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301 North Walker Avenue

301 North Walker Avenue, Oklahoma City, OK 73102
Commercial in Arts District
Sold Jan 14, 2020
$58,900,000
$30,000,000 by Berkley Point Capital Llc
Mortgage
Sold Sep 05, 2013
$48,750,500
$33,626,000 by Capital One Na
Mortgage Due Aug 28, 2018
301 North Walker Avenue 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 2007 and is 17 years old. The building has a total of 4 stories. In addition, 301 North Walker Avenue has 413,783 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 272,337 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of materials we are unsure of. 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 are 4 fireplaces in the home. Perfect for those wintery nights. The property was last sold in Jan 10, 2020 for $58,900,000. That's $142.35 per sqft. Prior to that sales transaction, the property was also sold in Aug 26, 2013 for $48,750,500. 301 North Walker Avenue was last assessed in 2023. The total value of the property was assessed at $5,500,000. Specifically, the land the property is located on was valued at $299,570. While improvements on the property were assessed at a total of $5,200,430. 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 $675,510. 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. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 13
  • Total Rooms: 1
  • Bedroom Count: 2
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 4
  • Living Units: 303
  • Business/Commerical Units Count: 303
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 272,337
  • Total Building Area: 413,783
  • Gross Building Area: 413,783
  • Building Area: 413,783
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 4
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 413,783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BENNETT & GERSON ADD
  • Land Acres: 6.252
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BENNETT & GERSON ADD 000 000 PT OF BLK 4 EDWARDS ADDN & PT OF BLKS 1 & BLK 6 BENNETT & GERSON ADDN & PT OF ALLEYS LOCATED THEREIN & PT OF DEWEY AVE & PT OF NW 3RD ST DESCRIBED AS BEG 100.02FT W OF NE/C BLK 4 EDWARDS ADDN TH SLY160FT E100.03FT SLY499.

Ownership

  • Current Owner : OK ARTS DISTRICT APARTMNETS LLC
  • Previous Owner : GS LEGACY ARTS QUARTER LLC
  • Owner Before Previous Owner: INLAND AMERICAN OKLAHOMA CITY LEGACY ART
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 103200

Geography

  • Assessors Map Reference: 12N-3W-33-SW
  • Account Number: R013360260
  • Parcel: 013360260
  • Block: 4,1,6
  • Lot: 3-6
  • Meridian: SW4 SEC 33 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.471
  • Longitude: -97.522

    Address

  • Full Address: 301 N Walker Ave
  • Address - House Number: 301
  • Street Direction: N
  • Address - Street Name: Walker
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C001
  • 4-Digit Zip Code: 1816
  • Zip Code: 73102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,510
  • Tax Rate Code Area: 200TF2D

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000,000
  • First Open Lien Mortgage Lender: BERKLEY POINT CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2020
  • First Open Lien Mortgage Loan Amount: $30,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $50,000,000
  • Market Land Value: $2,723,370
  • Market Improvement Value: $47,276,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,500,000
  • Assessed Land Value: $299,570
  • Assessed Improvements Value: $5,200,430

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 14, 2020
  • Current Sale Transaction ID: 11716688505
  • Current Sale Price: $58,900,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20200114010061890
  • Previous Sale Recording Date: Sep 05, 2013
  • Previous Sale Contract Date: Aug 26, 2013
  • Previous Sale Amount: $48,750,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BERKLEY POINT CAPITAL LLC
  • First Mortgage Transaction Date: Jan 14, 2020
  • First Mortgage Loan Amount: $30,000,000
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL ONE NA
  • Previous Mortgage Transaction Date: Sep 05, 2013
  • Previous Mortgage Loan Amount: $33,626,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 28, 2018

About Central Oklahoma City



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Nearby Rentals

Unit for rent at

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,376 ft²
Listing by Manager
Unit for rent at

$1,668 /mo

  • 1 Bed
  • 1 Bath
  • 964 ft²
Listing by Manager
Unit for rent at

$1,595 /mo

  • 2 Beds
  • 1 Bath
  • 1,279 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 301 North Walker Avenue located in?
The 301 North Walker Avenue is a commercial located in the neighborhood of Arts District in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 301 North Walker Avenue?
The average sales price for units in 301 North Walker Avenue is $0 currently.

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