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716 Velan Drive

716 Velan Drive, Rush Springs, OK 73082
Property in Grady
Refi Jun 05, 2018
Transfer
$65,000 by The First National Bank & Trus
Mortgage Due Jun 01, 2048
Local assessors in Rush Springs, OK have categorized 716 Velan Drive as a residential type of property. The home was built in 1982 and is 42 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 21,039 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 2 full bathrooms. 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 716 Velan Drive has a total of 1,575 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 806 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 brick were used in the construction of the exterior walls of the home. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a forced air unit 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. Tax-wise, the current owner is expected to pay close to $1,097 in taxes each year. 716 Velan Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,752. If we break it down further, the land itself was valued at $1,873. Improvements to the property, however, were assessed at a total of $10,879. 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: 1982
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 806
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,039
  • Total Building Area: 1,575
  • Gross Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Forced air unit
  • Heated Square Feet: 1,575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JINKS
  • Land Acres: 0.483
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 32-04-07-03850 ALL LOTS 19-20 BLOCK 1 JINKS ADDN-RUSH SPRINGS

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rush Springs Public Schools
  • Census Tract: 000701

Geography

  • Account Number: 30055
  • Parcel: R040-00-001-019-0-000-00
  • Block: 1
  • Lot: 19,20
  • Meridian: SEC 32 TWN 04N RNG 07W
  • Municipality: RUSH SPRINGS CITY
  • Latitude: 34.7737
  • Longitude: -97.9585

    Address

  • Full Address: 716 Velan Dr
  • Address - House Number: 716
  • Address - Street Name: Velan
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Rush Springs
  • Zip Code: 73082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,097

    Appraisal Valuation

  • Standard Deviation: 0.4472
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 151,021
  • High Value: 218,559
  • Low Value: 83,482

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $98,900
  • First Open Lien Mortgage Lender: THE FIRST NATIONAL BANK & TRUS
  • First Open Lien Mortgage Recording Date: Jun 05, 2018
  • First Open Lien Mortgage Loan Amount: $65,000
  • 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: Jun 01, 2048
  • Second Open Lien Mortgage Lender: THE FIRST NATIONAL BANK & TRUS
  • Second Open Lien Mortgage Recording Date: Nov 17, 2015
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $33,900
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2030

    Market Valuation

  • Market Total Value: $143,260
  • Market Land Value: $21,039
  • Market Improvement Value: $122,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,752
  • Assessed Land Value: $1,873
  • Assessed Improvements Value: $10,879

    Exemptions

  • Homeowner Exemption: Yes

About Rush Springs



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Frequently Asked Questions

What neighborhood is 716 Velan Drive located in?
The 716 Velan Drive is a located in the neighborhood of Grady in Rush Springs, Rush Springs.
What is the average sales price for listings in 716 Velan Drive?
The average sales price for units in 716 Velan Drive is $0 currently.

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