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1325 Southwest 71st Terrace

1325 Southwest 71st Terrace, Oklahoma City, OK 73159
Sold Dec 19, 2019
$171,000
Sold Dec 21, 2017
$150,000
$154,949 by Usaa Fsb
Mortgage Due Jan 01, 2048
1325 Southwest 71st Terrace has been categorized by the local assessors in Oklahoma City, OK as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 1325 Southwest 71st Terrace has 2,745 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 840 ft. The area measurement of the land has been determined as 10,498 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 1325 Southwest 71st Terrace sold most recently in Dec 19, 2019 for a total of $171,000. If you work out the math, that's approximately a cost of $62.30 per sqft. Before that, the property was also sold for $150,000 in Dec 18, 2017. 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 $2,486 in taxes each year. 1325 Southwest 71st Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,010. If we break it down further, the land itself was valued at $3,474. Improvements to the property, however, were assessed at a total of $17,536. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,745
  • Gross Building Area: 2,745
  • Building Area: 2,745
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,745
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: P B ODOMS HILLCREST PARK SEC 3
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P B ODOMS HILLCREST PARK SEC 3 008 007

Ownership

  • Current Owner : IBARRA MARCELO VILLA
  • Current Owner 2: VILLA ROSIO
  • Previous Owner : WARD LEONARD J
  • Owner Before Previous Owner: KENNEDY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 107221

Geography

  • Assessors Map Reference: 11N-3W-29-SW
  • Account Number: R099161060
  • Section: 3
  • Parcel: 099161060
  • Block: 8
  • Lot: 7
  • Meridian: SW4 SEC 29 TWN 11N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.3947
  • Longitude: -97.5406

    Address

  • Full Address: 1325 Sw 71st Ter
  • Address - House Number: 1325
  • Street Direction: SW
  • Address - Street Name: 71st
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C052
  • 4-Digit Zip Code: 3413
  • Zip Code: 73159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,486
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 241,991
  • High Value: 285,182
  • Low Value: 198,800

    Market Valuation

  • Market Total Value: $236,500
  • Market Land Value: $39,100
  • Market Improvement Value: $197,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,010
  • Assessed Land Value: $3,474
  • Assessed Improvements Value: $17,536

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Transaction ID: 11711569529
  • Current Sale Price: $171,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191219011814840
  • Previous Sale Recording Date: Dec 21, 2017
  • Previous Sale Contract Date: Dec 18, 2017
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPIRITBANK
  • First Mortgage Transaction Date: Dec 19, 2019
  • First Mortgage Loan Amount: $153,900
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Dec 21, 2017
  • Previous Mortgage Loan Amount: $154,949
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2048

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Frequently Asked Questions

What neighborhood is 1325 Southwest 71st Terrace located in?
The 1325 Southwest 71st Terrace is a house located in the neighborhood of Prairie Queen in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1325 Southwest 71st Terrace?
The average sales price for units in 1325 Southwest 71st Terrace is $0 currently.

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