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1011 Trout Avenue

1011 Trout Avenue, Norman, OK 73069
Property in Cleveland
Sold Sep 13, 2019
$435,000
$1,184,940 by Liberty National Bank
Mortgage
Sold Dec 26, 2018
$405,000
Local assessors in Norman, OK have categorized 1011 Trout Avenue as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 10,454 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 21 full bathrooms. There are also 23 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1011 Trout Avenue has a total of 1,335 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Sep 13, 2019 for $435,000. That's $325.84 per sqft. Prior to that sales transaction, the property was also sold in Dec 21, 2018 for $405,000. 1011 Trout Avenue was last assessed in 2023. The total value of the property was assessed at $139,546. Specifically, the land the property is located on was valued at $8,130. While improvements on the property were assessed at a total of $131,416. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $16,757. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 6
  • Bathroom Count: 23
  • Full Bathrooms: 21
  • Partial Bathrooms: 23
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Steel
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,335
  • Gross Building Area: 1,335
  • Building Area: 1,335
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,335
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STATE UNIVERSITY 2
  • Land Acres: 0.24
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: STATE UNIV 2 LOT 5-7 BLK 2

Ownership

  • Current Owner : 1011 TROUT AVE LLC
  • Previous Owner : KAPLAN RUSSELL S
  • Previous Owner 2: KAPLAN EMILY D
  • Owner Before Previous Owner: 1011 TROUT LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201201

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 9N-2W-32-SW
  • Account Number: 45652
  • Parcel: R0045652
  • Block: 2
  • Lot: 5
  • Meridian: SEC 32 TWN 09 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.2106
  • Longitude: -97.4385

    Address

  • Full Address: 1011 Trout Ave
  • Address - House Number: 1011
  • Address - Street Name: Trout
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Norman
  • Carrier Code: C003
  • 4-Digit Zip Code: 4715
  • Zip Code: 73069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,757
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 210,783
  • High Value: 256,620
  • Low Value: 164,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,184,940
  • First Open Lien Mortgage Lender: LIBERTY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 13, 2019
  • First Open Lien Mortgage Loan Amount: $1,184,940
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $1,716,239
  • Market Land Value: $100,000
  • Market Improvement Value: $1,616,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,546
  • Assessed Land Value: $8,130
  • Assessed Improvements Value: $131,416

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Transaction ID: 11645951312
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2019 29184
  • Previous Sale Recording Date: Dec 26, 2018
  • Previous Sale Contract Date: Dec 21, 2018
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY NATIONAL BANK
  • First Mortgage Transaction Date: Sep 13, 2019
  • First Mortgage Loan Amount: $1,184,940
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Norman



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Frequently Asked Questions

What neighborhood is 1011 Trout Avenue located in?
The 1011 Trout Avenue is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 1011 Trout Avenue?
The average sales price for units in 1011 Trout Avenue is $0 currently.

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