NOT LISTED FOR SALE

1409 Monterey Dr Norman, OK 73072

Southeast Norman Neighborhood

Estimated Value: $355,046 - $402,000

3 Beds
2.5 Baths
2,092 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $320,076 $153 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,014/month

40 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Covered Patio or Porch
  • Ronald Reagan Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2021

You won't want to miss out on your chance to own this beautiful New Construction home in Norman! This open floor-plan is sure to give you all the space you could ask for. The living room showcases a corner fireplace and large window allowing natural light to flood the room. Spacious primary bedroom is complete with a private en-suite including a double vanity, soaking tub, walk in shower, and walk in closet. Relax under the covered patio in the sprawling backyard. This home is a must see!

Last Agent to Sell the Property

Tara Levinson

LRE Realty LLC Listed on: 03/08/2021

Last Buyer's Agent

Babs Lewis

Forge Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 8,847 Sq Ft Lot
  • Interior Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2,092 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Inside Utility
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Ronald Reagan Elementary School
  • Irving Middle School
  • Norman High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 001 / 003

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Legal Addition: Monterey II Amd
  • Mandatory Association Dues Yn: No
  • Property Level: One and one-half
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2021
  • Year Built Type: New Home
  • Special Features: NewHome

Interior Features

  • Fireplace Description: Other
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Ceiling Fan, Laundry Room
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Inside Utility
  • Total Sq Ft: 2092

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Covered Patio
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Ronald Reagan ES
  • High School: Norman HS

Lot Info

  • Acres: 0.2031
  • Land Sq Ft: 8847
  • Lot Description: Interior

Tax Info

  • Tax Block: 003
  • Tax Lot: 001

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Oct 8, 2021
Sold by
Investment Realty Advisors Llc
Bought by
Lewis Zachary and Lewis Cynthia
Seller's Agent
Tara Levinson
LRE Realty LLC
Buyer's Agent
Babs Lewis
Forge Realty Group
List Price
$275,799
Sold Price
$320,076
Premium/Discount to List
$44,277
16.05%
Current Estimated Value
$382,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,936
Avg. Annual Appreciation
4.39%
Original Mortgage
$327,437
Outstanding Balance
$298,592
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$83,420

Purchase Details

Closed on
Sep 5, 2020
Sold by
Sin Gi U and Shin Yong C
Bought by
Davis Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
2.8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 27, 2018
Sold by
Cedar Lane Llc
Bought by
Investments Realty Advisors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2017
Sold by
Monterey Development Company Llc
Bought by
Cedar Lane Llc
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
Lewis Zachary $320,500 First American Title Ins Co
Davis Tracy M $89,000 American Eagle Title Group
Investments Realty Advisors Llc $45,000 First American Title
Cedar Lane Llc $495,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Zachary $327,437
Previous Owner Davis Tracy M $207,920
Previous Owner Investments Realty Advisors Llc $187,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $320,076 0.0% $153 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $320,076 +13.0% $153 / Sq Ft
03/09/2021 03/09/21 Price Changed $283,203 +2.7% $135 / Sq Ft
03/08/2021 03/08/21 For Sale $275,799 -- $132 / 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 -- $38,566 $6,178 $32,388
2023 $0 $37,443 $6,031 $31,412
2022 $4,187 $36,352 $6,138 $30,214
2021 $52 $427 $427 $0
2020 $51 $427 $427 $0
2019 $52 $427 $427 $0
2018 $50 $427 $427 $0
2017 $51 $51 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tara Levinson

    Seller's Agent in 2021

    Tara Levinson

    LRE Realty LLC

    (405) 532-6969

    35 in this area

    2,921 Total Sales

    Tara Levinson
    Section Image
  • Babs Lewis

    Buyer's Agent in 2021

    Babs Lewis

    Forge Realty Group

    (405) 650-9834

    4 in this area

    147 Total Sales

    Babs Lewis
    Section Image
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Map

Source: MLSOK

MLS Number: 948099

MLSOK

APN: R0174657

Oklahoma Cleveland County Norman 73072 Southeast Norman

1409 Monterey Dr, Norman, OK

Not Listed for Sale

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