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523 West Elder Drive

523 West Elder Drive, Mustang, OK 73064
Sold Feb 19, 2020
$121,500
$226,843 by First Fidelity Bank
Mortgage Due Apr 22, 2029
Sold Apr 04, 2011
$92,000
$92,000 by First American Mortgage Inc
Mortgage Due Apr 01, 2041
523 West Elder Drive has been categorized by the local assessors in Mustang, OK as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 523 West Elder Drive has 915 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. 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 gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing floor/wall 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, 523 West Elder Drive was last sold in Feb 14, 2020 for $121,500. According to our calculations, that's $132.79 per sqft. Prior to that sales transaction, the property was sold for $92,000 in Mar 30, 2011. Current property owners are expected to pay $1,421 in taxes per year. The property on 523 West Elder Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,246. To break that down further, the land itself was valued at $2,160. While improvements to the property were assessed at a total of $12,086. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Traditional
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 915
  • Gross Building Area: 957
  • Building Area: 915
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 915
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MUSTANG HTS SEC 4
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MUSTANG HTS 4TH LT 27 BLK 27

Ownership

  • Current Owner : SDR PROPERTY MANAGEMENT LLC
  • Previous Owner : WATSON RAY
  • Owner Before Previous Owner: KIMBRO MICHAEL J
  • Owner Before Previous Owner 2: KIMBRO RENA L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mustang Public Schools
  • School Tax School District: MUSTANG SD
  • Census Tract: 301409

Geography

  • Assessors Map Reference: 11N-5W-33-NW
  • Account Number: 090008475
  • District: T040
  • Parcel: 090008475
  • Block: 27
  • Lot: 27
  • Meridian: SEC 33 TWN 11N RNG 05W
  • Municipality: MUSTANG
  • Latitude: 35.3889
  • Longitude: -97.7342

    Address

  • Full Address: 523 W Elder Dr
  • Address - House Number: 523
  • Street Direction: W
  • Address - Street Name: Elder
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Mustang
  • Carrier Code: C001
  • 4-Digit Zip Code: 3328
  • Zip Code: 73064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,421
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 164,317
  • High Value: 190,906
  • Low Value: 137,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,843
  • First Open Lien Mortgage Lender: FIRST FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $226,843
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 22, 2029

    Market Valuation

  • Market Total Value: $140,542
  • Market Land Value: $18,000
  • Market Improvement Value: $122,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,246
  • Assessed Land Value: $2,160
  • Assessed Improvements Value: $12,086

    Sales

  • Current Sale Contract Date: Feb 14, 2020
  • Current Sale Recording Date: Feb 19, 2020
  • Current Sale Transaction ID: 11741823074
  • Current Sale Price: $121,500
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: R 2020 4509
  • Previous Sale Recording Date: Apr 04, 2011
  • Previous Sale Contract Date: Mar 30, 2011
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALL AMERICA BANK
  • First Mortgage Transaction Date: Feb 19, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 04, 2011
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Southwest Oklahoma City



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Frequently Asked Questions

What neighborhood is 523 West Elder Drive located in?
The 523 West Elder Drive is a house located in the neighborhood of Southwest Oklahoma City in Southwest Oklahoma City, Mustang.
What is the average sales price for listings in 523 West Elder Drive?
The average sales price for units in 523 West Elder Drive is $0 currently.

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