1501 Drury Ln Nichols Hills, OK 73116
4
Beds
6
Baths
5,202
Sq Ft
0.71
Acres
Highlights
- 0.71 Acre Lot
- Wooded Lot
- 2 Fireplaces
- Deck
- Mediterranean Architecture
- 4-minute walk to Kite Park
About This Home
As of April 2021This historic landmark estate was designed by Harold Gimeno who also designed the Beta House at OU and the original Smith & Kernke Funeral Home. Harold designed missions throughout the Southwest United States in later years. The house was built by Raymond Smiser and Jim Yoch performed the landscape design and installation. A perfect execution of Classic European design, grace, flow and detail. A rare gem and opportunity!
Last Buyer's Agent
Kent Potter
Metro First Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,694
Year Built
- Built in 1936
Lot Details
- 0.71 Acre Lot
- South Facing Home
- Fenced
- Corner Lot
- Sprinkler System
- Wooded Lot
- Historic Home
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Additional Parking
Home Design
- Mediterranean Architecture
- Combination Foundation
- Tile Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 5,202 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Fireplace Features Masonry
- Window Treatments
- Inside Utility
- Home Gym
- Basement
Kitchen
- Built-In Oven
- Electric Oven
- Built-In Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Deck
- Open Patio
- Porch
Utilities
- Zoned Heating and Cooling
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
$432,293
Avg. Annual Appreciation
1.58%
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
8.14%
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
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,150,000 | Chicago Title Oklahoma Co | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $1,700,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,900,000 | New Conventional | |
| Open | $7,250,000 | Stand Alone Second | |
| Previous Owner | $3,100,000 | New Conventional | |
| Previous Owner | $2,425,000 | Commercial | |
| Previous Owner | $1,828,000 | Commercial | |
| Previous Owner | $2,500,000 | Commercial | |
| Previous Owner | $850,000 | Construction |
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
-
K
Seller's Agent in 2021
Kermit Brown
Sage Sotheby's Realty
(405) 990-3000
24 in this area
83 Total Sales
-
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: 724328
APN: 169575150
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