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505 West Main Street

505 West Main Street, Marietta, OK 73448
Property in Love
505 West Main Street has been categorized by the local assessors in Marietta, OK as a commercial type of property. The building on the property was first built in 1935 and is 89 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 505 West Main Street has 1,242 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 17,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 640 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a flat style roof made of tar and gravel. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a space/suspended heating system. 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, 505 West Main Street was last sold in Jul 14, 2021 for $74,000. According to our calculations, that's $18.50 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Jun 30, 2014. Current property owners are expected to pay $943 in taxes per year. The property on 505 West Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,880. To break that down further, the land itself was valued at $2,087. While improvements to the property were assessed at a total of $6,793. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,500
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 4,000
  • Gross Building Area: 1,242
  • Building Area: 4,000
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Space/suspended
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: MARIETTA CITY
  • Land Acres: 0.402
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: E 50' LOT 1 & LOT 2 LESS E 25' OF BLK 29 MARIETTA CITY DIVORCE 817/16

Ownership

  • Current Owner : MCGEHEE GREGGORY SCOTT
  • Current Owner 2: MCGEHEE SHAWNA
  • Previous Owner : BIRDWELL STEVE
  • Previous Owner 2: BIRDWELL STEVE RAY
  • Owner Before Previous Owner: BELL STEPHEN RAY
  • Owner Before Previous Owner 2: BELL JOHNI BELINDA

Neighborhood

  • School District Name: Marietta Public School
  • School Tax School District: MARIETTA SD
  • School Tax District Code 2: MARIETTA
  • Census Tract: 094100

Zoning

  • Zoning: C2

Geography

  • Account Number: 6259
  • Parcel: 1040-00-029-001-0-002-00
  • Block: 29
  • Lot: 1,2
  • Municipality: MARIETTA SUBS
  • Latitude: 33.9372
  • Longitude: -97.1223

    Address

  • Full Address: 505 W Main St
  • Address - House Number: 505
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: OK
  • City Name: Marietta
  • Carrier Code: C001
  • 4-Digit Zip Code: 2839
  • Zip Code: 73448

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943
  • Tax Rate Code Area: 201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: BANCFIRST
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 14, 2036

    Market Valuation

  • Market Total Value: $74,000
  • Market Land Value: $17,390
  • Market Improvement Value: $56,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,880
  • Assessed Land Value: $2,087
  • Assessed Improvements Value: $6,793

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Transaction ID: 11843898902
  • Current Sale Price: $74,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-002056
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCFIRST
  • First Mortgage Transaction Date: Jul 16, 2021
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 14, 2036

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANCFIRST
  • Previous Mortgage Transaction Date: Jul 02, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 30, 2029

About Marietta



Similar Buildings

Property at 505 West Main Street,

602 Southeast 5th Avenue

  • 1 Unit for Sale
  • 1 Story
602 Southeast 5th Avenue, Marietta, OK 73448

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 West Main Street located in?
The 505 West Main Street is a located in the neighborhood of Love in Marietta, Marietta.
What is the average sales price for listings in 505 West Main Street?
The average sales price for units in 505 West Main Street is $0 currently.

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