NOT LISTED FOR SALE

Estimated Value: $162,484 - $210,000

3 Beds
2 Baths
1,465 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $98,473 $67 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,082/month

Highlights

  • Laundry Room
  • Fenced
  • 1-Story Property
  • Lincoln Elementary School Rated A-

About This Home

As of January 2017

Duplex unit available less than 1 mile from OU campus!!! Efficient floorplans include living room, kitchen, dining area, washer/dryer hookups, bedroom(s), and bathroom. Each building offers both a two-bedroom unit that rents for an average of $650/month and a one-bedroom unit that rents for an average of $550 a month. Property has performed well running at over a 98% occupancy rate with long-term renters. Tenants pay all utilities. Excellent income property or opportunity for owner/occupant. Up to 20 similar buildings (40 rental units) possibly available!

Last Agent to Sell the Property

Erica Stone

Henry Hinds Realty LLC Listed on: 11/17/2016

Co-Listed By

Nathan Fogarty

Henry Hinds Realty LLC

Last Buyer's Agent

Richard Jennings

Richard Jennings Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1947

Lot Details

  • 7,990 Sq Ft Lot
  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Separate Meters
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,328

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Other
  • Property Sub Type: Duplex
  • Senior Community: No
  • Legal Addition: Faculty Heights
  • Mandatory Association Dues Yn: No
  • Misc Features: Fenced Property, Separate Meters, Tenant Pays Utils
  • Number1 Br Units: 1
  • Number2 Br Units: 1
  • Property Level: One
  • Stories: 1.0000
  • Third Party Comments: No
  • Year Built: 1947
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Laundry, Washer/Dryer Hookup
  • Appliances: Refrigerator, Water Heater
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1465

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Total Parking: 4

Lot Info

  • Land Sq Ft: 7990

Rental Info

  • Rent: 1200.00

Multi Family

  • Lease: Yes
  • Number Of Units: 2

Tax Info

  • Tax Block: 8
  • Tax Lot: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2022
Sold by
Rsr Norman Llc
Bought by
Ginasio Llc
Current Estimated Value
$183,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$569,200
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
-$400,517

Purchase Details

Closed on
Oct 6, 2004
Sold by
Arkansas Apartments, Llc
Bought by
Storm Gregory T and Storm Michelle R

Purchase Details

Closed on
Oct 15, 2002
Sold by
Methvin Dorothy J Methvin Frank B
Bought by
Arkansas Apartments, Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ginasio Llc $3,450,000 American Eagle
Storm Gregory T $70,000 --
Arkansas Apartments, Llc $1,100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $98,473 -10.4% $67 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $109,900 -- $75 / 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 $1,328 $11,085 $2,288 $8,797
2023 $1,268 $10,557 $3,000 $7,557
2022 $1,047 $9,090 $2,590 $6,500
2021 $526 $8,658 $2,543 $6,115
2020 $979 $8,245 $2,451 $5,794
2019 $948 $7,853 $2,346 $5,507
2018 $877 $7,479 $1,000 $6,479
2017 $880 $7,479 $0 $0
2016 $852 $7,074 $946 $6,128
2015 -- $6,737 $901 $5,836
2014 -- $6,417 $858 $5,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 752303

MLSOK

APN: R0033477