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2332 Northwest 56th Terrace

2332 Northwest 56th Terrace, Oklahoma City, OK 73112
Sold Jan 30, 2019
$544,000
$435,200 by Prosperity Bank
Mortgage Due Jan 28, 2034
Sold Jun 18, 2018
$187,500
$354,940 by The Farmers Bank
Mortgage Due Jun 08, 2019
Local assessors in Oklahoma City, OK have categorized 2332 Northwest 56th Terrace as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 11,543 square feet. The linear feet between the front and back of the lot was measured at 1,520 ft and the front of the lot was measured at 760 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 3 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 2332 Northwest 56th Terrace has a total of 2,936 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 418 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. 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 - C. 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 Jan 29, 2019 for $544,000. That's $185.29 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2018 for $187,500. 2332 Northwest 56th Terrace was last assessed in 2023. The total value of the property was assessed at $66,397. Specifically, the land the property is located on was valued at $6,520. While improvements on the property were assessed at a total of $59,877. 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 $8,155. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,543
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,936
  • Gross Building Area: 2,936
  • Building Area: 2,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILEMAN 6TH
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILEMAN 6TH 003 016

Ownership

  • Current Owner : GONCE ROBERT E
  • Previous Owner : WEATHEERCORP LLC
  • Owner Before Previous Owner: THE FLIPE SIDE LLC
  • Ownership Rights Codes: Revocable 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: 106501

Geography

  • Assessors Map Reference: 12N-3W-07-SE
  • Account Number: R055521425
  • Parcel: 055521425
  • Block: 3
  • Lot: 16
  • Meridian: SE4 SEC 07 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.5293
  • Longitude: -97.5531

    Address

  • Full Address: 2332 Nw 56th Ter
  • Address - House Number: 2332
  • Street Direction: NW
  • Address - Street Name: 56th
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C010
  • 4-Digit Zip Code: 7709
  • Zip Code: 73112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,155
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 708,638
  • High Value: 852,598
  • Low Value: 564,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,200
  • First Open Lien Mortgage Lender: PROSPERITY BANK
  • First Open Lien Mortgage Recording Date: Jan 30, 2019
  • First Open Lien Mortgage Loan Amount: $435,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 28, 2034

    Market Valuation

  • Market Total Value: $640,000
  • Market Land Value: $62,843
  • Market Improvement Value: $577,157

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,397
  • Assessed Land Value: $6,520
  • Assessed Improvements Value: $59,877

    Sales

  • Current Sale Contract Date: Jan 29, 2019
  • Current Sale Recording Date: Jan 30, 2019
  • Current Sale Transaction ID: 11565486635
  • Current Sale Price: $544,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190130010122310
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Contract Date: Jun 08, 2018
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY BANK
  • First Mortgage Transaction Date: Jan 30, 2019
  • First Mortgage Loan Amount: $435,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 28, 2034

    Previous Mortgages

  • Previous Mortgage Lender: THE FARMERS BANK
  • Previous Mortgage Transaction Date: Jun 18, 2018
  • Previous Mortgage Loan Amount: $354,940
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jun 08, 2019

About Central Oklahoma City



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Frequently Asked Questions

What neighborhood is 2332 Northwest 56th Terrace located in?
The 2332 Northwest 56th Terrace is a house located in the neighborhood of Wilemans Belle Isle in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 2332 Northwest 56th Terrace?
The average sales price for units in 2332 Northwest 56th Terrace is $559,995 , or $186/sqft. currently.

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