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7924 East 55th Street South

7924 East 55th Street South, Tulsa, OK 74145
Property in Southern Plaza
1 Units For Sale
Unit for sale at 7924 E 55th Street, Tulsa, OK 74145

$359,900 ↓ $30K

  • Commercial
  • 2,536 ft²
7924 E 55th Street, Tulsa, OK 74145 Listing by Carol Brown

7924 East 55th Street South in Tulsa, OK was first built in 1982 and is 42 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a exempt property type. It is a single story home. 7924 East 55th Street South has 2,536 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 9,191 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 wood 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. 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. 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, 7924 East 55th Street South sold most recently in Oct 4, 2023 for a total of $280,000. If you work out the math, that's approximately a cost of $110.41 per sqft. Before that, the property was also sold for $260,000 in Aug 5, 2021. 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 $3,813 in taxes each year. The initial year of tax delinquency occurred in 2021. 7924 East 55th Street South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,600. If we break it down further, the land itself was valued at $7,579. Improvements to the property, however, were assessed at a total of $21,021. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

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: 1982
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,191
  • Total Building Area: 2,536
  • Gross Building Area: 2,536
  • Building Area: 2,536
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Exempt
  • Subdivision: MEMORIAL DRIVE OFFICE PARK RESUB PRT L1
  • Land Acres: 0.211
  • Standard Land Use Code: Hospital-public
  • Legal Description 1: PRT LTS 10 & 11 BEG 11.42E & 80.52 NE ON CRV RT NWC LT 11 TH E51 S192.51 SW11.19 N35.01 W41 N161.75 POB BLK 1

Ownership

  • Current Owner : SULLIVAN SHAE
  • Current Owner 2: SULLIVAN KALAN
  • Previous Owner : BOOMER REAL ESTATE LLC
  • Owner Before Previous Owner: FREIJE PROPERTIES LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Tulsa Public Schools
  • School Tax School District: TULSA SD
  • Census Tract: 006903

Zoning

  • Zoning: OL

Geography

  • Assessors Map Reference: 19N-13E-35-NE
  • Account Number: R27070933525670
  • Parcel: 27070-93-35-25670
  • Block: 1
  • Lot: 10
  • Meridian: SEC 35 TWN 19N RNG 13E
  • Municipality: TULSA CITY
  • Latitude: 36.0848
  • Longitude: -95.8872

    Address

  • Full Address: 7924 E 55th St
  • Address - House Number: 7924
  • Street Direction: E
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Tulsa
  • Carrier Code: C023
  • 4-Digit Zip Code: 7818
  • Zip Code: 74145

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,813
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: T-1A

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Loan Amount: $335,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2028

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $68,900
  • Market Improvement Value: $191,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,600
  • Assessed Land Value: $7,579
  • Assessed Improvements Value: $21,021

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Transaction ID: 11914105668
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 80609
  • Previous Sale Recording Date: Aug 10, 2021
  • Previous Sale Contract Date: Aug 05, 2021
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Oct 04, 2023
  • First Mortgage Loan Amount: $335,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 28, 2028

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 10, 2021
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 05, 2036

About Southern Plaza



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Frequently Asked Questions

What neighborhood is 7924 East 55th Street South located in?
The 7924 East 55th Street South is a located in the neighborhood of Southern Plaza in Southern Plaza, Tulsa.
How many listings are currently for sale in 7924 East 55th Street South?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 7924 East 55th Street South?
The average sales price for units in 7924 East 55th Street South is $359,900 , or $142/sqft. currently.

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