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1414 Sherwood Lane

1414 Sherwood Lane, Oklahoma City, OK 73116
Sold May 23, 2019
$1,100,000
$685,000 by Midfirst Bank
Mortgage Due Jun 01, 2049
Sold Sep 24, 2012
$975,000
$675,000 by Stillwater National Bank & Tru
Mortgage Due Oct 01, 2042
1414 Sherwood Lane 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 2012 and is 12 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1414 Sherwood Lane has 3,830 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 2,330 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 17,468 square feet.

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 garage for those who require parking. The garage measured 872 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 16, 2019 for $1,100,000. That's $287.21 per sqft. Prior to that sales transaction, the property was also sold in Sep 20, 2012 for $975,000. 1414 Sherwood Lane was last assessed in 2023. The total value of the property was assessed at $137,529. Specifically, the land the property is located on was valued at $30,433. While improvements on the property were assessed at a total of $107,096. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $19,074. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 872
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,468
  • Lot Size Depth Feet: 2,330
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,830
  • Gross Building Area: 3,830
  • Building Area: 3,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NICHOLS HILLS ADD
  • Land Acres: 0.401
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NICHOLS HILLS ADD 048 023

Ownership

  • Current Owner : SQUARE ROCK TRUST
  • Previous Owner : LOZANO PEDRO
  • Previous Owner 2: DE AOS ISABEL
  • Owner Before Previous Owner: WALKER JOSH
  • Owner Before Previous Owner 2: WALKER AMANDA LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 106401

Geography

  • Assessors Map Reference: 12N-3W-05-SW
  • Account Number: R169575520
  • Parcel: 169575520
  • Block: 48
  • Lot: 23
  • Meridian: SW4 SEC 05 TWN 12N RNG 03W
  • Municipality: NICHOLS HILLS
  • Latitude: 35.539
  • Longitude: -97.5413

    Address

  • Full Address: 1414 Sherwood Ln
  • Address - House Number: 1414
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Nichols Hills
  • Carrier Code: C010
  • 4-Digit Zip Code: 5634
  • Zip Code: 73116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,074
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 1,491,740
  • High Value: 1,740,957
  • Low Value: 1,242,523

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $935,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: May 23, 2019
  • First Open Lien Mortgage Loan Amount: $685,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049
  • Second Open Lien Mortgage Lender: MIDFIRST BANK
  • Second Open Lien Mortgage Recording Date: Jun 05, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: May 16, 2029

    Market Valuation

  • Market Total Value: $1,342,500
  • Market Land Value: $297,075
  • Market Improvement Value: $1,045,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,529
  • Assessed Land Value: $30,433
  • Assessed Improvements Value: $107,096

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Transaction ID: 11610577639
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190523010705100
  • Previous Sale Recording Date: Sep 24, 2012
  • Previous Sale Contract Date: Sep 20, 2012
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: May 23, 2019
  • First Mortgage Loan Amount: $685,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: STILLWATER NATIONAL BANK & TRU
  • Previous Mortgage Transaction Date: Sep 24, 2012
  • Previous Mortgage Loan Amount: $675,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 1414 Sherwood Lane located in?
The 1414 Sherwood Lane is a house located in the neighborhood of Central Oklahoma City in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1414 Sherwood Lane?
The average sales price for units in 1414 Sherwood Lane is $0 currently.

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