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2543 Northwest 55th Terrace

2543 Northwest 55th Terrace, Oklahoma City, OK 73112
House in FBIR
Sold Mar 08, 2021
$315,000
Buyer
Seller
$299,250 by United Fidelity Funding Corp
Mortgage Due Mar 01, 2051
Sold Feb 02, 2018
$289,000
$190,000 by Gateway Mortgage Group Llc
Mortgage Due Feb 01, 2033
Local assessors in Oklahoma City, OK have categorized 2543 Northwest 55th Terrace as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 2001. The property's lot size has been calculated to be 12,589 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2543 Northwest 55th Terrace has a total of 1,697 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 568 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2543 Northwest 55th Terrace was last sold in Feb 10, 2021 for $315,000. According to our calculations, that's $185.62 per sqft. Prior to that sales transaction, the property was sold for $289,000 in Jan 24, 2018. Current property owners are expected to pay $4,365 in taxes per year. The property on 2543 Northwest 55th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,539. To break that down further, the land itself was valued at $7,524. While improvements to the property were assessed at a total of $29,015. 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. 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.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: 1959
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Garage Type: Attached
  • Garage Square Area: 568
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 12,589
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,697
  • Gross Building Area: 1,697
  • Building Area: 1,697
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,697
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLE ISLE VIEW ADD
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELLE ISLE VIEW ADD 005 000 LOTS 25 THRU 27 & W15FT LT 28

Ownership

  • Current Owner : CLARK TARYN
  • Previous Owner : GREGORY CHAD
  • Owner Before Previous Owner: MITSDARFFER KELSEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 106501

Geography

  • Assessors Map Reference: 12N-3W-07-SW
  • Account Number: R114792030
  • Parcel: 114792030
  • Block: 5
  • Lot: 25-28
  • Meridian: SW4 SEC 07 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5271
  • Longitude: -97.5585

    Address

  • Full Address: 2543 Nw 55th Ter
  • Address - House Number: 2543
  • Street Direction: NW
  • Address - Street Name: 55th
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C041
  • 4-Digit Zip Code: 7134
  • Zip Code: 73112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,365
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 380,436
  • High Value: 457,721
  • Low Value: 303,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,250
  • First Open Lien Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $299,250
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $374,500
  • Market Land Value: $77,112
  • Market Improvement Value: $297,388

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,539
  • Assessed Land Value: $7,524
  • Assessed Improvements Value: $29,015

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11825562054
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021030801037829
  • Previous Sale Recording Date: Feb 02, 2018
  • Previous Sale Contract Date: Jan 24, 2018
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Feb 02, 2018
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2033

About Central Oklahoma City



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 2543 Northwest 55th Terrace located in?
The 2543 Northwest 55th Terrace is a house located in the neighborhood of FBIR in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 2543 Northwest 55th Terrace?
The average sales price for units in 2543 Northwest 55th Terrace is $315,000 , or $178/sqft. currently.

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