$115,000
SOLD DEC 28, 2022

1424 Magnolia Ln Oklahoma City, OK 73110

2 Beds
1 Bath
960 Sq Ft
8,834 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

58 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1 Car Attached Garage
  • Sun or Florida Room
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of December 2022

Buyer got cold feet so back on the market. Great investment property. Quaint and cozy 2 bedroom home in good condition. Close to schools, shopping and Tinker Air Force Base. Granite counter tops, hard-surface flooring, easy to rent. Area between house and garage has been enclosed for additional living space. Currently rented but tenant is willing to move, so please do not disturb tenant. Contact the listing Realtor to schedule a showing. Allow at least 2 hours for showing confirmation.

Last Agent to Sell the Property

Philip Webb

Webb Properties Group Listed on: 10/05/2022

Co-Listed By

Thelene Webb

Webb Properties Group

Last Buyer's Agent

Becky Ivins

Movers Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1949

Lot Details

  • 8,834 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sun or Florida Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Country Estates Elementary School
  • Midwest City Middle School
  • Midwest City High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Handicap Yn: No
  • Inlaw Plan Yn: No
  • Legal Addition: Wilson Sub Add
  • Mandatory Association Dues Yn: No
  • Oven Energy: Gas
  • Property Faces: East
  • Property Level: One
  • Range Energy: Gas
  • School Junior High: Midwest City MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 1949
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Laminate, Tile
  • Fireplace Description: None
  • Appliances: Dishwasher, Refrigerator, Water Heater
  • Interior Amenities: Ceiling Fan, Laundry Room, Window Treatment
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 2
  • Other Rooms: Florida, Inside Utility
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 960

Exterior Features

  • Construction: Vinyl
  • Pool: No
  • Exterior Features: Covered Porch
  • Fence: Chain, All
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 1
  • Garage Description: Attached
  • Parking: Concrete Drive

Utilities

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

Schools

  • Elementary School: Country EStates ES
  • High School: Midwest City HS

Lot Info

  • Acres: 0.2028
  • Land Sq Ft: 8834
  • Lot Description: Corner

Tax Info

  • Tax Block: 4
  • Tax Lot: 4

MLS Schools

  • School District: Midwest City/Del City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 22, 2022
Sold by
Mjm Oklahoma Real Estate Holdings Llc
Bought by
Whw Investments Llc
Seller's Agent
Philip Webb
Webb Properties Group
Buyer's Agent
Becky Ivins
Movers Real Estate Company
List Price
$115,000
Sold Price
$115,000
Views
33
Current Estimated Value
$132,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,886
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 18, 2019
Sold by
Mcdaniel Matthew J and Mcdaniel Jillian
Bought by
Mjm Oklahoma Real Estate Holdings Llc
Seller's Agent
Gary Harris
Salt Real Estate Inc
Buyer's Agent
Gary Harris
Salt Real Estate Inc
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$56,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 7, 2019
Sold by
Holt Travis A and Holt Nicole D
Bought by
Mcdaniel Matthew J
Seller's Agent
Gary Harris
Salt Real Estate Inc
Buyer's Agent
Gary Harris
Salt Real Estate Inc
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

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%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1998
Sold by
Speight Robert Cobb
Bought by
Randazzo Michael J and Randazzo Gary W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 American Security Title
Quit Claim Deed -- Oklahoma City Abstract & Ttl
Warranty Deed $70,000 Oklahoma City Abstract & Ttl
Warranty Deed $42,500 Stewart Escrow & Tile
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $320,000 Credit Line Revolving
Previous Owner $56,000 New Conventional
Previous Owner $58,913 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Rented $1,050 0.0% --
05/23/2024 05/23/24 For Rent $1,050 0.0% --
12/28/2022 12/28/22 Sold $115,000 0.0% $120 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/29/2022 11/29/22 Price Changed $115,000 0.0% $120 / Sq Ft
11/29/2022 11/29/22 For Sale $115,000 -11.5% $120 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $130,000 +85.7% $135 / Sq Ft
05/07/2019 05/07/19 Sold $70,000 -6.7% $73 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $75,000 -- $78 / 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 $1,502 $13,398 $1,943 $11,455
2023 $1,502 $12,760 $1,369 $11,391
2022 $1,004 $8,610 $1,135 $7,475
2021 $979 $8,200 $1,276 $6,924
2020 $959 $7,810 $1,369 $6,441
2019 $632 $6,380 $1,292 $5,088
2018 $636 $6,773 $0 $0
2017 $646 $6,773 $1,292 $5,481
2016 $664 $6,773 $1,292 $5,481
2015 $782 $6,523 $2,112 $4,411
2014 $760 $6,351 $2,112 $4,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1033092

MLSOK

APN: 150052900