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1405 Southwest Straka Terrace

1405 Southwest Straka Terrace, Oklahoma City, OK 73159
Property in Southern Hills
Sold Aug 06, 2021
$141,000
$138,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold May 25, 2017
$96,000
$94,751 by Gateway Mortgage Group Llc
Mortgage Due Jun 01, 2047
1405 Southwest Straka Terrace in Oklahoma City, OK was first built in 1967 and is 57 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 ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1405 Southwest Straka Terrace has 1,050 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 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,187 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 500 sqft. There are a total of 2 available parking spaces. 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 frame 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 a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 3, 2021 for $141,000. That's $134.29 per sqft. Prior to that sales transaction, the property was also sold in May 19, 2017 for $96,000. 1405 Southwest Straka Terrace was last assessed in 2023. The total value of the property was assessed at $15,235. Specifically, the land the property is located on was valued at $2,772. While improvements on the property were assessed at a total of $12,463. 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 $1,803. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN HILLS 2ND
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHERN HILLS 2ND 004 028

Ownership

  • Current Owner : RUSSO RONALD
  • Previous Owner : LANDRY BRIANA
  • Previous Owner 2: OTOOLE JACK
  • Owner Before Previous Owner: CHAVEZ JESSE
  • Owner Before Previous Owner 2: CHAVEZ MONICA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 107206

Geography

  • Assessors Map Reference: 11N-3W-32-NW
  • Account Number: R109811025
  • Parcel: 109811025
  • Block: 4
  • Lot: 28
  • Meridian: NW4 SEC 32 TWN 11N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.3862
  • Longitude: -97.5427

    Address

  • Full Address: 1405 Sw Straka Ter
  • Address - House Number: 1405
  • Street Direction: SW
  • Address - Street Name: Straka
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C059
  • 4-Digit Zip Code: 5316
  • Zip Code: 73159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,803
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.218
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 174,554
  • High Value: 212,623
  • Low Value: 136,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $138,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $138,500
  • Market Land Value: $25,200
  • Market Improvement Value: $113,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,235
  • Assessed Land Value: $2,772
  • Assessed Improvements Value: $12,463

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11846743511
  • Current Sale Price: $141,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021080601139423
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 19, 2017
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $138,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: May 25, 2017
  • Previous Mortgage Loan Amount: $94,751
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About South Oklahoma City



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Frequently Asked Questions

What neighborhood is 1405 Southwest Straka Terrace located in?
The 1405 Southwest Straka Terrace is a located in the neighborhood of Southern Hills in South Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1405 Southwest Straka Terrace?
The average sales price for units in 1405 Southwest Straka Terrace is $0 currently.

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