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1512 Drury Lane

1512 Drury Lane, Oklahoma City, OK 73116
Sold Nov 29, 2017
$1,450,000
Sold Sep 15, 2017
$1,350,000
$1,340,136 by Baetz Cary
Mortgage Due Sep 07, 2018
1512 Drury Lane in Oklahoma City, OK was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 19 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 1512 Drury Lane has 7,814 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 32,670 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of tile. For those who need parking, there is a attached garage. The garage is 1,124 sqft. There are a total of 4 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 condition of the building has been evaluated as poor. The exterior walls of the home are made of tile. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1512 Drury Lane sold most recently in Nov 21, 2017 for a total of $1,450,000. If you work out the math, that's approximately a cost of $185.56 per sqft. Before that, the property was also sold for $1,350,000 in Sep 7, 2017. 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 $11,118 in taxes each year. The initial year of tax delinquency occurred in 2019. 1512 Drury Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $79,582. If we break it down further, the land itself was valued at $6,105. Improvements to the property, however, were assessed at a total of $73,477. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1952
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 19
  • Bedroom Count: 3
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Poor
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Tile
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 1,124
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 7,814
  • Gross Building Area: 7,814
  • Building Area: 7,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NICHOLS HILLS ADD
  • Land Acres: 0.75
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NICHOLS HILLS ADD 043 005

Ownership

  • Current Owner : DRURY ST LLC
  • Previous Owner : 1512 DRURY LN LLC
  • Owner Before Previous Owner: KUEHNL FAMILY LIMITED PARTNERSHIP
  • Ownership Rights Codes: Company/Corporation
  • 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: R169575200
  • Parcel: 169575200
  • Block: 43
  • Lot: 5
  • Meridian: SW4 SEC 05 TWN 12N RNG 03W
  • Municipality: NICHOLS HILLS
  • Latitude: 35.5441
  • Longitude: -97.5414

    Address

  • Full Address: 1512 Drury Ln
  • Address - House Number: 1512
  • Address - Street Name: Drury
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Nichols Hills
  • Carrier Code: C009
  • 4-Digit Zip Code: 5409
  • Zip Code: 73116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,118
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.4637
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 7
  • Final Value: 3,677,302
  • High Value: 5,382,550
  • Low Value: 1,972,053

    Market Valuation

  • Market Total Value: $3,666,500
  • Market Land Value: $281,250
  • Market Improvement Value: $3,385,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,582
  • Assessed Land Value: $6,105
  • Assessed Improvements Value: $73,477

    Sales

  • Current Sale Contract Date: Nov 21, 2017
  • Current Sale Recording Date: Nov 29, 2017
  • Current Sale Transaction ID: 11326194110
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20171129011674050
  • Previous Sale Recording Date: Sep 15, 2017
  • Previous Sale Contract Date: Sep 07, 2017
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST STATE BANK
  • First Mortgage Transaction Date: Nov 29, 2017
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 20, 2018

    Previous Mortgages

  • Previous Mortgage Lender: BAETZ CARY
  • Previous Mortgage Transaction Date: Sep 15, 2017
  • Previous Mortgage Loan Amount: $1,340,136
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Sep 07, 2018

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Frequently Asked Questions

What neighborhood is 1512 Drury Lane located in?
The 1512 Drury 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 1512 Drury Lane?
The average sales price for units in 1512 Drury Lane is $0 currently.

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