NOT LISTED FOR SALE

7916 Nichols Gate Cir Oklahoma City, OK 73116

Drakestone-Somerset Neighborhood

Estimated Value: $751,000 - $1,130,000

3 Beds
4 Baths
3,015 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $650,000 $216 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,949/month

Highlights

  • Traditional Architecture
  • Bonus Room
  • Covered Patio or Porch
  • Wood Flooring
  • Home Office
  • Circular Driveway

About This Home

As of November 2018

Nichols Gate, one of the few gated communities in the Nichols Hills area. Completely remodeled in 2015, beautifully appointed throughout. Spacious kitchen with all stainless steel appliances, washer, dryer, refrigerator stay. Breakfast dining area in kitchen has easy access to the spacious covered outdoor living space. DOWNSTAIRS Master Bedroom. Master bath has double vanities, separate shower, bath and bathroom, his and her walk-in closets. Huge formal dining, many many beautiful pluses. Fenced in area for pets, two bedrooms up, bonus room for office, exercise or study. Oversized two car garage, lots of extra storage. Manicured grounds. Great neighbors. Location near shops, schools, restaurants. You will love it here!

Last Agent to Sell the Property

Kim Joseph

Listed on: 03/14/2018

Last Buyer's Agent

Brennan Dolan

Home, by Urbanworks, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,710

Year Built

  • Built in 2008

Lot Details

  • 9,234 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Wrought Iron Fence
  • Sprinkler System

HOA Fees

  • $229 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,015 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Metal Fireplace
  • Window Treatments
  • Home Office
  • Bonus Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Partial Storm Protection
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include gated entry, greenbelt
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 1 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,710

Year Built

Built in 2008

Lot Details

0

HOA Fees

$229 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Senior Community: No
  • Association Fee Includes: Gated Entry, Greenbelt
  • Dining Areas: 2
  • Handicap Yn: No
  • Inlaw Plan Yn: No
  • Legal Addition: Nichols Gate
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System, Smoke Alarm, Underground Sprinkler
  • Oven Energy: Electric
  • Property Faces: West
  • Property Level: Two
  • Range Energy: Gas
  • Roof Year: 2012
  • Section: 73116
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2008
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Wood
  • Fireplace Description: Metal Insert
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
  • Interior Amenities: Ceiling Fan, Laundry Room, Paint Woodwork, Window Treatment
  • Fireplaces: 1
  • Room Count: 3
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Living Areas: 2
  • Other Rooms: Bonus, Inside Utility, Office
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 3015

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Patio
  • Fence: Wrought Iron
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2750

Green Features

  • Energy: Fireplace Insert, Partial Storm Doors/Windows

Lot Info

  • Land Sq Ft: 9234
  • Lot Description: Cul-de-Sac

Tax Info

  • Tax Block: 2
  • Tax Lot: 1

MLS Schools

  • School District: Oklahoma City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Nov 16, 2018
Sold by
Dolan Robert G and Dolan Susan C
Bought by
Dolan Robert G and Dolan Susan C
Seller's Agent
Kim Joseph
Buyer's Agent
Brennan Dolan
Home, by Urbanworks, LLC
List Price
$699,999
Sold Price
$650,000
Premium/Discount to List
-$49,999
-7.14%
Current Estimated Value
$926,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,404
Avg. Annual Appreciation
5.28%
Original Mortgage
$550,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2017
Sold by
Funk Karen M
Bought by
Funk Karen M and Karen M Funk Trust

Purchase Details

Closed on
May 4, 2015
Sold by
Inter Bank
Bought by
Smalling Scott

Purchase Details

Closed on
Apr 25, 2015
Sold by
Parrish Thomas W and Parrish Lynne Elizabeth
Bought by
Interbank

Purchase Details

Closed on
Feb 23, 2015
Sold by
Parrish Thomas W and Parrish Ashley D
Bought by
Interbank

Purchase Details

Closed on
Apr 7, 2008
Sold by
Copperleaf Llc
Bought by
Parrish Thomas W and Parrish Ashley D
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
Dolan Robert G -- Old Republic Title
Funk Karen M -- None Available
Smalling Scott -- None Available
Interbank -- None Available
Interbank -- None Available
Parrish Thomas W $250,000 Stewart Abstract & Title Ok
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dolan Robert G $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $650,000 -7.1% $216 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $699,999 -- $232 / 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 $9,710 $80,795 $17,673 $63,122
2023 $9,710 $79,059 $15,104 $63,955
2022 $8,857 $75,295 $19,654 $55,641
2021 $9,043 $76,835 $19,654 $57,181
2020 $8,881 $74,580 $20,924 $53,656
2019 $8,548 $71,830 $20,924 $50,906
2018 $7,154 $64,067 $0 $0
2017 $6,937 $62,201 $17,949 $44,252
2016 $6,736 $60,389 $20,426 $39,963
2015 $7,904 $70,029 $19,635 $50,394
2014 $7,626 $67,990 $25,568 $42,422
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kim Joseph

    Section Image

  • B

    Buyer's Agent in 2018

    Brennan Dolan

    Home, by Urbanworks, LLC

    (405) 371-0804

    10 Total Sales

    Brennan Dolan
    Section Image
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Map

Source: MLSOK

MLS Number: 810317

MLSOK

APN: 208751060

Oklahoma Oklahoma County Oklahoma City 73116 Drakestone-Somerset

7916 Nichols Gate Cir, Oklahoma City, OK

This home is located at 7916 Nichols Gate Cir, Oklahoma City, OK 73116 since 14 March 2018 and is currently estimated at $926,404, approximately $307 per square foot. This property was built in 2008. 7916 Nichols Gate Cir is a home located in Oklahoma County with nearby schools including Ridgeview Elementary School, John Marshall Middle School, and John Marshall High School.

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