NOT LISTED FOR SALE

1307 Commerce Dr Unit 1309 Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $355,000 - $658,190

16 Beds
8 Baths
5,461 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2018

Last sale price $420,000 $77 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,360 / mo

178 Days on Market

Highlights

  • 19,773 Sq Ft lot
  • Dallas Architecture
  • 1-Story Property
  • Norman High School Rated A
  • Central Air

About This Home

As of December 2018

***Great investment opportunity*** Check out these 2 duplexes only 1.5 miles to campus! Built in 2004 and have always been leased. Close to restaurants, shopping, OU campus and Hwy 9. Each of the 4 units are 4 bedrooms/2 bathrooms (jack & jill). All units have a single car garage. Would be great for a family with students going to OU or for a gameday rental! Take a look at this turn-key investment today! Units are 1301, 1303, 1307 & 1309.

Last Agent to Sell the Property

Michael Dean

The 405 Agency LLC License #158885 Listed on: 05/10/2018

Last Buyer's Agent

Suzy Trimble

Brick and Beam Realty License #173151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 19,773 Sq Ft Lot

Home Design

  • Quadruplex
  • Dallas Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 5,461 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 2

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0.45 Acres

Listing Details

  • Property Type: MultiFamily
  • Style: Dallas
  • Property Sub Type: Fourplex
  • Legal Addition: East Lindsey Plaza 3
  • Stories: 1.0000
  • Third Party Comments: Yes
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Total Bedrooms: 16
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Total Sq Ft: 5461

Exterior Features

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

Utilities

  • Cooling System: Central Elec
  • Heat System: Heat Pump

Lot Info

  • Land Sq Ft: 19773

Multi Family

  • Number Of Units: 4

Tax Info

  • Tax Block: 2
  • Tax Lot: 1

MLS Schools

  • School District: Norman

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jan 9, 2019
Sold by
Bought by
Seller's Agent
Michael Dean
The 405 Agency LLC
Buyer's Agent
Suzy Trimble
Brick and Beam Realty
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%
Current Estimated Value
$509,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,048
Avg. Annual Appreciation
2.57%
Original Mortgage
$315,000
Interest Rate
0.049%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
Dec 17, 2018
Sold by
Bought by
Seller's Agent
Michael Dean
The 405 Agency LLC
Buyer's Agent
Suzy Trimble
Brick and Beam Realty
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.049%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Ins Co
$420,000 First American Title Co Llc
$62,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $420,000 -4.5% $77 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $440,000 -- $81 / Sq Ft
Source: MLSOK

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,139 $62,587 $4,072 $58,515
2023 $6,817 $56,768 $3,807 $52,961
2022 $6,226 $54,065 $5,322 $48,743
2021 $6,352 $52,332 $5,322 $47,010
2020 $5,951 $50,102 $5,154 $44,948
2019 $5,765 $47,716 $7,118 $40,598
2018 $5,012 $42,768 $7,118 $35,650
2017 $5,067 $42,768 $0 $0
2016 $5,151 $42,768 $7,118 $35,650
2015 -- $42,768 $7,118 $35,650
2014 -- $42,768 $7,118 $35,650
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Dean

    The 405 Agency LLC

    (405) 202-4102

    9 Total Sales

    Michael Dean
    Section Image
  • Suzy Trimble

    Buyer's Agent in 2018

    Suzy Trimble

    Brick and Beam Realty

    (405) 413-5709

    21 in this area

    193 Total Sales

    Suzy Trimble
    Section Image
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Map

Source: MLSOK

MLS Number: 818998

MLSOK

APN: R0032373

Oklahoma Cleveland County Norman 73071 Southeast Norman

1307 Commerce Dr Unit 1309, Norman, OK

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Listings courtesy of MLSOK as distributed by MLS GRID.
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