NOT LISTED FOR SALE

7304 Nichols Rd Nichols Hills, OK 73120

Estimated Value: $2,378,295 - $2,722,000

4 Beds
8 Baths
7,167 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $2,175,000 $303 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,329/month

Highlights

  • Cabana
  • 1.4 Acre Lot
  • Traditional Architecture
  • Commercial Range
  • Deck
  • Wood Flooring

About This Home

As of June 2021

Exceptional lot and grounds! Large family room with fireplace and views of the backyard. 5 fireplaces in the Formal living, Formal dining, family room, study and cabana. Exquisite walnut trim. Study with builtins and a powder bath attached. Large master bedroom downstairs with lots of natural light and his and her bathrooms and custom closets! Upstairs with 3 additional bedrooms with en suite baths and a fun game/tv room! Huge balcony overlooking the pool/hot tub, fire pit and cabana with kitchen and bath and fireplace! Great exterior lighting. Basement with 16" concrete walls used a storm shelter and wine cellar.

Last Agent to Sell the Property

Kermit Brown

Sage Sotheby's Realty Listed on: 04/05/2021

Sage Sotheby's Realty

Last Buyer's Agent

Kermit Brown

Sage Sotheby's Realty Listed on: 04/05/2021

Sage Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,004

Year Built

  • Built in 1962

Lot Details

  • 1.4 Acre Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,167 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 5 Fireplaces
  • Gas Log Fireplace
  • Game Room
  • Utility Room with Study Area
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Electric Oven
  • Commercial Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Cabana
  • Concrete Pool

Outdoor Features

  • Deck
  • Outdoor Kitchen
  • Fire Pit

Schools

  • Nichols Hills Elementary School
  • John Marshall Middle School
  • John Marshall High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,004

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Legal Addition: Nichols Hills
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Garage Door Lift, Security System, Underground Sprinkler
  • Oven Energy: Electric
  • Property Level: Two
  • Range Energy: Gas
  • Roof Year: 2014
  • School Junior High: John Marshall MS
  • Special Zoning District Yn: No
  • Storm Shelter: Yes
  • Third Party Comments: No
  • Year Built: 1962
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo, Wood
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Combo Woodwork
  • Fireplaces: 5
  • Total Bedrooms: 4
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Living Areas: 4
  • Other Rooms: Game Room, Study
  • Oven Type: Dbl Ovens
  • Range Type: Commercial
  • Total Sq Ft: 7167

Exterior Features

  • Construction: Brick
  • Pool Type: Concrete
  • Pool: Yes
  • Exterior Features: Cabana, Fire Pit, Open Deck, Outdoor Kitchen
  • Fence: Combination
  • Foundation: Conventional
  • Roof: Heavy Comp

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Detached
  • Parking: Circle Drive

Utilities

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

Schools

  • Elementary School: Nichols Hills ES
  • High School: John Marshall HS

Lot Info

  • Acres: 1.4000
  • Land Sq Ft: 60984
  • Lot Description: Corner

Tax Info

  • Tax Block: 000
  • Tax Lot: 000

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 18, 2021
Sold by
Teresa Daugherty Living Trust
Bought by
Palmer Trust
Seller's Agent
Kermit Brown
Sage Sotheby's Realty
Buyer's Agent
Kermit Brown
Sage Sotheby's Realty
List Price
$2,795,000
Sold Price
$2,175,000
Premium/Discount to List
-$620,000
-22.18%
Current Estimated Value
$2,555,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,574
Avg. Annual Appreciation
3.36%
Original Mortgage
$1,500,000
Outstanding Balance
$1,375,683
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,129,332

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 14, 2021
Sold by
Teresa Daugherty Living Trust
Bought by
Palmer Trust
Seller's Agent
Kermit Brown
Sage Sotheby's Realty
Buyer's Agent
Kermit Brown
Sage Sotheby's Realty
List Price
$2,795,000
Sold Price
$2,175,000
Premium/Discount to List
-$620,000
-22.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,375,683
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,129,332

Purchase Details

Closed on
Jul 2, 2008
Sold by
Nsq Llc
Bought by
Daugherty David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2008
Sold by
Turner Patrick S and Chewning Brian K
Bought by
Nsq Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Fakhoury Andy Y and The Thelma M Cullen Revocable
Bought by
Turner Patrick S and Chewning Brian S
Source: Public Records

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 Buyer Sale Price Title Company
Palmer Trust $2,175,000 Chicago Title
Palmer Trust $2,175,000 Chicago Title
Daugherty David -- Stewart Abstract & Title Of
Teresa Daugherty Living Trust -- Stewart Abstract & Title Of
Nsq Llc $1,750,000 Stewart Abstract & Title Of
Turner Patrick S $825,000 Stewart Abstract & Title Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Trust $1,500,000
Closed Palmer Trust $1,500,000
Previous Owner Daugherty David $411,000
Previous Owner Nsq Llc $930,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $2,175,000 -22.2% $303 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $2,795,000 -- $390 / 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 $34,004 $247,940 $39,085 $208,855
2023 $34,004 $244,388 $30,172 $214,216
2022 $30,259 $237,270 $47,124 $190,146
2021 $30,708 $238,920 $47,124 $191,796
2020 $31,427 $236,364 $43,930 $192,434
2019 $29,645 $225,109 $39,588 $185,521
2018 $27,365 $214,390 $0 $0
2017 $28,662 $229,019 $48,967 $180,052
2016 $28,641 $224,179 $48,967 $175,212
2015 $29,722 $233,552 $48,834 $184,718
2014 $27,728 $222,431 $47,865 $174,566
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kermit Brown

    Sage Sotheby's Realty

    (405) 990-3000

    24 in this area

    85 Total Sales

    Kermit Brown
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Map

Source: MLSOK

MLS Number: 952129

MLSOK

APN: 169611065

Oklahoma Oklahoma County Nichols Hills 73120

7304 Nichols Rd, Nichols Hills, OK

This home is located at 7304 Nichols Rd, Nichols Hills, OK 73120 since 05 April 2021 and is currently estimated at $2,555,574, approximately $356 per square foot. This property was built in 1962. 7304 Nichols Rd is a home located in Oklahoma County with nearby schools including Nichols Hills Elementary School, John Marshall Middle School, and John Marshall High School.

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