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2942 Northwest 16th Street

2942 Northwest 16th Street, Oklahoma City, OK 73107
Property in Reed Park
Sold Nov 29, 2006
$59,000
$59,000 by Novastar Mortgage Inc
Mortgage Due Dec 01, 2036
Sold Feb 25, 2003
$41,500
Buyer
Local assessors in Oklahoma City, OK have categorized 2942 Northwest 16th Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 7,275 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 540 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, 2 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 is also a partial bathroom. 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 2942 Northwest 16th Street has a total of 1,296 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 280 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 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 a combination of material were used in the construction of the exterior walls of the home. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2942 Northwest 16th Street was last sold in Nov 27, 2006 for $59,000. According to our calculations, that's $45.52 per sqft. Prior to that sales transaction, the property was sold for $41,500 in Feb 21, 2003. Current property owners are expected to pay $1,137 in taxes per year. The property on 2942 Northwest 16th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $9,257. To break that down further, the land itself was valued at $1,475. While improvements to the property were assessed at a total of $7,782. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Carport
  • Garage Square Area: 280
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,275
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STANLEY HEIGHTS ADD
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STANLEY HEIGHTS ADD 001 000 LOTS 22 & 23

Ownership

  • Current Owner : BEESON LEE MILTON
  • Current Owner 2: BEESON BERNADINE MAY
  • Previous Owner : JONES DON
  • Previous Owner 2: JONES DIANE JEAN
  • Owner Before Previous Owner: RAMBO LEWIS RAY

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 102200

Geography

  • Assessors Map Reference: 12N-4W-25-SE
  • Account Number: R064382400
  • Parcel: 064382400
  • Block: 1
  • Lot: 22,23
  • Meridian: SE4 SEC 25 TWN 12N RNG 04W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4857
  • Longitude: -97.5676

    Address

  • Full Address: 2942 Nw 16th St
  • Address - House Number: 2942
  • Street Direction: NW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C018
  • 4-Digit Zip Code: 4719
  • Zip Code: 73107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,137
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 163,055
  • High Value: 202,912
  • Low Value: 123,197

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $59,000
  • First Open Lien Mortgage Lender: NOVASTAR MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2006
  • First Open Lien Mortgage Loan Amount: $59,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $123,500
  • Market Land Value: $19,683
  • Market Improvement Value: $103,817

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,257
  • Assessed Land Value: $1,475
  • Assessed Improvements Value: $7,782

    Sales

  • Current Sale Contract Date: Nov 27, 2006
  • Current Sale Recording Date: Nov 29, 2006
  • Current Sale Transaction ID: 1199711064
  • Current Sale Price: $59,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006177031
  • Previous Sale Recording Date: Feb 25, 2003
  • Previous Sale Contract Date: Feb 21, 2003
  • Previous Sale Amount: $41,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVASTAR MORTGAGE INC
  • First Mortgage Transaction Date: Nov 29, 2006
  • First Mortgage Loan Amount: $59,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 2942 Northwest 16th Street located in?
The 2942 Northwest 16th Street is a located in the neighborhood of Reed Park in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 2942 Northwest 16th Street?
The average sales price for units in 2942 Northwest 16th Street is $0 currently.

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