NOT LISTED FOR SALE

322 Reed Ave Norman, OK 73071

Original Townsite Neighborhood

Estimated Value: $82,000 - $101,000

2 Beds
1 Bath
561 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $65,000 $116 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $562/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Interior Lot
  • 1-Story Property
  • Jefferson Elementary School Rated A-
  • Open Patio
  • Central Heating

About This Home

As of November 2021

Great investment property. New roof 2021. If you are looking for an income producing opportunity this is the one. 2 bed one bath with open floor plan. Nice big backyard.

Last Agent to Sell the Property

Barrett Huffmyer

Salt Real Estate Inc Listed on: 10/07/2021

Salt Real Estate Inc

Last Buyer's Agent

William Austin

Capital Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot

Parking

  • 2 Car Garage
  • Carport
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 561 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Range
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 014 / 002

Home Details

Home Type

Single Family

Est. Annual Taxes

$695

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Handicap Yn: No
  • Inlaw Plan Yn: No
  • Legal Addition: Ruckers 1
  • Mandatory Association Dues Yn: No
  • Oven Energy: Electric
  • Property Faces: East
  • Property Level: One
  • Range Energy: Electric
  • Roof Year: 2021
  • School Junior High: Longfellow MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1940
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo, Carpet, Laminate
  • Fireplace Description: None
  • Appliances: Washer/Dryer
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 561

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Open Patio
  • Fence: Wood, Part
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat System: Central Gas

Schools

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

Lot Info

  • Acres: 0.0800
  • Land Sq Ft: 3485
  • Lot Description: Interior

Tax Info

  • Tax Block: 002
  • Tax Lot: 014

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Ckc Holdings Llc
Bought by
322 Reed Avenue Series and Weston Family Holdings Llc
Current Estimated Value
$92,037

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 1, 2021
Sold by
Better Futures Llc
Bought by
Ckc Holdings Llc
Seller's Agent
Barrett Huffmyer
Salt Real Estate Inc
Buyer's Agent
William Austin
Capital Real Estate LLC
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$93,500
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2017
Sold by
Panah Setarehy
Bought by
Better Futures Llc

Purchase Details

Closed on
Jul 14, 2014
Sold by
Hasran Sedigheh
Bought by
Panah Setrareh

Purchase Details

Closed on
Apr 28, 2014
Sold by
Fannie Mae
Bought by
Hasiran Sedigheh

Purchase Details

Closed on
Feb 24, 2014
Sold by
Hall Doris M and Bokf N A
Bought by
Federal National Mortgage Association
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
322 Reed Avenue Series -- None Listed On Document
Ckc Holdings Llc $65,000 Near Escrow And Title
Better Futures Llc $50,000 Old Republic Title
Panah Setrareh -- The Oklahoma City Abstract &
Hasiran Sedigheh $17,500 The Oklahoma City Abstract &
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ckc Holdings Llc $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $65,000 -13.3% $116 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $75,000 -- $134 / 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 $695 $5,800 $2,346 $3,454
2023 $663 $5,524 $1,350 $4,174
2022 $636 $5,524 $1,350 $4,174
2021 $670 $5,524 $1,350 $4,174
2020 $656 $5,524 $1,350 $4,174
2019 $667 $5,524 $1,350 $4,174
2018 $647 $5,525 $1,350 $4,175
2017 $346 $2,920 $0 $0
2016 $351 $2,920 $1,350 $1,570
2015 $342 $2,928 $450 $2,478
2014 $112 $1,950 $300 $1,650
Source: Public Records

Agents Affiliated with this Home

  • Barrett Huffmyer

    Seller's Agent in 2021

    Barrett Huffmyer

    Salt Real Estate Inc

    (039) 592-3317

    1 in this area

    140 Total Sales

    Section Image
  • William Austin

    Buyer's Agent in 2021

    William Austin

    Capital Real Estate LLC

    (405) 464-5719

    1 in this area

    32 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 979748

MLSOK

APN: R0043632

Oklahoma Cleveland County Norman 73071 Original Townsite

322 Reed Ave, Norman, OK

This home is located at 322 Reed Ave, Norman, OK 73071 since 07 October 2021 and is currently estimated at $93,443, approximately $166 per square foot. This property was built in 1940. 322 Reed Ave is a home located in Cleveland County with nearby schools including Jefferson Elementary School, Longfellow Middle School, and Norman North High School.

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