$145,000 Price Analysis    ♡   Choctaw, OK 73020 1 bed 1 bath 1,412 SqFt ($102/SqFt) 2.25 acre lot. Built 1940 Listed 2024-04-02, Taxes $265 | ✓ USDA Eligible near Choctaw, OK |
Let's talk APPRECIATION!!!
This 2.25 ac (MOL) of prime Choctaw Real Estate is sure to bring solid returns as the city develops. Located on a corner lot, steps from arterial intersection 23rd and Hiwassee and conveniently between Choctaw and Nicoma Park townships, this acreage is within a designated Growth District by The City of Choctaw. Current plans to rezone are to Suburban Residential, with possibility of rezoning Commercial in the near future. Recent commercial development nearby includes full-service Domino Gas Station at NE corner of 23rd a nd Hiwassee. Property is 1 minute away from luxurious 18 hole Choctaw Creek Golf Course which will soon be home to local staple, Charlie's Sports Bar. Buy & hold; buy, flip & rent; or buy, flip & occupy; for several years, rezone, then liquidate and realize massive profits. Several structures are housed on the property, all of which are dilapidated. There is some value in structures, however most value is in the land. Property has 2 wells and sptic, functionality of which is unknown. Mineral Rights potentially available. Seller claims to own entire mineral acreage, however deed research suggests 50% ownership of Lot 18 only. More research to come. Storage Wars!
Additional potential value to chattel located on the property (vintage clothes & furniture, antique appliances, etc.) Property is two lots sold as one. Property being sold as-is, however demolition work potentially negotiable. Buyer to verify all information. ABSOLUTELY NO TRESSPASSING, APPOINTMENT REQUIRED
Presented by Eli C. Fritts at
McGraw REALTORS - Edmond.
Property MLS #1106356 from OklahomaCity
Outbuildings
Lot Size Acres: 2.252
Lot Size Square Feet: 98097
High School: Choctaw HS
High School District: Choctaw/Nicoma Park
Middle School: Nicoma Park MS
School District: Choctaw/Nicoma Park
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Oklahoma
Directions: GPS not correct. Contact Listing Agent for directions.
Source Property Type: Residential
Parcel Number: 13031NE26th73020
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,881 + $409 $2,290 | $265 |
| 2021 | $1,667 + $514 $2,181 | $253 |
| 2020 | $1,588 + $489 $2,077 | $242 |
| 2019 | $1,470 + $509 $1,979 | $231 |
| 2018 | $1,392 + $493 $1,885 | $221 |
| 2017 | $1,318 + $476 $1,794 | $209 |
| 2016 | $1,236 + $472 $1,708 | $200 |
| 2015 | $1,178 + $450 $1,628 | $191 |
| 2014 | $1,142 + $408 $1,550 | $184 |
| 2013 | $1,108 + $368 $1,476 | $176 |
| 2012 | $1,063 + $343 $1,406 | $163 |
| 2010 | $1,038 + $301 $1,339 | $145 |
| 2009 | $934 + $281 $1,215 | $139 |
| 2009 | $975 + $300 $1,275 | $139 |
$145,000
OklahomaCity
Year Built: 1940
Building Exterior Type: Brick
Construction Materials: Brick
Foundation Details: Slab
Levels: One
Property Age: 84
Roof: Composition
Levels or Stories: 1
Building Total Stories: 1
Total Area Sqft: 1412
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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.