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1312 North Francis Avenue

1312 North Francis Avenue, Oklahoma City, OK 73106
Commercial in Midtown
Sold Oct 09, 2020
$560,000
$955,730 by Prosperity Bank
Mortgage Due Oct 09, 2041
1312 North Francis Avenue in Oklahoma City, OK was first built in 1947 and is 77 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 multifamily style. There are a total of 2 floors. 1312 North Francis Avenue has 7,758 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 10,500 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. 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 air conditioning. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1312 North Francis Avenue was last sold in Oct 9, 2020 for $560,000. According to our calculations, that's $58.04 per sqft. Current property owners are expected to pay $8,084 in taxes per year. The property on 1312 North Francis Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $65,819. To break that down further, the land itself was valued at $14,965. While improvements to the property were assessed at a total of $50,854. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 12
  • Business/Commerical Units Count: 12
  • Basement Type: Unspecified basement
  • Basement Area: 1,890
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Total Building Area: 9,648
  • Gross Building Area: 9,648
  • Building Area: 7,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 7,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLASSENS MARQUETTE
  • Land Acres: 0.241
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: CLASSENS MARQUETTE 003 000 LOTS 19 THRU 21

Ownership

  • Current Owner : THE FALTS ON FRANCIS LLC
  • Previous Owner : HENDERSON KAREN COFER
  • Previous Owner 2: HENDERSON CRAIG A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 102500

Geography

  • Assessors Map Reference: 12N-3W-28-SW
  • Account Number: R045801650
  • Parcel: 045801650
  • Block: 3
  • Lot: 19-21
  • Meridian: SW4 SEC 28 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.482
  • Longitude: -97.5269

    Address

  • Full Address: 1312 N Francis Ave
  • Address - House Number: 1312
  • Street Direction: N
  • Address - Street Name: Francis
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C026
  • 4-Digit Zip Code: 6846
  • Zip Code: 73106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,084
  • Tax Rate Code Area: 200TF2I

    Appraisal Valuation

  • Standard Deviation: 0.4637
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 7
  • Final Value: 749,576
  • High Value: 1,097,171
  • Low Value: 401,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $955,730
  • First Open Lien Mortgage Lender: PROSPERITY BANK
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $955,730
  • First Open Lien Mortgage Term: 251
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 09, 2041

    Market Valuation

  • Market Total Value: $738,910
  • Market Land Value: $168,000
  • Market Improvement Value: $570,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,819
  • Assessed Land Value: $14,965
  • Assessed Improvements Value: $50,854

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11791699337
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201009011509300

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY BANK
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $955,730
  • First Mortgage Terms: 251
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 09, 2041

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Frequently Asked Questions

What neighborhood is 1312 North Francis Avenue located in?
The 1312 North Francis Avenue is a commercial located in the neighborhood of Midtown in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1312 North Francis Avenue?
The average sales price for units in 1312 North Francis Avenue is $0 currently.

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