NOT LISTED FOR SALE

Estimated Value: $771,000 - $889,000

8 Beds
4.5 Baths
3,846 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $687,378 $179 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,422/month

88 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Washer and Dryer
  • McKinley Elementary School Rated A
  • Private Entrance
  • Historic Home

About This Home

As of June 2023

Updated multifamily property just 2 blocks from OU on the corner of Chautauqua and Cruce! The main unit (downstairs) has wood flooring throughout and an updated layout with a master bedroom with an en-suite bath and a study! Quartz countertops in the kitchen with stainless appliances and an open layout between the kitchen and dining area and seating at the kitchen island. 3 secondary bedrooms (4 total) in the main unit, one with its own separate entrance! Additionally, there are Two 2 bedroom, 1 bath units upstairs accessed through the entrance off of Cruce giving this property an amazing potential as an investment property or for additional income! The downstairs unit has a private washer and dryer and the upstairs units share access to a separate laundry room.

Last Agent to Sell the Property

Rob Schaerer

360 Realty Listed on: 02/17/2023

Last Buyer's Agent

Webb Group Real Estate

Keller Williams Realty Mulinix

Keller Williams Realty Mulinix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,910

Year Built

  • Built in 1930

Lot Details

  • 9,148 Sq Ft Lot
  • Private Entrance
  • Historic Home

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 3,846 Sq Ft Home
  • 2-Story Property

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Mckinley Elementary School
  • Alcott Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,910

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Historical
  • Property Sub Type: Triplex
  • Legal Addition: REEDS
  • Mandatory Association Dues Yn: No
  • Property Level: Two
  • School Junior High: Alcott MS
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Features: Laundry, Private Entry, Washer/Dryer Hookup
  • Appliances: Dishwasher, Disposal, Microwave, Washer/Dryer, Water Heater
  • Total Bedrooms: 8
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Sq Ft: 3846

Exterior Features

  • Construction: Aluminum
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Total Parking: 8

Utilities

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

Schools

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

Lot Info

  • Land Sq Ft: 9148

Multi Family

  • Number Of Units: 3

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Jun 23, 2023
Sold by
Nguyen Rentals Llc
Bought by
Morelli Giuseppe
Seller's Agent
Rob Schaerer
360 Realty
Buyer's Agent
Webb Group Real Estate
Keller Williams Realty Mulinix
List Price
$795,000
Sold Price
$687,378
Premium/Discount to List
-$107,622
-13.54%
Views
241
Current Estimated Value
$829,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,402
Avg. Annual Appreciation
9.39%

Purchase Details

Listed on
Oct 1, 2015
Closed on
Nov 20, 2015
Sold by
The Nazarene Student Center For The Univ
Bought by
Nguyen Rentals Llc
Seller's Agent
Kathy Martin
Buyer's Agent
Rob Schaerer
360 Realty
List Price
$510,000
Sold Price
$424,500
Premium/Discount to List
-$85,500
-16.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Church Of The Nazarene Foundation
Bought by
The Nazarene Student Center For The Univ

Purchase Details

Closed on
Aug 1, 2006
Sold by
Gdt Cg1 Llc
Bought by
Church Of The Nazarene Foundation

Purchase Details

Closed on
Apr 4, 2005
Sold by
The Nazarene Student Center For The Univ
Bought by
Gdt Cgi Llc
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
Morelli Giuseppe $687,500 Lincoln Title
Nguyen Rentals Llc $424,500 Fatco
The Nazarene Student Center For The Univ -- None Available
Church Of The Nazarene Foundation -- None Available
Gdt Cgi Llc $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazarene Student Center $15,000
Previous Owner The Nazarene Student Center $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $687,378 -8.3% $179 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $750,000 -5.7% $195 / Sq Ft
02/17/2023 02/17/23 For Sale $795,000 +87.3% $207 / Sq Ft
11/20/2015 11/20/15 Sold $424,500 -16.8% $110 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $510,000 -- $133 / 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 $9,910 $82,740 $9,431 $73,309
2023 $5,628 $46,868 $2,400 $44,468
2022 $5,397 $46,868 $2,400 $44,468
2021 $5,689 $46,868 $2,400 $44,468
2020 $5,567 $46,868 $2,400 $44,468
2019 $5,662 $46,868 $2,400 $44,468
2018 $5,491 $46,868 $2,400 $44,468
2017 $5,552 $46,868 $0 $0
2016 $5,644 $46,868 $2,400 $44,468
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1048572

MLSOK

APN: R0023190