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12216 Cypress Lane

12216 Cypress Lane, Oklahoma City, OK 73162
House in Summerfield
Sold Apr 24, 2019
$140,000
$137,443 by Associated Mortgage Corp
Mortgage Due May 01, 2049
Sold Nov 30, 2001
$90,000
Local assessors in Oklahoma City, OK have categorized 12216 Cypress Lane as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 4,487 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 450 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12216 Cypress Lane has a total of 1,435 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 attached garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 fair. 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 composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 12216 Cypress Lane sold most recently in Apr 24, 2019 for a total of $140,000. If you work out the math, that's approximately a cost of $97.56 per sqft. Before that, the property was also sold for $90,000 in Nov 30, 2001. 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 $2,127 in taxes each year. 12216 Cypress Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,317. If we break it down further, the land itself was valued at $2,563. Improvements to the property, however, were assessed at a total of $14,754. 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,487
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,435
  • Gross Building Area: 1,435
  • Building Area: 1,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ARBORS
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE ARBORS 008 030

Ownership

  • Current Owner : CHADWELL MICHAEL L
  • Current Owner 2: CHADWELL KAREN K
  • Previous Owner : IRWIN NANCY KAY
  • Previous Owner 2: IRWIN DAVID
  • Owner Before Previous Owner: HEFLEY EARL K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 108536

Geography

  • Assessors Map Reference: 13N-4W-22-NE
  • Account Number: R134991480
  • Parcel: 134991480
  • Block: 8
  • Lot: 30
  • Meridian: NE4 SEC 22 TWN 13N RNG 04W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5942
  • Longitude: -97.6078

    Address

  • Full Address: 12216 Cypress Ln
  • Address - House Number: 12216
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: R097
  • 4-Digit Zip Code: 1905
  • Zip Code: 73162

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,127
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 210,360
  • High Value: 257,432
  • Low Value: 163,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,443
  • First Open Lien Mortgage Lender: ASSOCIATED MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 24, 2019
  • First Open Lien Mortgage Loan Amount: $137,443
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $188,500
  • Market Land Value: $27,900
  • Market Improvement Value: $160,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,317
  • Assessed Land Value: $2,563
  • Assessed Improvements Value: $14,754

    Sales

  • Current Sale Contract Date: Apr 24, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11601797071
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190424010551170
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Contract Date: Nov 30, 2001
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $137,443
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 12216 Cypress Lane located in?
The 12216 Cypress Lane is a house located in the neighborhood of Summerfield in Northwest Oklahoma City, Oklahoma City.
What is the average sales price for listings in 12216 Cypress Lane?
The average sales price for units in 12216 Cypress Lane is $0 currently.

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