NOT LISTED FOR SALE

1509 Buttram Rd Nichols Hills, OK 73120

Estimated Value: $1,497,000 - $2,028,000

5 Beds
6 Baths
5,240 Sq Ft
$331/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $1,350,000 $258 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,254/month

118 Days on Market

Highlights

  • Concrete Pool
  • Wooded Lot
  • Wood Flooring
  • 0.79 Acre Lot
  • Traditional Architecture
  • 2 Fireplaces

About This Home

As of February 2023

Custom built in 1975 by Everett Dale. Big rooms & open floor plan with vaulted ceilings in kitchen & both living areas. Acres of oak floors. Large lot-just under an acre-circle drive in front, 3 car rear loading garage with an abundance of extra parking behind garage. Large entry leads to big living area with vaulted ceiling and wood fireplace. Very large for formal dining room. Updated kitchen with vaulted ceiling & eating area looking out to backyard with pool. Second living with wood fireplace and vaulted ceiling overlooking big backyard filled with trees and pool. Master on ground floor has his and her closets and spacious bath. Another bedroom on ground floor with its own bath. Upstairs are 3 beds and 2 full baths. Big concrete area behind garage would make a great basketball or pickle ball court. Light fixture over kitchen table, mirror in guest 1/2 bathroom adjacent to dining room are reserved. Buyer verify taxes- schools.

Last Agent to Sell the Property

Chuck Covington

Covington Company Listed on: 10/21/2022

Last Buyer's Agent

Audrey Scott

Modern Abode Realty

Modern Abode Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,968

Year Built

  • Built in 1975

Lot Details

  • 0.79 Acre Lot
  • Interior Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stone

Interior Spaces

  • 5,240 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Inside Utility
  • Laundry Room
  • Home Security System

Kitchen

  • Double Oven
  • Electric Oven
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Concrete Pool
  • Covered patio or porch

Schools

  • Nichols Hills Elementary School
  • John Marshall Middle School
  • John Marshall High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,968

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Handicap Yn: No
  • Legal Addition: Buttram Estates to Nichols Hills
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Security System, Tankless Hot Water, Underground Sprinkler, Water Softener
  • Oven Energy: Electric
  • Property Level: Two
  • Range Energy: Gas
  • Roof Year: 2012
  • School Junior High: John Marshall MS
  • Special Zoning District Yn: No
  • Storm Shelter: Above Ground
  • Third Party Comments: No
  • Year Built: 1975
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Stone, Wood
  • Fireplace Description: Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Warming Oven
  • Interior Amenities: Laundry Room, Paint Woodwork, Stained Wood, Window Treatment
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Living Areas: 2
  • Other Rooms: Inside Utility
  • Oven Type: Dbl Ovens
  • Range Type: Builtin
  • Total Sq Ft: 5240

Exterior Features

  • Construction: Stone
  • Pool Type: Concrete
  • Pool: Yes
  • Exterior Features: Covered Patio, Open Patio
  • Foundation: Slab
  • Roof: Heavy Comp

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached
  • Parking: Circle Drive, Concrete Drive

Utilities

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

Schools

  • Elementary School: Nichols Hills ES
  • High School: John Marshall HS

Lot Info

  • Acres: 0.7900
  • Land Sq Ft: 34412
  • Lot Description: Interior, Wooded

Green Features

  • Energy: Double Glazed Windows

Tax Info

  • Tax Block: 000
  • Tax Lot: 43

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 1, 2023
Sold by
Steven R Schatz 2010 Trust
Bought by
Scott Lance Vermillion and Scott Adriana
Seller's Agent
Chuck Covington
Covington Company
Buyer's Agent
Audrey Scott
Modern Abode Realty
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Views
90
Current Estimated Value
$1,736,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,405
Avg. Annual Appreciation
12.19%
Original Mortgage
$1,000,000
Outstanding Balance
$974,271
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$788,752

Purchase Details

Closed on
Mar 16, 2010
Sold by
Schatz Steven R and Schatz Elizabeth A
Bought by
Schatz Steven R and Schatz Elizabeth A

Purchase Details

Closed on
Jan 10, 2005
Sold by
Hazelwood James R and Hazelwood Dorothy C
Bought by
Schatz Steven R and Schatz Elizabeth A
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 Buyer Sale Price Title Company
Scott Lance Vermillion $1,350,000 Old Republic Title
Schatz Steven R -- None Available
Schatz Steven R $587,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Lance Vermillion $1,000,000
Closed Schatz Steven R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $1,350,000 0.0% $258 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/27/2023 01/27/23 Off Market $1,350,000 -- --
11/11/2022 11/11/22 Price Changed $1,380,000 -4.8% $263 / Sq Ft
10/21/2022 10/21/22 For Sale $1,450,000 -- $277 / 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 $18,968 $163,405 $33,673 $129,732
2023 $18,968 $135,767 $29,550 $106,217
2022 $16,362 $129,302 $40,907 $88,395
2021 $16,007 $125,536 $44,239 $81,297
2020 $16,072 $121,880 $44,753 $77,127
2019 $16,236 $124,290 $38,615 $85,675
2018 $15,275 $120,670 $0 $0
2017 $14,983 $120,724 $27,631 $93,093
2016 $14,888 $117,534 $27,631 $89,903
2015 $14,976 $118,684 $27,631 $91,053
2014 $14,568 $117,865 $26,885 $90,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1036159

MLSOK

APN: 169691050