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1201 Karen Lane

1201 Karen Lane, Oklahoma City, OK 73110
House in Oklahoma
Sold Nov 19, 2020
$127,500
$130,432 by Cmg Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Sep 28, 2012
$84,000
$82,478 by Bokf Na
Mortgage Due Oct 01, 2042
1201 Karen Lane in Oklahoma City, OK was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 2012. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1201 Karen Lane has 1,102 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,672 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 1201 Karen Lane sold most recently in Nov 5, 2020 for a total of $127,500. If you work out the math, that's approximately a cost of $115.70 per sqft. Before that, the property was also sold for $84,000 in Sep 20, 2012. 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 $1,750 in taxes each year. 1201 Karen Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,130. If we break it down further, the land itself was valued at $2,279. Improvements to the property, however, were assessed at a total of $12,851. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1978
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,672
  • 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: ROYAL MEADOWS
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL MEADOWS 003 011

Ownership

  • Current Owner : PEREZ GERMAIN
  • Previous Owner : GRAVES WILLIAM
  • Previous Owner 2: GRAVES COURTNEY B
  • Owner Before Previous Owner: R & J ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 108011

Geography

  • Assessors Map Reference: 12N-2W-26-SE
  • Account Number: R151111530
  • Parcel: 151111530
  • Block: 3
  • Lot: 11
  • Meridian: SE4 SEC 26 TWN 12N RNG 02W
  • Municipality: MIDWEST CITY
  • Latitude: 35.4796
  • Longitude: -97.3749

    Address

  • Full Address: 1201 Karen Ln
  • Address - House Number: 1201
  • Address - Street Name: Karen
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C028
  • 4-Digit Zip Code: 7150
  • Zip Code: 73110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,750
  • Tax Rate Code Area: 589

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 162,397
  • High Value: 201,999
  • Low Value: 122,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,432
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 19, 2020
  • First Open Lien Mortgage Loan Amount: $130,432
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $156,000
  • Market Land Value: $23,500
  • Market Improvement Value: $132,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,130
  • Assessed Land Value: $2,279
  • Assessed Improvements Value: $12,851

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Transaction ID: 11803058469
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201119011726010
  • Previous Sale Recording Date: Sep 28, 2012
  • Previous Sale Contract Date: Sep 20, 2012
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Nov 19, 2020
  • First Mortgage Loan Amount: $130,432
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BOKF NA
  • Previous Mortgage Transaction Date: Sep 28, 2012
  • Previous Mortgage Loan Amount: $82,478
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Midwest City



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Frequently Asked Questions

What neighborhood is 1201 Karen Lane located in?
The 1201 Karen Lane is a house located in the neighborhood of Oklahoma in Midwest City, Oklahoma City.
What is the average sales price for listings in 1201 Karen Lane?
The average sales price for units in 1201 Karen Lane is $0 currently.

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