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1201 West Montana Avenue

1201 West Montana Avenue, Chickasha, OK 73018
Property in Grady
Sold Dec 05, 2019
$1,700,000
$500,000 by First National Bank Of Scotia
Mortgage Due Aug 07, 2053
Sold Aug 24, 2011
$1,500,000
$1,000,000 by The First National Bank & Trus
Mortgage
1201 West Montana Avenue in Chickasha, OK was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1201 West Montana Avenue has 1,467 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. 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 brick. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1201 West Montana Avenue sold most recently in Dec 4, 2019 for a total of $1,700,000. If you work out the math, that's approximately a cost of $1,158.83 per sqft. Before that, the property was also sold for $1,500,000 in Aug 23, 2011. 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 $794 in taxes each year. 1201 West Montana Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,586. If we break it down further, the land itself was valued at $347. Improvements to the property, however, were assessed at a total of $7,239. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1955
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,467
  • Gross Building Area: 1,467
  • Building Area: 1,467
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Forced air unit
  • Heated Square Feet: 1,467
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MALCOLM
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 04-06-07-16050 ALL LOT 1 & TR BG NE/C LOT 1 TH E 1' S 150' W 1' N 150' TO BG BLK 1 MALCOLM ADDN

Ownership

  • Current Owner : SHANOAN PROPERTIES LLC
  • Previous Owner : CAMBRIDGE INVESTMENTS LLC
  • Owner Before Previous Owner: W & L NURSING HOMES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 15, 2024

Neighborhood

  • School District Name: Chickasha Public Schools
  • Census Tract: 000501

Geography

  • Account Number: 25742
  • Parcel: C460-00-001-001-0-000-00
  • Block: 1
  • Lot: 1
  • Meridian: SEC 04 TWN 06N RNG 07W
  • Municipality: CHICKASHA CITY
  • Latitude: 35.025
  • Longitude: -97.9482

    Address

  • Full Address: 1201 W Montana Ave
  • Address - House Number: 1201
  • Street Direction: W
  • Address - Street Name: Montana
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Chickasha
  • Carrier Code: C011
  • 4-Digit Zip Code: 6637
  • Zip Code: 73018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $794

    Appraisal Valuation

  • Standard Deviation: 0.4472
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 105,556
  • High Value: 152,762
  • Low Value: 58,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF SCOTIA
  • First Open Lien Mortgage Recording Date: Aug 07, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 07, 2053

    Market Valuation

  • Market Total Value: $68,963
  • Market Land Value: $3,150
  • Market Improvement Value: $65,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,586
  • Assessed Land Value: $347
  • Assessed Improvements Value: $7,239

    Sales

  • Current Sale Contract Date: Dec 04, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Transaction ID: 11715465669
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-018982
  • Previous Sale Recording Date: Aug 24, 2011
  • Previous Sale Contract Date: Aug 23, 2011
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 05, 2019
  • First Mortgage Loan Amount: $1,700,151
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: THE FIRST NATIONAL BANK & TRUS
  • Previous Mortgage Transaction Date: Aug 24, 2011
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1201 West Montana Avenue located in?
The 1201 West Montana Avenue is a located in the neighborhood of Grady in Chickasha, Chickasha.
What is the average sales price for listings in 1201 West Montana Avenue?
The average sales price for units in 1201 West Montana Avenue is $0 currently.

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