NOT LISTED FOR SALE

1207 Larchmont Ln Nichols Hills, OK 73116

Estimated Value: $966,112 - $1,227,000

4 Beds
3.5 Baths
3,481 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $940,000 $270 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,869/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Interior Lot
  • South Facing Home
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 4-minute walk to Margaret Haskell Davis Park

About This Home

As of September 2018

Rare opportunity to own a remodeled four bedroom home with a great floorplan AND curb appeal in "downtown" Nichols Hills for under 1M. This incredible property is just shy of an half acre that is 98'W x 195'D. As you enter this wonderful home the dining room is to the left and the study is to the right with lots of privacy. The kitchen opens to the family room, dining room and bar area. This open floor plan is great for family interaction as well as entertaining. The copper bar counter and exquisite wood comes from San Francisco in the 1800's and is a great gathering place for parties. The master suite is downstairs with a large closet and extra space to make it even bigger. Three bedrooms are upstairs with two full baths. Huge backyard with plenty of space to throw the ball and/or add a pool. A 260 sq ft heated and cooled "Man Cave", Playhouse or Future Pool Cabana is positioned perfectly in the NW corner of the backyard. Welcome Home!

Last Agent to Sell the Property

Patrick Bates

Nichols Hills Properties LLC Listed on: 06/23/2018

Last Buyer's Agent

Paige Dougherty

Metro First Executives

Metro First Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,285

Year Built

  • Built in 1932

Lot Details

  • 0.44 Acre Lot
  • South Facing Home
  • Interior Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 3,481 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 024 / 016

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,285

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Land Dimensions: 98W x 195D
  • Legal Addition: Nichols Hills Add
  • Mandatory Association Dues Yn: No
  • Property Faces: South
  • Property Level: Two
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 1932
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Areas: 2
  • Total Sq Ft: 3481

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Lot Info

  • Acres: 0.4400
  • Land Sq Ft: 19110
  • Lot Description: Interior

Tax Info

  • Tax Block: 016
  • Tax Lot: 024

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Scherm Todd A and Scherm Stacie
Bought by
Scherm Todd Andrew and Scherm Stacie Donley
Current Estimated Value
$1,067,490

Purchase Details

Listed on
Jun 23, 2018
Closed on
Sep 7, 2018
Sold by
Smith Daniel I and Smith Melissa Meibergen
Bought by
Scherm Todd A and Scherm Stacie
Seller's Agent
Patrick Bates
Nichols Hills Properties LLC
Buyer's Agent
Paige Dougherty
Metro First Executives
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 2012
Sold by
Smith Daniel and Meilbergen Melissa A
Bought by
Smith Daniel and Meibergen Smith Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Gaddis Preston G
Bought by
Smith Daniel and Meilbergen Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2010
Sold by
Gaddis Dorthlynn Dent and Gaddis Preston G
Bought by
Gaddis Preston G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.93%
Mortgage Type
New Conventional
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
Scherm Todd Andrew -- None Available
Scherm Todd A $940,000 Stewart Title Of Oklahoma In
Smith Daniel -- American Eagle Title Group
Smith Daniel $455,000 Capitol Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenn Todd Andrew $370,111
Closed Scherm Todd A $400,000
Previous Owner Smith Daniel $361,500
Previous Owner Smith Daniel $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $940,000 -3.6% $270 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $975,000 -- $280 / 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 $12,285 $91,603 $24,860 $66,743
2023 $12,285 $88,935 $22,334 $66,601
2022 $11,376 $90,200 $22,334 $67,866
2021 $11,387 $89,595 $22,334 $67,261
2020 $12,262 $93,225 $22,334 $70,891
2019 $13,479 $102,355 $20,789 $81,566
2018 $6,999 $54,835 $0 $0
2017 $6,608 $52,799 $20,789 $32,010
2016 $6,450 $50,489 $20,789 $29,700
2015 $6,851 $53,832 $19,134 $34,698
2014 $6,547 $52,521 $19,134 $33,387
Source: Public Records

Agents Affiliated with this Home

  • Patrick Bates

    Seller's Agent in 2018

    Patrick Bates

    Nichols Hills Properties LLC

    (405) 509-3611

    55 in this area

    89 Total Sales

    Section Image
  • Paige Dougherty

    Buyer's Agent in 2018

    Paige Dougherty

    Metro First Executives

    (405) 361-0371

    26 in this area

    53 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 825323

MLSOK

APN: 169572290

Oklahoma Oklahoma County Nichols Hills 73116

1207 Larchmont Ln, Nichols Hills, OK

This home is located at 1207 Larchmont Ln, Nichols Hills, OK 73116 since 23 June 2018 and is currently estimated at $1,112,704, approximately $319 per square foot. This property was built in 1932. 1207 Larchmont Ln 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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