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$265,000   Price Analysis
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922 3rd St
Alva, OK 73717
3 bed 2 bath 2,388 SqFt ($110/SqFt)
0.31 acre lot.
Listed 2023-07-26, Taxes $878
USDA Eligible
near Alva, OK
 Restrictions may apply
due to home size

Have you ever considered owning and operating a bed and breakfast?Perhaps the thought of a small quaint restaurant

Serving an exclusive menu, has crossed your mind.Zoned Commercial General, this lovely property has so many possibilities.This property also serves as a charming home with room for the entire family! With 1.16 lots, this property has plenty of room for expansion whether it is a large deck for entertaining, a swimming pool or perhaps additional parking, should a potential buyer wish to utilize it as a commercial property.The yard is fenced with alley access.The detached garage/shop provides plenty of space for covered parking for your vehicle. You a re greeted with character upon entering the front porch area of the home, with an arched entry on the west side and shutters around the door (and windows) and iron light fixtures. The front door itself is a piece of art with wood and glass and a special key system.The open living room is filled with pleasing features such as a brick fireplace with exquisite built-in bookcases on either side.The natural light that flows in this room is so wonderful and the wood floors are phenomenal. To the right of the living room is the grand dining room. The crown molding throughout this property gives these large rooms an even more elegant touch!The dining room can accommodate a large dining room table and chairs quite easily, perfect for the family holiday gathering and special dinners. Or should a potential buyer be considering this as a small intimate restaurant/bed and breakfast, this space could accommodate several tables for two or four. A special arched area tucked into the dining room wall would accommodate a collectible display hutch or could serve as a waitstaff station. The bright and cheery kitchen is located directly by the dining room and provides incredible storage and functionality.The stove, refrigerator and dishwasher stay with the property. The main floor also features two roomy bedrooms with beautiful wood floors. The hall bathroom has adeep soaker tub and shower combo.With recent renovations and existing charm, this bathroom is so cute and centrally located!

Additional storage is located in the hallway between the bedrooms and bathroom and the woodwork is gorgeous. A bonus room is also located on the main floor that is currently being utilized as the laundry room.Withhookups also featured in the basement, you could transition this space to a butler's pantry or servers' station if used as a commercial restaurant or bed & breakfast space. The upstairs space is incredible. Currently there is a spacious living room area in the landing located at the top of the stairs.It could be transitioned into additional bedroom space, if needed. The master bedroom can easily accommodate oversized furniture and has room for a sitting area, vanity area and more.This could be a fantastic space for teenagers as well. There is a half bath attached to the master bedroom.A designated space on this floor has been carved out to create the master bathroom of your dreams!The foundation for this space is there. The large soaker tubwill stay with the home. There is a full basement waiting for you to transition into all the bonus area's you could ever dream of.If you would like a home movie theatre, craft room, man cave, workout space, additional bedrooms, there is ample room to design the space you need.Now, if a potential buyer would consider this property to be more of a commercial space, this could be an exceptional cigar lounge or additional dining space for private dinner parties or holiday gatherings. The basement also features the space to add a complete bathroom and washer & dryer. A special room is also around the corner from the bathroom area for storag, a workshop and houses the interior HVAC unit and hot water tank.Make your appointment today for your personal tour of this property.


Presented by Rachel Spellman-hughes at
Kohlrus Real Estate Llc.


Property MLS #11193948 from MyStateMLS

Bedrooms: 3

Refrigerator: Y
Oven: Y
Kitchen Type: Pass-Through
Kitchen Description: Pass-Through

Cooling Features: Central AC
Heating Features: Forced Air
Heating Fuel: Gas
Number of Fireplaces: 1

Full Bathrooms: 1
1/2 Bathrooms: 1

Flooring: Carpet, Tile, Hardwood

Basement Description: Basement Type: Partial

Fencing: 1

Driveway: 1
Garage Spaces: 1
Garage Description: Detached
Parking Features: Detached

Lot Size Acres: 0.305326
Lot Size Square Feet: 13300

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: 40151
Source Property Type: House (Detached)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$11,373 + $1,397
$12,770
$878
2021$11,136 + $1,263
$12,399
$850
2020$10,823 + $1,215
$12,038
$790
2019$10,492 + $1,195
$11,687
$765
2018$10,211 + $1,136
$11,347
$763
2017$9,811 + $1,206
$11,017
$739
2016$9,552 + $1,143
$10,695
$713
2015$9,438 + $947
$10,385
$691
2014$9,180 + $902
$10,082
$674
2013$8,891 + $897
$9,788
$662
2011$8,717 + $334
$9,051
$618
2010$8,717 + $334
$9,051
$610
2008$8,717 + $334
$9,051
$610
2006$5,226 + $267
$5,493
$419
2006$8,407 + $334
$8,741
$594

Price Changed 2023-09-25
$265,000
MyStateMLS
Listed 2023-07-26
$275,000
MyStateMLS
Sold 2006-05-15
$76,000
Public Record
Sold 1997-09-25
$30,000
Public Record

Total Square Feet Living: 2388
Levels or Stories: 2

Sewer: Municipal
1
Water Source: Municipal

Lincoln Elementary School is a public elementary school located approximately 0.6 miles away.
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Alva Middle School is a public middle school located approximately 0.7 miles away.
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Alva High School is a public high school located approximately 1.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.