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5116 Southwest 122nd Terrace

5116 Southwest 122nd Terrace, Oklahoma City, OK 73173
Sold Nov 05, 2021
$258,000
$217,999 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2051
Sold Jan 19, 2021
$240,000
$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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Steel
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,142
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSON FARMS 9
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLIAMSON FARMS 9 LOT 36 BLOCK 47

Ownership

  • Current Owner : MCGILL BILLY G
  • Current Owner 2: MCGILL SHIRLEY A
  • Previous Owner : HALES DAVID C
  • Previous Owner 2: HALES AMY
  • Owner Before Previous Owner: VESTA HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Moore Public Schools
  • School Tax School District: MOORE SD
  • Census Tract: 201700

Geography

  • Account Number: 172393
  • Parcel: R0172393
  • Block: 47
  • Lot: 36
  • Meridian: SEC 15 TWN 10 RNG 04W
  • Municipality: MOORE SD-OKC
  • Latitude: 35.3455
  • Longitude: -97.6088

    Address

  • Full Address: 5116 Sw 122nd Ter
  • Address - House Number: 5116
  • Street Direction: SW
  • Address - Street Name: 122nd
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: R095
  • 4-Digit Zip Code: 8878
  • Zip Code: 73173

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,817
  • Tax Rate Code Area: OCC2

    Appraisal Valuation

  • Standard Deviation: 0.141
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 83
  • Final Value: 316,620
  • High Value: 361,278
  • Low Value: 271,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,999
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $217,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $260,183
  • Market Land Value: $42,143
  • Market Improvement Value: $218,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,221
  • Assessed Land Value: $5,057
  • Assessed Improvements Value: $26,164

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11866199062
  • Current Sale Price: $258,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2021 47667
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Jan 13, 2021
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $217,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SWBC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 19, 2021
  • Previous Mortgage Loan Amount: $235,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About Southwest Oklahoma City



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Frequently Asked Questions

What neighborhood is 5116 Southwest 122nd Terrace located in?
The 5116 Southwest 122nd Terrace is a located in the neighborhood of Southwest Oklahoma City in Southwest Oklahoma City, Oklahoma City.
What is the average sales price for listings in 5116 Southwest 122nd Terrace?
The average sales price for units in 5116 Southwest 122nd Terrace is $0 currently.

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