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3509 North Nesbitt Avenue

3509 North Nesbitt Avenue, Oklahoma City, OK 73112
Property in Pennington
Sold Jul 07, 2022
$1,900,000
$1,425,000 by Bank Of The West
Mortgage Due Jun 24, 2032
Sold Nov 03, 2020
$1,465,000
$1,172,000 by Weokie Cu
Mortgage
Local assessors in Oklahoma City, OK have categorized 3509 North Nesbitt Avenue as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 30,082 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3509 North Nesbitt Avenue has a total of 16,126 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. 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 brick 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 gable style roof that was made of composition shingle. Lots of brick 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. 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, 3509 North Nesbitt Avenue was last sold in Jul 7, 2022 for $1,900,000. According to our calculations, that's $117.82 per sqft. Prior to that sales transaction, the property was sold for $1,465,000 in Nov 2, 2020. Current property owners are expected to pay $18,691 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 3509 North Nesbitt Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $153,314. To break that down further, the land itself was valued at $11,581. While improvements to the property were assessed at a total of $141,733. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 28
  • Business/Commerical Units Count: 28
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,082
  • Total Building Area: 16,126
  • Gross Building Area: 16,126
  • Building Area: 16,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 16,126
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWEST PARK 2ND
  • Land Acres: 0.691
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: NORTHWEST PARK 2ND 007 000 E/2 OF BLK 7 EX E100FT OF S75FT & EX W50.55FT OF S/2 E/2 BLK 7

Ownership

  • Current Owner : DW INVESTORS LLC
  • Previous Owner : 3509 NESBITT LLC
  • Owner Before Previous Owner: BALBOA VILLAGE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Putnam City Public Schools
  • School Tax School District: PUTNAM CITY SD
  • Census Tract: 105903

Geography

  • Assessors Map Reference: 12N-4W-23-NE
  • Account Number: R143963510
  • Parcel: 143963510
  • Block: 7
  • Meridian: NE4 SEC 23 TWN 12N RNG 04W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5066
  • Longitude: -97.586

    Address

  • Full Address: 3509 N Nesbitt Ave
  • Address - House Number: 3509
  • Street Direction: N
  • Address - Street Name: Nesbitt
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C030
  • 4-Digit Zip Code: 3380
  • Zip Code: 73112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,691
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.4637
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 7
  • Final Value: 1,404,467
  • High Value: 2,055,750
  • Low Value: 753,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,425,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Jul 07, 2022
  • First Open Lien Mortgage Loan Amount: $1,425,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 24, 2032

    Market Valuation

  • Market Total Value: $1,393,770
  • Market Land Value: $105,287
  • Market Improvement Value: $1,288,483

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,314
  • Assessed Land Value: $11,581
  • Assessed Improvements Value: $141,733

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Transaction ID: 11891759882
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 104441
  • Previous Sale Recording Date: Nov 03, 2020
  • Previous Sale Contract Date: Nov 02, 2020
  • Previous Sale Amount: $1,465,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Jul 07, 2022
  • First Mortgage Loan Amount: $1,425,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 24, 2032

    Previous Mortgages

  • Previous Mortgage Lender: WEOKIE CU
  • Previous Mortgage Transaction Date: Nov 03, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 3509 North Nesbitt Avenue located in?
The 3509 North Nesbitt Avenue is a located in the neighborhood of Pennington in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 3509 North Nesbitt Avenue?
The average sales price for units in 3509 North Nesbitt Avenue is $0 currently.

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