NOT LISTED FOR SALE

Estimated Value: $217,000 - $231,000

0.32 Acre
$695,834 Price per Acre
13,939 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $22,000 $18 Per Sq Ft

Est. 912% increase in value since last sale

Current estimated payment $1,484/month

Highlights

  • Interior Lot
  • Ronald Reagan Elementary School Rated A-
  • Greenbelt

About This Lot

As of April 2023

Vacant lot ready to build on. Previous home was 1,206 sq ft. City of Norman is offering a free building permit if home of same size or smaller is built on property, if larger builder to pay the square footage difference between original square footage and new square footage at a minimum of $1.14/sq foot (buyer to verify with City of Norman). Previous home had electric, gas and water.

Last Agent to Sell the Property

Heather Schleeper

Heather & Company Realty Group Listed on: 04/03/2023

Last Buyer's Agent

Heather Schleeper

Heather & Company Realty Group Listed on: 04/03/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,634

Lot Details

  • 0.32 Acre Lot
  • Interior Lot
  • Finished Lot(s)

Schools

  • Ronald Reagan Elementary School
  • Irving Middle School
  • Norman High School

Utilities

  • Gas Available
  • Municipal Trash

Community Details

  • Greenbelt

Listing and Financial Details

  • Legal Lot and Block 5 / 2

Property Details

Property Type

Land

Est. Annual Taxes

$3,634

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Lot
  • Existing House Yn: No
  • Legal Addition: East Ridge 11
  • Mobile Homes Allowed Yn: No
  • Road Access: Public
  • Road Maintenance: City
  • School Junior High: Irving MS
  • Subdivide Yn: No
  • Third Party Comments: Yes
  • Special Features: None

Exterior Features

  • Fenced: No
  • Road Frontage: City Road
  • Road Surface: Blacktop

Utilities

  • Electric: Public
  • Garbage: Public
  • Gas: Public
  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Ronald Reagan ES
  • High School: Norman HS

Lot Info

  • Acres: 0.3200
  • Land Sq Ft: 13939
  • Lot Description: Green Belt, Interior
  • Mineral Rights: No
  • Zoning: Residential

Tax Info

  • Tax Block: 2
  • Tax Lot: 5

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 14, 2023
Sold by
Lightning Bar Properties Llc
Bought by
W-H Rentals Llc
Seller's Agent
Heather Schleeper
Heather & Company Realty Group
Buyer's Agent
Heather Schleeper
Heather & Company Realty Group
List Price
$25,000
Sold Price
$22,000
Premium/Discount to List
-$3,000
-12%
Current Estimated Value
$222,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,667
Avg. Annual Appreciation
152.40%

Purchase Details

Listed on
May 3, 2021
Closed on
Apr 16, 2021
Sold by
Inselman Jeremy D and Inselman Rachel T
Bought by
Lightning Bar Properties Llc
Seller's Agent
Heather Schleeper
Heather & Company Realty Group
Buyer's Agent
Heather Schleeper
Heather & Company Realty Group
Sold Price
$1,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-61.10%

Purchase Details

Listed on
Aug 28, 2013
Closed on
Sep 18, 2013
Sold by
National Residential Nominee Services In
Bought by
Inselman Jeremy D and Inselman Rachel T
Seller's Agent
Kay Hair
Metro Brokers of Oklahoma
Buyer's Agent
Kim Price
CENTURY 21 Judge Fite Company
List Price
$118,775
Sold Price
$118,755
Premium/Discount to List
-$20
-0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$116,603
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2013
Sold by
Liberty National Financial Corporation
Bought by
Adams Jeremy and Adams Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,075
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2008
Sold by
Adams Jeremy and Adams Andrea
Bought by
Liberty National Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
W-H Rentals Llc $22,000 Old Republic Title
Lightning Bar Properties Llc $146,000 Old Republic Title Co Of Ok
Inselman Jeremy D $119,000 None Available
Adams Jeremy -- American Eagle Title Ins Co
Liberty National Financial Corporation $115,000 Alliance Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inselman Jeremy D $116,603
Previous Owner Adams Jeremy $102,075
Previous Owner Liberty National Financial Corporation $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $22,000 -12.0% $18 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $25,000 0.0% $21 / Sq Ft
05/06/2021 05/06/21 Rented $1,400 0.0% --
05/03/2021 05/03/21 For Rent $1,400 0.0% --
04/16/2021 04/16/21 Sold $144,000 -1.3% $111 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $145,900 +22.9% $112 / Sq Ft
09/27/2013 09/27/13 Sold $118,755 0.0% $91 / Sq Ft View Prior Sale
09/03/2013 09/03/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $118,775 -- $91 / 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 $3,634 $30,343 $4,674 $25,669
2023 $584 $4,869 $4,869 $0
2022 $2,228 $19,347 $4,425 $14,922
2021 $1,511 $13,450 $2,400 $11,050
2020 $1,479 $13,450 $2,400 $11,050
2019 $1,504 $13,450 $2,400 $11,050
2018 $1,459 $13,450 $2,400 $11,050
2017 $1,475 $13,450 $0 $0
2016 $1,457 $13,103 $2,338 $10,765
2015 $1,369 $12,721 $1,671 $11,050
2014 $1,383 $12,721 $1,671 $11,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1052418

MLSOK

APN: R0088454