NOT LISTED FOR SALE

506 E Lockheed Dr Oklahoma City, OK 73110

Estimated Value: $108,000 - $145,000

3 Beds
1 Bath
1,110 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $97,000 $87 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $740/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Interior Lot
  • Central Heating and Cooling System
  • 5 Car Attached Garage
  • 1-Story Property
  • 4-minute walk to W.P. Bill Atkinson Park

About This Home

As of December 2023

This is a three-bed, one-bath house in the remodeling phase; square footage does not reflect the additional sun area to the front of the home, catching plenty of natural sunlight.

If you have an open mind and a creative eye, this could be a great fixer-upper home. It is located adjacent to and within the Midwest City Town Center, home to multiple boutiques and restaurants all within walking distance.

Last Agent to Sell the Property

Elizabeth Smith

Whittington Realty Listed on: 11/03/2023

Whittington Realty

Last Buyer's Agent

Palmer Ferris

Block One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1943

Lot Details

  • 7,649 Sq Ft Lot
  • South Facing Home
  • Interior Lot

Parking

  • 5 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Midwest City Elementary School
  • Midwest City Middle School
  • Midwest City High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 15 / 33

Home Details

Home Type

Single Family

Est. Annual Taxes

$937

Year Built

Built in 1943

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Legal Addition: Atkinson Heights Add
  • Mandatory Association Dues Yn: No
  • Property Faces: South
  • Property Level: One
  • School Junior High: Midwest City MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 1110

Exterior Features

  • Construction: Vinyl
  • Pool: No
  • Exterior Features: None
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 5
  • Garage Description: Attached

Utilities

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

Schools

  • Elementary School: Midwest City ES
  • High School: Midwest City HS

Lot Info

  • Acres: 0.1756
  • Land Sq Ft: 7649
  • Lot Description: Interior

Tax Info

  • Tax Block: 33
  • Tax Lot: 15

MLS Schools

  • School District: Midwest City/Del City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 21, 2023
Sold by
Frayer Teresa R
Bought by
Bms Homes Llc
Seller's Agent
Elizabeth Smith
Whittington Realty
Buyer's Agent
Palmer Ferris
Block One Real Estate
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Views
115
Current Estimated Value
$126,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,577
Avg. Annual Appreciation
15.38%
Original Mortgage
$120,000
Interest Rate
1.2%
Mortgage Type
New Conventional
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
Bms Homes Llc $97,000 Legacy Title Of Oklahoma
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bms Homes Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $97,000 -6.7% $87 / Sq Ft
11/26/2023 11/26/23 Price Changed $104,000 -4.6% $94 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/19/2023 11/19/23 Price Changed $109,000 -4.4% $98 / Sq Ft
11/13/2023 11/13/23 Price Changed $114,000 -4.2% $103 / Sq Ft
11/05/2023 11/05/23 Price Changed $119,000 +8.2% $107 / Sq Ft
11/03/2023 11/03/23 For Sale $110,000 -- $99 / 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 $937 $11,660 $2,230 $9,430
2023 $937 $7,957 $1,164 $6,793
2022 $884 $7,578 $1,215 $6,363
2021 $862 $7,218 $1,361 $5,857
2020 $844 $6,875 $1,472 $5,403
2019 $834 $7,095 $1,380 $5,715
2018 $769 $6,974 $0 $0
2017 $743 $6,641 $1,354 $5,287
2016 $728 $6,325 $1,311 $5,014
2015 $722 $6,024 $1,216 $4,808
2014 $687 $5,738 $1,234 $4,504
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Elizabeth Smith

    Whittington Realty

    (405) 638-8180

    1 in this area

    4 Total Sales

    Elizabeth Smith
    Section Image
  • Palmer Ferris

    Buyer's Agent in 2023

    Palmer Ferris

    Block One Real Estate

    (405) 503-4747

    12 in this area

    175 Total Sales

    Palmer Ferris
    Section Image
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Map

Source: MLSOK

MLS Number: 1087244

MLSOK

APN: 150148655

Oklahoma Oklahoma County Oklahoma City 73110

506 E Lockheed Dr, Oklahoma City, OK

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