NOT LISTED FOR SALE

825 Drake Dr Unit 827 Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $205,000 - $236,000

4 Beds
2 Baths
1,898 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $149,000 $79 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,347/month

Highlights

  • Traditional Architecture
  • Laundry Room
  • Outdoor Storage
  • Norman High School Rated A-
  • Formal Entry
  • Central Heating and Cooling System

About This Home

As of April 2020

The rare duplex listing is right here right now! 825 is currently rented month to month and 827 is VACANT. You may use Showing Time to "Go & Show" 827, but a 24 hour notice is required for 825. View 827 and if there is interest then you can make an appointment for 825. Or give an advance notice and show both on the same appointment. Each unit is 2 bedrooms and 1 bath, about 950sf. Each has a fenced yard and the back up to a green belt and small park. 827 has been prepared for the market, paint, clean up etc. 825 is occupied. 2 carports serve each of the units.

Last Agent to Sell the Property

Tom McAuliffe

Dillard Cies Real Estate Listed on: 01/27/2020

Dillard Cies Real Estate

Last Buyer's Agent

Zandrea Waldenville

Meraki Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage

Schools

  • Madison Elementary School
  • Irving Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,174

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Traditional
  • Property Sub Type: Duplex
  • Senior Community: No
  • Handicap Yn: No
  • Legal Addition: Boyd View 1
  • Mandatory Association Dues Yn: No
  • Misc Features: Fencing, Gas Water Heater, Outside Storage, Separate Meters, Tenant Pays Utils
  • Number2 Br Units: 2
  • Packet Available Yn: No
  • Property Level: One
  • School Junior High: Irving MS
  • Section: 5
  • Stories: 1.0000
  • Third Party Comments: Yes
  • Year Built: 1967
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Central Entry, Laundry, Carpet, Yard, Washer/Dryer Hookup
  • Fireplace Description: None
  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1898

Exterior Features

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

Garage/Parking

  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

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

Lot Info

  • Land Sq Ft: 8276

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Block: 7
  • Tax Lot: 5

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
May 4, 2020
Sold by
Willis W Duncan 1990 Revocable Trust
Bought by
Grayson William G
Seller's Agent
Tom McAuliffe
Dillard Cies Real Estate
Buyer's Agent
Zandrea Waldenville
Meraki Real Estate
List Price
$144,900
Sold Price
$149,000
Premium/Discount to List
$4,100
2.83%
Current Estimated Value
$219,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,920
Avg. Annual Appreciation
6.09%
Original Mortgage
$108,000
Outstanding Balance
$97,436
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$107,835

Purchase Details

Listed on
Jan 27, 2020
Closed on
Apr 30, 2020
Sold by
Willis W Duncan 1990 Revocable Trust
Bought by
Grayson William G
Seller's Agent
Tom McAuliffe
Dillard Cies Real Estate
Buyer's Agent
Zandrea Waldenville
Meraki Real Estate
List Price
$144,900
Sold Price
$149,000
Premium/Discount to List
$4,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$97,436
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$107,835
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 Buyer Sale Price Title Company
Grayson William G $216,000 Cleveland County Abstract
Grayson William G $216,000 Cleveland County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grayson William G $108,000
Closed Grayson William G $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $149,000 +2.8% $79 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $144,900 0.0% $76 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $144,900 -- $76 / 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 $2,174 $18,147 $3,060 $15,087
2023 $2,077 $17,283 $3,301 $13,982
2022 $1,896 $16,460 $2,640 $13,820
2021 $952 $15,676 $3,000 $12,676
2020 $1,376 $11,593 $2,661 $8,932
2019 $1,334 $11,041 $2,135 $8,906
2018 $1,232 $10,516 $2,034 $8,482
2017 $1,187 $12,408 $0 $0
2016 $1,149 $9,538 $1,845 $7,693
2015 -- $9,084 $1,008 $8,076
2014 -- $9,084 $1,008 $8,076
Source: Public Records

Agents Affiliated with this Home

  • Tom McAuliffe

    Seller's Agent in 2020

    Tom McAuliffe

    Dillard Cies Real Estate

    (405) 550-1929

    13 in this area

    100 Total Sales

    Tom McAuliffe
    Section Image
  • Zandrea Waldenville

    Buyer's Agent in 2020

    Zandrea Waldenville

    Meraki Real Estate

    (405) 401-0448

    35 in this area

    320 Total Sales

    Zandrea Waldenville
    Section Image
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Map

Source: MLSOK

MLS Number: 897974

MLSOK

APN: R0025822

Oklahoma Cleveland County Norman 73071 Southeast Norman

825 Drake Dr Unit 827, Norman, OK

This home is located at 825 Drake Dr Unit 827, Norman, OK 73071 since 27 January 2020 and is currently estimated at $219,920, approximately $115 per square foot. This property was built in 1967. 825 Drake Dr Unit 827 is a home located in Cleveland County with nearby schools including Madison Elementary School, Irving Middle School, and Norman High School.

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