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1612 Norwood Place

1612 Norwood Place, Oklahoma City, OK 73120
Sold Dec 09, 2020
$705,000
$225,000 by Midfirst Bank
Mortgage
Sold Jan 31, 2014
$570,000
$453,000 by Bank Of America Na
Mortgage Due Feb 01, 2044
Local assessors in Oklahoma City, OK have categorized 1612 Norwood Place as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 12,894 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 990 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 7 rooms in the home. Of these, 3 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 3 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 1612 Norwood Place has a total of 2,965 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 560 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. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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 - B. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 4, 2020 for $705,000. That's $237.77 per sqft. Prior to that sales transaction, the property was also sold in Jan 29, 2014 for $570,000. 1612 Norwood Place was last assessed in 2023. The total value of the property was assessed at $79,646. Specifically, the land the property is located on was valued at $13,705. While improvements on the property were assessed at a total of $65,941. 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 $10,988. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1954
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 12,894
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,965
  • Gross Building Area: 2,965
  • Building Area: 2,965
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAVERLY SEC NICHOLS HILLS
  • Land Acres: 0.296
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WAVERLY SEC NICHOLS HILLS 063 006

Ownership

  • Current Owner : NORDIN LEE ANN
  • Previous Owner : GILBERT JOHN
  • Previous Owner 2: GILBERT ALYSON
  • Owner Before Previous Owner: DUNNINGTON JEREMY
  • Owner Before Previous Owner 2: DUNNINGTON KATHERINE CODY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family 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: 106403

Geography

  • Assessors Map Reference: 13N-3W-32-SW
  • Account Number: R169601055
  • Parcel: 169601055
  • Block: 63
  • Lot: 6
  • Meridian: SW4 SEC 32 TWN 13N RNG 03W
  • Municipality: NICHOLS HILLS
  • Latitude: 35.5563
  • Longitude: -97.548

    Address

  • Full Address: 1612 Norwood Pl
  • Address - House Number: 1612
  • Address - Street Name: Norwood
  • Address - Suffix Type: Pl
  • State: OK
  • City Name: Nichols Hills
  • Carrier Code: C039
  • 4-Digit Zip Code: 1212
  • Zip Code: 73120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,988
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 780,546
  • High Value: 954,323
  • Low Value: 606,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $811,500
  • Market Land Value: $139,640
  • Market Improvement Value: $671,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,646
  • Assessed Land Value: $13,705
  • Assessed Improvements Value: $65,941

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Transaction ID: 11829431906
  • Current Sale Price: $705,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020120901181950
  • Previous Sale Recording Date: Jan 31, 2014
  • Previous Sale Contract Date: Jan 29, 2014
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Dec 09, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jan 31, 2014
  • Previous Mortgage Loan Amount: $453,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2044

About Central Oklahoma City



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Nearby Rentals

Unit for rent at

$1,225 /mo

  • 2 Beds
  • 1 Bath
  • 847 ft²
Listing by Manager
Unit for rent at

$1,275 /mo

  • 2 Beds
  • 1 Bath
  • 920 ft²
Listing by Manager
Unit for rent at

$1,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,008 ft²
Listing by Stacey Hensley
Unit for rent at

$1,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,180 ft²
Listing by Brian Coombs
Unit for rent at

$1,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,394 ft²
Listing by Karissa Bowers
Unit for rent at

$1,445 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
Listing by Manager
Unit for rent at

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,244 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1612 Norwood Place located in?
The 1612 Norwood Place 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 1612 Norwood Place?
The average sales price for units in 1612 Norwood Place is $724,000 , or $244/sqft. currently.

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