NOT LISTED FOR SALE

Estimated Value: $268,774 - $304,000

4 Beds
2 Baths
1,853 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $187,500 $101 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,721/month

About This Home

As of October 2016

Exceptional investment property just north of campus. 2 units for a total 1853 square feet. Home 1 is 970 sf and is 2 bed 1 bath with original hardwoods and all the charm you'd expect from a home form this era. It is currently rented for $760 per month. Home 2 is a detached newer built 2 bed 1 bath with a 2 car garage. It is 883 sf is rented for $780 per month. These homes are minutes from campus. Perfect for investors or single family occupants who want to live in one home and lease the second. See them both today!

Last Agent to Sell the Property

Mike Mitchell

KW Summit Listed on: 09/07/2016

Last Buyer's Agent

John Lungren

Lungren Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1930

Lot Details

  • 8,250 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,853 Sq Ft Home
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Gross Income $18,480

Listing and Financial Details

  • Legal Lot and Block 29&30 / 5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,446

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Other
  • Legal Addition: Classen Miller
  • Number2 Br Units: 2
  • Third Party Comments: No
  • Year Built: 1930
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Masonry
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1853

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Conventional
  • Roof: Composition

Lot Info

  • Land Sq Ft: 8250

Rental Info

  • Rent: 1540.00

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Block: 5
  • Tax Lot: 29&30

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 31, 2016
Sold by
Hines Michael T and Hines Ering G
Bought by
Kaplan Russell
Seller's Agent
Mike Mitchell
KW Summit
Buyer's Agent
John Lungren
Lungren Real Estate
List Price
$185,000
Sold Price
$187,500
Premium/Discount to List
$2,500
1.35%
Current Estimated Value
$286,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,694
Avg. Annual Appreciation
4.27%
Original Mortgage
$140,625
Outstanding Balance
$114,675
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$157,686

Purchase Details

Closed on
Jun 23, 2005
Sold by
Faulconer James H and Faulconer Sarah E
Bought by
Hines Michael T and Hines Erin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.64%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 25, 2003
Sold by
Zike Aaron and Zike Anne E
Bought by
Faulconer Erin G and Faulconer Jame
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kaplan Russell $187,500 Old Republic Title
Hines Michael T -- None Available
Faulconer Erin G $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaplan Russell $140,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $187,500 +1.4% $101 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $185,000 -- $100 / 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 $2,446 $20,418 $6,275 $14,143
2023 $2,336 $19,446 $8,393 $11,053
2022 $2,137 $18,564 $7,546 $11,018
2021 $2,147 $17,680 $7,560 $10,120
2020 $2,353 $19,817 $7,560 $12,257
2019 $2,320 $19,205 $7,387 $11,818
2018 $2,143 $18,291 $3,600 $14,691
2017 $2,168 $18,291 $0 $0
2016 $0 $18,291 $3,600 $14,691
2015 -- $18,291 $3,600 $14,691
2014 -- $17,971 $3,537 $14,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 744266

MLSOK

APN: R0029486