NOT LISTED FOR SALE

Estimated Value: $140,000 - $190,000

2 Beds
1 Bath
980 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $63,500 $65 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,058/month

5 Days on Market

Highlights

  • 1 Car Detached Garage
  • Interior Lot
  • 1-Story Property
  • Jefferson Elementary School Rated A-
  • Bungalow
  • Central Heating

About This Home

As of March 2021

Investor special! Beautiful 1/3 acre parcel including three city lots (11, 12 and 13) with home and garage waiting for you to completely remodel. Check out the potential in this home literally a few minutes from OU in the heart of Norman! You'll love the location. Selling as-is.

Last Listed By

Colleen Roux

Weichert Realtors Centennial Listed on: 02/26/2021

Weichert Realtors Centennial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1945

Lot Details

  • 0.31 Acre Lot
  • South Facing Home
  • Wood Fence
  • Interior Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Schools

  • Jefferson Elementary School
  • Longfellow Middle School
  • Norman North High School

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 11 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Legal Addition: Ruckers 2
  • Mandatory Association Dues Yn: No
  • Property Faces: South
  • Property Level: One
  • School Junior High: Longfellow MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1945
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Masonry
  • Fireplaces: 1
  • Room Count: 3
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 980

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Outbuildings
  • Fence: Wood, All
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 1
  • Garage Description: Detached

Utilities

  • Cooling System: Window Unit
  • Heat System: Central Electric

Schools

  • Elementary School: Jefferson ES
  • High School: Norman North HS

Lot Info

  • Acres: 0.3100
  • Land Sq Ft: 13504
  • Lot Description: Interior

Tax Info

  • Tax Block: 1
  • Tax Lot: 11

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Maverick Property Investors Llc
Bought by
Reeds Theodore A and Reeds Lindsay L
Total Days on Market
5
Current Estimated Value
$165,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$118,423
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$38,114

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 24, 2021
Sold by
Melott Kerry and Melott Falisha
Bought by
Maverick Property Investors Llc
Seller's Agent
Colleen Roux
Weichert Realtors Centennial
Buyer's Agent
Colleen Roux
Weichert Realtors Centennial
List Price
$90,000
Sold Price
$63,500
Premium/Discount to List
-$26,500
-29.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.22%
Original Mortgage
$83,200
Interest Rate
2.73%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2012
Sold by
Melott Larry
Bought by
Melott Kerry S and Melott Falisha R

Purchase Details

Closed on
Apr 28, 2003
Sold by
Huffman Ronald W
Bought by
Sec Of Housing & Urban Dev

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
Reeds Theodore A $165,000 New Title Company Name
Maverick Property Investors Llc $63,500 None Available
Melott Kerry S -- None Available
Sec Of Housing & Urban Dev -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeds Theodore A $123,750
Previous Owner Maverick Property Investors Llc $83,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $63,500 -29.4% $65 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $90,000 -- $92 / 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 $1,636 $13,663 $2,689 $10,974
2023 $1,562 $13,012 $6,000 $7,012
2022 $908 $7,876 $1,800 $6,076
2021 $478 $7,876 $1,800 $6,076
2020 $936 $7,876 $1,800 $6,076
2019 $952 $7,876 $1,800 $6,076
2018 $884 $7,535 $1,722 $5,813
2017 $851 $7,877 $0 $0
2016 $824 $6,834 $1,562 $5,272
2015 $760 $6,509 $1,361 $5,148
2014 $731 $6,199 $1,296 $4,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 947214

MLSOK

APN: R0043666