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2620 Elwood Drive

2620 Elwood Drive, Edmond, OK 73013
Multifamily in Oklahoma
Sold Feb 19, 2020
$165,000
$710,500 by Quail Creek Bank Na
Mortgage Due Feb 25, 2027
2620 Elwood Drive in Edmond, OK was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2620 Elwood Drive has 2,220 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. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,760. In total, the area measurement of the land is 9,670 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 400 sqft. There are a total of 3 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 quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 2620 Elwood Drive sold most recently in Feb 19, 2020 for a total of $165,000. If you work out the math, that's approximately a cost of $74.32 per sqft. 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 $2,079 in taxes each year. 2620 Elwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,948. If we break it down further, the land itself was valued at $2,656. Improvements to the property, however, were assessed at a total of $17,292. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,670
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELWOOD HTS SEC 5
  • Land Acres: 0.222
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ELWOOD HTS SEC 5 012 004

Ownership

  • Current Owner : BRYAN JOHN W
  • Previous Owner : REESER RENTALS LLC

Neighborhood

  • School District Name: Edmond Public Schools
  • School Tax School District: EDMOND SD - VT2
  • Census Tract: 108304

Geography

  • Assessors Map Reference: 13N-3W-02-SE
  • Account Number: R182241020
  • Section: 5
  • Parcel: 182241020
  • Block: 12
  • Lot: 4
  • Meridian: SE4 SEC 02 TWN 13N RNG 03W
  • Municipality: EDMOND CITY
  • Latitude: 35.6259
  • Longitude: -97.483

    Address

  • Full Address: 2620 Elwood Dr
  • Address - House Number: 2620
  • Address - Street Name: Elwood
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Edmond
  • Carrier Code: C068
  • 4-Digit Zip Code: 4422
  • Zip Code: 73013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,079
  • Tax Rate Code Area: 512

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 265,279
  • High Value: 311,930
  • Low Value: 218,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $710,500
  • First Open Lien Mortgage Lender: QUAIL CREEK BANK NA
  • First Open Lien Mortgage Recording Date: Feb 19, 2020
  • First Open Lien Mortgage Loan Amount: $710,500
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 25, 2027

    Market Valuation

  • Market Total Value: $254,500
  • Market Land Value: $33,880
  • Market Improvement Value: $220,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,948
  • Assessed Land Value: $2,656
  • Assessed Improvements Value: $17,292

    Sales

  • Current Sale Contract Date: Feb 19, 2020
  • Current Sale Recording Date: Feb 19, 2020
  • Current Sale Transaction ID: 11737131686
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200219010234710

    Last Sale Mortgage

  • First Mortgage Lender: QUAIL CREEK BANK NA
  • First Mortgage Transaction Date: Feb 19, 2020
  • First Mortgage Loan Amount: $710,500
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Feb 25, 2027

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Frequently Asked Questions

What neighborhood is 2620 Elwood Drive located in?
The 2620 Elwood Drive is a multifamily located in the neighborhood of Oklahoma in Edmond, Edmond.
What is the average sales price for listings in 2620 Elwood Drive?
The average sales price for units in 2620 Elwood Drive is $0 currently.

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