$825,000
SOLD MAR 14, 2025

1214 NW 22nd St Unit 1212, 1216, 1218 Oklahoma City, OK 73106

Gatewood Neighborhood
-- Bed
-- Bath
5,055 Sq Ft
0.32 Acres

Recently Sold

$163 Per Sq Ft

8% Below List Price

94 Days on Market

About This Home

As of March 2025

Once in a lifetime investment opportunity in the heart of OKC's Urban Core--4 single family homes in a compound with an arched rod iron entrance into a common courtyard. Located just west of the intersection of NW 22 and Classen, this is a turnkey asset. Built in 2006, these newer construction homes architecturally blend into the historic Gatewood neighborhood with their Craftsman style design. The front 2 homes (1214 and 1216 NW 22) are 4 bed/2 bath/1 car garage/1585 SQFT. The back 2 houses (1212 and 1218 NW 22) are 2 bed/2bath/961 SQFT. Courtyard parking is ample for multiple cars per unit. The complex is fully rented as has been the case since opening. Tenants pay all utilities (electric, gas, water/sewer/trash) with each house separately metered. Owner provides common area maintenance. The 4 houses are to be sold together as a complex and will not be subdivided.

Last Agent to Sell the Property

Carla Splaingard

RE/MAX Preferred Listed on: 12/08/2024

Co-Listed By

Erik Thordal-Christensen

RE/MAX Preferred

Last Buyer's Agent

Carla Splaingard

RE/MAX Preferred Listed on: 12/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot
  • Interior Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Bungalow
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,055 Sq Ft Home
  • 1.5-Story Property

Schools

  • Eugene Field Elementary School
  • Moon Middle School
  • Douglass High School

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 5, 6, 7, & 8 / 021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,262

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Bungalow
  • Property Sub Type: Fourplex
  • Legal Addition: UNIVERSITY ADDITION
  • Property Level: One and one-half
  • School Junior High: Moon MS
  • Third Party Comments: Yes
  • Year Built: 2006
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Total Sq Ft: 5055

Exterior Features

  • Construction: Vinyl
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Parking: Concrete Drive

Schools

  • Elementary School: Eugene Field ES
  • High School: Douglass HS

Lot Info

  • Acres: 0.3214
  • Lot Description: Interior

Multi Family

  • Number Of Units: 4

Tax Info

  • Tax Block: 021
  • Tax Lot: 5, 6, 7, & 8

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Mar 13, 2025
Sold by
22Nd St Redevelopment Llc
Bought by
Okc Twenty Two Llc
Seller's Agent
Carla Splaingard
RE/MAX Preferred
Buyer's Agent
Carla Splaingard
RE/MAX Preferred
List Price
$898,500
Sold Price
$825,000
Premium/Discount to List
-$73,500
-8.18%
Views
2418
Current Estimated Value
$743,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,619
Avg. Annual Appreciation
-18.81%

Purchase Details

Closed on
Dec 8, 2005
Sold by
Gresham Sam L
Bought by
22Nd St Redevelopment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,734
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $825,000 Stewart-Ok City
Quit Claim Deed -- Stewart Title Guaranty Company
Quit Claim Deed -- American Guaranty Title Co
Warranty Deed $30,000 American Guaranty Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $145,383 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $59,000 Construction
Previous Owner $23,734 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $825,000 -8.2% $163 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $898,500 0.0% $178 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $898,500 -18.3% $178 / Sq Ft
12/08/2024 12/08/24 For Sale $1,100,000 -- $218 / 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 $4,262 $36,437 $3,673 $32,764
2023 $4,262 $34,702 $4,038 $30,664
2022 $3,887 $33,048 $3,899 $29,149
2021 $3,705 $31,475 $3,941 $27,534
2020 $3,570 $29,977 $3,374 $26,603
2019 $3,397 $28,549 $3,824 $24,725
2018 $3,085 $27,191 $0 $0
2017 $2,935 $25,894 $3,826 $22,068
2016 $2,810 $24,770 $2,702 $22,068
2015 $3,047 $26,615 $2,214 $24,401
2014 $2,886 $25,347 $2,702 $22,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1144354

MLSOK

APN: 045002205