NOT LISTED FOR SALE

1418 George Ave Unit 1422 Norman, OK 73072

University of Oklahoma Neighborhood

Estimated Value: $518,000 - $905,890

13 Beds
10 Baths
5,251 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $875,000 $167 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,552/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • 4-minute walk to Brandt Park
  • Norman High School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2022

TWO Duplexes JUST A FEW BLOCKS FROM CAMPUS!! 1418 is a Three Bedroom/Three Bathroom duplex on both sides and 1420 is a Three Bedroom/two Bathroom plus den on one side with 1422 being a Four Bedroom/Two Bathroom duplex just a few blocks from the Oklahoma Memorial Stadium, walking/biking distance from OU Law School. Built in June 2014, these units include wood floors, granite countertops, stainless steel appliances, washer/dyer in unit and tankless water heaters. Total of 2 duplexes (4 units). 1418 #2 is currently being rented as a short term/vacation rental and has bookings through the end of the year and comes completely furnished!

**Buyer to verify sq ft. Tax records only include one building.

Last Agent to Sell the Property

Kelley Baca

Baca Realty Group LLC Listed on: 08/29/2022

Last Buyer's Agent

Laura Lechtenberg

Keller Williams Realty Elite

Keller Williams Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 2014

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 5,251 Sq Ft Home
  • 4-Story Property
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Full Bathrooms

Schools

  • Madison Elementary School
  • Irving Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,446

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Contemporary
  • Property Sub Type: Fourplex
  • Legal Addition: Hardie Rucker
  • Mandatory Association Dues Yn: No
  • School Junior High: Irving MS
  • Stories: 4.0000
  • Third Party Comments: No
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Features: Laundry
  • Appliances: Dishwasher, Disposal, Refrigerator, Water Heater
  • Total Bedrooms: 13
  • Total Bathrooms: 10.00
  • Full Bathrooms: 10
  • Total Sq Ft: 5251

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: Madison ES
  • High School: Norman HS

Lot Info

  • Land Sq Ft: 6534

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 28, 2022
Sold by
George Ave Llc
Bought by
Glass Saturn Llc
Seller's Agent
Kelley Baca
Baca Realty Group LLC
Buyer's Agent
Laura Lechtenberg
Keller Williams Realty Elite
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
84
Current Estimated Value
$741,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,027
Avg. Annual Appreciation
-6.66%
Original Mortgage
$700,000
Outstanding Balance
$387,816
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$335,128

Purchase Details

Closed on
Mar 23, 2015
Sold by
Woods William J and Woods Giselle B
Bought by
Woods William J and Woods Giselle B

Purchase Details

Closed on
Oct 10, 2013
Sold by
Carson Joel L
Bought by
Woods William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.54%
Mortgage Type
Commercial
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
Glass Saturn Llc $875,000 American Eagle
Woods William J -- Cleveland County Abstract Co
Woods William J $70,000 None Available
The Joyce L Carson Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glass Saturn Llc $700,000
Previous Owner George Ave Llc $1,160,000
Previous Owner George Ave Llc $1,160,000
Previous Owner Woods William J $157,500
Previous Owner Woods William J $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $875,000 -2.7% $167 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $899,000 -- $171 / 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 $5,446 $45,480 $6,410 $39,070
2023 $5,201 $43,314 $6,000 $37,314
2022 $2,343 $20,348 $5,400 $14,948
2021 $2,470 $20,348 $5,400 $14,948
2020 $2,417 $20,348 $5,400 $14,948
2019 $2,458 $20,348 $5,400 $14,948
2018 $2,384 $20,349 $5,400 $14,949
2017 $2,411 $20,349 $0 $0
2016 $2,451 $20,349 $5,400 $14,949
2015 -- $20,349 $5,400 $14,949
2014 -- $9,113 $3,000 $6,113
Source: Public Records

Agents Affiliated with this Home

  • Kelley Baca

    Seller's Agent in 2022

    Kelley Baca

    Baca Realty Group LLC

    (405) 545-0582

    1 in this area

    81 Total Sales

    Section Image
  • Laura Lechtenberg

    Buyer's Agent in 2022

    Laura Lechtenberg

    Keller Williams Realty Elite

    (405) 802-0918

    1 in this area

    87 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 1027736

MLSOK

APN: R0034558

Oklahoma Cleveland County Norman 73072 University of Oklahoma

1418 George Ave Unit 1422, Norman, OK

This home is located at 1418 George Ave Unit 1422, Norman, OK 73072 since 29 August 2022 and is currently estimated at $741,973, approximately $141 per square foot. This property was built in 2014. 1418 George Ave Unit 1422 is a home located in Cleveland County with nearby schools including Madison Elementary School, Irving Middle School, and Norman High School.

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