NOT LISTED FOR SALE

500 Sinclair Dr Unit 502 Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $266,000 - $290,000

4 Beds
4 Baths
2,312 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $255,000 $110 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,731/month

6 Days on Market

Highlights

  • Central Heating and Cooling System
  • Norman High School Rated A
  • Wood Burning Fireplace

About This Home

As of July 2022

Don’t miss this newly renovated duplex! Turn key investment with tenants already in place! Tenants are paying $975 & $1000 per month with leases until 3/2023 & 5/2023. Each unit features two bedrooms and one bathroom upstairs. Downstairs you will find a conveniently located half bathroom, the spacious living room, kitchen, and space for a washer and dryer. Each unit also has its own yard with privacy fence. The interiors have been completely redone with new texture, paint, flooring (no carpet!), cabinet paint, blinds, and gorgeous new stairs. The exteriors have new siding, paint, light fixtures, rebuilt porch ceilings. Each unit is metered separately with tenants paying their own utilities. Sit back, relax, and enjoy the cash flow!

Last Agent to Sell the Property

Taylor Davis

Brick and Beam Realty Listed on: 06/10/2022

Co-Listed By

Suzy Trimble

Brick and Beam Realty

Last Buyer's Agent

Breann Green

H&W Realty Branch

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,841

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stone

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Kennedy Elementary School
  • Irving Middle School
  • Norman High School

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 7 / 9

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Other
  • Property Sub Type: Duplex
  • Handicap Yn: No
  • Legal Addition: Colonial Estates 8
  • Number2 Br Units: 2
  • Property Level: Two
  • School Junior High: Irving MS
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 1977
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Wood Burning
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Sq Ft: 2312

Exterior Features

  • Construction: Stone
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Asphalt

Utilities

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

Schools

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

Lot Info

  • Acres: 0.1800

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Block: 9
  • Tax Lot: 7

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 25, 2022
Sold by
Autumn Run Apartments Llc
Bought by
Maniago Geoffrey and Obis Maria Cristina
Seller's Agent
Taylor Davis
Brick and Beam Realty
Buyer's Agent
Breann Green
H&W Realty Branch
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Views
9
Current Estimated Value
$278,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,359
Avg. Annual Appreciation
2.54%
Original Mortgage
$161,000
Outstanding Balance
$153,357
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$125,002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maniago Geoffrey $255,000 Lincoln Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maniago Geoffrey $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $255,000 -1.5% $110 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $259,000 -88.1% $112 / Sq Ft
11/15/2017 11/15/17 Sold $2,175,000 -13.0% $37 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $2,500,000 -- $43 / 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 $3,479 $29,045 $4,188 $24,857
2023 $3,322 $27,662 $4,280 $23,382
2022 $1,131 $9,815 $1,800 $8,015
2021 $1,191 $9,815 $1,800 $8,015
2020 $1,165 $9,815 $1,800 $8,015
2019 $1,186 $9,815 $1,800 $8,015
2018 $1,149 $9,815 $1,800 $8,015
2017 $1,163 $9,815 $0 $0
2016 $1,182 $9,815 $1,800 $8,015
Source: Public Records

Agents Affiliated with this Home

  • Taylor Davis

    Seller's Agent in 2022

    Taylor Davis

    Brick and Beam Realty

    (405) 435-5284

    23 in this area

    191 Total Sales

    Taylor Davis
    Section Image
  • Suzy Trimble

    Seller Co-Listing Agent in 2022

    Suzy Trimble

    Brick and Beam Realty

    (405) 413-5709

    23 in this area

    204 Total Sales

    Suzy Trimble
    Section Image
  • Breann Green

    Buyer's Agent in 2022

    Breann Green

    H&W Realty Branch

    (405) 406-3211

    35 in this area

    1,595 Total Sales

    Breann Green
    Section Image
  • Grant Wortman

    Seller's Agent in 2017

    Grant Wortman

    Chamberlain Realty LLC

    (405) 308-7509

    2 in this area

    42 Total Sales

    Grant Wortman
    Section Image
  • Ashley Rogers

    Seller Co-Listing Agent in 2017

    Ashley Rogers

    Heather & Company Realty Group

    (405) 255-3385

    3 in this area

    88 Total Sales

    Ashley Rogers
    Section Image
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Map

Source: MLSOK

MLS Number: 1013273

MLSOK

APN: R0030501

Oklahoma Cleveland County Norman 73071 Southeast Norman

500 Sinclair Dr Unit 502, Norman, OK

Not Listed for Sale

MultiFamily

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