NOT LISTED FOR SALE

1503 Farmington Ave Norman, OK 73072

Southwest Norman Neighborhood

Estimated Value: $150,000 - $165,000

2 Beds
1 Bath
835 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $107,500 $129 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,001/month

6 Days on Market

Highlights

  • Covered patio or porch
  • Interior Lot
  • Tankless Water Heater
  • Norman High School Rated A-
  • Double Pane Windows
  • Inside Utility

About This Home

As of April 2018

BEST NORMAN BUNGALOW! Completely remodeled with distinctive updates! and Exacting Workmanship! Huge reconfigured and spacious kitchen, bathroom, and laundry room. KITCHEN: all newer cabinets, granite counter tops, recessed lights, plumbing fixtures, sink, gas stove, and reverse osmosis filter! BATHROOM: walk-in tiled shower with rain shower head, updated vanity and toilet. LAUNDRY ROOM: seller feels this room adds approximately 125 square feet of living space, pushing the total square feet to approximately 960, includes a sink, granite tops, and cabinets. Home also features a tank-less water heater, newer roof shingles, double pane energy efficient windows, doors, textured paint, crown molding, carpet, wood look flooring, garage storage, patio canopy, and outbuilding! Refrigerator and washer and dryer negotiable.

Last Agent to Sell the Property

Wally Kerr

Your Home Sold Guaranteed-Kerr Listed on: 03/23/2018

Co-Listed By

Bradley Willard

MK Partners INC

Last Buyer's Agent

Tracey Veal

Metro Brokers Progressive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 1971

Lot Details

  • 6,776 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Interior Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 835 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Inside Utility
  • Storm Doors

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 32 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,623

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: Southern Hills
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Tankless Hot Water
  • Oven Energy: Gas
  • Property Faces: West
  • Property Level: One
  • Range Energy: Gas
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1971
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo
  • Fireplace Description: None
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Paint Woodwork, Window Treatment, Ceiling Fan
  • Room Count: 3
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Other Rooms: Inside Utility
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 835

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Patio, Outbuildings
  • Fence: Wood, All
  • Foundation: Slab
  • Roof: Heavy Comp

Garage/Parking

  • Garage Description: None
  • Parking: Concrete Drive

Utilities

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

Lot Info

  • Acres: 0.1560
  • Land Sq Ft: 6776
  • Lot Description: Interior

Green Features

  • Energy: Double Glazed Windows, Storm Doors

Tax Info

  • Tax Block: 4
  • Tax Lot: 32

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Harmon Jason Michael and Harmon Erin Melissa
Bought by
Plumeria Properties Llc
Current Estimated Value
$158,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$523,089
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
-$365,756

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 30, 2018
Sold by
Paddock Victor S and Paddock Maria Irene
Bought by
Harmon Jason Michale and Harmon Erin Melissa
Seller's Agent
Wally Kerr
Your Home Sold Guaranteed-Kerr
Buyer's Agent
Tracey Veal
Metro Brokers Progressive
List Price
$110,000
Sold Price
$107,500
Premium/Discount to List
-$2,500
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$80,625
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2013
Sold by
Paddock Warren G and Paddock Laurel
Bought by
Paddock Victor S and Paddock Maria Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,532
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2008
Sold by
Thomas Eugene Boyd and Thomas Elena Michelle
Bought by
Paddock Warren G and Paddock Reellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.67%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Plumeria Properties Llc -- Chicago Title
Harmon Jason Michale $107,500 Cleveland County Abstract
Paddock Victor S $81,000 None Available
Paddock Warren G $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plumeria Properties Llc $544,000
Previous Owner Harmon Jason Michale $80,625
Previous Owner Paddock Victor S $79,532
Previous Owner Paddock Warren G $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $107,500 -2.3% $129 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $110,000 -- $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 $1,623 $13,551 $3,489 $10,062
2023 $1,550 $12,906 $3,879 $9,027
2022 $1,417 $12,291 $2,400 $9,891
2021 $1,493 $12,291 $2,400 $9,891
2020 $1,460 $12,291 $2,400 $9,891
2019 $1,486 $12,291 $2,400 $9,891
2018 $949 $9,103 $2,397 $6,706
2017 $928 $9,114 $0 $0
2016 $913 $8,580 $2,259 $6,321
2015 $856 $8,331 $1,057 $7,274
2014 $983 $8,331 $1,057 $7,274
Source: Public Records

Agents Affiliated with this Home

  • Wally Kerr

    Seller's Agent in 2018

    Wally Kerr

    Your Home Sold Guaranteed-Kerr

    (405) 330-4000

    21 in this area

    610 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Bradley Willard

    MK Partners INC

    (405) 673-0160

    6 in this area

    77 Total Sales

    Section Image
  • Tracey Veal

    Buyer's Agent in 2018

    Tracey Veal

    Metro Brokers Progressive

    (405) 833-5475

    19 in this area

    97 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 812378

MLSOK

APN: R0044927

Oklahoma Cleveland County Norman 73072 Southwest Norman

1503 Farmington Ave, Norman, OK

This home is located at 1503 Farmington Ave, Norman, OK 73072 since 23 March 2018 and is currently estimated at $158,333, approximately $189 per square foot. This property was built in 1971. 1503 Farmington Ave is a home located in Cleveland County with nearby schools including Monroe Elementary School, Alcott Middle School, and Norman High School.

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