NOT LISTED FOR SALE

407 Chautauqua Ave Unit 12 Norman, OK 73069

University Neighborhood

Estimated Value: $430,000 - $642,000

5 Beds
3 Baths
2,522 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $400,000 $159 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,257/month

159 Days on Market

Highlights

  • The property is located in a historic district
  • Covered patio or porch
  • Bungalow
  • McKinley Elementary School Rated A
  • Interior Lot
  • 3-minute walk to Centennial Park

About This Home

As of March 2023

Unique opportunity to own a campus home plus 2 garage apartments on one of the most coveted campus streets! Just think of the extra income potential! Or, update these apartments and turn into Airbnb's. A family might choose to rent the upper apartment and convert the lower apartment back to a 2 car garage. There are endless possibilities! This location is priceless, with just a short walk to campus corner and to many of the campus restaurants and shopping venues. This listing includes the following: Main House 3-4 bed, 1-1/2 bath, 1384 sf; Upstairs Apartment 1 bed, 1 bath, kitchen, 580 sf; Downstairs Apartment 1 bed, 1 bath, kitchen 558 sf. Due to Sellers living out of state, Property is being sold AS-IS. Inspections are welcome. New exterior Paint! This Property is located in the historical district, so Buyer must follow specific guidelines on improvements. Buyer to verify schools. Title work is started at First American Title in Norman with Janie Murphy.

Last Listed By

Kelly Hames

MK Partners INC Listed on: 08/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • West Facing Home
  • Interior Lot

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,522 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Covered patio or porch
  • The property is located in a historic district
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,712

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Legal Addition: Howes
  • Mandatory Association Dues Yn: No
  • Property Faces: West
  • Property Level: One
  • Roof Year: 2022
  • School Junior High: Alcott MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1930
  • Year Built Type: Historic Area
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Living Areas: 2
  • Total Sq Ft: 2522

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Covered Porch
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

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

Lot Info

  • Acres: 0.1500
  • Land Sq Ft: 6534
  • Lot Description: Campus Area, Interior

Tax Info

  • Tax Block: 1
  • Tax Lot: 4

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Mar 15, 2023
Sold by
Helen Joyce Darks 2001 Revocable Trust
Bought by
Carver Management Llc
Seller's Agent
Kelly Hames
MK Partners INC
Buyer's Agent
Lara White
Modern Abode Realty
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%
Total Days on Market
159
Views
179
Current Estimated Value
$496,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,810
Avg. Annual Appreciation
3.46%
Original Mortgage
$320,000
Outstanding Balance
$268,345
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$163,216

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
Carver Management Llc $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carver Management Llc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $400,000 -9.1% $159 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $440,000 -5.4% $174 / Sq Ft
10/22/2022 10/22/22 Price Changed $465,000 -6.8% $184 / Sq Ft
09/15/2022 09/15/22 Price Changed $499,000 -5.0% $198 / Sq Ft
09/09/2022 09/09/22 For Sale $525,000 0.0% $208 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $525,000 -- $208 / 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 $5,712 $47,694 $15,590 $32,104
2023 $1,542 $12,843 $4,117 $8,726
2022 $1,409 $12,232 $2,362 $9,870
2021 $1,415 $11,649 $2,250 $9,399
2020 $1,317 $11,095 $2,142 $8,953
2019 $1,278 $10,566 $2,040 $8,526
2018 $1,179 $10,064 $1,944 $8,120
2017 $1,135 $21,745 $0 $0
2016 $1,100 $9,128 $1,763 $7,365
2015 -- $8,693 $1,679 $7,014
2014 -- $8,279 $1,599 $6,680
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kelly Hames

    MK Partners INC

    (405) 434-1351

    5 in this area

    96 Total Sales

    Kelly Hames
    Section Image
  • Lara White

    Buyer's Agent in 2023

    Lara White

    Modern Abode Realty

    (205) 393-0723

    2 in this area

    129 Total Sales

    Lara White
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 1026671

MLSOK

APN: R0036269

Oklahoma Cleveland County Norman 73069 University

407 Chautauqua Ave Unit 12, Norman, OK

Homes for Sale in Norman, OK

This home is located at 407 Chautauqua Ave Unit 12, Norman, OK 73069 since 26 August 2022 and is currently estimated at $496,810, approximately $196 per square foot. This property was built in 1930. 407 Chautauqua Ave Unit 12 is a home located in Cleveland County with nearby schools including McKinley Elementary School, Alcott Middle School, and Norman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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