NOT LISTED FOR SALE

7225 NW 16th St Oklahoma City, OK 73127

Estimated Value: $179,000 - $208,362

6 Beds
2 Baths
2,100 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $175,000 $83 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,193/month

42 Days on Market

Highlights

  • 0.58 Acre Lot
  • Bungalow
  • Carpet
  • Interior Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2023

Two separate homes on one extra large lot. Both homes are included in the sale. Do not disturb tenant in front home. Back unit is vacant and easy to show. Front unit can be seen only after accepted contract. Back unit was leased for $750/ mo. Front unit leased month to month for $600/mo to long term tenant. Selling AS IS. Back unit needs TLC. Both have CH&A. Large lot in Bethany. Back unit has gas range, 3 beds, one bath and appx 1150 square feet. Front unit has appx 956 sqft. Pull to back unit for showings.

Last Agent to Sell the Property

Mike Malone

Realty Experts, Inc Listed on: 08/29/2023

Co-Listed By

Jeana Malone Prater

Realty Experts, Inc

Last Buyer's Agent

Abby Alvarez-Smith

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1948

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 82x301
  • Interior Lot

Home Design

  • Duplex
  • Bungalow
  • Combination Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Additional Parking

Schools

  • Western Oaks Elementary School
  • Western Oaks Middle School
  • Putnam City West High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Bungalow
  • Property Sub Type: Duplex
  • Land Dimensions: 82x301
  • Legal Addition: Unpltd Pt Sec 29 12n 4w
  • Mandatory Association Dues Yn: No
  • Misc Features: Tenant Pays Utils
  • Number3 Br Units: 2
  • Property Level: One
  • School Junior High: Western Oaks MS
  • Stories: 1.0000
  • Third Party Comments: No
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Features: Carpet, Washer/Dryer Hookup
  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 2100

Exterior Features

  • Construction: Frame
  • Foundation: Combination
  • Roof: Heavy Comp

Garage/Parking

  • Parking: Additional, Gravel Drive

Utilities

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

Schools

  • Elementary School: Western Oaks ES
  • High School: Putnam City West HS

Lot Info

  • Acres: 0.5800
  • Land Sq Ft: 25265
  • Lot Description: Interior

Rental Info

  • Rent: 600.00

Multi Family

  • Lease: yes
  • Number Of Units: 2

MLS Schools

  • School District: Putnam City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Dec 8, 2023
Sold by
Arleta Cornelson Revocable Living Trust
Bought by
Quiche Marcotulio F Masariegos and De Leon Adelina
Seller's Agent
Mike Malone
Realty Experts, Inc
Buyer's Agent
Abby Alvarez-Smith
eXp Realty, LLC
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Views
243
Current Estimated Value
$197,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,341
Avg. Annual Appreciation
6.62%
Original Mortgage
$140,000
Outstanding Balance
$138,025
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$58,243
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
Quiche Marcotulio F Masariegos $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiche Marcotulio F Masariegos $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $175,000 -2.2% $83 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $179,000 -- $85 / 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 $1,700 $17,897 $2,583 $15,314
2023 $1,700 $13,814 $1,994 $11,820
2022 $1,481 $13,156 $1,944 $11,212
2021 $1,404 $12,530 $2,583 $9,947
2020 $1,351 $12,096 $2,493 $9,603
2019 $1,281 $11,520 $2,374 $9,146
2018 $1,212 $10,972 $0 $0
2017 $1,161 $10,448 $1,643 $8,805
2016 $1,210 $11,050 $2,244 $8,806
2015 $1,170 $11,051 $2,244 $8,807
2014 $1,088 $10,730 $2,244 $8,486
Source: Public Records

Agents Affiliated with this Home

  • Mike Malone

    Seller's Agent in 2023

    Mike Malone

    Realty Experts, Inc

    (405) 210-0573

    1 in this area

    77 Total Sales

    Mike Malone
    Section Image
  • Jeana Malone Prater

    Seller Co-Listing Agent in 2023

    Jeana Malone Prater

    Realty Experts, Inc

    (405) 613-5053

    2 in this area

    56 Total Sales

    Jeana Malone Prater
    Section Image
  • Abby Alvarez-Smith

    Buyer's Agent in 2023

    Abby Alvarez-Smith

    eXp Realty, LLC

    (405) 905-6222

    6 in this area

    98 Total Sales

    Abby Alvarez-Smith
    Section Image
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Map

Source: MLSOK

MLS Number: 1078145

MLSOK

APN: 173800515

Oklahoma Oklahoma County Oklahoma City 73008

7225 NW 16th St, Oklahoma City, OK

This home is located at 7225 NW 16th St, Oklahoma City, OK 73127 since 29 August 2023 and is currently estimated at $197,341, approximately $93 per square foot. This property was built in 1948. 7225 NW 16th St is a home located in Oklahoma County with nearby schools including Western Oaks Elementary School, Western Oaks Middle School, and Putnam City West High School.

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