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703 South McFarland Street

703 South McFarland Street, Stillwater, OK 74074
Property in Payne
Sold Aug 25, 2021
$129,000
$84,000 by Bancfirst
Mortgage Due Sep 01, 2036
Sold Jun 03, 2019
$125,000
$118,750 by Gateway Mortgage Group Llc
Mortgage Due Jun 01, 2049
Local assessors in Stillwater, OK have categorized 703 South McFarland Street as a residential type of property. The home was built in 1939 and is 85 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,386 ft and the front of the lot was measured at 350 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 1 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 is also a partial bathroom. 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 703 South McFarland Street has a total of 1,040 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 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 - C. The building has a gable style roof that was made of composition shingle. Lots of unknown 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. The property was last sold in Aug 20, 2021 for $129,000. That's $124.04 per sqft. Prior to that sales transaction, the property was also sold in May 25, 2019 for $125,000. 703 South McFarland Street was last assessed in 2023. The total value of the property was assessed at $14,456. Specifically, the land the property is located on was valued at $3,459. While improvements on the property were assessed at a total of $10,997. 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 $1,467. 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. 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: 1939
  • Effective Year Built: 1939
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 228
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,386
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCFARLAND ACRES SUB BLK 1
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCFARLAND ACRES SUB BLK 1 (SUB LOTS 1-4 & 7-9) BLK 8 N-53' LOT 10

Ownership

  • Current Owner : SIMMS ALEXANDER R
  • Current Owner 2: SIMMS ANDREA B
  • Previous Owner : BERLANGA LUIS
  • Previous Owner 2: BERLANGA SUZANNE OLIVIA
  • Owner Before Previous Owner: MILLER NICHOLAS
  • Owner Before Previous Owner 2: MILLER SIERRA

Neighborhood

  • School District Name: Stillwater Public Schools
  • School Tax School District: STILLWATER SD
  • School Tax District Code 2: STILLWATER
  • Census Tract: 010800

Geography

  • Account Number: 18770
  • Parcel: 600018770
  • Block: 8
  • Lot: 1-4,10
  • Meridian: SEC 22 TWN 19N RNG 02E
  • Municipality: STILLWATER
  • Latitude: 36.1141
  • Longitude: -97.0825

    Address

  • Full Address: 703 S Mcfarland St
  • Address - House Number: 703
  • Street Direction: S
  • Address - Street Name: Mcfarland
  • Address - Suffix Type: St
  • State: OK
  • City Name: Stillwater
  • Carrier Code: C009
  • 4-Digit Zip Code: 4147
  • Zip Code: 74074

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,467
  • Tax Rate Code Area: 016T

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: BANCFIRST
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Loan Amount: $84,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $133,720
  • Market Land Value: $32,000
  • Market Improvement Value: $101,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,456
  • Assessed Land Value: $3,459
  • Assessed Improvements Value: $10,997

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11853807165
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-011006
  • Previous Sale Recording Date: Jun 03, 2019
  • Previous Sale Contract Date: May 25, 2019
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCFIRST
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Jun 03, 2019
  • Previous Mortgage Loan Amount: $118,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Stillwater



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Frequently Asked Questions

What neighborhood is 703 South McFarland Street located in?
The 703 South McFarland Street is a located in the neighborhood of Payne in Stillwater, Stillwater.
What is the average sales price for listings in 703 South McFarland Street?
The average sales price for units in 703 South McFarland Street is $0 currently.

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