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1616 Rulane Drive

1616 Rulane Drive, Oklahoma City, OK 73110
House in Oklahoma
Sold Oct 13, 2020
$132,000
$129,609 by Loandepot.com Llc
Mortgage Due Oct 01, 2050
Sold Feb 06, 2020
$5,000
Local assessors in Oklahoma City, OK have categorized 1616 Rulane Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 10,803 square feet. The linear feet between the front and back of the lot was measured at 1,660 ft and the front of the lot was measured at 650 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 5 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 is one full bathroom. There are also 2 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 1616 Rulane Drive has a total of 1,089 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 carport for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 3 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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - D. The building has a hip style roof that was made of composition shingle. Lots of unknown 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, 1616 Rulane Drive sold most recently in Sep 11, 2020 for a total of $132,000. If you work out the math, that's approximately a cost of $121.21 per sqft. Before that, the property was also sold for $5,000 in Feb 4, 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 $1,740 in taxes each year. The initial year of tax delinquency occurred in 2017. 1616 Rulane Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,784. If we break it down further, the land itself was valued at $2,141. Improvements to the property, however, were assessed at a total of $12,643. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 441
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,803
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,089
  • Gross Building Area: 1,089
  • Building Area: 1,089
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILL ATKINSON RANCHET 3RD
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BILL ATKINSON RANCHET 3RD 002 021

Ownership

  • Current Owner : RAIBER TIMOTHY ALLEN LEROY
  • Current Owner 2: RAIBER KAYLA ANN
  • Previous Owner : HAMMERT JOHN KORD
  • Owner Before Previous Owner: BECK SHERRY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Midwest City-Del City Schools
  • School Tax School District: MID-DEL SD - RS
  • Census Tract: 107704

Geography

  • Assessors Map Reference: 11N-2W-04-SE
  • Account Number: R150271445
  • Parcel: 150271445
  • Block: 2
  • Lot: 21
  • Meridian: SE4 SEC 04 TWN 11N RNG 02W
  • Municipality: MIDWEST CITY
  • Latitude: 35.4523
  • Longitude: -97.4103

    Address

  • Full Address: 1616 Rulane Dr
  • Address - House Number: 1616
  • Address - Street Name: Rulane
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C020
  • 4-Digit Zip Code: 2557
  • Zip Code: 73110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,740
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 552

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 166,450
  • High Value: 207,041
  • Low Value: 125,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,609
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Loan Amount: $129,609
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $147,500
  • Market Land Value: $21,364
  • Market Improvement Value: $126,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,784
  • Assessed Land Value: $2,141
  • Assessed Improvements Value: $12,643

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Transaction ID: 11792243679
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201013011517450
  • Previous Sale Recording Date: Feb 06, 2020
  • Previous Sale Contract Date: Feb 04, 2020
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 13, 2020
  • First Mortgage Loan Amount: $129,609
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

About Midwest City



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Frequently Asked Questions

What neighborhood is 1616 Rulane Drive located in?
The 1616 Rulane Drive is a house located in the neighborhood of Oklahoma in Midwest City, Oklahoma City.
What is the average sales price for listings in 1616 Rulane Drive?
The average sales price for units in 1616 Rulane Drive is $133,000 , or $122/sqft. currently.

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