NOT LISTED FOR SALE

1605 Drury Ln Nichols Hills, OK 73116

Estimated Value: $2,322,000 - $2,924,999

4 Beds
2.5 Baths
4,647 Sq Ft
$577/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $1,342,500 $289 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $16,783/month

32 Days on Market

Highlights

  • 1.03 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • 3 Fireplaces
  • Circular Driveway

About This Home

As of December 2015

This incredible home is situated on just over one acre on the coveted Drury Lane in Nichols Hills! The architectural features and classic beauty of this home are breathtaking. There is an inspiring artist's studio on the first level that opens to the large and private back yard. The kitchen has been updated with stainless steel counters, a sub-zero refrigerator and freezer, and oversized gas range. Most of the home features the original wood floors, vintage hardware and fixtures, arched doorways, and stunning arched windows. There is a gated entrance leading to the two-car garage featuring an attached storage area with heating and air conditioning. There is a spacious basement and nice utility room large enough to use as an exercise room. This home captures all of the beauty and elegance you would expect to find in an authentic Nichols Hills treasure.

Last Agent to Sell the Property

Cathy Martin

Martin Real Estate Services Listed on: 10/12/2015

Last Buyer's Agent

Alice Dahlgren

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,086

Year Built

  • Built in 1937

Lot Details

  • 1.03 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot
  • Sprinkler System

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 4,647 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Utility Room with Study Area
  • Laundry Room
  • Inside Utility
  • Basement

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 11 / 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,086

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: Nichols Hills Add
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Underground Sprinkler
  • Property Faces: South
  • Property Level: Two
  • Range Energy: Gas
  • Roof Year: 2012
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1937
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Tile, Wood
  • Fireplace Description: Other
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Interior Amenities: Laundry Room
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Areas: 4
  • Other Rooms: Basement, Inside Utility, Study
  • Range Type: Free Stand
  • Total Sq Ft: 4647

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Balcony, Covered Patio, Storage Area
  • Fence: Wood, Part
  • Foundation: Conventional
  • Roof: Tile

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Attached
  • Parking: Circle Drive, Concrete Drive

Utilities

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

Lot Info

  • Acres: 1.0300
  • Land Sq Ft: 44867
  • Lot Description: Interior

Tax Info

  • Tax Block: 40
  • Tax Lot: 11

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Sullivan Steven M and Sullivan Veronica K
Bought by
Steven M Sullivan Revocable Trust
Current Estimated Value
$2,681,250

Purchase Details

Closed on
Mar 9, 2016
Sold by
Sullivan Steven M and Sullivan Veronica K
Bought by
Sullivan Steven M and Sullivan Veronica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.66%

Purchase Details

Listed on
Oct 12, 2015
Closed on
Dec 30, 2015
Sold by
Isaacs Garvin A and Revocable Trust Of Garvin A Is
Bought by
Sullivan Steven M and Sullivan Veronica K
Seller's Agent
Cathy Martin
Martin Real Estate Services
Buyer's Agent
Alice Dahlgren
List Price
$1,600,000
Sold Price
$1,342,500
Premium/Discount to List
-$257,500
-16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$1,500,000
Outstanding Balance
$1,208,019
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,263,573

Purchase Details

Closed on
Aug 4, 2006
Sold by
Isaacs Garvin A
Bought by
Isaacs Garvin A and 2006 Revocable Tr Of Garvin A

Purchase Details

Closed on
Oct 26, 1998
Sold by
Isaacs Beth Ann Kimrey
Bought by
Isaacs Garvin A
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
Steven M Sullivan Revocable Trust -- None Available
Sullivan Steven M -- Capitol Abstract & Title Co
Sullivan Steven M $1,342,500 Capitol Abstract& Title
Isaacs Garvin A -- None Available
Isaacs Garvin A -- --
Isaacs Garvin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven M Sullivan Revocable Tr $320,000
Closed Steven M Sullivan Revocable Trust $320,000
Closed Sullivan Steven $320,000
Open Sullivan Steven $800,000
Open Sullivan Steven M $1,500,000
Previous Owner Isaacs Garvin A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $1,342,500 -16.1% $289 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $1,600,000 -- $344 / 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 $26,086 $193,346 $39,675 $153,671
2023 $26,086 $187,715 $42,487 $145,228
2022 $24,303 $191,565 $42,487 $149,078
2021 $24,106 $187,550 $42,487 $145,063
2020 $27,350 $205,700 $42,487 $163,213
2019 $28,429 $215,875 $71,503 $144,372
2018 $26,438 $207,130 $0 $0
2017 $9,241 $73,839 $71,503 $2,336
2016 $18,677 $146,189 $71,503 $74,686
2015 $15,468 $122,544 $51,279 $71,265
2014 $14,707 $118,974 $50,973 $68,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 707035

MLSOK

APN: 169574950