NOT LISTED FOR SALE

Estimated Value: $204,000 - $249,000

4 Beds
2 Baths
1,998 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $179,900 $90 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,414/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • 1-Story Property
  • Norman North High School Rated A
  • Central Air

About This Home

As of July 2020

Opportunity is knocking on your door with this duplex where you can purchase both sides and both are already income producing! One lease is almost up but will be going month to month and the west side has a fresh 1 year lease in place. Located in the heart of Norman, each unit is 2 bedrooms with a full bathroom, spacious kitchen and cozy living room. Photos are of the west side when it was most recently empty. Video walk through is available upon request. Don't miss out on a rare investment right in the heart of Norman! Price includes both sides, leases transfer at closing and you have no headache of finding your own tenant! You could even live in one side while the other pays your house payment. Could it get any sweeter?

Last Agent to Sell the Property

Kyle Davis

Keller Williams Realty Mulinix Listed on: 06/05/2020

Keller Williams Realty Mulinix

Last Buyer's Agent

Tara Levinson

LRE Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1980

Lot Details

  • 8,276

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Wilson Elementary School
  • Longfellow Middle School
  • Norman North High School

Additional Features

  • 8,276 Sq Ft Lot
  • Central Air

Community Details

  • 2 Units
  • Gross Income $1,350

Listing and Financial Details

  • Legal Lot and Block 3 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,537

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Duplex
  • Legal Addition: Crystal Heights 8
  • Mandatory Association Dues Yn: No
  • Misc Features: Tenant Pays Utils
  • Number2 Br Units: 2
  • Property Level: One
  • School Junior High: Longfellow MS
  • Section: 99
  • Stories: 1.0000
  • Third Party Comments: No
  • Year Built: 1980
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Fireplace, Washer/Dryer Hookup
  • Fireplace Description: None
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1998

Exterior Features

  • Construction: Brick & Frame, Concrete
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Total Parking: 2
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Other

Schools

  • Elementary School: Wilson ES
  • High School: Norman North HS

Lot Info

  • Acres: 0.1900

Rental Info

  • Rent: 675.00

Multi Family

  • Lease: Yes
  • Number Of Units: 2

Tax Info

  • Tax Block: 1
  • Tax Lot: 3

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2022
Sold by
Onyekwelu Chinedum U
Bought by
Loeffler & Ashford Investments
Total Days on Market
5
Current Estimated Value
$221,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$17,146
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$204,187

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 20, 2020
Sold by
Pennington Family Investments Llc
Bought by
Onyekwelu Chinedum U
Seller's Agent
Kyle Davis
Keller Williams Realty Mulinix
Buyer's Agent
Tara Levinson
LRE Realty LLC
List Price
$169,900
Sold Price
$179,900
Premium/Discount to List
$10,000
5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$176,641
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 8, 2020
Sold by
Pennington Family Investments Llc
Bought by
Onyekwelu Chinedum U
Seller's Agent
Kyle Davis
Keller Williams Realty Mulinix
Buyer's Agent
Tara Levinson
LRE Realty LLC
List Price
$169,900
Sold Price
$179,900
Premium/Discount to List
$10,000
5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,641
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2013
Sold by
Bevel Virgil T and Bevel Tom
Bought by
Pennington James N and Pennington Cindy Ak

Purchase Details

Closed on
Feb 27, 2011
Sold by
The Bevel Family Revocable Trust
Bought by
Pennington James N and Pennington Cindy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2010
Sold by
Glascoe Gary R
Bought by
Bevel Virgil T and Bevel Elizabeth A

Purchase Details

Closed on
Apr 12, 2004
Sold by
Dawson Bobbie J Dawson Jarvis C
Bought by
Glascoe Gary R
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
Loeffler & Ashford Investments $178,000 American Eagle
Onyekwelu Chinedum U $270,000 Chicago Title
Onyekwelu Chinedum U $270,000 Chicago Title
Pennington James N -- None Available
Pennington James N $129,500 None Available
Bevel Virgil T $131,000 None Available
Glascoe Gary R $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeffler & Ashford Investments $188,000
Previous Owner Onyekwelu Chinedum U $176,641
Previous Owner Onyekwelu Chinedum U $176,641
Previous Owner The Bevel Family Revocable Trust $98,400
Previous Owner Pennington James N $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $179,900 0.0% $90 / Sq Ft
06/10/2020 06/10/20 Price Changed $179,900 +5.9% $90 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $169,900 -- $85 / 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 $2,537 $21,181 $4,298 $16,883
2023 $2,445 $20,358 $2,400 $17,958
2022 $2,345 $20,358 $2,400 $17,958
2021 $2,472 $20,358 $2,400 $17,958
2020 $1,679 $14,133 $2,400 $11,733
2019 $1,707 $14,133 $2,400 $11,733
2018 $1,656 $14,133 $2,400 $11,733
2017 $1,674 $14,133 $0 $0
2016 $1,702 $14,133 $2,400 $11,733
2015 -- $14,133 $2,400 $11,733
2014 -- $14,133 $2,400 $11,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 913673

MLSOK

APN: R0031804