NOT LISTED FOR SALE

1035 Rambling Oaks Dr Unit 1037 Norman, OK 73072

West Norman Neighborhood

Estimated Value: $339,000 - $375,547

6 Beds
6 Baths
3,076 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $218,900 $71 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,252/month

7 Days on Market

Highlights

  • Laundry Room
  • Interior Storage Closet
  • Ceiling Fan
  • Truman Primary School Rated A-
  • Central Air
  • Private Entrance

About This Home

As of September 2014

Calling all investors! This duplex in West Norman is clean and in excellent condition. Built in 2006, each unit has 3 bedrooms, 2.5 bathrooms, a fenced backyard, and approx. 1540 square feet. Sellers will leave washer, dryer and refrigerator in each unit. With a 100% occupancy rate the past 12 months, annual gross income potential is more than $25,000. Sellers are open to selling this duplex in conjunction with Norman MLS listing 273196.

Last Agent to Sell the Property

Erin Williford

828 Real Estate LLC Listed on: 07/11/2014

Last Buyer's Agent

Non MLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,155

Year Built

  • Built in 2006

Lot Details

  • 8,348 Sq Ft Lot
  • Private Entrance
  • Back Yard

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Brick Frame
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Interior Storage Closet
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $25,200

Listing and Financial Details

  • Legal Lot and Block 18 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,155

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Legal Addition: KENDALE
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Smoke Alarm
  • Misc Features: Gas Water Heater, Inside Storage, Separate Meters
  • Number3 Br Units: 2
  • Numberof Car Parking Spaces: 1
  • Property Level: Two
  • Range Energy: Electric
  • Section: 26
  • Stories: 2.0000
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Laundry, Private Entry, Storage, Window Treatments, Carpet, Yard, Washer/Dryer Hookup
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater
  • Interior Amenities: Ceiling Fan
  • Range Type: Free Stand

Exterior Features

  • Construction: Brick, Brick & Frame, Veneer
  • Fenced: No
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Garage(s), Paved

Utilities

  • Cooling System: Central Elec
  • Gas: Natural
  • Heat System: Other
  • Sewer: Public
  • Utilities Available: Cable, Gas, Public Utilities

Lot Info

  • Land Sq Ft: 8348

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Block: 1
  • Tax Lot: 18

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2014
Sold by
Mullins Brian Keith and Mullins Sara E
Bought by
Mullins Properties I Llc
Current Estimated Value
$364,936

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 5, 2014
Sold by
Nw Norman Properties Ii Llc
Bought by
Mullins Brian Keith and Mullins Sara E
Seller's Agent
Erin Williford
828 Real Estate LLC
Buyer's Agent
Non MLS Member
List Price
$220,000
Sold Price
$218,900
Premium/Discount to List
-$1,100
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$163,900
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2008
Sold by
Salalati Vahid and Salalati Aimee
Bought by
Nw Norman Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,612
Interest Rate
6.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mullins Properties I Llc -- None Available
Mullins Brian Keith $219,000 Fatco
Nw Norman Properties Ii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullins Brian Keith $163,900
Previous Owner Nw Norman Proeprties Ii Llc $914,000
Previous Owner Nw Norman Properties Ii Llc $197,612
Previous Owner Salalati Vahid $885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $218,900 -0.5% $71 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $220,000 -- $72 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,155 $26,342 $2,677 $23,665
2023 $3,013 $25,088 $3,436 $21,652
2022 $2,751 $23,893 $2,400 $21,493
2021 $2,901 $23,893 $2,400 $21,493
2020 $2,838 $23,893 $2,400 $21,493
2019 $2,887 $23,893 $2,400 $21,493
2018 $2,799 $23,894 $2,400 $21,494
2017 $2,830 $23,894 $0 $0
2016 $0 $23,894 $2,400 $21,494
2015 -- $23,811 $1,123 $22,688
2014 -- $23,811 $1,123 $22,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 273193A

MLSOK

APN: R0036957