Zip Code
1508 Cherry St, Muskogee, OK 74403
2 beds · 1 bath · 982 sq ft · Lot: 13,400 sq ft · Single Family Home · Last Sold: $12.5K in 2015 · Built: 1940
Est. Value:
$79.6K
Est. Rent:
$1.2K/month

1508 Cherry St Muskogee, OK 74403

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2 beds · 1 bath · 982 sq ft · Lot Size: 13,400 sq ft · Single Family Home
Est. Property Value: $79,559

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1508 Cherry St is in the 74403 neighborhood of Muskogee, OK. It is located in Muskogee County and ZIP code 74403. This Single Family Home was built in 1940 and is approximately 85 years old. The single family home spans 982 sq ft with 2 bedrooms and 1 bathroom and sits on a 13400 sq ft lot. According to public records, it was last sold in 2015 for $12,500 and has a tax-assessed value of $18,656, which is $81 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1508 Cherry St Muskogee, OK 74403 with Property Intel by Whitepages.

Investment Potential for 1508 Cherry St

The property has a current estimated value of $79,559, which is 6% above the zip median, based on public records. It last sold on December 31, 2015 for $12.5K. Projected long-term
is $14,400 annually ($1,200 per month) with a 87% occupancy rate.

Discover more Single Family Homes in 74403.

Long-Term

Gross Rental
$14,400 per year($1,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 74403 zip code
 
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Owners & Occupancy for 1508 Cherry St

This property is owned by Roosevelt L Davis. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

Cell Phone(918) ***-****View Cell Phone
Residence************
Landline(918) 683-3493
Distance from Property**********
Email Address***************@yahoo.comView Email

Property Ownership Information

Purchase DateDecember 31, 2015
Property Tax Amount$115 in 2024
Purchase Price$12,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 49
Resident 2***************** age 69

Property Details for 1508 Cherry St

Property Details

Property Sq Ft

Living Area

982 sq ft

8% below market

Lot Size

13,400 sq ft

79% above market

Price Per Sq Ft

Living Area

$81 / sq ft

11% above market

Lot Size Area

$6 / sq ft

37% below market

Property condition, age, exterior, etc. for 1508 Cherr…
Longitude: -95.351263 Latitude: 35.761309 Parcel Number (APN): 510008521…
Mortgage originated on through lender: Sterling Terry for$*****View Mortgage Details
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Market Benchmarks

Compare data for 1508 Cherry St in Muskogee County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$79,559
$110,923
-$31,363 (-28%)
$168,333
-$64,728 (-38%)
YoY Price Change
Year Built
1940
1951
-11 years
Living Space
982 sq ft
1,020 sq ft
-38 (-4%)
$ Per Living Sq Ft
$81
$111
-$30 (-27%)
Lot Size
13,400 sq ft
8,499 sq ft
4901 (58%)
$ Per Lot Sq Ft
$6
$13
-$7 (-55%)

Net Operating Income
$13,055
-$1,285 (-10%)
Annual Revenue
$14,400
$16,200
-$1,800 (-11%)
$3,087
-$457 (-15%)
Net Operating Income
$13,055
-$1,285 (-10%)
Cap Rate
11.25%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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