$45,000
SOLD JUL 22, 2025

8821 NE 50th St Spencer, OK 73084

1 Bed
1 Bath
528 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

31% Below List Price

6 Days on Market

About This Home

As of July 2025

This property presents a great investment opportunity in Spencer, OK. Previously leased as a Section 8 rental, it successfully passed all Section 8 inspections and requirements, making it an attractive option for investors seeking stable rental income. The current Section 8 rental rate for this home is $990 per month, providing a reliable cash flow potential. Well-maintained and tenant-ready, this property is ideal for buyers looking to enter or expand in the rental market with a home that has a proven history of compliance and steady income.

Last Agent to Sell the Property

Brooklyn Frazier

The Brokerage Listed on: 06/18/2025

Last Buyer's Agent

Brooklyn Frazier

The Brokerage Listed on: 06/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $154

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • 528 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Spencer Elementary School
  • Star Spencer Middle School
  • Star Spencer High School

Utilities

  • Window Unit Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$154

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Ranch
  • Property Sub Type: Single Family
  • Legal Addition: Unpltd Pt Sec 11 12n 2w
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Star Spencer MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1937
  • HistoricalDesignationYN: No
  • Model Home: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 528

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: None
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

  • Cooling System: Window Unit
  • Heat System: Other

Schools

  • Elementary School: Spencer ES
  • High School: Star Spencer HS

Lot Info

  • Acres: 0.1600
  • Land Sq Ft: 6970
  • Lot Description: Corner

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Jul 21, 2025
Sold by
Atlas Acquisitions Llc
Bought by
Vivid Homes Llc
Seller's Agent
Brooklyn Frazier
The Brokerage
Buyer's Agent
Brooklyn Frazier
The Brokerage
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
439.64%

Purchase Details

Closed on
Jan 20, 2017
Sold by
Kennith Satterwhite and Kennith Ellen A
Bought by
Lisenbee William T and Lisenbee Kenetta K
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 Type Sale Price Title Company
Warranty Deed $45,000 Closed Llc
Warranty Deed $45,000 Closed Llc
Warranty Deed $31,500 Closed Llc
Warranty Deed $31,500 Closed Llc
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $45,000 -18.2% $85 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $55,000 -15.4% $104 / Sq Ft
06/18/2025 06/18/25 For Sale $65,000 -- $123 / 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 $154 $1,500 $32 $1,468
2023 $154 $1,429 $35 $1,394
2022 $139 $1,359 $39 $1,320
2021 $133 $1,295 $38 $1,257
2020 $128 $1,234 $42 $1,192
2019 $122 $1,176 $44 $1,132
2018 $110 $1,120 $0 $0
2017 $104 $1,065 $61 $1,004
2016 $100 $1,015 $62 $953
2015 $96 $966 $99 $867
2014 $91 $921 $102 $819
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Brooklyn Frazier

    The Brokerage

    (405) 226-4229

    1 in this area

    99 Total Sales

    Brooklyn Frazier
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Map

Source: MLSOK

MLS Number: 1176231

MLSOK

APN: 199200300

Oklahoma Oklahoma County Spencer 73084

8821 NE 50th St, Spencer, OK

This home is located at 8821 NE 50th St, Spencer, OK 73084 and is currently priced at $45,000, approximately $85 per square foot. This property was built in 1937. 8821 NE 50th St is a home located in Oklahoma County with nearby schools including Willow Brook Elementary School and Star Spencer Mid-High School.

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