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1405 Southwest 62nd Street

1405 Southwest 62nd Street, Oklahoma City, OK 73159
Sold Aug 05, 2021
$120,000
$70,000 by Bokf Na
Mortgage Due Aug 01, 2051
Sold Apr 18, 2019
$81,500
1405 Southwest 62nd Street 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 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 1405 Southwest 62nd Street has 1,057 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 1,100 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 6,055 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 384 sqft. According to our sources, there is one available parking space. 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 fair. 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 D by the local assessor. The building has a gable 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 air conditioning at the moment. In terms of heating, it is utilizing a heat pump. 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, 1405 Southwest 62nd Street sold most recently in Aug 5, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $113.53 per sqft. Before that, the property was also sold for $81,500 in Apr 11, 2019. 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 $1,579 in taxes each year. 1405 Southwest 62nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,340. If we break it down further, the land itself was valued at $2,181. Improvements to the property, however, were assessed at a total of $11,159. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1961
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,055
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,057
  • Gross Building Area: 1,057
  • Building Area: 1,057
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,057
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLCREST HEIGHTS ADD
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HILLCREST HEIGHTS ADD 088 041

Ownership

  • Current Owner : COVARRUBIAS JESSE
  • Previous Owner : MARRUFO FELIPE
  • Owner Before Previous Owner: TRAN NGHIA KHAI
  • Owner Before Previous Owner 2: DO HA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 107220

Geography

  • Assessors Map Reference: 11N-3W-29-NW
  • Account Number: R074505655
  • Parcel: 074505655
  • Block: 88
  • Lot: 41
  • Meridian: NW4 SEC 29 TWN 11N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4026
  • Longitude: -97.5421

    Address

  • Full Address: 1405 Sw 62nd St
  • Address - House Number: 1405
  • Street Direction: SW
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C051
  • 4-Digit Zip Code: 2119
  • Zip Code: 73159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,579
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 151,069
  • High Value: 187,421
  • Low Value: 114,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $129,500
  • Market Land Value: $21,175
  • Market Improvement Value: $108,325

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,340
  • Assessed Land Value: $2,181
  • Assessed Improvements Value: $11,159

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11848061443
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021080501138640
  • Previous Sale Recording Date: Apr 18, 2019
  • Previous Sale Contract Date: Apr 11, 2019
  • Previous Sale Amount: $81,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 1405 Southwest 62nd Street located in?
The 1405 Southwest 62nd Street 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 1405 Southwest 62nd Street?
The average sales price for units in 1405 Southwest 62nd Street is $0 currently.

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