NOT LISTED FOR SALE

1407 Sherwood Ln Nichols Hills, OK 73116

Estimated Value: $502,000 - $842,000

0.25 Acre
$2,475,661 Price per Acre
10,988 Sq Ft Lot

Last Sold October 15, 2018

Last sale price $485,000 $358 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,024/month

319 Days on Market

About This Lot

As of October 2018

Fantastic location, quiet street within walking distance to Nichols Hills Plaza, the Curve and Kite Park. No run down house needing to be torn down. Property is ready to be built on!

Last Agent to Sell the Property

Anna Stratton

Covington Company Listed on: 10/28/2017

Last Buyer's Agent

Marta McCubbin

First Source Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,454

Lot Details

  • 0.25 Acre Lot
  • Interior Lot
  • Finished Lot(s)

Utilities

  • Municipal Trash

Property Details

Property Type

Land

Est. Annual Taxes

$7,454

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Lot
  • Existing House Yn: No
  • Legal Addition: Nichols Hills Add
  • Mobile Homes Allowed Yn: No
  • Road Access: Public
  • Subdivide Yn: No
  • Third Party Comments: Yes
  • Special Features: None

Exterior Features

  • Road Frontage: City Road
  • Road Surface: Concrete

Utilities

  • Electric: Public
  • Garbage: Public
  • Gas: Public
  • Sewer: Public
  • Water: Public

Lot Info

  • Land Sq Ft: 10988
  • Lot Description: Interior
  • Mineral Rights: Yes
  • Zoning: Residential

Tax Info

  • Tax Block: 000

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Wasatch Regis Llc
Bought by
Richardson Ronald L
Current Estimated Value
$624,485

Purchase Details

Listed on
Oct 28, 2017
Closed on
Oct 11, 2018
Sold by
The Ana L Covington Revocable Trust
Bought by
Wasatch Regis Llc
Seller's Agent
Anna Stratton
Covington Company
Buyer's Agent
Marta McCubbin
First Source Real Estate Inc.
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jun 1, 2018
Sold by
Threshold Design Llc
Bought by
Duncan Nicholas V and Anna L Convington Revocable Tr

Purchase Details

Closed on
Apr 10, 2014
Sold by
Stratton Anna Convington and Nixon Stratton Joshua Wildman
Bought by
Threshold Design Llc

Purchase Details

Closed on
Mar 3, 2014
Sold by
Fifty One Percent Sweetheart Property Co
Bought by
Covington Anna

Purchase Details

Closed on
Aug 9, 2013
Sold by
Richardson Thomas Meriwether and Richardson Linda
Bought by
Dyson Bryan D and Dyson Kristen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2003
Sold by
Barnett Diane and Bush Karen
Bought by
Richardson Thomas Meriwether and Richardson Linda

Purchase Details

Closed on
Aug 18, 1998
Sold by
Richardson Margaret L
Bought by
Richardson Margaret L
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
Richardson Ronald L $495,000 Old Republic Title
Wasatch Regis Llc $485,000 Old Republic Title Co
Duncan Nicholas V $300,000 None Available
Threshold Design Llc -- Old Republic Title Co Of Okl
Covington Anna $300,000 Old Republic Title Co Of Okl
Fifty One Percent Sweetheart Property Co $335,000 Old Republic Title Co Of Okl
Dyson Bryan D $271,500 Capitol Abstract & Title Co
Richardson Thomas Meriwether -- --
Richardson Margaret L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dyson Bryan D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $485,000 -11.8% $358 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
10/28/2017 10/28/17 For Sale $550,000 -- $406 / 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 $7,454 $54,450 $54,450 --
2023 $7,454 $53,350 $53,350 $0
2022 $6,804 $53,350 $53,350 $0
2021 $6,857 $53,350 $53,350 $0
2020 $7,093 $53,350 $53,350 $0
2019 $7,026 $53,350 $53,350 $0
2018 $4,212 $33,000 $0 $0
2017 $4,130 $33,000 $33,000 $0
2016 $4,216 $33,000 $33,000 $0
2015 $4,200 $33,000 $33,000 $0
2014 $3,686 $29,566 $12,934 $16,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 791796

MLSOK

APN: 169575720