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November 19, 2017, 04:08:08 am
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Author Topic: All Souls Moving Downtown - 6th/7th Frankfort/Kenosa  (Read 3426 times)
heironymouspasparagus
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« Reply #60 on: April 20, 2017, 12:25:24 pm »

Interesting.   Just had a quick look at those six houses.  the church already owns five of the six.   That last guy may be a hold-out?



I would hope they are not aggressively pushing him to sell - being nice would seem to be more their style. 

And if I were running the show, I would not go ahead and blast the other houses around him either, thereby destroying his neighborhood....  Wait until he or his heirs are ready/willing to sell.

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TulsaGoldenHurriCAN
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« Reply #61 on: April 20, 2017, 02:54:45 pm »


I would hope they are not aggressively pushing him to sell - being nice would seem to be more their style. 

And if I were running the show, I would not go ahead and blast the other houses around him either, thereby destroying his neighborhood....  Wait until he or his heirs are ready/willing to sell.


If they're moving downtown, that might indicate they've given up on expanding where they're at. However, who knows what would happen if they sell the church.
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TulsaGoldenHurriCAN
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« Reply #62 on: April 20, 2017, 02:59:00 pm »

It would be a shame to see the church torn down but I could see it happening for infill housing on that lot.  All of those areas around the Gathering Place will only continue to go up in value.  I wish I already owned real estate in Maple Ridge and West Brookside.

It's a very nice looking church but without a buyer, that could be 16+ lots in a prime location by Brookside and the Gathering Place that could likely get ~$200k/lot or more (so $3.2 million excluding the 5 extra houses they own). The tax records say it is worth $2.8 million, but might be much larger and more valuable than what it says with addons/expansions.

It might be a toss up for them between demolishing and parting lots or selling the church to another church that might run into the same issues down the line. I'm sure the neighbors would prefer it be demolished and turned into housing. If houses similar to new ones going in for the neighborhood are built, that would add about $141,000/year in taxes (~$9.4 million taxable value including land). Big gain for Tulsa and the area schools.

Or some rich person could buy it and convert it into a massive house! I bet a creative architect could make it work. People have converted old churches to homes all over the world and it can look brilliant when done well.
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SXSW
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« Reply #63 on: April 20, 2017, 03:33:51 pm »

It's a very nice looking church but without a buyer, that could be 16+ lots in a prime location by Brookside and the Gathering Place that could likely get ~$200k/lot or more (so $3.2 million excluding the 5 extra houses they own). The tax records say it is worth $2.8 million, but might be much larger and more valuable than what it says with addons/expansions.

It might be a toss up for them between demolishing and parting lots or selling the church to another church that might run into the same issues down the line. I'm sure the neighbors would prefer it be demolished and turned into housing. If houses similar to new ones going in for the neighborhood are built, that would add about $141,000/year in taxes (~$9.4 million taxable value including land). Big gain for Tulsa and the area schools.

Or some rich person could buy it and convert it into a massive house! I bet a creative architect could make it work. People have converted old churches to homes all over the world and it can look brilliant when done well.

I could see that happening.  Similar to what they're doing at 28th & Peoria and the old Barnard Elem. site. 
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