NOT LISTED FOR SALE

Estimated Value: $459,000 - $519,000

5 Beds
2.5 Baths
2,717 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $340,000 $125 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,952/month

2 Days on Market

Highlights

  • 0.55 Acre Lot
  • Midcentury Modern Architecture
  • Porch
  • McKinley Elementary School Rated A
  • Game Room
  • Interior Lot

About This Home

As of January 2021

RARE FIND! One owner contemporary home designed, built and occupied by Robert E. Busch and family, a longtime Norman builder. Located on the much sought after Walnut Road, this structure has commercial qualities including 7 ft. footings, double brick walls, commercial roof, massive wood beam supports and walnut paneling. Lot adjoins the community park with large pool that buyer may buy into. Property is dated, but oh, what possibilities exist in this residential fortress! The original fixtures are a must see!

Last Agent to Sell the Property

Warren Taber

Old Town, REALTORS Listed on: 11/12/2020

Last Buyer's Agent

Joanna Blackwell

Nine North Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot
  • Interior Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Brick Frame

Interior Spaces

  • 2,717 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Fireplace Features Masonry
  • Library
  • Game Room
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Mckinley Elementary School
  • Alcott Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include pool

Listing and Financial Details

  • Legal Lot and Block 13 / 1

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Mid Century
  • Property Sub Type: Single Family
  • Association Fee Includes: Pool
  • Legal Addition: Lakewood Park
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Alcott MS
  • Special Zoning District Yn: No
  • Storm Shelter: Safe Room
  • Third Party Comments: No
  • Year Built: 1960
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo
  • Fireplace Description: Masonry
  • Interior Amenities: Combo Woodwork, Stained Wood
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Game Room, Library
  • Total Sq Ft: 2717

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Open Patio, Porch
  • Foundation: Slab
  • Roof: Other

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Carport
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Public Utilities

Condo/Co-op/Association

  • Association Fee: 600

Schools

  • Elementary School: Mckinley ES
  • High School: Norman HS

Lot Info

  • Acres: 0.5500
  • Land Sq Ft: 23958
  • Lot Description: Interior

Tax Info

  • Tax Block: 1
  • Tax Lot: 13

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 22, 2021
Sold by
Christine C Busch Living Trust
Bought by
Richter John W
Seller's Agent
Warren Taber
Old Town, REALTORS
Buyer's Agent
Joanna Blackwell
Nine North Real Estate
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$481,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,985
Avg. Annual Appreciation
7.24%
Original Mortgage
$352,240
Outstanding Balance
$313,764
Interest Rate
2.6%
Mortgage Type
VA
Estimated Equity
$168,221

Purchase Details

Closed on
Feb 5, 2014
Sold by
Busch Robert E and Busch Christine
Bought by
Christine C Busch Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richter John W $340,000 Cleveland Cnty Abstract & Tt
Christine C Busch Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richter John W $352,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $340,000 0.0% $125 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $340,000 -- $125 / 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 $4,872 $41,676 $9,370 $32,306
2023 $4,738 $40,462 $10,975 $29,487
2022 $4,523 $39,283 $4,200 $35,083
2021 $2,978 $25,532 $4,200 $21,332
2020 $2,914 $25,532 $4,200 $21,332
2019 $2,964 $25,532 $4,200 $21,332
2018 $2,875 $25,533 $4,200 $21,333
2017 $2,906 $25,533 $0 $0
2016 $2,954 $25,533 $4,200 $21,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 935225

MLSOK

APN: R0037582