, 2024

824 C St SE Ardmore, OK 73401

6 Beds
6 Baths
4,257 Sq Ft
0.53 Acres

Recently Sold

$28 Per Sq Ft

27% Below List Price

176 Days on Market

Highlights

  • Covered patio or porch
  • Central Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of March 2024

Welcome to this incredible income-producing multi-unit property! This property is a fantastic investment opportunity for savvy buyers looking to generate consistent rental income. With a little bit of work, this property has the potential to become a lucrative source of passive income for years to come! This multi-unit property features 5 spacious units, each unit features 1 bedroom, 1bathroom, as well as a 2 bedroom, 1 bathroom main home as well. The units are thoughtfully designed to provide comfortable living spaces for tenants, making it an attractive rental option in the area. Nestled amidst the picturesque surroundings of the lake town, this property enjoys the benefits of being in a highly desirable location. Residents will have easy access to lake Murray, recreational activities, and the vibrant community atmosphere that the town has to offer. The town's charm and appeal attract a steady stream of potential tenants, making it an ideal investment opportunity. With renovations and upgrades, this multi-unit property has the potential to maximize its rental income. Whether it's modernizing the units, improving energy efficiency, or enhancing the outdoor spaces, there are endless opportunities to elevate the property's value and appeal.

Last Agent to Sell the Property

Kamara Gatz

Gatz Homestead Realty LLC Listed on: 07/13/2023

Last Buyer's Agent

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,127

Year Built

  • Built in 1932

Lot Details

  • 0.53 Acre Lot
  • Infill Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 4,257 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • Carport
  • Driveway

Schools

  • Jefferson Elementary School
  • Ardmore Middle School
  • Ardmore High School

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3 / 519

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,127

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Other
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: Ardmore City
  • Mandatory Association Dues Yn: No
  • Property Level: Multi
  • School Junior High: Ardmore MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Living Areas: 1
  • Total Sq Ft: 4257

Exterior Features

  • Construction: Frame, Stone
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Description: Carport
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Electric, Gas, Public Utilities

Schools

  • Elementary School: Jefferson ES
  • High School: Ardmore HS

Lot Info

  • Acres: 0.5300
  • Land Sq Ft: 23087
  • Lot Description: Infill

Tax Info

  • Tax Block: 519
  • Tax Lot: 3

MLS Schools

  • School District: Ardmore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 4, 2024
Sold by
Davis O Juhree
Bought by
Rock Cottage Holdings Llc
Seller's Agent
Hannah Lewis
Ardmore Realty, Inc
Buyer's Agent
Non MLS Associate
Non MLS Office
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Views
2
Current Estimated Value
$151,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,632
Avg. Annual Appreciation
21.55%
Original Mortgage
$215,733
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $215,733 New Conventional
Previous Owner $54,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $120,000 0.0% $28 / Sq Ft
03/04/2024 03/04/24 Sold $120,000 -11.1% $28 / Sq Ft
03/04/2024 03/04/24 For Sale $135,000 0.0% $32 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/21/2023 12/21/23 Price Changed $135,000 -18.2% $32 / Sq Ft
10/31/2023 10/31/23 Price Changed $165,000 0.0% $39 / Sq Ft
10/31/2023 10/31/23 For Sale $165,000 -10.8% $39 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $185,000 -- $43 / 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 $1,127 $12,411 $778 $11,633
2023 $1,091 $12,050 $774 $11,276
2022 $1,023 $11,700 $769 $10,931
2021 $1,045 $11,359 $761 $10,598
2020 $997 $11,028 $748 $10,280
2019 $942 $10,707 $748 $9,959
2018 $928 $10,396 $748 $9,648
2017 $831 $10,093 $748 $9,345
2016 $820 $9,798 $748 $9,050
2015 $654 $9,513 $748 $8,765
2014 $633 $9,236 $748 $8,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1070489

MLSOK

APN: 0010-00-519-003-0-001-00