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3312 Sherman Terrace

3312 Sherman Terrace, Oklahoma City, OK 73111
Sold Apr 01, 2021
$135,000
$132,554 by First United Bank & Trust Co
Mortgage Due Apr 01, 2051
Sold Apr 16, 2020
$36,000
3312 Sherman Terrace in Oklahoma City, OK was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 1979. 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3312 Sherman Terrace has 1,111 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 650 ft and the linear feet between the front and back of the lot is 1,490. In total, the area measurement of the land is 9,670 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 garage. The garage is 406 sqft. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 23, 2021 for $135,000. That's $121.51 per sqft. Prior to that sales transaction, the property was also sold in Apr 9, 2020 for $36,000. 3312 Sherman Terrace was last assessed in 2023. The total value of the property was assessed at $15,419. Specifically, the land the property is located on was valued at $2,027. While improvements on the property were assessed at a total of $13,392. 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 $1,894. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1957
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Garage
  • Garage Square Area: 406
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,670
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,111
  • Gross Building Area: 1,111
  • Building Area: 1,111
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,111
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK ESTATES 13TH
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK ESTATES 13TH 002 010

Ownership

  • Current Owner : AMADOR VIDAL M
  • Current Owner 2: MERCADO IRACEMA GUADALUPE
  • Previous Owner : MENDOZA VICTOR DANIEL
  • Owner Before Previous Owner: HSBC BANK USA NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 100400

Geography

  • Assessors Map Reference: 12N-3W-23-NW
  • Account Number: R035251215
  • Parcel: 035251215
  • Block: 2
  • Lot: 10
  • Meridian: NW4 SEC 23 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5029
  • Longitude: -97.4868

    Address

  • Full Address: 3312 Sherman Ter
  • Address - House Number: 3312
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C015
  • 4-Digit Zip Code: 4027
  • Zip Code: 73111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,894
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 153,235
  • High Value: 191,186
  • Low Value: 115,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,554
  • First Open Lien Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $151,000
  • Market Land Value: $19,854
  • Market Improvement Value: $131,146

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,419
  • Assessed Land Value: $2,027
  • Assessed Improvements Value: $13,392

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11844758994
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021040101055478
  • Previous Sale Recording Date: Apr 16, 2020
  • Previous Sale Contract Date: Apr 09, 2020
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 3312 Sherman Terrace located in?
The 3312 Sherman Terrace is a house located in the neighborhood of Central Oklahoma City in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 3312 Sherman Terrace?
The average sales price for units in 3312 Sherman Terrace is $0 currently.

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