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1516 Northwest 40th Street

1516 Northwest 40th Street, Oklahoma City, OK 73118
Sold Sep 20, 2019
$176,500
$167,675 by First United Bank & Trust Co
Mortgage Due Oct 01, 2049
Sold Sep 15, 2010
$125,000
$123,339 by Spiritbank
Mortgage Due Oct 01, 2040
1516 Northwest 40th Street 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 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 2009. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1516 Northwest 40th Street has 1,426 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 1,700 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 9,365 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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 attached garage for those who require parking. The garage measured 275 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of a combination of material. 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. 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, 1516 Northwest 40th Street sold most recently in Sep 18, 2019 for a total of $176,500. If you work out the math, that's approximately a cost of $123.77 per sqft. Before that, the property was also sold for $125,000 in Sep 10, 2010. 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 $2,614 in taxes each year. The initial year of tax delinquency occurred in 2017. 1516 Northwest 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,283. If we break it down further, the land itself was valued at $3,498. Improvements to the property, however, were assessed at a total of $17,785. 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: 1945
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 275
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,426
  • Gross Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,426
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PUTNAM HEIGHTS ADD
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PUTNAM HEIGHTS ADD 033 000 LOTS 34 & 35

Ownership

  • Current Owner : SWEAT WESLEY
  • Previous Owner : WOJCIK JOANTHAN JENNINGS
  • Owner Before Previous Owner: PERRIN GEORGE MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 100300

Geography

  • Assessors Map Reference: 12N-3W-17-SE
  • Account Number: R054855697
  • Parcel: 054855697
  • Block: 33
  • Lot: 34,35
  • Meridian: SE4 SEC 17 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5124
  • Longitude: -97.5375

    Address

  • Full Address: 1516 Nw 40th St
  • Address - House Number: 1516
  • Street Direction: NW
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C082
  • 4-Digit Zip Code: 2628
  • Zip Code: 73118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,614
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 253,110
  • High Value: 306,133
  • Low Value: 200,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,675
  • First Open Lien Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 20, 2019
  • First Open Lien Mortgage Loan Amount: $167,675
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $219,000
  • Market Land Value: $35,998
  • Market Improvement Value: $183,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,283
  • Assessed Land Value: $3,498
  • Assessed Improvements Value: $17,785

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Transaction ID: 11657083824
  • Current Sale Price: $176,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190920011317720
  • Previous Sale Recording Date: Sep 15, 2010
  • Previous Sale Contract Date: Sep 10, 2010
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 20, 2019
  • First Mortgage Loan Amount: $167,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SPIRITBANK
  • Previous Mortgage Transaction Date: Sep 15, 2010
  • Previous Mortgage Loan Amount: $123,339
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2040

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Frequently Asked Questions

What neighborhood is 1516 Northwest 40th Street located in?
The 1516 Northwest 40th Street is a house located in the neighborhood of Woodland Park in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 1516 Northwest 40th Street?
The average sales price for units in 1516 Northwest 40th Street is $0 currently.

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