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7401 South May Avenue

7401 South May Avenue, Oklahoma City, OK 73159
7401 South May Avenue in Oklahoma City, OK was first built in 1965 and is 59 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 7401 South May Avenue has 2,884 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 54,300 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a flat style roof made of materials that we aren't sure of. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a 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. The property was last sold in May 5, 2023 for $900,000. That's $312.07 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2021 for $925,000. 7401 South May Avenue was last assessed in 2023. The total value of the property was assessed at $101,754. Specifically, the land the property is located on was valued at $23,892. While improvements on the property were assessed at a total of $77,862. 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 $11,835. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1994
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,300
  • Lot Size Depth Feet: 10
  • Total Building Area: 2,884
  • Gross Building Area: 2,884
  • Building Area: 2,884
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: TOWN & CNTRY SHOPNG VILL 2
  • Land Acres: 1.247
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: TOWN & CNTRY SHOPNG VILL 2 001 000 PT OF LOT 1 BEG 289.29FT N OF SE/C OF LOT 2 TH W150FT N212.93FT SELY 166.62FT S150FT TO BEG

Ownership

  • Current Owner : HARRISON PROPERTY INC
  • Previous Owner : 240 & S MAY LLC
  • Owner Before Previous Owner: TOP QUALITY FOODS INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Western Heights Public Schools
  • School Tax School District: WESTERN HGTS SD
  • Census Tract: 107212

Geography

  • Assessors Map Reference: 11N-4W-25-SE
  • Account Number: R143621005
  • Parcel: 143621005
  • Block: 1
  • Lot: 1,2
  • Meridian: SE4 SEC 25 TWN 11N RNG 04W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.3931
  • Longitude: -97.566

    Address

  • Full Address: 7401 S May Ave
  • Address - House Number: 7401
  • Street Direction: S
  • Address - Street Name: May
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C054
  • 4-Digit Zip Code: 3607
  • Zip Code: 73159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,835
  • Tax Rate Code Area: 341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: FIRST BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: May 05, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $720,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 04, 2043

    Market Valuation

  • Market Total Value: $925,043
  • Market Land Value: $217,200
  • Market Improvement Value: $707,843

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,754
  • Assessed Land Value: $23,892
  • Assessed Improvements Value: $77,862

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Transaction ID: 11906230306
  • Current Sale Price: $900,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 58586
  • Previous Sale Recording Date: Jul 06, 2021
  • Previous Sale Contract Date: Jun 28, 2021
  • Previous Sale Amount: $925,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK & TRUST COMPANY
  • First Mortgage Transaction Date: May 05, 2023
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 04, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 7401 South May Avenue located in?
The 7401 South May Avenue is a commercial located in the neighborhood of Madole Hillcrest Green in South Oklahoma City, Oklahoma City.
What is the average sales price for listings in 7401 South May Avenue?
The average sales price for units in 7401 South May Avenue is $0 currently.

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