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1169 Northwest 56th Street

1169 Northwest 56th Street, Oklahoma City, OK 73118
Multifamily in Meadowbrook Acres
Sold Apr 28, 2021
$370,000
Sold Aug 22, 2018
$469,500
Buyer
Seller
$419,500 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2048
1169 Northwest 56th Street 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 2015 and is 9 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1169 Northwest 56th Street has 1,544 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,136 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 attached garage for those who require parking. The garage measured 556 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a flat style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of unknown. 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, 1169 Northwest 56th Street sold most recently in Apr 5, 2021 for a total of $370,000. If you work out the math, that's approximately a cost of $239.64 per sqft. Before that, the property was also sold for $469,500 in Aug 1, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,376 in taxes each year. 1169 Northwest 56th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,774. If we break it down further, the land itself was valued at $2,787. Improvements to the property, however, were assessed at a total of $40,987. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 556
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,136
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,544
  • Gross Building Area: 1,544
  • Building Area: 1,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK ACRES
  • Land Acres: 0.072
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MEADOWBROOK ACRES 005 000 E25FT OF S125FT OF E50FT OF LOT 11

Ownership

  • Current Owner : READ FAMILY LLC
  • Previous Owner : SADANA NEETI
  • Owner Before Previous Owner: LAPLATA LLC
  • 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: R085276355
  • Parcel: 085276355
  • Block: 5
  • Lot: 11
  • Meridian: NE4 SEC 08 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5304
  • Longitude: -97.5332

    Address

  • Full Address: 1169 Nw 56th St
  • Address - House Number: 1169
  • Street Direction: NW
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C061
  • 4-Digit Zip Code: 1221
  • Zip Code: 73118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,376
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 458,580
  • High Value: 555,655
  • Low Value: 361,505

    Market Valuation

  • Market Total Value: $424,500
  • Market Land Value: $27,031
  • Market Improvement Value: $397,469

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,774
  • Assessed Land Value: $2,787
  • Assessed Improvements Value: $40,987

    Sales

  • Current Sale Contract Date: Apr 05, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11833771412
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021042801074808
  • Previous Sale Recording Date: Aug 22, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Amount: $469,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOONER STATE BANK
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $317,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 05, 2022

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 22, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $419,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 1169 Northwest 56th Street located in?
The 1169 Northwest 56th Street is a multifamily located in the neighborhood of Meadowbrook Acres in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1169 Northwest 56th Street?
The average sales price for units in 1169 Northwest 56th Street is $0 currently.

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