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5501 East 108th Street South

5501 East 108th Street South, Tulsa, OK 74137
Sold Oct 05, 2021
$615,000
$492,000 by Arvest Bank
Mortgage Due Nov 01, 2051
Sold Aug 23, 1999
$510,000
5501 East 108th Street South has been categorized by the local assessors in Tulsa, OK as a residential type of property. The building on the property was first built in 1996 and is 28 years old. Residents will have access to 3 full bathrooms. There are 4 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, 5501 East 108th Street South has 5,597 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 3,909 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 17,380 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 960 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 frame 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 or hip style roof made of wood shake/ shingles. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5501 East 108th Street South sold most recently in Sep 29, 2021 for a total of $615,000. If you work out the math, that's approximately a cost of $64.70 per sqft. Before that, the property was also sold for $510,000 in Aug 9, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,288 in taxes each year. 5501 East 108th Street South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $67,650. If we break it down further, the land itself was valued at $8,250. Improvements to the property, however, were assessed at a total of $59,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 3,909
  • Garage Type: Garage
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,380
  • Total Building Area: 9,506
  • Gross Building Area: 9,506
  • Building Area: 5,597
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,597
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN PARK ESTATES
  • Land Acres: 0.399
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 16 BLK 6

Ownership

  • Current Owner : OH JUNGAH
  • Current Owner 2: CHANG YOUNG H
  • Previous Owner : YOUNG TIMOTHY A
  • Previous Owner 2: YOUNG NANCY L
  • Owner Before Previous Owner: GERRICK KENRICK C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Jenks Public Schools
  • School Tax School District: JENKS SD
  • Census Tract: 007654

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: 18N-13E-27
  • Account Number: R73218832759290
  • Parcel: 73218-83-27-59290
  • Block: 6
  • Lot: 16
  • Meridian: SEC 27 TWN 18N RNG 13E
  • Municipality: TULSA CITY
  • Latitude: 36.0072
  • Longitude: -95.9146

    Address

  • Full Address: 5501 E 108th St
  • Address - House Number: 5501
  • Street Direction: E
  • Address - Street Name: 108th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Tulsa
  • Carrier Code: R054
  • 4-Digit Zip Code: 7093
  • Zip Code: 74137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,288
  • Tax Rate Code Area: T-5A

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 756,081
  • High Value: 912,124
  • Low Value: 600,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $492,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $615,000
  • Market Land Value: $75,000
  • Market Improvement Value: $540,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,650
  • Assessed Land Value: $8,250
  • Assessed Improvements Value: $59,400

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11859270232
  • Current Sale Price: $615,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021115212
  • Previous Sale Recording Date: Aug 23, 1999
  • Previous Sale Contract Date: Aug 09, 1999
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Southern Park Estates



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Nearby Rentals

Unit for rent at 9146 S Florence Pl, Tulsa, OK, 74137

$2,000 /mo

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9146 S Florence Pl #9146 S Florence Pl, Tulsa, OK, 74137 Listing by Manager

Frequently Asked Questions

What neighborhood is 5501 East 108th Street South located in?
The 5501 East 108th Street South is a located in the neighborhood of Southern Park Estates in Southern Park Estates, Tulsa.
What is the average sales price for listings in 5501 East 108th Street South?
The average sales price for units in 5501 East 108th Street South is $0 currently.

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