NOT LISTED FOR SALE

Ardmore, OK 73401

-- Bed
-- Bath
4,134 Sq Ft
5.38 Acres

Last Sold July 23, 2021

Last sale price $860,000 $208 Per Sq Ft

Highlights

  • Zoned Cooling
  • Space Heater
  • Storage Shed

About This Home

As of July 2021

Calling all Investors! This is your chance to own an income producing mobile home park near Lake Murray in Southern OK. This park currently has a 17% cap rate and could easily be closer to 20%. There are over 30 units on 2.5 acres with another 2.5 acres that could be developed into more mobile home spots. This park has several long term tenants which provide consistent rental income. If you want to make your money work for you call me for more information about this amazing opportunity.

Last Agent to Sell the Property

Shelley Clements

Southern Oklahoma Realty License #181787 Listed on: 02/10/2021

Last Buyer's Agent

Shelley Clements

Southern Oklahoma Realty License #181787 Listed on: 02/10/2021

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1955

Lot Details

  • 5.38 Acre Lot
  • Possible uses of the property include Other
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Interior Spaces

  • 4,134 Sq Ft Home
  • Crawl Space

Parking

  • 1 Parking Space
  • Parking Available

Outdoor Features

  • Storage Shed

Utilities

  • Zoned Cooling
  • Multiple Heating Units
  • Space Heater
  • Heating System Uses Gas
  • Propane
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for grounds care

Community Details

Overview

  • Ardmore City Tracts Subdivision

Building Details

  • Operating Expense $58,867
  • Gross Income $240,000

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$2,492

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Head south on Lake Murray Drive. The property is located about a block or so past Springdale Road on the east side of the road.
  • Property Sub Type: Mobile Home
  • Prop. Type: Commercial Sale
  • Year Built: 1955
  • Lot Size Acres: 5.38
  • Water Body Name: Murray Lake
  • Subdivision Name: Ardmore City Tracts
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Mobile Home
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Possible Use: Other
  • Has Basement: Crawl Space
  • Living Area: 4134.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Storage
  • Fencing: None
  • Lot Features: Split Possible
  • Waterfront Features: Other
  • Construction Type: Manufactured
  • Foundation Details: Crawlspace
  • Roof: Other

Garage/Parking

  • Parking Features: One Space

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Propane, Phone Available, Water Available
  • Water Source: Public
  • Green Building Features: Dumpster
  • Cooling: Other, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Multiple Heating Units, Other, Space Heater
  • Heating Yn: Yes

Schools

  • Junior High Dist: Ardmore - Sch Dist (AD2)

Lot Info

  • Lot Size Sq Ft: 234353.0
  • Additional Parcels: No
  • Zoning Description: C1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Grounds Care, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2492.0

Multi Family

  • Annual Gross Income: 240000.0
  • Annual Operating Expense: 58867.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $860,000 -3.8% $208 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $894,000 -- $216 / Sq Ft
Source: MLS Technology

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
2025 $6,096 $61,064 $21,092 $39,972
2024 $6,096 $58,156 $21,092 $37,064
2023 $5,805 $55,387 $21,092 $34,295
2022 $4,228 $36,499 $21,092 $15,407
2021 $2,855 $28,296 $16,609 $11,687
2020 $2,679 $26,948 $15,818 $11,130
2019 $2,492 $25,665 $15,065 $10,600
2018 $2,413 $24,444 $14,348 $10,096
2017 $2,128 $23,279 $13,860 $9,419
2016 $2,067 $22,171 $13,410 $8,761
2015 $1,622 $21,116 $13,311 $7,805
2014 $1,799 $20,109 $12,562 $7,547
Source: Public Records

Agents Affiliated with this Home

  • Shelley Clements

    Seller's Agent in 2021

    Shelley Clements

    Southern Oklahoma Realty

    (580) 387-9091

    45 Total Sales

    Shelley Clements
    Section Image
See All Agents

Source: MLS Technology

MLS Number: 2104064

MLS Technology
Oklahoma Carter County Ardmore

73401

Not Listed for Sale

Mobile Manufactured

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Technology IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes