NOT LISTED FOR SALE

401 12th Ave SE Unit 284 Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $66,000 - $70,677

1 Bed
1 Bath
756 Sq Ft
$175/mo HOA Fee

Last Sold September 01, 2023

Last sale price $70,000 $93 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $629/month

4 Days on Market

Highlights

  • Concrete Pool
  • Traditional Architecture
  • Open Patio
  • Norman High School Rated A-
  • Gazebo
  • Zero Lot Line

About This Home

As of September 2023

Welcome to your perfect investment opportunity or ideal affordable residence! This exceptional condo, located in close proximity to OU campus, offers an unbeatable combination of convenience, comfort, and potential. Unit has large rooms and a dedicated dining area. As an investment property, this condo offers incredible potential for student housing. Its prime location near the OU campus ensures a steady stream of prospective tenants, providing a reliable source of rental income. The demand for student housing in this sought-after area is consistently high, making it an ideal choice for investors seeking a lucrative opportunity.

For owner-occupants, this condo offers the perfect blend of comfort and convenience. Enjoy the proximity to campus, allowing for quick and easy access to classes, libraries, and other university amenities. Additionally, the surrounding neighborhood offers a vibrant array of shops, restaurants, and entertainment options, ensuring a lively and fulfilling lifestyle.

Residents of this community have access to two pools and tennis courts, further enhancing the overall living experience.

Don't miss out on this incredible opportunity to own a condo near the OU campus. Whether you're an investor looking to capitalize on the student housing market or an owner-occupant seeking a fantastic location, this property has it all. Schedule a showing today and experience the convenience, comfort, and potential this condo has to offer!

Multiple units available.

Last Agent to Sell the Property

Lauren Durmus

LIME Realty Listed on: 07/17/2023

LIME Realty

Last Buyer's Agent

Misti Serrano

Chamberlain Realty LLC

Chamberlain Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $928

Year Built

  • Built in 1976

Lot Details

  • 2,178

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 756 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Concrete Pool
  • Open Patio
  • Gazebo

Schools

  • Washington Elementary School
  • Irving Middle School
  • Norman High School

Additional Features

  • Zero Lot Line
  • Central Heating and Cooling System

Community Details

  • Association fees include gated entry, maintenance common areas, maintenance exterior, partial utilities, pool
  • Mandatory home owners association

Listing and Financial Details

  • Tax Lot 284

Property Details

Home Type

Condominium

Est. Annual Taxes

$928

Year Built

Built in 1976

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Condominium
  • Association Fee Includes: Gated Entry, Maintenance Common Areas, Maintenance Exterior, Partial Utilities, Pool
  • Dining Areas: 1
  • Legal Addition: Triad 2
  • Mandatory Association Dues Yn: Yes
  • Property Level: Upper * (Condo Only)
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 756

Exterior Features

  • Construction: Brick, Vinyl
  • Pool Type: Concrete
  • Pool: Yes
  • Exterior Features: Gazebo, Open Patio
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Condo/Co-op/Association

  • Association Fee: 2100

Schools

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

Lot Info

  • Acres: 0.0500
  • Land Sq Ft: 2178
  • Lot Description: Zero Lot Line

Tax Info

  • Tax Lot: 284

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 1, 2023
Sold by
Bcm Consulting Llc
Bought by
Heister Andrea
Seller's Agent
Lauren Durmus
LIME Realty
Buyer's Agent
Misti Serrano
Chamberlain Realty LLC
List Price
$70,000
Sold Price
$70,000
Views
16
Current Estimated Value
$68,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,831
Avg. Annual Appreciation
-0.55%

Purchase Details

Closed on
Sep 5, 2003
Sold by
Jlb Properties, Lc
Bought by
Hwang Ziayien
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
Heister Andrea $70,000 Legacy Title Services
Bcm Consulting Llc -- Legacy Title Services
Hwang Ziayien $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Imex Llc $177,325
Previous Owner Imex Inc $157,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $70,000 0.0% $93 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $70,000 -- $93 / 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 $928 $7,740 $527 $7,213
2023 $451 $3,761 $315 $3,446
2022 $414 $3,582 $329 $3,253
2021 $434 $3,582 $329 $3,253
2020 $426 $3,582 $329 $3,253
2016 $432 $3,583 $330 $3,253
Source: Public Records

Agents Affiliated with this Home

  • Lauren Durmus

    Seller's Agent in 2023

    Lauren Durmus

    LIME Realty

    (405) 230-7976

    4 in this area

    76 Total Sales

    Lauren Durmus
    Section Image

  • M

    Buyer's Agent in 2023

    Misti Serrano

    Chamberlain Realty LLC

    (405) 821-1859

    2 in this area

    25 Total Sales

    Misti Serrano
    Section Image
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Map

Source: MLSOK

MLS Number: 1070665

MLSOK

APN: R0046936

Oklahoma Cleveland County Norman 73071 Southeast Norman

401 12th Ave SE Unit 284, Norman, OK

This home is located at 401 12th Ave SE Unit 284, Norman, OK 73071 since 17 July 2023 and is currently estimated at $68,169, approximately $90 per square foot. This property was built in 1976. 401 12th Ave SE Unit 284 is a home located in Cleveland County with nearby schools including Kennedy Elementary School, Irving Middle School, and Norman High School.

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