$200,000
SOLD OCT 31, 2024
5 Beds
2 Baths
2,374 Sq Ft
0.44 Acres

Recently Sold

$84 Per Sq Ft

2 Days on Market

Highlights

  • 0.44 Acre Lot
  • Contemporary Architecture
  • 1-Story Property
  • Jefferson Elementary School Rated A-
  • Wooded Lot

About This Home

As of November 2024

Assumable loan with a 2.75% rate on balance of 143k.
Rare Opportunity in Prime Norman Location – Two Homes on One Lot! Don’t miss out on this incredible deal! This unique property in the heart of Norman offers two homes on nearly half an acre, providing an exceptional investment or dual-living opportunity. The primary home is just under 1,500 sq. ft. and features 3 bedrooms and 1 baths, offering a comfortable and inviting living space. The second home is a garage apartment, estimated about 800-1,000 sq ft, that includes 2 bedrooms, 1 bath, a living area, a full kitchen, and a utility room—perfect for rental income or extended family accommodations. Located near the OU campus, Norman Regional Hospital, and just minutes from the city’s newest shopping and dining destinations, this property offers convenience and versatility. With ample parking for both homes and situated in a highly sought-after neighborhood, this is a rare find you won’t want to miss. (The square footage of the homes together is an estimate, it’s probably higher.) CASH “AS-IS” OFFERS ONLY due to Central AC Unit not working, small hole in floor, and a few broken windows (or construction loan). Property does have a huge 8 person storm shelter as well.

Last Agent to Sell the Property

Rebecka Dement

Copper Creek Real Estate Listed on: 09/19/2024

Last Buyer's Agent

Sheridan Judd

Keller Williams Central OK ED

Keller Williams Central OK ED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1949

Lot Details

  • 0.44 Acre Lot
  • Wooded Lot

Parking

  • 6 Parking Spaces

Home Design

  • Contemporary Architecture
  • Combination Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2,374 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Jefferson Elementary School
  • Longfellow Middle School
  • Dimensions Academy High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Contemporary
  • Property Sub Type: Other
  • Legal Addition: Gh Colleys 2nd Add
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Longfellow MS
  • Stories: 1.0000
  • Third Party Comments: No
  • Year Built: 1949
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 2374

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Total Parking: 6

Schools

  • Elementary School: Jefferson ES
  • High School: Dimensions Academy

Lot Info

  • Acres: 0.4400
  • Land Sq Ft: 19166
  • Lot Description: Wooded

Multi Family

  • Number Of Units: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 25, 2024
Sold by
Robles Claudia
Bought by
Martinez Jamie L and Martinez David G
Seller's Agent
Rebecka Dement
Copper Creek Real Estate
Buyer's Agent
Sheridan Judd
Keller Williams Central OK ED
List Price
$200,000
Sold Price
$200,000
Views
32
Current Estimated Value
$218,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,981
Avg. Annual Appreciation
9.49%
Original Mortgage
$143,568
Outstanding Balance
$142,893
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$70,205

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 8, 2017
Sold by
Durham Larry D
Bought by
Robles Claudia
Seller's Agent
Otis Himes
Whittington Realty
Buyer's Agent
Robbie Dannehl
KW Summit
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$165,280
Interest Rate
4.32%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- American Security Title
Warranty Deed -- American Security Title
Quit Claim Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,568 New Conventional
Closed $143,568 New Conventional
Previous Owner $153,898 VA
Previous Owner $165,280 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $200,000 0.0% $87 / Sq Ft
10/31/2024 10/31/24 Sold $200,000 0.0% $84 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/21/2024 09/21/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $200,000 0.0% $84 / Sq Ft
09/13/2024 09/13/24 For Sale $200,000 +25.0% $87 / Sq Ft
02/15/2017 02/15/17 Sold $160,000 -8.5% $67 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $174,900 -- $74 / 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 $2,218 $18,527 $3,106 $15,421
2023 $2,119 $17,645 $1,800 $15,845
2022 $2,032 $17,645 $1,800 $15,845
2021 $2,142 $17,645 $1,800 $15,845
2020 $2,096 $17,645 $1,800 $15,845
2019 $2,133 $17,645 $1,800 $15,845
2018 $2,068 $17,645 $1,800 $15,845
2017 $1,402 $17,645 $0 $0
2016 $1,357 $11,267 $1,149 $10,118
2015 $1,253 $10,731 $1,121 $9,610
2014 $1,205 $10,220 $1,067 $9,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1136004

MLSOK

APN: R0022951