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5505 North Billen Avenue

5505 North Billen Avenue, Oklahoma City, OK 73112
Sold Nov 30, 2022
$530,000
$477,000 by First American Mortgage Inc
Mortgage Due Dec 01, 2052
Sold May 05, 2010
$367,500
$324,900 by First American Mortgage Inc
Mortgage Due May 01, 2040
5505 North Billen Avenue in Oklahoma City, OK was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5505 North Billen Avenue has 2,414 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 24,960 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 565 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5505 North Billen Avenue sold most recently in Nov 30, 2022 for a total of $530,000. If you work out the math, that's approximately a cost of $219.55 per sqft. Before that, the property was also sold for $367,500 in Apr 29, 2010. 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 $7,051 in taxes each year. 5505 North Billen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,410. If we break it down further, the land itself was valued at $12,051. Improvements to the property, however, were assessed at a total of $46,359. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1956
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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: Attached
  • Garage Square Area: 565
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,960
  • Total Building Area: 2,414
  • Gross Building Area: 2,414
  • Building Area: 2,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILEMAN 6TH
  • Land Acres: 0.573
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILEMAN 6TH 006 012

Ownership

  • Current Owner : LEWIS PAULA MICHELLE
  • Previous Owner : ELISE JENNIFER BRYANT
  • Owner Before Previous Owner: RICHARDSON RONALD L
  • Owner Before Previous Owner 2: RICHARDSON 2008 REVOC RONALD L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 106501

Geography

  • Assessors Map Reference: 12N-3W-07-SE
  • Account Number: R055521955
  • Parcel: 055521955
  • Block: 6
  • Lot: 12
  • Meridian: SE4 SEC 07 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5271
  • Longitude: -97.5539

    Address

  • Full Address: 5505 N Billen Ave
  • Address - House Number: 5505
  • Street Direction: N
  • Address - Street Name: Billen
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C041
  • 4-Digit Zip Code: 7742
  • Zip Code: 73112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,051
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 67
  • Final Value: 549,369
  • High Value: 677,517
  • Low Value: 421,222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $477,000
  • First Open Lien Mortgage Lender: FIRST AMERICAN MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 30, 2022
  • First Open Lien Mortgage Loan Amount: $477,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $531,000
  • Market Land Value: $109,560
  • Market Improvement Value: $421,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,410
  • Assessed Land Value: $12,051
  • Assessed Improvements Value: $46,359

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Transaction ID: 11899209688
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180666
  • Previous Sale Recording Date: May 05, 2010
  • Previous Sale Contract Date: Apr 29, 2010
  • Previous Sale Amount: $367,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST AMERICAN MORTGAGE INC
  • First Mortgage Transaction Date: Nov 30, 2022
  • First Mortgage Loan Amount: $477,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN MORTGAGE INC
  • Previous Mortgage Transaction Date: May 05, 2010
  • Previous Mortgage Loan Amount: $324,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2040

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Frequently Asked Questions

What neighborhood is 5505 North Billen Avenue located in?
The 5505 North Billen Avenue is a house located in the neighborhood of Wilemans Belle Isle in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 5505 North Billen Avenue?
The average sales price for units in 5505 North Billen Avenue is $0 currently.

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