NOT LISTED FOR SALE

1324 Sherwood Ln Nichols Hills, OK 73116

Estimated Value: $866,192 - $902,000

4 Beds
3 Baths
2,532 Sq Ft
$347/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $725,000 $286 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,765/month

12 Days on Market

Highlights

  • Concrete Pool
  • Traditional Architecture
  • Covered Patio or Porch
  • Deck
  • Wood Flooring
  • Circular Driveway

About This Home

As of February 2022

Located in downtown Nichols Hills close to Nichols Hills Plaza and Kite Park, this home is a wealth of versatile and unique custom designed spaces. A soaring cathedral ceiling and soft color pallete in the master bedroom creates tranquility and comfort. The master bath is beautifully detailed in marble and appointed with brushed chrome fixtures. Upstairs there are 2 more generous sized bedrooms sharing a bath. A 4th bedroom and 3rd bath are situated on the first level. An alfresco living and dining area is adjacent to the resort style swimming pool and multi use sports court, with a full size 3 point line for your basketball enthusiasts. The home was taken down to the studs in 2015 and completely renovated with stainless appliances, quartz and marble surfaces.

Last Agent to Sell the Property

Marta McCubbin

First Source Real Estate Inc. Listed on: 11/13/2021

Last Buyer's Agent

Leah Strickland

Leah and Whitney LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,650

Year Built

  • Built in 1949

Lot Details

  • 0.39 Acre Lot
  • Interior Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2,532 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Fireplace Features Masonry
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Concrete Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Nichols Hills Elementary School
  • John Marshall Middle School
  • John Marshall High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Block 00H

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,650

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Legal Addition: Unpltd Pt Sec 05 12n 3w
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Smoke Alarm, Underground Sprinkler
  • Oven Energy: Gas
  • Property Level: Two
  • Range Energy: Electric
  • School Junior High: John Marshall MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1949
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo, Carpet, Wood
  • Fireplace Description: Masonry
  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Combo Woodwork, Window Treatment
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Living Areas: 2
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2532

Exterior Features

  • Construction: Brick & Frame
  • Pool Type: Concrete
  • Pool: Yes
  • Exterior Features: Covered Patio, Open Deck
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Attached
  • Parking: Circle Drive, Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric
  • Utilities Available: Cable, Electric, Gas, Public Utilities

Schools

  • Elementary School: Nichols Hills ES
  • High School: John Marshall HS

Lot Info

  • Acres: 0.3891
  • Land Sq Ft: 16949
  • Lot Description: Interior

Tax Info

  • Tax Block: 00H
  • Tax Lot: 000

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Feb 7, 2022
Sold by
Matlock Jamie R and Matlock James R
Bought by
Pennoyer Gordon Slocum
Seller's Agent
Marta McCubbin
First Source Real Estate Inc.
Buyer's Agent
Leah Strickland
Leah and Whitney LLC
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$890,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,727
Avg. Annual Appreciation
5.34%
Original Mortgage
$580,000
Outstanding Balance
$537,205
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$333,878

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 31, 2022
Sold by
Matlock Jamie R and Matlock James R
Bought by
Pennoyer Gordon Slocum
Seller's Agent
Marta McCubbin
First Source Real Estate Inc.
Buyer's Agent
Leah Strickland
Leah and Whitney LLC
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$537,205
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$333,878

Purchase Details

Listed on
Nov 11, 2017
Closed on
Jan 31, 2018
Sold by
Merritt James and Merritt Ashley
Bought by
Matlock Jamie and Matlock James R
Seller's Agent
Susy Osborne
Metro First Realty
Buyer's Agent
Angela Matlock
Metro Brokers Ok/Okc Branch
List Price
$725,000
Sold Price
$691,000
Premium/Discount to List
-$34,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$552,800
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Pennoyer Gordon Slocum $725,000 Chicago Title
Pennoyer Gordon Slocum $725,000 Chicago Title
Matlock Jamie $691,000 American Eagle Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennoyer Gordon Slocum $580,000
Previous Owner Matlock Jamie $491,000
Previous Owner Matlock Jamie $552,800
Previous Owner Merritt James $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $725,000 -3.3% $286 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $750,000 +8.5% $296 / Sq Ft
01/31/2018 01/31/18 Sold $691,000 -4.7% $271 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/11/2017 11/11/17 For Sale $725,000 -- $284 / 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 $10,650 $80,041 $15,471 $64,570
2023 $10,650 $76,230 $16,498 $59,732
2022 $11,321 $88,770 $16,498 $72,272
2021 $11,042 $85,910 $16,498 $69,412
2020 $10,896 $81,950 $16,498 $65,452
2019 $10,459 $79,420 $16,126 $63,294
2018 $6,250 $49,966 $0 $0
2017 $5,946 $48,510 $16,126 $32,384
2016 $6,414 $51,205 $16,126 $35,079
2015 $5,350 $43,038 $14,358 $28,680
2014 $5,209 $41,784 $14,671 $27,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 985359

MLSOK

APN: 169794600