NOT LISTED FOR SALE

1507 Farmington Ave Norman, OK 73072

Southwest Norman Neighborhood

Estimated Value: $154,000 - $161,986

3 Beds
1 Bath
943 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $99,000 $105 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $981/month

13 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Car Attached Garage
  • Norman High School Rated A-
  • Wood Flooring
  • Interior Lot

About This Home

As of February 2017

MULTIPLE OFFERS DUE BY 5PM 2/1 - Don't miss the opportunity to own this adorable Norman home! The open floor plan includes a spacious living room with sturdy hardwood flooring, tiled dining area and kitchen -- BRAND NEW RANGE, 3 large bedrooms with plenty of storage space, and large full bath! You also get a huge back yard complete with a lovely deck and storage shed -- what a PLUS! The property is located only minutes away from the University of Oklahoma, public schools, shopping malls, I-35 and highway 9! This deal won't last long, so call us today to schedule a private showing!

Last Agent to Sell the Property

Meghan Fife

KW Summit Listed on: 01/19/2017

KW Summit

Last Buyer's Agent

Dawn Robinson

Moxie Appraisals

Moxie Appraisals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1971

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Open Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 31 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,349

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Handicap Yn: No
  • Legal Addition: Southern Hills
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Smoke Alarm
  • Oven Energy: Electric
  • Property Faces: West
  • Property Level: One
  • Range Energy: Electric
  • 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, Carpet, Tile, Wood
  • Fireplace Description: None
  • Appliances: Dishwasher, Disposal, Water Heater
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 943

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Open Deck, Open Patio, Storage Area
  • Fence: Wood, All
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 1
  • Garage Description: Attached

Utilities

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

Lot Info

  • Land Sq Ft: 6776
  • Lot Description: Interior

Tax Info

  • Tax Block: 4
  • Tax Lot: 31

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 28, 2017
Sold by
Lee Steven
Bought by
Kump Vick Kristin
Seller's Agent
Meghan Fife
KW Summit
Buyer's Agent
Dawn Robinson
Moxie Appraisals
List Price
$98,500
Sold Price
$99,000
Premium/Discount to List
$500
0.51%
Current Estimated Value
$158,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,611
Avg. Annual Appreciation
5.67%
Original Mortgage
$97,205
Outstanding Balance
$81,608
Interest Rate
4.19%
Mortgage Type
FHA
Estimated Equity
$76,139

Purchase Details

Closed on
May 15, 2014
Sold by
Tontz Laura E and Tontz Gregory T
Bought by
Lee Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,819
Interest Rate
4.46%
Mortgage Type
FHA
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
Kump Vick Kristin $99,000 Old Republic Title
Lee Steven $91,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kump Vick Kristin $97,205
Previous Owner Lee Steven $89,819
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $99,000 +0.5% $105 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $98,500 -- $104 / 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 $1,349 $11,255 $2,645 $8,610
2023 $1,287 $10,719 $2,973 $7,746
2022 $1,177 $10,209 $2,400 $7,809
2021 $1,241 $10,209 $2,400 $7,809
2020 $1,213 $10,209 $2,400 $7,809
2019 $1,234 $10,209 $2,400 $7,809
2018 $1,197 $10,209 $2,400 $7,809
2017 $1,210 $10,209 $0 $0
2016 $0 $10,209 $2,400 $7,809
2015 -- $10,217 $1,057 $9,160
2014 -- $9,878 $1,022 $8,856
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Meghan Fife

    KW Summit

    Section Image

  • D

    Buyer's Agent in 2017

    Dawn Robinson

    Moxie Appraisals

    Section Image
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Map

Source: MLSOK

MLS Number: 757399

MLSOK

APN: R0044926

Oklahoma Cleveland County Norman 73072 Southwest Norman

1507 Farmington Ave, Norman, OK

This home is located at 1507 Farmington Ave, Norman, OK 73072 since 19 January 2017 and is currently estimated at $157,747, approximately $167 per square foot. This property was built in 1971. 1507 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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