NOT LISTED FOR SALE

422 Elm Ave Norman, OK 73069

University Neighborhood

Estimated Value: $427,458

8 Beds
4 Baths
2,335 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $272,000 $116 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,815/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Home Security System
  • Carpet
  • McKinley Elementary School Rated A
  • Central Heating and Cooling System
  • 2-minute walk to Centennial Park

About This Home

As of September 2018

Perfect investor opportunity can be packaged with 3 separate houses on one property total of 7 units MLS828200. Value of property is in location on great street with nice neighboring properties. Unit #1 is 3bed 1bath with washer/dryer hook ups. Unit #2 mirrors the first unit but on second story. Unit #3 is an efficiently unit with side entry and built on the back of the structure. Unit #4 is a detached converted efficiency unit. Home built on a basement.

Last Listed By

Delton Yoder

Brick and Beam Realty Listed on: 07/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1925

Lot Details

  • 6,875 Sq Ft Lot
  • Back Yard

Home Design

  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Home Security System
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $2,375
  • Security Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,063

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Fourplex
  • Handicap Yn: No
  • Legal Addition: Lincoln
  • Mandatory Association Dues Yn: No
  • Misc Features: Gas Water Heater, Security Lighting, Security System, Separate Meters
  • Number3 Br Units: 2
  • Property Level: Two
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 1925
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Security, Carpet, Yard, Washer/Dryer Hookup
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 2335

Exterior Features

  • Construction: Frame
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Total Parking: 4
  • Parking: Concrete Drive

Utilities

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

Lot Info

  • Acres: 0.1600
  • Land Sq Ft: 6875

Multi Family

  • Number Efficiency Units: 2
  • Number Of Units: 4

Tax Info

  • Tax Block: 1
  • Tax Lot: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 19, 2018
Sold by
Dilks Richard L and Dilks Mary Le
Bought by
Owens Ryan and Owens Annie
Seller's Agent
Delton Yoder
Brick and Beam Realty
Buyer's Agent
Stephanie Matthews
McGraw Davisson Stewart LLC
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%
Total Days on Market
30
Current Estimated Value
$427,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,458
Avg. Annual Appreciation
6.34%
Original Mortgage
$267,073
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2013
Sold by
Dilks Larry J
Bought by
Dilks Richard L

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Norman, OK

  • 810 Classen Blvd, Norman, OK 73071

    $450,000

    • 7 Beds
    • 6.5 Baths
    • 3,845 Sq Ft
    • 810 Classen Blvd
    • Norman, OK

    This is 6 units (2 buildings) within 1/2 mile to The University of Oklahoma campus and listed for under $120psf! Rare opportunity to buy a small multi family property this close to OU. There are upside in rents, renovate and raise rents even more and annual appreciation.

    Richard Jennings Richard Jennings Real Estate

    Section Image
  • 627 W Acres St, Norman, OK 73069

    $325,000

    • 6 Beds
    • 5 Baths
    • 2,892 Sq Ft
    • 627 W Acres St
    • Norman, OK

    Fantastic investment opportunity 1 mile from campus in Norman. 5 units total, 2 are currently rented. 3 of 5 units have been recently renovated, and the property has a new roof as of August 2024. Nice backyard area with storage. Amazing cashflow potential with a little renovation and updating. Properties like this don't come along often- check it out today!

