1501 Drury Ln Nichols Hills, OK 73116
Estimated Value: $3,132,000 - $4,034,000
4
Beds
6
Baths
6,811
Sq Ft
$521/Sq Ft
Est. Value
Highlights
- Cabana
- Wood Flooring
- Mediterranean Architecture
- 0.71 Acre Lot
- Outdoor Kitchen
- 4-minute walk to Kite Park
About This Home
As of April 2021Complete Total Restoration with timeless beauty! Everything was taken to the studs and rebuilt! Inviting entry with very tall pitched ceilings! Elegant formal living with original fireplace that opens to the bar! Absolutely stunning bar with Perlick wine fridges and beverage drawers and ice maker (Hoshizaki). Study with original fireplace. The stunning kitchen opens to a family room with an added fireplace and the ceilings were raised! The kitchen is a chef's dream with an ILVE from Italy gas stove with double ovens, 2 dishwashers, 2 fridge freezer combos and a separate butler's pantry with a Miele warming oven and Miele oven and Miele dishwasher. Beautiful master bedroom with exposed beams and views of the gardens and his and her vanities and closets! 3 Bedrooms upstairs all with ensuite bathrooms and walk in closets. Open living area upstairs for the family or kids to entertain. The backyard is absolutely gorgeous with manicured lawns and a cabana for entertaining and a bar!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,694
Year Built
- Built in 1936
Lot Details
- 0.71 Acre Lot
- Corner Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Mediterranean Architecture
- Combination Foundation
- Tile Roof
- Stucco
Interior Spaces
- 6,811 Sq Ft Home
- 2-Story Property
- Woodwork
- 3 Fireplaces
- Fireplace Features Masonry
- Game Room
- Inside Utility
- Laundry Room
- Wood Flooring
Kitchen
- Double Oven
- Electric Oven
- Built-In Range
- Warming Drawer
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Cabana
- Open Patio
- Outdoor Kitchen
Schools
- Nichols Hills Elementary School
- John Marshall Middle School
- John Marshall High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 011 / 042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2020
Closed on
Apr 16, 2021
Sold by
Smn Revocable Trust
Bought by
Norman David D Le and Norman Cory A
Seller's Agent
Kermit Brown
Sage Sotheby's Realty
Buyer's Agent
Kermit Brown
Sage Sotheby's Realty
List Price
$3,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$100,000
-3.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,409
Avg. Annual Appreciation
1.63%
Original Mortgage
$7,250,000
Outstanding Balance
$6,635,024
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
-$3,264,899
Purchase Details
Closed on
Jan 10, 2018
Sold by
Nelson Stanton and Nelson Kerry
Bought by
Smn Revocable Trust and Ksn Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,425,000
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 4, 2016
Closed on
Nov 7, 2016
Sold by
Frates Mary Y
Bought by
Nelson Stanton and Nelson Stanton M
Seller's Agent
Mark Murphy
Ariston Realty LLC
Buyer's Agent
Kent Potter
Metro First Realty
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$850,000
Interest Rate
3.42%
Mortgage Type
Construction
Purchase Details
Closed on
May 22, 2001
Sold by
Frates Mary Y
Bought by
Frates Mary Y and Mary Y Frates Living Trust
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman David D Le | $3,150,000 | Chicago Title Oklahoma Co | |
| Smn Revocable Trust | -- | None Available | |
| Nelson Stanton | $1,700,000 | None Available | |
| Frates Mary Y | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Le Norman David D | $2,900,000 | |
| Open | Norman David D Le | $7,250,000 | |
| Previous Owner | Norman David D Le | $3,100,000 | |
| Previous Owner | Nelson Stanton M | $2,425,000 | |
| Previous Owner | Nelson Stanton | $1,828,000 | |
| Previous Owner | Nelson Stanton M | $2,500,000 | |
| Previous Owner | Nelson Stanton | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $3,150,000 | -3.1% | $462 / Sq Ft |
| 01/25/2021 01/25/21 | For Sale | $3,250,000 | +3.2% | $477 / Sq Ft |
| 12/05/2020 12/05/20 | Off Market | $3,150,000 | -- | -- |
| 11/11/2020 11/11/20 | For Sale | $3,250,000 | +91.2% | $477 / Sq Ft |
| 11/07/2016 11/07/16 | Sold | $1,700,000 | -10.5% | $327 / Sq Ft |
| 09/25/2016 09/25/16 | Pending | -- | -- | -- |
| 04/04/2016 04/04/16 | For Sale | $1,900,000 | -- | $365 / Sq Ft |
Source: MLSOK
Tax History Compared to Growth
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 | $48,694 | $306,295 | $30,068 | $276,227 |
| 2023 | $48,694 | $348,535 | $43,931 | $304,604 |
| 2022 | $43,747 | $343,035 | $43,931 | $299,104 |
| 2021 | $31,117 | $243,100 | $43,931 | $199,169 |
| 2020 | $33,573 | $253,506 | $42,981 | $210,525 |
| 2019 | $32,280 | $246,122 | $46,819 | $199,303 |
| 2018 | $30,372 | $238,954 | $0 | $0 |
| 2017 | $23,086 | $184,469 | $49,288 | $135,181 |
| 2016 | $16,718 | $130,855 | $46,277 | $84,578 |
| 2015 | $15,860 | $124,625 | $35,907 | $88,718 |
| 2014 | $14,796 | $118,690 | $36,612 | $82,078 |
Source: Public Records
Agents Affiliated with this Home
-
Kermit Brown
K
Seller's Agent in 2021
Kermit Brown
Sage Sotheby's Realty
(405) 990-3000
27 in this area
86 Total Sales
-
Mark Murphy
M
Seller's Agent in 2016
Mark Murphy
Ariston Realty LLC
(405) 476-4200
3 Total Sales
-
K
Buyer's Agent in 2016
Kent Potter
Metro First Realty
Map
Source: MLSOK
MLS Number: 934198
APN: 169575150
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