$350,000
SOLD MAY 14, 2013
-- Bed
-- Bath
4,146 Sq Ft
0.28 Acres

Recently Sold

$84 Per Sq Ft

7% Below List Price

341 Days on Market

Highlights

  • Central Air
  • Lincoln Elementary School Rated A-
  • Carpet

About This Home

As of April 2017

Prime campus property stays 100% occupied. Lots of parking spaces for game days too! Individually metered. Owner pays water and trash only. Many updates during current ownership inc new roof.

Last Agent to Sell the Property

Gwen Holmes

Metro Brokers of Oklahoma Listed on: 05/16/2012

Last Buyer's Agent

Larry Minson

Old Town, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot

Parking

  • 20 Parking Spaces

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Carpet

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Gas Water Heater

Community Details

  • 8 Units
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,055

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Legal Addition: LARSHS UNIVERSITY
  • Misc Features: Gas Water Heater, Separate Meters
  • Number1 Br Units: 6
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Numberof Car Parking Spaces: 20
  • Property Level: Multi
  • Section: 31
  • Stories: 3.0000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Carpet

Exterior Features

  • Construction: Other
  • Fenced: No
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Parking: Other, Paved

Utilities

  • Cooling System: Central Gas
  • Heat System: Other
  • Utilities Available: Propane

Lot Info

  • Land Sq Ft: 12197

Multi Family

  • Number Of Units: 8

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
341
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
5.30%
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
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 Type Sale Price Title Company
Warranty Deed $425,000 None Available
Warranty Deed $355,000 None Available
Warranty Deed $360,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $35,000 Construction
Closed $20,000 Construction
Closed $340,000 Commercial
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: 255689A

MLSOK

APN: R0038042