623 W Acres St Norman, OK 73069
Westwood Park NeighborhoodEstimated payment $1,408/month
Highlights
- 623 Acre Lot
- Traditional Architecture
- Central Heating
- Whittier Middle School Rated A-
- Interior Lot
- 1-Story Property
About This Home
Excellent investment property! Or live in one unit and rent out the other two! Excellent cash flow. Two one-bedroom apartments and one studio apartment. Roof replaced in 2023. Windows replaced in 2024. Low maintenance units in good condition. Vinyl siding exterior. Units are easy to rent and have high lease retention. Property is in a desirable part of town, close to shopping and other amenities. Gross Annual income $ 24240. Owner pays for utilities. 2024 utilities bill $ 4030. Property tax $ 573. Property insurance $ 1524. A steady income generating investment. Please do not disturb tenants. Units will be shown after executed contract and Buyer to perform due diligence then. Property to be sold "As Is".
Owner-agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $573
Year Built
- Built in 1945
Lot Details
- 623 Acre Lot
- Interior Lot
Home Design
- Triplex
- Traditional Architecture
- Frame Construction
- Composition Roof
Interior Spaces
- 1,056 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Adams Elementary School
- Whittier Middle School
- Norman North High School
Utilities
- Window Unit Cooling System
- Central Heating
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 1 / 1
Map
Home Values in the Area
Average Home Value in this Area
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 | $573 | $4,789 | $1,597 | $3,192 |
2023 | $548 | $4,561 | $1,065 | $3,496 |
2022 | $525 | $4,561 | $1,065 | $3,496 |
2021 | $553 | $4,561 | $1,065 | $3,496 |
2020 | $542 | $4,561 | $1,065 | $3,496 |
2019 | $550 | $4,561 | $1,065 | $3,496 |
2018 | $535 | $4,562 | $1,066 | $3,496 |
2017 | $541 | $4,562 | $0 | $0 |
2016 | $549 | $4,562 | $1,066 | $3,496 |
2015 | -- | $4,562 | $1,066 | $3,496 |
2014 | -- | $4,562 | $1,066 | $3,496 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/03/2025 08/03/25 | For Sale | $250,000 | +331.0% | $237 / Sq Ft |
11/14/2012 11/14/12 | Sold | $58,000 | -10.6% | $55 / Sq Ft |
10/10/2012 10/10/12 | Pending | -- | -- | -- |
09/05/2012 09/05/12 | For Sale | $64,900 | -- | $61 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Listed On Document | |
Warranty Deed | -- | None Listed On Document | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available | |
Warranty Deed | $29,000 | None Available | |
Personal Reps Deed | $29,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $52,000 | Commercial | |
Closed | $52,000 | New Conventional | |
Previous Owner | $51,200 | No Value Available | |
Previous Owner | $45,673 | Future Advance Clause Open End Mortgage | |
Previous Owner | $20,426 | Future Advance Clause Open End Mortgage |
Source: MLSOK
MLS Number: 1183066

APN: R0051709
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