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1129 Loftin Drive

1129 Loftin Drive, Oklahoma City, OK 73130
Property in Oklahoma
Sold Aug 16, 2023
$159,500
$156,610 by Gateway Mortgage Corporation
Mortgage Due Sep 01, 2053
Sold Feb 27, 1998
Transfer
Buyer
Va
Seller
$34,500 by Va
Mortgage Due Mar 01, 2028
1129 Loftin Drive has been categorized by the local assessors in Oklahoma City, OK as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1129 Loftin Drive has 1,102 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,087 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 276 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1129 Loftin Drive sold most recently in Aug 16, 2023 for a total of $159,500. If you work out the math, that's approximately a cost of $144.74 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $743 in taxes each year. 1129 Loftin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,422. If we break it down further, the land itself was valued at $1,443. Improvements to the property, however, were assessed at a total of $4,979. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 276
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,102
  • Gross Building Area: 1,102
  • Building Area: 1,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,102
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOFTIN ACRES ADD
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOFTIN ACRES ADD 001 009

Ownership

  • Current Owner : FOSTER KIMBERLY RAE
  • Current Owner 2: FOSTER JAMES A
  • Previous Owner : SKUNKTOWN PROPERTIES LLC
  • Owner Before Previous Owner: VA
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 108010

Geography

  • Assessors Map Reference: 12N-2W-25-SW
  • Account Number: R154701085
  • Parcel: 154701085
  • Block: 1
  • Lot: 9
  • Meridian: SW4 SEC 25 TWN 12N RNG 02W
  • Municipality: MIDWEST CITY
  • Latitude: 35.4803
  • Longitude: -97.3678

    Address

  • Full Address: 1129 Loftin Dr
  • Address - House Number: 1129
  • Address - Street Name: Loftin
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C052
  • 4-Digit Zip Code: 1307
  • Zip Code: 73130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $743
  • Tax Rate Code Area: 589

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 131,327
  • High Value: 162,713
  • Low Value: 99,941

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $162,091
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 16, 2023
  • First Open Lien Mortgage Loan Amount: $156,610
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053
  • Second Open Lien Mortgage Lender: OKLAHOMA HOUSING FIN AGENCY
  • Second Open Lien Mortgage Recording Date: Aug 16, 2023
  • Second Open Lien Mortgage Loan Amount: $5,481
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $95,500
  • Market Land Value: $21,465
  • Market Improvement Value: $74,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,422
  • Assessed Land Value: $1,443
  • Assessed Improvements Value: $4,979

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Transaction ID: 11911229010
  • Current Sale Price: $159,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 105979
  • Previous Sale Recording Date: Feb 27, 1998
  • Previous Sale Contract Date: Feb 26, 1998
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Aug 16, 2023
  • First Mortgage Loan Amount: $156,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053
  • Second Mortgage Lender: OKLAHOMA HOUSING FIN AGENCY
  • Second Mortgage Transaction Date: Aug 16, 2023
  • Second Mortgage Loan Amount: $5,481
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: VA
  • Previous Mortgage Transaction Date: Feb 27, 1998
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $34,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Mar 01, 2028

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Frequently Asked Questions

What neighborhood is 1129 Loftin Drive located in?
The 1129 Loftin Drive is a located in the neighborhood of Oklahoma in Midwest City, Oklahoma City.
What is the average sales price for listings in 1129 Loftin Drive?
The average sales price for units in 1129 Loftin Drive is $0 currently.

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