NOT LISTED FOR SALE

1319 Commerce Dr Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $182,624 - $195,000

4 Beds
2 Baths
1,355 Sq Ft
2,875 Sq Ft Lot

Last Sold June 06, 2023

Last sale price $175,000 $129 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,169/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Interior Lot
  • Central Heating and Cooling System
  • Norman High School Rated A
  • 1-Story Property

About This Home

As of June 2023

Great investment opportunity in the highly sought after Norman school district! Well maintained, open floor plan with 4 Bedrooms, 2 Bathrooms, and laminate floors. Unit is currently rented for $1400 with a lease expiring July, 2023.
Condo association is self managed and will be handed off to owners of the 4 units currently for sale: 1317/1319/1325/1327 are in the same 'association'.

Last Agent to Sell the Property

Jeni White

Redfin Listed on: 03/02/2023

Redfin

Last Buyer's Agent

Lisa Skinner

Metro Brokers of Oklahoma

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 2,875

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,355 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Kennedy Elementary School
  • Irving Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include maintenance

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Condominium
  • Association Fee Includes: Maintenance
  • Legal Addition: 121788
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1355

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: None
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

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

Schools

  • Elementary School: Kennedy ES
  • High School: Norman HS

Lot Info

  • Lot Description: Interior

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jun 6, 2023
Sold by
Orchid Keep Holdings Limited Liability C
Bought by
Norman Affordable Housing Corporation
Seller's Agent
Jeni White
Redfin
Buyer's Agent
Lisa Skinner
Metro Brokers of Oklahoma
List Price
$192,500
Sold Price
$175,000
Premium/Discount to List
-$17,500
-9.09%
Views
90
Current Estimated Value
$188,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,812
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Feb 21, 2020
Sold by
Ostler Wayne C and Ostler Kimberly K
Bought by
Orchid Keep Holdings Llc

Purchase Details

Listed on
Aug 29, 2019
Closed on
Nov 27, 2019
Sold by
Madden Terry Alan and Madden Barbara Lynn
Bought by
Ostler Wayne C and Ostler Kimberly K
Seller's Agent
Zandrea Waldenville
Meraki Real Estate
Buyer's Agent
Zandrea Waldenville
Meraki Real Estate
List Price
$127,500
Sold Price
$123,500
Premium/Discount to List
-$4,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$92,625
Interest Rate
3.6%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Norman Affordable Housing Corporation $700,000 Chicago Title
Orchid Keep Holdings Llc -- None Available
Ostler Wayne C $123,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ostler Wayne C $92,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2023 06/06/23 Sold $175,000 -9.1% $129 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $192,500 +55.9% $142 / Sq Ft
11/27/2019 11/27/19 Sold $123,500 0.0% $86 / Sq Ft View Prior Sale
08/29/2019 08/29/19 Price Changed $123,500 -3.1% $86 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $127,500 -- $89 / Sq Ft
Source: MLSOK

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
2025 -- -- -- --
2023 $1,890 $15,747 $1,598 $14,149
2022 $1,727 $14,997 $2,400 $12,597
2021 $1,742 $14,345 $2,400 $11,945
2020 $1,713 $14,420 $2,400 $12,020
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2023

    Lisa Skinner

    Metro Brokers of Oklahoma

    (405) 476-9173

    6 in this area

    24 Total Sales

    Lisa Skinner
    Section Image
  • Zandrea Waldenville

    Seller's Agent in 2019

    Zandrea Waldenville

    Meraki Real Estate

    (405) 401-0448

    33 in this area

    278 Total Sales

    Zandrea Waldenville
    Section Image
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Map

Source: MLSOK

MLS Number: 1050404

MLSOK

APN: R0188975

Oklahoma Cleveland County Norman 73071 Southeast Norman

1319 Commerce Dr, Norman, OK

Not Listed for Sale

Condos

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