NOT LISTED FOR SALE

1601 Drury Ln Nichols Hills, OK 73116

Estimated Value: $2,743,000 - $3,200,000

5 Beds
7.5 Baths
8,043 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $2,535,000 $315 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $18,561/month

67 Days on Market

Highlights

  • Concrete Pool
  • Traditional Architecture
  • Covered Patio or Porch
  • 1.06 Acre Lot
  • 4 Fireplaces
  • 4-minute walk to Grand Boulevard Park

About This Home

As of May 2021

FULL HOUSE GENERATOR!!! Incredible Estate in Nichols Hills on sought after Drury Lane with a full size tennis court and pool. Complete remodel in 2012 with Control 4 smart house technology. Traditional floor plan includes an open kitchen/family and breakfast room, formal living and dining areas, study/library and two extra living spaces all on the main floor. Four bedrooms upstairs including the amazing owners retreat with vaulted ceilings and spectacular views of the pool. The spacious owners bath has heated floors. All bedrooms have their own private bathrooms. The heated and cooled finished basement has multiple game room areas and a bedroom with a full bath. Above the garage has a studio with a full bath. This is a great area for a home office, guest bedroom or a workout room. All landscape irrigation is on a water well which is a tremendous benefit for an estate lot in Nichols Hills. Come see this amazing home today!

Last Agent to Sell the Property

Patrick Bates

Nichols Hills Properties LLC Listed on: 01/28/2021

Last Buyer's Agent

Joshua Kitchen

Wheeler Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,789

Year Built

  • Built in 1934

Lot Details

  • 1.06 Acre Lot
  • Interior Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 8,043 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Pool

  • Concrete Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Block 040

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,789

Year Built

Built in 1934

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Legal Addition: Nichols Hills Add
  • Mandatory Association Dues Yn: No
  • Property Level: Two
  • School Junior High: John Marshall MS
  • Special Zoning District Yn: No
  • Storm Shelter: Other
  • Third Party Comments: Yes
  • Year Built: 1934
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Gas Logs
  • Fireplaces: 4
  • Total Bedrooms: 5
  • Total Bathrooms: 7.10
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Living Areas: 6
  • Total Sq Ft: 8043

Exterior Features

  • Construction: Brick & Frame
  • Pool Type: Concrete
  • Pool: Yes
  • Exterior Features: Balcony, Covered Patio, Grill, Guest Quarters, Hot Tub/Spa
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 4
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

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

Lot Info

  • Acres: 1.0600
  • Land Sq Ft: 46174
  • Lot Description: Interior

Tax Info

  • Tax Block: 040
  • Tax Lot: 000

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
May 21, 2021
Sold by
Baetz Cary D and Baetz Treca S
Bought by
Drury Lane Trust
Seller's Agent
Patrick Bates
Nichols Hills Properties LLC
Buyer's Agent
Joshua Kitchen
Wheeler Realty LLC
List Price
$2,795,000
Sold Price
$2,535,000
Premium/Discount to List
-$260,000
-9.3%
Current Estimated Value
$2,935,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,551
Avg. Annual Appreciation
1.71%
Original Mortgage
$2,028,000
Outstanding Balance
$1,871,125
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$853,765

Purchase Details

Closed on
Mar 23, 2017
Sold by
Baetz Cary D and Baetz Treca S
Bought by
Baetz Cary D and Baetz Treca

Purchase Details

Closed on
Feb 24, 2012
Sold by
Scott K Lucas Trust
Bought by
Baetz Cary and Baetz Treca

Purchase Details

Closed on
Oct 28, 2000
Sold by
Lucas Scott K and Lucas Debra K
Bought by
Lucas Scott K and Lucas Debra Kay
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
Drury Lane Trust $2,335,000 Chicago Title Oklahoma Co
Baetz Cary D -- None Available
Baetz Cary $1,615,000 None Available
Lucas Scott K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drury Lane Trust $2,028,000
Previous Owner Baetz Cary D $1,750,000
Previous Owner Baetz Cary D $1,000,000
Previous Owner Lucas Scott K $1,024,000
Previous Owner Lucas Scott K $300,000
Previous Owner Lucas Scott K $567,000
Previous Owner Lucas Scott K $435,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $2,535,000 -9.3% $315 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $2,795,000 -- $348 / 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 $30,789 $228,016 $40,040 $187,976
2023 $30,789 $221,375 $43,725 $177,650
2022 $35,076 $276,045 $43,725 $232,320
2021 $23,900 $186,945 $43,725 $143,220
2020 $24,504 $185,295 $43,725 $141,570
2019 $25,554 $195,045 $70,681 $124,364
2018 $24,043 $189,365 $0 $0
2017 $24,482 $196,624 $73,586 $123,038
2016 $27,044 $212,676 $73,280 $139,396
2015 $26,150 $206,482 $54,264 $152,218
2014 $24,866 $200,467 $54,660 $145,807
Source: Public Records

Agents Affiliated with this Home

  • Patrick Bates

    Seller's Agent in 2021

    Patrick Bates

    Nichols Hills Properties LLC

    (405) 509-3611

    55 in this area

    88 Total Sales

    Patrick Bates
    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Kitchen

    Wheeler Realty LLC

    (405) 615-9677

    1 in this area

    7 Total Sales

    Joshua Kitchen
    Section Image
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Map

Source: MLSOK

MLS Number: 943053

MLSOK

APN: 169574970

Oklahoma Oklahoma County Nichols Hills 73116

1601 Drury Ln, Nichols Hills, OK

This home is located at 1601 Drury Ln, Nichols Hills, OK 73116 since 28 January 2021 and is currently estimated at $2,935,551, approximately $364 per square foot. This property was built in 1934. 1601 Drury Ln is a home located in Oklahoma County with nearby schools including Nichols Hills Elementary School, John Marshall Middle School, and John Marshall High School.

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