    Lauren Durmus LIME Realty

    Section Image
  • 315 E Acres St Unit 1-3, Norman, OK 73069

    $479,000

    • 7 Beds
    • 6 Baths
    • 3,380 Sq Ft
    • 315 E Acres St
    • Unit 1-3
    • Norman, OK

    Spacious Triplex in Norman, OK – Excellent Investment Opportunity!This well-maintained triplex, built in 2009, offers a spacious layout designed for comfort and convenience. Each unit features durable all-tile flooring, an interior washer and dryer, and a new roof installed in 2022 for added peace of mind.Ample parking is available with two concrete parking spots per unit,

    Erin Schornick Copper Creek Real Estate

    Section Image
  • 2108 Barton St Unit 2110, Norman, OK 73072

    $439,000

    • 6 Beds
    • 4 Baths
    • 3,262 Sq Ft
    • 2108 Barton St
    • Unit 2110
    • Norman, OK

    Super Great Investment Opportunity – BOTH SIDES of a Duplex Near OU (2.6 miles to centrally located football stadium) & Shopping! This duplex is a fantastic opportunity for investors or anyone looking to live on one side and rent out the other for additional income. Located just minutes from the University of Oklahoma, this property is perfectly positioned for steady rental demand. Plus, with

    Randi Yocham Metro Connect Real Estate

    Section Image
  • 125 N Creekdale Dr Unit 127, Norman, OK 73072

    $325,000

    • 6 Beds
    • 4 Baths
    • 2,618 Sq Ft
    • 125 N Creekdale Dr
    • Unit 127
    • Norman, OK

    Fully Remodeled Duplex with Private Yards & Garages – Ideal for Investors or House Hackers!This stunning, fully updated duplex is the investment opportunity you’ve been waiting for! Each side has been thoughtfully remodeled from top to bottom, offering modern finishes, spacious layouts, and the comfort of private fenced-in backyards—perfect for relaxing, entertaining, or letting pets roam free.

    Taylor Embery Stephens Real Estate

    Section Image
  • 3821 Quail Run Cir Unit 3823, Norman, OK 73072

    $394,999

    • 6 Beds
    • 4 Baths
    • 3,318 Sq Ft
    • 3821 Quail Run Cir
    • Unit 3823
    • Norman, OK

    Don’t miss this incredible duplex in West Norman, perfect for investors looking to expand their portfolio! Each side features 3 bedrooms and 2 bathrooms, offering spacious and modern living. Recent updates include new tile flooring, fresh paint, and a beautifully remodeled interior, making this property move-in ready.Enjoy the convenience of a 2-car garage and good-sized backyards for outdoor

    Ryan Venk Heather & Company Realty Group

    Section Image
See All Homes in Norman

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
Owens Ryan $272,000 Firstitle & Abstract Svcs Ll
Dilks Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Ryan $270,000
Closed Owens Ryan $267,073
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Sold $272,000 -1.1% $116 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $275,000 -- $118 / 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 $5,063 $42,269 $9,096 $33,173
2023 $4,834 $40,256 $10,764 $29,492
2022 $4,414 $38,339 $10,251 $28,088
2021 $4,432 $36,513 $4,200 $32,313
2020 $3,718 $31,288 $4,200 $27,088
2019 $3,780 $31,288 $4,200 $27,088
2018 $1,055 $9,009 $1,933 $7,076
2017 $1,017 $19,571 $0 $0
2016 $984 $8,172 $1,754 $6,418
2015 -- $7,782 $1,670 $6,112
2014 -- $7,412 $1,591 $5,821
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Delton Yoder

    Brick and Beam Realty

    (405) 650-5798

    1 in this area

    73 Total Sales

    Delton Yoder
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Cheryl Snelson

    Keller Williams Realty Mulinix

  • Stephanie Matthews

    Buyer's Agent in 2018

    Stephanie Matthews

    McGraw Davisson Stewart LLC

    (405) 370-7309

    62 Total Sales

    Stephanie Matthews
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 828191

MLSOK

APN: R0038136

Oklahoma Cleveland County Norman 73069 University

422 Elm Ave, Norman, OK

Homes for Sale in Norman, OK

This home is located at 422 Elm Ave, Norman, OK 73069 since 13 July 2018 and is currently estimated at $427,458, approximately $183 per square foot. This property was built in 1925. 422 Elm Ave 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.

MLSOK IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market.
Copyright 2025 MLSOK, Inc. All rights reserved.

Nearby Homes