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12125 Southwest 51st Street

12125 Southwest 51st Street, Mustang, OK 73064
Sold Apr 09, 2015
$63,000
$241,500 by First State Bank
Mortgage Due Oct 01, 2041
Sold Dec 19, 2013
$50,000
$35,000 by Quail Creek Bank Na
Mortgage
12125 Southwest 51st Street has been categorized by the local assessors in Mustang, OK as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12125 Southwest 51st Street has 2,279 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 46,174 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 494 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Apr 8, 2015 for $63,000. That's $27.64 per sqft. Prior to that sales transaction, the property was also sold in Dec 6, 2013 for $50,000. 12125 Southwest 51st Street was last assessed in 2023. The total value of the property was assessed at $38,284. Specifically, the land the property is located on was valued at $6,614. While improvements on the property were assessed at a total of $31,670. 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 $4,222. 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. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 494
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 2,279
  • Gross Building Area: 2,599
  • Building Area: 2,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAWN TRAILS A REPLAT OF
  • Land Acres: 1.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REPLAT OF FAWN TRAILS LOT 1 BLK 2

Ownership

  • Current Owner : PATEE BILLY B
  • Current Owner 2: PATEE CHERRI L
  • Previous Owner : MARTINEZ REYNALDA
  • Owner Before Previous Owner: RUBIN RONALD L
  • Owner Before Previous Owner 2: RUBIN CAROLYN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mustang Public Schools
  • School Tax School District: MUSTANG SD
  • Census Tract: 301301

Geography

  • Assessors Map Reference: 11N-5W-21-SW
  • Account Number: 090111488
  • District: T060
  • Parcel: 090111488
  • Block: 2
  • Lot: 1
  • Meridian: SEC 21 TWN 11N RNG 05W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4132
  • Longitude: -97.742

    Address

  • Full Address: 12125 Sw 53rd St
  • Address - House Number: 12125
  • Street Direction: SW
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: OK
  • City Name: Mustang
  • Carrier Code: R006
  • 4-Digit Zip Code: 7226
  • Zip Code: 73064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,222
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.143
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 420,978
  • High Value: 481,183
  • Low Value: 360,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,500
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $241,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041

    Market Valuation

  • Market Total Value: $414,606
  • Market Land Value: $55,120
  • Market Improvement Value: $359,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,284
  • Assessed Land Value: $6,614
  • Assessed Improvements Value: $31,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2015
  • Current Sale Recording Date: Apr 09, 2015
  • Current Sale Transaction ID: 1001530696
  • Current Sale Price: $63,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2015 7839
  • Previous Sale Recording Date: Dec 19, 2013
  • Previous Sale Contract Date: Dec 06, 2013
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Apr 09, 2015
  • First Mortgage Loan Amount: $262,800
  • First Mortgage Terms: 372
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: QUAIL CREEK BANK NA
  • Previous Mortgage Transaction Date: Dec 19, 2013
  • Previous Mortgage Loan Amount: $35,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 12125 Southwest 51st Street located in?
The 12125 Southwest 51st Street is a house located in the neighborhood of Southwest Oklahoma City in Southwest Oklahoma City, Mustang.
What is the average sales price for listings in 12125 Southwest 51st Street?
The average sales price for units in 12125 Southwest 51st Street is $0 currently.

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