NOT LISTED FOR SALE

Estimated Value: $948,066

10 Beds
9 Baths
5,381 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $620,000 $115 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,041/month

98 Days on Market

Highlights

  • 2 Fireplaces
  • Bungalow
  • Washer and Dryer
  • Lincoln Elementary School Rated A-

About This Home

As of August 2019

Mega 9 unit Bungalow backing up to Asp on Campus Corner! Property sits on 3 city lots & has 14 parking spaces. Seller says property grandfathered in with up to 11 units. Roof 5 years old. Rental Income currently $4,775 per month total. Seller to repair/paint exterior w acceptable offer. Lots of windows/natural light in each unit. Hardwood floors throughout, under present flooring. Many units updated. 3 separate units downstairs, 4 upstairs, & 2 garage apts. UNIT INFO: M1-Downstairs front/South: 2 bed/1bath hardwood floors, large living & kitchen, original fireplace, central heat/air, & washer/dryer. M2- Downstairs on North: 1 bedroom/1bath efficiency w covered parking on side. M3-Downstairs in back:1 bed/1bath apartment. Upstairs: 4 separate efficiency units w large closets, & one w original fireplace. Garage: Downstairs G1: 1 bed/1bath apartment. Upstairs G2 1bed/1bath apartment. House fully leased, garage being updated.

Last Listed By

Ariel Derrick

Metro Brokers of Oklahoma Listed on: 05/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,805

Year Built

  • Built in 1920

Lot Details

  • 10,454

Home Design

  • Bungalow
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 5,381 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Free Standing Fireplace
  • Washer and Dryer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Full Bathrooms

Parking

  • 14 Parking Spaces
  • Driveway
  • Additional Parking

Schools

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

Additional Features

  • 10,454 Sq Ft Lot
  • Water Heater

Community Details

  • 9 Units
  • Gross Income $4,775

Listing and Financial Details

  • Legal Lot and Block 19-21 / 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,805

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Bungalow
  • Property Sub Type: More Than 4 Units
  • Senior Community: No
  • Handicap Yn: No
  • Legal Addition: Larshs University
  • Mandatory Association Dues Yn: No
  • Number1 Br Units: 3
  • Number2 Br Units: 1
  • Packet Available Yn: No
  • Property Level: Multi
  • School Junior High: Alcott MS
  • Stories: 3.0000
  • Third Party Comments: No
  • Year Built: 1920
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Fireplace
  • Fireplace Description: Free Standing
  • Appliances: Refrigerator, Washer/Dryer, Water Heater
  • Fireplaces: 2
  • Total Bedrooms: 10
  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Total Sq Ft: 5381

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Total Parking: 14
  • Parking: Additional, Concrete Drive

Utilities

  • Cooling System: Other
  • Heat System: Other

Schools

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

Lot Info

  • Acres: 0.2400
  • Land Sq Ft: 10454

Multi Family

  • Number Efficiency Units: 5
  • Number Of Units: 9

Tax Info

  • Tax Block: 2
  • Tax Lot: 19-21

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Aug 27, 2019
Sold by
Adkins Sonia H
Bought by
Tlc Em Llc
Seller's Agent
Ariel Derrick
Metro Brokers of Oklahoma
Buyer's Agent
Brad Ashford
Stonehenge Properties LLC
List Price
$699,999
Sold Price
$620,000
Premium/Discount to List
-$79,999
-11.43%
Total Days on Market
98
Current Estimated Value
$948,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,066
Avg. Annual Appreciation
6.86%

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
Tlc Em Llc $620,000 Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $620,000 -11.4% $115 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $699,999 -- $130 / 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 $8,805 $73,515 $18,000 $55,515
2023 $9,413 $78,391 $11,540 $66,851
2022 $8,597 $74,658 $10,020 $64,638
2021 $8,631 $71,103 $9,600 $61,503
2020 $8,469 $71,289 $9,600 $61,689
2019 $2,373 $19,645 $5,586 $14,059
2018 $2,192 $18,710 $2,857 $15,853
2017 $2,112 $35,364 $0 $0
2016 $2,045 $16,970 $2,591 $14,379
2015 -- $16,163 $2,468 $13,695
2014 -- $15,393 $2,350 $13,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 866893

MLSOK

APN: R0037987