NOT LISTED FOR SALE

311 S Berry Rd Norman, OK 73069

Southwest Norman Neighborhood

Estimated Value: $153,000 - $188,000

2 Beds
2 Baths
1,152 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $124,000 $108 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,111/month

52 Days on Market

About This Home

As of December 2020

Location, Location, Location! 2 story duplex. Both units are one bedroom one bath approx. 576sqft. Both units are currently leased so must allow ample notice for showings. Each unit has it's own electric meter and gas meter. They share a water meter. Zoned R-1 but has always been operated as a duplex. Buyer can get with city to have zoning changed to Multi-family if desired. This is a terrific investment opportunity at a very affordable price. Keep it as a money maker or build. Seller has priced it to sell as-is at this price. Lease terms available upon request.

Last Agent to Sell the Property

Brian Eddins

Dillard Cies Real Estate Listed on: 09/29/2020

Dillard Cies Real Estate

Last Buyer's Agent

Grady Carter

Keller Williams Realty Mulinix

Keller Williams Realty Mulinix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1950

Lot Details

  • 6,970

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • 6,970 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,854

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Duplex
  • Senior Community: No
  • Handicap Yn: No
  • Legal Addition: Locketts First
  • Mandatory Association Dues Yn: No
  • Number1 Br Units: 2
  • Packet Available Yn: No
  • Property Level: Two
  • School Junior High: Alcott MS
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 1950
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1152

Exterior Features

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

Utilities

  • Cooling System: Window Unit
  • Heat System: Other

Schools

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

Lot Info

  • Acres: 0.1600
  • Land Sq Ft: 6970

Multi Family

  • Number Of Units: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 31, 2020
Sold by
Ab & Associates Llc
Bought by
Jklm Investments Llc
Seller's Agent
Brian Eddins
Dillard Cies Real Estate
Buyer's Agent
Grady Carter
Keller Williams Realty Mulinix
List Price
$150,000
Sold Price
$124,000
Premium/Discount to List
-$26,000
-17.33%
Current Estimated Value
$175,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,575
Avg. Annual Appreciation
7.60%
Original Mortgage
$101,817
Outstanding Balance
$91,892
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$82,289

Purchase Details

Closed on
Oct 17, 2011
Sold by
Marriott Robert E and Marriott Rebecca M
Bought by
Ab & Associates 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
Jklm Investments Llc $124,000 First American Title
Ab & Associates Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jklm Investments Llc $101,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $124,000 -17.3% $108 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $150,000 -- $130 / 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 $1,854 $15,484 $3,902 $11,582
2023 $1,771 $14,747 $3,585 $11,162
2022 $1,617 $14,045 $3,414 $10,631
2021 $1,624 $13,376 $3,600 $9,776
2020 $990 $8,331 $2,269 $6,062
2019 $959 $7,934 $2,269 $7,934
2018 $910 $7,776 $1,746 $6,030
2017 $921 $7,776 $0 $0
2016 $936 $7,776 $1,746 $6,030
2015 -- $7,776 $1,746 $6,030
2014 -- $7,776 $1,746 $6,030
Source: Public Records

Agents Affiliated with this Home

  • Brian Eddins

    Seller's Agent in 2020

    Brian Eddins

    Dillard Cies Real Estate

    (405) 887-7000

    31 in this area

    170 Total Sales

    Section Image
  • Grady Carter

    Buyer's Agent in 2020

    Grady Carter

    Keller Williams Realty Mulinix

    (405) 474-2905

    16 in this area

    199 Total Sales

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Map

Source: MLSOK

MLS Number: 929995

MLSOK

APN: R0038291

Oklahoma Cleveland County Norman 73069 Southwest Norman

311 S Berry Rd, Norman, OK

This home is located at 311 S Berry Rd, Norman, OK 73069 since 29 September 2020 and is currently estimated at $174,010, approximately $151 per square foot. This property was built in 1950. 311 S Berry Rd is a home located in Cleveland County with nearby schools including McKinley Elementary School, Alcott Middle School, and Norman High School.

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