
1110 Sherwood Ln Unit 216 Nichols Hills, OK 73116
Estimated payment $2,608/month
Highlights
- Indoor Pool
- Wood Flooring
- Balcony
- Midcentury Modern Architecture
- Gazebo
- Interior Lot
About This Home
Turnkey Income-Producing Condo in Nichols Hills – Leased at $1,850/mo Through Nov 2026. Fully renovated 2 bed, 2.5 bath condo in a prime Nichols Hills location. Offering immediate and stable rental income. Taken down to the studs and rebuilt with new HVAC, electrical, plumbing, quartz countertops, stainless appliances, modern cabinetry, vinyl windows, updated bathrooms, wood flooring, and open floor plan. Executive suite features dual walk-in closets and full en suite bath. Balcony with Downtown OKC views, upstairs laundry, and covered carport included. Community amenities include updated pool with turf and gazebo, partial insurance, grounds maintenance, and trash service via HOA. Walk to Trader Joe’s, Starbucks, Empire Slice, and Grand Blvd trails. Just minutes to Whole Foods and Classen Curve. Estimated ~3.8% cap rate with low expenses and strong appreciation potential. Neighboring unit #211 also available for purchase.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,939
Year Built
- Built in 1974
HOA Fees
- $196 Monthly HOA Fees
Parking
- 1 Car Garage
- Carport
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Combination Foundation
- Brick Frame
- Composition Roof
- Stucco
- Stone
Interior Spaces
- 1,248 Sq Ft Home
- Ceiling Fan
- Inside Utility
Kitchen
- Electric Oven
- Electric Range
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Home Security
Pool
- Indoor Pool
- Outdoor Pool
Outdoor Features
- Balcony
- Gazebo
Schools
- Nichols Hills Elementary School
- Classen Middle School Of Advanced Studies
- Classen High School Of Advanced Studies
Utilities
- Central Heating and Cooling System
- Programmable Thermostat
Community Details
Overview
- Association fees include garbage service, insurance, maintenance common areas, maintenance exterior, pool
- Mandatory home owners association
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,939 | $44,715 | $5,623 | $39,092 |
2023 | $6,939 | $49,665 | $940 | $48,725 |
2022 | $1,502 | $11,777 | $618 | $11,159 |
2021 | $1,442 | $11,217 | $607 | $10,610 |
2020 | $1,420 | $10,683 | $581 | $10,102 |
2019 | $1,340 | $10,175 | $393 | $9,782 |
2018 | $1,032 | $8,085 | $0 | $0 |
2017 | $1,025 | $8,194 | $393 | $7,801 |
2016 | $1,049 | $8,209 | $393 | $7,816 |
2015 | $1,048 | $8,235 | $393 | $7,842 |
2014 | $1,047 | $8,398 | $393 | $8,005 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/10/2025 05/10/25 | For Sale | $334,990 | -- | $268 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $430,000 | Legacy Title Services | |
Special Warranty Deed | $8,925,000 | First American Title | |
Special Warranty Deed | $8,925,000 | First American Title | |
Warranty Deed | $210,000 | Capitol Abstract & Title Co | |
Warranty Deed | $62,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $640,000 | New Conventional | |
Previous Owner | $8,320,000 | Construction | |
Previous Owner | $50,000 | Credit Line Revolving |
Similar Homes in Nichols Hills, OK
Source: MLSOK
MLS Number: 1169131

APN: 169812160
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