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5501 South Karen Street

5501 South Karen Street, Oklahoma City, OK 73135
Property in Highland Park
Sold Apr 12, 2021
$100,000
$90,557 by Oklahomas Cu
Mortgage Due Apr 01, 2051
Sold Sep 23, 2008
$80,000
$73,625 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2038
Local assessors in Oklahoma City, OK have categorized 5501 South Karen Street as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 6,360 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 530 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. 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. If we look only at the heated or air conditioned part of the building, then 5501 South Karen Street has a total of 1,080 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 264 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. 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. 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 South Karen Street sold most recently in Mar 22, 2021 for a total of $100,000. If you work out the math, that's approximately a cost of $92.59 per sqft. Before that, the property was also sold for $80,000 in Sep 16, 2008. 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 $1,263 in taxes each year. 5501 South Karen Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,275. If we break it down further, the land itself was valued at $1,965. Improvements to the property, however, were assessed at a total of $9,310. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 264
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,360
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDWEST HEIGHTS REPLAT
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MIDWEST HEIGHTS REPLAT 003 012

Ownership

  • Current Owner : NELSON SHARLET
  • Previous Owner : BARNES RAVIN R
  • Previous Owner 2: HARRISON RAVIN R
  • Owner Before Previous Owner: STROMSKI STEFANIE
  • Owner Before Previous Owner 2: STROMSKI KEVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Midwest City-Del City Schools
  • School Tax School District: MID-DEL SD - RS
  • Census Tract: 107401

Geography

  • Assessors Map Reference: 11N-2W-19-SE
  • Account Number: R149901510
  • Parcel: 149901510
  • Block: 3
  • Lot: 12
  • Meridian: SE4 SEC 19 TWN 11N RNG 02W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4113
  • Longitude: -97.4451

    Address

  • Full Address: 5501 S Karen St
  • Address - House Number: 5501
  • Street Direction: S
  • Address - Street Name: Karen
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C050
  • 4-Digit Zip Code: 2325
  • Zip Code: 73135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,263
  • Tax Rate Code Area: 252

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 141,775
  • High Value: 175,350
  • Low Value: 108,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,557
  • First Open Lien Mortgage Lender: OKLAHOMAS CU
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $90,557
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $102,500
  • Market Land Value: $17,872
  • Market Improvement Value: $84,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,275
  • Assessed Land Value: $1,965
  • Assessed Improvements Value: $9,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11832646297
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021041201062963
  • Previous Sale Recording Date: Sep 23, 2008
  • Previous Sale Contract Date: Sep 16, 2008
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OKLAHOMAS CU
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $90,557
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 23, 2008
  • Previous Mortgage Loan Amount: $73,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Central Oklahoma City



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Frequently Asked Questions

What neighborhood is 5501 South Karen Street located in?
The 5501 South Karen Street is a located in the neighborhood of Highland Park in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 5501 South Karen Street?
The average sales price for units in 5501 South Karen Street is $0 currently.

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