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314 Willoway Drive

314 Willoway Drive, Norman, OK 73072
Property in Cleveland
Sold Jun 16, 2016
$110,000
$82,500 by Republic Bank & Trust
Mortgage Due Jul 01, 2031
Sold Dec 07, 2005
$103,000
314 Willoway Drive in Norman, OK was first built in 1978 and is 46 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. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 314 Willoway Drive has 1,704 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. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 steel control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 314 Willoway Drive was last sold in Jun 10, 2016 for $110,000. According to our calculations, that's $64.55 per sqft. Prior to that sales transaction, the property was sold for $103,000 in Dec 6, 2005. Current property owners are expected to pay $1,544 in taxes per year. The property on 314 Willoway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,863. To break that down further, the land itself was valued at $2,917. While improvements to the property were assessed at a total of $9,946. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Steel
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOWAY ESTATES
  • Land Acres: 0.2
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WILLOWAY EST LOT 1 BLK 4

Ownership

  • Current Owner : WATKINS KEVIN E
  • Current Owner 2: WATKINS ALEXIS A
  • Previous Owner : WILLIAMS KEITH L
  • Previous Owner 2: WILLIAMS DEBORAH K
  • Owner Before Previous Owner: YOUNKINS MARY LOU
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201508

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 9N-3W-34-NW
  • Account Number: 50185
  • Parcel: R0050185
  • Block: 4
  • Lot: 1
  • Meridian: SEC 34 TWN 09 RNG 03W
  • Municipality: NORMAN SD
  • Latitude: 35.2151
  • Longitude: -97.5044

    Address

  • Full Address: 314 Willoway Dr
  • Address - House Number: 314
  • Address - Street Name: Willoway
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: R007
  • 4-Digit Zip Code: 4924
  • Zip Code: 73072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,544
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 178,769
  • High Value: 209,483
  • Low Value: 148,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,500
  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 16, 2016
  • First Open Lien Mortgage Loan Amount: $82,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $174,453
  • Market Land Value: $39,567
  • Market Improvement Value: $134,886

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,863
  • Assessed Land Value: $2,917
  • Assessed Improvements Value: $9,946

    Sales

  • Current Sale Contract Date: Jun 10, 2016
  • Current Sale Recording Date: Jun 16, 2016
  • Current Sale Transaction ID: 1709484735
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2016 19295
  • Previous Sale Recording Date: Dec 07, 2005
  • Previous Sale Contract Date: Dec 06, 2005
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC BANK & TRUST
  • First Mortgage Transaction Date: Jun 16, 2016
  • First Mortgage Loan Amount: $82,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2031

About Norman



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Frequently Asked Questions

What neighborhood is 314 Willoway Drive located in?
The 314 Willoway Drive is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 314 Willoway Drive?
The average sales price for units in 314 Willoway Drive is $0 currently.

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