NOT LISTED FOR SALE

701 NW 40th St Oklahoma City, OK 73118

Crown Heights-Edgemere Heights Neighborhood

Estimated Value: $639,000 - $798,000

4 Beds
3 Baths
2,920 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $475,000 $163 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,626/month

67 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Wood Flooring
  • The property is located in a historic district
  • Wooded Lot
  • Tudor Architecture

About This Home

As of September 2019

Crown Heights... Need I say more? This luxurious 4-bedroom, 3 Bath home is nestled right in the center of one of Oklahoma City's most desired historical neighborhoods. This rare find has been tastefully renovated/updated featuring HIGH END & TIMELESS finishes. Each update has been thoughtfully designed blending a sophisticated modern touch to compliment the historical charm that fills every room in this home. A spacious backyard flaunts a saltwater pool that will surely help beat the heat this summer! The backyard is beautifully enclosed to provide full privacy, perfect for entertaining guests or just catching some rays in the middle of the day!
This Urban Oasis is located only a couple blocks away from a wide variety of entertainment and fine dining venues on Western Avenue. Only minutes from Downtown OKC! Seller is motivated. Put in your offer today!

"Historic" doesn't have to mean "outdated" ! This beautiful home is absolutely MOVE-IN READY!

Last Agent to Sell the Property

Hai Nguyen

Luxury Real Estate Listed on: 06/16/2019

Last Buyer's Agent

Hai Nguyen

Luxury Real Estate Listed on: 06/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,641

Year Built

  • Built in 1936

Lot Details

  • 8,834 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Interior Lot
  • Sprinkler System
  • Wooded Lot
  • Historic Home

Parking

  • 2 Car Garage
  • Carport
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Utility Room with Study Area
  • Laundry Room
  • Inside Utility
  • Basement

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Pool
  • Deck
  • Open Patio
  • Porch

Location

  • The property is located in a historic district

Schools

  • Edgemere Elementary School
  • Douglass Middle School
  • Douglass High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,641

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Historical, Old English/Tudor
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: Crown Heights Add
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Security System, Smoke Alarm, Underground Sprinkler
  • Oven Energy: Electric
  • Property Faces: South
  • Property Level: Two
  • Range Energy: Gas
  • School Junior High: Douglass MS
  • Special Zoning District Yn: No
  • Storm Shelter: No, Other
  • Third Party Comments: Yes
  • Year Built: 1936
  • Year Built Type: Historic Area
  • Special Features: None

Interior Features

  • Floors: Tile, Wood
  • Fireplace Description: Wood Burning
  • Appliances: Dishwasher, Disposal, Water Heater
  • Interior Amenities: Ceiling Fan, Laundry Room, Paint Woodwork
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Living Areas: 3
  • Other Rooms: Basement, Inside Utility, Study
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2920

Exterior Features

  • Construction: Brick & Frame
  • Pool Type: Concrete
  • Pool: Yes
  • Exterior Features: Open Deck, Open Patio, Porch
  • Fence: Wood, All
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Carport
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Cable, Electric, Gas, Public Utilities

Schools

  • Elementary School: Edgemere ES
  • High School: Douglass HS

Lot Info

  • Acres: 0.2028
  • Land Sq Ft: 8834
  • Lot Description: Interior, Wooded

Tax Info

  • Tax Block: 14
  • Tax Lot: 27

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2019
Closed on
Sep 18, 2019
Sold by
Nguyen Hien C
Bought by
Boerner Brian J and Hsieh Sharon
Seller's Agent
Hai Nguyen
Luxury Real Estate
Buyer's Agent
Hai Nguyen
Luxury Real Estate
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$733,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,383
Avg. Annual Appreciation
7.61%
Original Mortgage
$380,000
Outstanding Balance
$333,632
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$399,751

Purchase Details

Listed on
Jan 25, 2016
Closed on
Aug 31, 2016
Sold by
Frank Bannister Family Partners Lp
Bought by
Nguyen Hieu C
Seller's Agent
Wendy Chong
RE/MAX Preferred
Buyer's Agent
Emily Werth
Kevo Properties
List Price
$469,000
Sold Price
$438,000
Premium/Discount to List
-$31,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$416,100
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2013
Sold by
Thompson Susan H and Susan H Thompson Revocable Tru
Bought by
Frank Bannister Family Partners Lp

Purchase Details

Closed on
Jul 16, 2013
Sold by
Thompson Susan Hemry and Thompson Bill
Bought by
Thompson Susan H and Susan H Thompson Revocable Tru

Purchase Details

Closed on
Dec 2, 2005
Sold by
Bannister Frank and Bannister Kelli
Bought by
Thompson Susan Hemry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,800
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2003
Sold by
Thompson James Matthew and Thompson Claire Nicholas
Bought by
Bannister Frank
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
Boerner Brian J $475,000 Smith Title & Closing Llc
Nguyen Hieu C $438,000 American Eagle Title Group
Frank Bannister Family Partners Lp $443,000 Capitol Abs & Title Co
Thompson Susan H -- None Available
Thompson Susan Hemry $368,500 Trustmark Title
Bannister Frank $363,000 American Guaranty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boerner Brian J $380,000
Previous Owner Nguyen Hieu C $416,100
Previous Owner Frank Bannister Family Partners Lp $250,000
Previous Owner Thompson Susan Hemry $294,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $475,000 -5.0% $163 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $499,995 -4.8% $171 / Sq Ft
06/16/2019 06/16/19 For Sale $525,000 +19.9% $180 / Sq Ft
09/30/2016 09/30/16 Sold $438,000 -6.6% $150 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $469,000 -- $161 / 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 $7,641 $65,324 $9,933 $55,391
2023 $7,641 $62,213 $9,526 $52,687
2022 $6,970 $59,251 $9,021 $50,230
2021 $6,642 $56,430 $10,408 $46,022
2020 $6,654 $55,880 $10,408 $45,472
2019 $6,453 $54,227 $7,741 $46,486
2018 $5,745 $51,645 $0 $0
2017 $5,728 $51,534 $8,299 $43,235
2016 $5,821 $51,314 $8,299 $43,015
2015 $5,803 $50,678 $7,335 $43,343
2014 $5,769 $50,678 $7,335 $43,343
Source: Public Records

Agents Affiliated with this Home

  • Hai Nguyen

    Seller's Agent in 2019

    Hai Nguyen

    Luxury Real Estate

    (405) 208-0284

    37 Total Sales

    Hai Nguyen
    Section Image
  • Wendy Chong

    Seller's Agent in 2016

    Wendy Chong

    RE/MAX

    (405) 209-3880

    29 in this area

    169 Total Sales

    Wendy Chong
    Section Image

  • E

    Buyer's Agent in 2016

    Emily Werth

    Kevo Properties

See All Agents

Map

Source: MLSOK

MLS Number: 871187

MLSOK

APN: 049486620

Oklahoma Oklahoma County Oklahoma City 73118 Crown Heights-Edgemere Heights

701 NW 40th St, Oklahoma City, OK

This home is located at 701 NW 40th St, Oklahoma City, OK 73118 since 16 June 2019 and is currently estimated at $733,383, approximately $251 per square foot. This property was built in 1936. 701 NW 40th St is a home located in Oklahoma County with nearby schools including Wilson Elementary School, F.D. Moon Middle School, and Douglass High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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