NOT LISTED FOR SALE

1326 Commerce Dr Unit 1332 Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $337,000 - $656,000

12 Beds
8 Baths
4,918 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $446,000 $91 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,210/month

97 Days on Market

Highlights

  • 20,682 Sq Ft lot
  • Traditional Architecture
  • 1-Story Property
  • Norman High School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2021

Great Investment Opportunity very close to The University of Oklahoma

LOCATION, LOCATION, LOCATION

Close to Shopping and Dining

Always Leased

Owner Currently Pays for Lawn Maintenance

***DO NOT DISTURB TENANTS***

New Roofs 2016

Vaulted Ceilings in Living room and Master

Attached 1 car garage

Enclosed yard with small patio

Split Floor Plan

Each Unit has 3 bedrooms, 2 Bathrooms, Washer and Dryer Connections in Units

100% Occupied

Turn Key Investment
2 Duplex Units 1326 & 1328, 1330 & 1332

This is a MULTI DUPLEX SALE Package PRICE is $650K which Includes MLS #'s 925901 (4units) and MLS #925902 (2units) (total of 6 Units)

Don’t miss out on the opportunity to Own an income producing property near the University of Oklahoma.

Open Concept Living and Dining room

Appliances included: Refrigerator, Stove and Dishwasher

9 Units are MONTH-MONTH, making these Units a very APPEALING TURN KEY Investment!!!

Last Agent to Sell the Property

Cara Springer

Bowers Realty Group Listed on: 09/01/2020

Last Buyer's Agent

Non MLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,539

Year Built

  • Built in 2004

Lot Details

  • 0.47

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 4,918 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Schools

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

Additional Features

  • 0.47 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 7C / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,539

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Duplex
  • Legal Addition: East Lindsey Plaza 3
  • Number3 Br Units: 4
  • Property Level: One
  • School Junior High: Irving MS
  • Stories: 1.0000
  • Third Party Comments: Yes
  • Year Built: 2004
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Washer/Dryer Hookup
  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 12
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Total Sq Ft: 4918

Exterior Features

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

Garage/Parking

  • Parking: Concrete Drive

Utilities

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

Schools

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

Lot Info

  • Land Sq Ft: 20682

Multi Family

  • Number Of Units: 4

Tax Info

  • Tax Block: 3
  • Tax Lot: 7C

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Ashu Aaron A and Ashu Jacqueline A
Bought by
Devin Ngo Llc
Current Estimated Value
$448,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$610,571
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
-$31,236

Purchase Details

Listed on
Sep 1, 2020
Closed on
Jan 28, 2021
Sold by
Samuel Properties Llc
Bought by
Ashu Aaron A and Ashu Jacqueline A
Seller's Agent
Cara Springer
Bowers Realty Group
Buyer's Agent
Non MLS Member
List Price
$460,000
Sold Price
$446,000
Premium/Discount to List
-$14,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$334,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Sdf Construction, Llc
Bought by
Mudd Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.64%
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
Devin Ngo Llc $880,000 Titan Title
Ashu Aaron A $446,000 Nations Title Of Okc
Mudd Michael J $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devin Ngo Llc $660,000
Previous Owner Ashu Aaron A $334,500
Previous Owner Mudd Michael J $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $446,000 0.0% $91 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $446,000 -3.0% $91 / Sq Ft
09/22/2020 09/22/20 For Sale $460,000 0.0% $94 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $460,000 -- $94 / 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 $8,539 $71,292 $4,501 $66,791
2023 $6,578 $54,781 $3,892 $50,889
2022 $6,009 $52,172 $5,513 $46,659
2021 $6,021 $49,606 $5,417 $44,189
2020 $5,612 $47,244 $5,513 $41,731
2019 $5,567 $46,080 $1,649 $44,431
2018 $5,400 $46,080 $1,649 $44,431
2017 $5,459 $46,080 $0 $0
2016 $5,549 $46,080 $1,649 $44,431
2015 -- $46,080 $1,649 $44,431
2014 -- $46,080 $1,649 $44,431
Source: Public Records

Agents Affiliated with this Home

  • Cara Springer

    Seller's Agent in 2021

    Cara Springer

    Bowers Realty Group

    (405) 252-0131

    6 in this area

    35 Total Sales

    Cara Springer
    Section Image

  • N

    Buyer's Agent in 2021

    Non MLS Member

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Map

Source: MLSOK

MLS Number: 925901

MLSOK

APN: R0138716

Oklahoma Cleveland County Norman 73071 Southeast Norman

1326 Commerce Dr Unit 1332, Norman, OK

This home is located at 1326 Commerce Dr Unit 1332, Norman, OK 73071 since 01 September 2020 and is currently estimated at $448,333, approximately $91 per square foot. This property was built in 2004. 1326 Commerce Dr Unit 1332 is a home located in Cleveland County with nearby schools including Kennedy Elementary School, Irving Middle School, and Norman High School.

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