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1140 Northwest 57th Street

1140 Northwest 57th Street, Oklahoma City, OK 73118
Sold Aug 11, 2022
$900,000
$550,000 by United Wholesale Mortgage Llc
Mortgage Due Sep 01, 2052
Sold May 17, 2019
$170,000
$144,500 by First United Bank & Trust Co
Mortgage Due May 15, 2020
Local assessors in Oklahoma City, OK have categorized 1140 Northwest 57th Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 8,756 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 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 1140 Northwest 57th Street has a total of 3,623 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 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. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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 frame 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 gable style roof that was made of metal. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on a wall air conditioning unit for their cooling system. The home's a forced air unit is the primary heating source. 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, 1140 Northwest 57th Street sold most recently in Aug 11, 2022 for a total of $900,000. If you work out the math, that's approximately a cost of $248.41 per sqft. Before that, the property was also sold for $170,000 in May 7, 2019. 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 $12,524 in taxes each year. 1140 Northwest 57th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,970. If we break it down further, the land itself was valued at $8,325. Improvements to the property, however, were assessed at a total of $93,645. 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. 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!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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,756
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,623
  • Gross Building Area: 3,623
  • Building Area: 3,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Forced air unit
  • Heated Square Feet: 3,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK ACRES
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOWBROOK ACRES 005 005 W 1/2

Ownership

  • Current Owner : MAVERICK LIVING TRUST
  • Previous Owner : ARNOLD CHAD H
  • Previous Owner 2: ARNOLD TORI
  • Owner Before Previous Owner: FARREN JIM LAWRENCE
  • Owner Before Previous Owner 2: FARREN CONNIE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 100100

Geography

  • Assessors Map Reference: 12N-3W-08-NE
  • Account Number: R085275200
  • Parcel: 085275200
  • Block: 5
  • Lot: 5
  • Meridian: NE4 SEC 08 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5311
  • Longitude: -97.5317

    Address

  • Full Address: 1140 Nw 57th St
  • Address - House Number: 1140
  • Street Direction: NW
  • Address - Street Name: 57th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C061
  • 4-Digit Zip Code: 1224
  • Zip Code: 73118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,524
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 877,215
  • High Value: 1,056,827
  • Low Value: 697,602

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 11, 2022
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $927,000
  • Market Land Value: $75,688
  • Market Improvement Value: $851,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,970
  • Assessed Land Value: $8,325
  • Assessed Improvements Value: $93,645

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Transaction ID: 11894452827
  • Current Sale Price: $900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 123193
  • Previous Sale Recording Date: May 17, 2019
  • Previous Sale Contract Date: May 07, 2019
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 11, 2022
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • Previous Mortgage Transaction Date: May 17, 2019
  • Previous Mortgage Loan Amount: $144,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 15, 2020

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Frequently Asked Questions

What neighborhood is 1140 Northwest 57th Street located in?
The 1140 Northwest 57th Street is a house located in the neighborhood of Meadowbrook Acres in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1140 Northwest 57th Street?
The average sales price for units in 1140 Northwest 57th Street is $0 currently.

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