NOT LISTED FOR SALE

1118 Cumberland Dr Nichols Hills, OK 73116

Estimated Value: $433,000 - $501,000

0.2 Acre
$2,309,101 Price per Acre
8,721 Sq Ft Lot

Last Sold November 13, 2023

Last sale price $440,000 $317 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,437/month

33 Days on Market

About This Lot

As of November 2023

Looking for that perfect lot to build in Nichols Hills? Look no further than custom building your luxury home in highly desired Cumberland Court! One block away from Nichols Hills Plaza with many high-end restaurants, shopping and Trader Joes within in close proximity. The development offers a list of concierge services, guarded entrance, and a lock and leave feel. Build guidelines and HOA Concierge services are attached for reference. Buyer to use Builder of their choice. Buyer to confirm school and tax information.

Last Agent to Sell the Property

Charli Bullard

Engel & Völkers Oklahoma City Listed on: 09/14/2023

Engel & Völkers Oklahoma City

Last Buyer's Agent

Charli Bullard

Engel & Völkers Oklahoma City Listed on: 09/14/2023

Engel & Völkers Oklahoma City

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,349

Lot Details

  • 8,721 Sq Ft Lot
  • Cul-De-Sac
  • Interior Lot
  • Finished Lot(s)

HOA Fees

  • $500 Monthly HOA Fees

Schools

  • Nichols Hills Elementary School
  • John Marshall Middle School
  • John Marshall High School

Community Details

  • Association fees include maintenance common areas, maintenance exterior, security service

Listing and Financial Details

  • Legal Lot and Block 002 / 002

Property Details

Property Type

Land

Est. Annual Taxes

$4,349

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Lot
  • Association Fee Includes: Maintenance Common Areas, Maintenance Exterior, Security Service
  • Existing House Yn: No
  • Legal Addition: Cumberland Court
  • Mobile Homes Allowed Yn: No
  • School Junior High: John Marshall MS
  • Subdivide Yn: No
  • Third Party Comments: Yes
  • Special Features: None

Condo/Co-op/Association

  • Association Fee: 6000

Schools

  • Elementary School: Nichols Hills ES
  • High School: John Marshall HS

Lot Info

  • Acres: 0.2002
  • Land Sq Ft: 8721
  • Lot Description: Cul-de-Sac, Interior
  • Mineral Rights: No
  • Zoning: Residential

Tax Info

  • Tax Block: 002
  • Tax Lot: 002

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 14, 2023
Sold by
Cumberland Drive Llc
Bought by
Dumigan Ronald Matthew and Dumigan Shelly Hayes
Seller's Agent
Charli Bullard
Engel & Völkers Oklahoma City
Buyer's Agent
Charli Bullard
Engel & Völkers Oklahoma City
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
20
Current Estimated Value
$462,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,282
Avg. Annual Appreciation
7.90%
Source: Public Records

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Range of Values:

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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
Dumigan Ronald Matthew $440,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dumigan Ronald Matthew $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $440,000 -2.2% $317 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $450,000 -- $324 / 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 $4,349 $48,400 $48,400 --
2023 $4,349 $31,127 $31,127 $0
2022 $3,970 $31,127 $31,127 $0
2021 $4,001 $31,127 $31,127 $0
2020 $4,139 $31,127 $31,127 $0
2019 $4,099 $31,127 $31,127 $0
2018 $3,973 $31,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charli Bullard

    Seller's Agent in 2023

    Charli Bullard

    Engel & Völkers Oklahoma City

    (405) 414-6215

    22 in this area

    169 Total Sales

    Charli Bullard
    Section Image
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Map

Source: MLSOK

MLS Number: 1080300

MLSOK

APN: 215221130

Oklahoma Oklahoma County Nichols Hills 73116

1118 Cumberland Dr, Nichols Hills, OK

This home is located at 1118 Cumberland Dr, Nichols Hills, OK 73116 since 14 September 2023 and is currently estimated at $462,282, approximately $332 per square foot. 1118 Cumberland Dr is a home located in Oklahoma County with nearby schools including Nichols Hills Elementary School, John Marshall Middle School, and John Marshall High School.

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