5116 Southwest 122nd Terrace
5116 Southwest 122nd Terrace, Oklahoma City, OK 73173
Property
in
Southwest Oklahoma City
Sold Nov 05, 2021
$258,000
Seller
$217,999
by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2051
Sold Jan 19, 2021
$240,000
Buyer
Seller
$235,653
by Swbc Mortgage Corp
Mortgage Due Feb 01, 2051
Local assessors in Oklahoma City, OK have categorized 5116 Southwest 122nd Terrace as a residential type of property.
The home was built in 2020 and is 4 years old.
The property's lot size has been calculated to be 6,142 square feet.
Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom.
As for the restroom situation, there are 2 full bathrooms.
There are also 2 partial bathrooms.
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.
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 steel control joints. The building has a hip style roof that was made of asphalt. Lots of a combination of material 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 2, 2021 for $258,000. Prior to that sales transaction, the property was also sold in Jan 13, 2021 for $240,000. 5116 Southwest 122nd Terrace was last assessed in 2023. The total value of the property was assessed at $31,221. Specifically, the land the property is located on was valued at $5,057. While improvements on the property were assessed at a total of $26,164. 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 $3,817. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.
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 steel control joints. The building has a hip style roof that was made of asphalt. Lots of a combination of material 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 2, 2021 for $258,000. Prior to that sales transaction, the property was also sold in Jan 13, 2021 for $240,000. 5116 Southwest 122nd Terrace was last assessed in 2023. The total value of the property was assessed at $31,221. Specifically, the land the property is located on was valued at $5,057. While improvements on the property were assessed at a total of $26,164. 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 $3,817. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.