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1315 Northwest 16th Street

1315 Northwest 16th Street, Oklahoma City, OK 73106
Property in Gatewood UCD
Sold Apr 14, 2022
$600,000
$609,505 by Arvest Bank
Mortgage Due May 01, 2052
Sold Apr 20, 2020
$215,000
Local assessors in Oklahoma City, OK have categorized 1315 Northwest 16th Street as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 7,013 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 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 1315 Northwest 16th Street has a total of 2,268 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 630 sqft. 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 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 - C. The building has a gable style roof that was made of composition shingle. Lots of a combination of material 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. 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, 1315 Northwest 16th Street sold most recently in Apr 11, 2022 for a total of $600,000. If you work out the math, that's approximately a cost of $264.55 per sqft. Before that, the property was also sold for $215,000 in Apr 16, 2020. 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 $8,660 in taxes each year. 1315 Northwest 16th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,510. If we break it down further, the land itself was valued at $4,273. Improvements to the property, however, were assessed at a total of $66,237. 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: 1910
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 225
  • Garage Type: Garage
  • Garage Square Area: 630
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,268
  • Gross Building Area: 2,268
  • Building Area: 2,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY ADDITION
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY ADDITION 076 000 LOTS 27 & 28

Ownership

  • Current Owner : ENIX JESSICA L
  • Previous Owner : DE HOLDINGS LLC
  • Owner Before Previous Owner: THOR PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 101900

Geography

  • Assessors Map Reference: 12N-3W-29-NE
  • Account Number: R045008712
  • Parcel: 045008712
  • Block: 76
  • Lot: 27,28
  • Meridian: NE4 SEC 29 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4862
  • Longitude: -97.5331

    Address

  • Full Address: 1315 Nw 16th St
  • Address - House Number: 1315
  • Street Direction: NW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C022
  • 4-Digit Zip Code: 4403
  • Zip Code: 73106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,660
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0958
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 91
  • Final Value: 694,623
  • High Value: 761,219
  • Low Value: 628,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $609,505
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $609,505
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $641,000
  • Market Land Value: $38,850
  • Market Improvement Value: $602,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,510
  • Assessed Land Value: $4,273
  • Assessed Improvements Value: $66,237

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11885437532
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 57341
  • Previous Sale Recording Date: Apr 20, 2020
  • Previous Sale Contract Date: Apr 16, 2020
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Apr 14, 2022
  • First Mortgage Loan Amount: $609,505
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central Oklahoma City



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Frequently Asked Questions

What neighborhood is 1315 Northwest 16th Street located in?
The 1315 Northwest 16th Street is a located in the neighborhood of Gatewood UCD in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1315 Northwest 16th Street?
The average sales price for units in 1315 Northwest 16th Street is $0 currently.

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