408 North 1st Street

Local assessors in Madill, OK have categorized 408 North 1st Street as a industrial type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 4,375 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 350 ft. 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 408 North 1st Street has a total of 720 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. 408 North 1st Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 flat style roof that was made of tar and gravel. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 30, 2012 for $39,500. That's $54.86 per sqft. 408 North 1st Street was last assessed in 2023. The total value of the property was assessed at $5,062. Specifically, the land the property is located on was valued at $3,260. While improvements on the property were assessed at a total of $1,802. 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 $456. 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.