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408 E Osage Ave, Nowata, OK, 74048

1beds
1baths
1,475sqft
$25,000
$17price/sqft
$303/moest. monthly cost
$12,120/yrincome needed

About This Home

As-Is Investor opportunity on a prominent corner lot in Nowata. Existing residence requires substantial rehabilitation and is being sold strictly As-Is. Excellent potential for redevelopment, renovation, rental conversion, or future homesite. City water and sewer services are available in the area; electric and natural gas service providers include PSO and Oklahoma Natural Gas. Buyer to verify all utility availability and capacity.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

3/10
Nowata Elementary SchoolGrades PK-50.6 mi
3/10
Nowata Middle SchoolGrades 6-80.6 mi
7/10
Nowata High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Crawlspace
  • Roof: Asphalt,Fiberglass
  • Construction materials: Asbestos,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: No Hot Water,Other

Basement

  • Basement: None,Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Laminate Counters,None
  • Window features: Wood Frames

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,475
  • Total interior livable area: 1,475 sqft

Property

Details

  • Parcel number: 100101062015001600

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: None
  • Fencing: Chain Link

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Strong Wind
Tornado
Heat Wave
Lightning
Winter Weather
Hail
Inland Flooding

FEMA Declared Disasters in Nowata County and Oklahoma

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $126$1,512
Home Insurance $22$264
Property Taxes $11$132
Electricity $144$1,732
Total$303$3,636

Income You'd Need if You Spent...

35% on housing$10,388/yr
40% on housing$9,090/yr
45% on housing$8,080/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$17This listing

vs Other Active Listings

Avg $/sqft

ZIP 74048$150
Nowata County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 74048
Nowata County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-12Listed for sale$25,000
2013-06-28Sold$339

For Sale by Agent

AgentSara Little
BrokerageHomeSmart Stellar Realty

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