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1020 Southwest 51st Street

1020 Southwest 51st Street, Oklahoma City, OK 73109
Sold Jun 23, 2021
$59,500
$51,425 by Bank2
Mortgage
Sold Aug 03, 2004
$31,000
Local assessors in Oklahoma City, OK have categorized 1020 Southwest 51st Street as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 7,013 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1020 Southwest 51st Street has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 216 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. The property was last sold in Jun 2, 2021 for $59,500. That's $68.87 per sqft. Prior to that sales transaction, the property was also sold in May 13, 2004 for $31,000. 1020 Southwest 51st Street was last assessed in 2023. The total value of the property was assessed at $6,987. Specifically, the land the property is located on was valued at $1,668. While improvements on the property were assessed at a total of $5,319. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $827. The initial tax year of delinquency was in 2022. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAYS SOUTH HIGHLAND
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAYS SOUTH HIGHLAND 003 000 LOTS 11 & 12

Ownership

  • Current Owner : OKLAHOMA 360 PROPERTIES LLC
  • Previous Owner : PND REAL ESTATE I LLC
  • Owner Before Previous Owner: FOLLOWILL CYNTHIA L
  • Owner Before Previous Owner 2: FOLLOWILL CAMERON R
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 21, 2023

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 107219

Geography

  • Assessors Map Reference: 11N-3W-20-NE
  • Account Number: R074905875
  • Parcel: 074905875
  • Block: 3
  • Lot: 11,12
  • Meridian: NE4 SEC 20 TWN 11N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4138
  • Longitude: -97.5335

    Address

  • Full Address: 1020 Sw 51st St
  • Address - House Number: 1020
  • Street Direction: SW
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C007
  • 4-Digit Zip Code: 3807
  • Zip Code: 73109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $827
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 94,914
  • High Value: 118,494
  • Low Value: 71,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,425
  • First Open Lien Mortgage Lender: BANK2
  • First Open Lien Mortgage Recording Date: Jun 23, 2021
  • First Open Lien Mortgage Loan Amount: $51,425
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $64,500
  • Market Land Value: $15,400
  • Market Improvement Value: $49,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,987
  • Assessed Land Value: $1,668
  • Assessed Improvements Value: $5,319

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Transaction ID: 11840956584
  • Current Sale Price: $59,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021062301111934
  • Previous Sale Recording Date: Aug 03, 2004
  • Previous Sale Contract Date: May 13, 2004
  • Previous Sale Amount: $31,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK2
  • First Mortgage Transaction Date: Jun 23, 2021
  • First Mortgage Loan Amount: $51,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Central Oklahoma City



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Frequently Asked Questions

What neighborhood is 1020 Southwest 51st Street located in?
The 1020 Southwest 51st Street is a located in the neighborhood of Highlander Community South in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1020 Southwest 51st Street?
The average sales price for units in 1020 Southwest 51st Street is $0 currently.

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