NOT LISTED FOR SALE

Estimated Value: $659,660

11 Beds
4 Baths
5,746 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $425,000 $74 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,448/month

243 Days on Market

About This Home

As of April 2017

Fabulous location! Apartment building only 500 feet from OU campus, just North of Boyd. Short walk down the alley to the Greek House or the other direction to O'Connels. Eight total apartments, all of them rented. $4,200 total current rents. Owner pays city services only. Units are individually metered for electricity. Central heat & air system in one apartment, the rest have window units & wall heaters. Current owner has made improvements in the past 4 years. You can pull up a list of these things and other info in "supplements" on the MLS or call me and I'll send them to you.

Last Listed By

Larry Minson

Old Town, REALTORS Listed on: 06/22/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 11 Bedrooms
  • 5,746 Sq Ft Home
  • 3-Story Property

Parking

  • Parking Available
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Panel Ray Heating

Community Details

  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 62 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,055

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: More Than 4 Units
  • Handicap Yn: No
  • Legal Addition: Larshs University
  • Mandatory Association Dues Yn: No
  • Number1 Br Units: 6
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Property Level: Multi
  • Stories: 3.0000
  • Third Party Comments: No
  • Year Built: 1930
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Total Sq Ft: 5746

Exterior Features

  • Construction: Vinyl
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Parking: Backyard, Gravel Drive

Utilities

  • Cooling System: Window Unit
  • Heat System: Panel Ray

Lot Info

  • Land Sq Ft: 12600

Rental Info

  • Rent: 4200.00

Multi Family

  • Number Of Units: 8

Tax Info

  • Tax Block: 3
  • Tax Lot: 62

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Apr 10, 2017
Sold by
Graylock Llc
Bought by
Precilla Vincent and Precilla Patti
Seller's Agent
Larry Minson
Old Town, REALTORS
Buyer's Agent
Vanessa Johnson
eXp Realty LLC BO
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Total Days on Market
243
Current Estimated Value
$659,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,660
Avg. Annual Appreciation
5.02%
Original Mortgage
$340,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
May 16, 2012
Closed on
May 14, 2013
Sold by
Kipbert Properties L L C
Bought by
Graylock L L C
Seller's Agent
Gwen Holmes
Metro Brokers of Oklahoma
Buyer's Agent
Larry Minson
Old Town, REALTORS
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Campus Investments Ltd Partnership
Bought by
Magnusson Roberta J and Kipp Ann

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
Precilla Vincent $425,000 None Available
Graylock L L C $355,000 None Available
Magnusson Roberta J $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Precilla Vincent Ricardo $35,000
Closed Precilla Vincent Ricardo $20,000
Closed Precilla Vincent $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $425,000 -10.5% $74 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
06/22/2016 06/22/16 For Sale $475,000 +35.7% $83 / Sq Ft
05/14/2013 05/14/13 Sold $350,000 -6.7% $84 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
05/16/2012 05/16/12 For Sale $375,000 -- $90 / 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 $9,055 $75,600 $17,765 $57,835
2023 $8,646 $72,000 $12,000 $60,000
2022 $5,980 $51,915 $8,732 $43,183
2021 $6,002 $49,443 $10,200 $39,243
2020 $5,890 $49,583 $10,200 $39,383
2019 $5,953 $49,266 $10,130 $39,136
2018 $5,497 $46,920 $5,400 $41,520
2017 $4,548 $38,378 $0 $0
2016 $0 $38,378 $5,400 $32,978
2015 -- $38,378 $5,400 $32,978
2014 -- $38,378 $5,400 $32,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 734212

MLSOK

APN: R0038042