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11400 South 540th Road

11400 South 540th Road, Miami, OK 74354
Property in Ottawa
Sold Feb 13, 2020
$214,000
$100,000 by Welch State Bank Of Welch Ok
Mortgage
11400 South 540th Road in Miami, OK was first built in 2013 and is 11 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a log cabin/rustic style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 11400 South 540th Road has 1,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,282,406 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The home has a gable style roof made of metal. For those who need parking, there is a attached garage. The garage is 624 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with log control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of log. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11400 South 540th Road sold most recently in Feb 12, 2020 for a total of $214,000. If you work out the math, that's approximately a cost of $205.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,641 in taxes each year. 11400 South 540th Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,028. If we break it down further, the land itself was valued at $1,471. Improvements to the property, however, were assessed at a total of $89,557. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Log
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Log
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 1,282,406
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: T027-R022
  • Land Acres: 29.44
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: SW NW S OF RR & ALL TH PT SE NW-W OF HWY 66 LS 0.57 AC DEPT TRANS SUBJ TO RURAL WATER DIST #2 575/037 SUBJ ESMT 803/198 SEC 1

Ownership

  • Current Owner : LOR NICK C
  • Current Owner 2: LOR SHOUA L
  • Previous Owner : WYRICK DAVID L
  • Previous Owner 2: WYRICK SHEILA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Miami Public Schools
  • School Tax School District: MIAMI SD
  • School Tax District Code 2: I-23 RURAL
  • Census Tract: 574700

Geography

  • Account Number: 2577
  • Parcel: 0000-01-027-022-0-011-00
  • Meridian: SEC 01 TWN 27N RNG 22E
  • Latitude: 36.853
  • Longitude: -94.9063

    Address

  • Full Address: 11400 S 540 Rd
  • Address - House Number: 11400
  • Street Direction: S
  • Address - Street Name: 540
  • Address - Suffix Type: Rd
  • State: OK
  • City Name: Miami
  • Carrier Code: R003
  • 4-Digit Zip Code: 5296
  • Zip Code: 74354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,641
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.4367
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 12
  • Final Value: 772,192
  • High Value: 1,109,414
  • Low Value: 434,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: WELCH STATE BANK OF WELCH OK
  • First Open Lien Mortgage Recording Date: Feb 13, 2020
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $798,490
  • Market Land Value: $12,902
  • Market Improvement Value: $785,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,028
  • Assessed Land Value: $1,471
  • Assessed Improvements Value: $89,557

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11730633358
  • Current Sale Price: $214,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-000632

    Last Sale Mortgage

  • First Mortgage Lender: WELCH STATE BANK OF WELCH OK
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Dotyville



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Frequently Asked Questions

What neighborhood is 11400 South 540th Road located in?
The 11400 South 540th Road is a located in the neighborhood of Ottawa in Dotyville, Miami.
What is the average sales price for listings in 11400 South 540th Road?
The average sales price for units in 11400 South 540th Road is $0 currently.

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