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315 College Avenue

315 College Avenue, Norman, OK 73069
Property in University
Sold Dec 02, 2009
$130,000
$134,916 by First Bank & Trust Co
Mortgage Due Jan 11, 2041
Sold Aug 14, 2003
$87,000
315 College Avenue has been categorized by the local assessors in Norman, OK as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 315 College Avenue has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,614 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 208 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Nov 25, 2009 for $130,000. That's $135.42 per sqft. Prior to that sales transaction, the property was also sold in Aug 14, 2003 for $87,000. 315 College Avenue was last assessed in 2023. The total value of the property was assessed at $16,145. Specifically, the land the property is located on was valued at $6,198. While improvements on the property were assessed at a total of $9,947. 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 $1,937. 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. 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: 1940
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Steel
  • Building Style: Conventional
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 208
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAGGONERS FIRST
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WAGGONER N 40` OF LOTS 14-16 BLK 19

Ownership

  • Current Owner : SCHAFF SMITH SARAH B
  • Previous Owner : FREDRICKSON KIRK D
  • Previous Owner 2: FREDRICKSON JULIE
  • Owner Before Previous Owner: ISELIN SARAH C

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 200500

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 9N-2W-31-NE
  • Account Number: 37888
  • Parcel: R0037888
  • Block: 19
  • Lot: 14
  • Meridian: SEC 31 TWN 09 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.2154
  • Longitude: -97.4491

    Address

  • Full Address: 315 College Ave
  • Address - House Number: 315
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Norman
  • Carrier Code: C002
  • 4-Digit Zip Code: 5604
  • Zip Code: 73069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,937
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 200,072
  • High Value: 234,270
  • Low Value: 165,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,916
  • First Open Lien Mortgage Lender: FIRST BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jan 22, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $134,916
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 11, 2041

    Market Valuation

  • Market Total Value: $149,464
  • Market Land Value: $57,379
  • Market Improvement Value: $92,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,145
  • Assessed Land Value: $6,198
  • Assessed Improvements Value: $9,947

    Sales

  • Current Sale Contract Date: Nov 25, 2009
  • Current Sale Recording Date: Dec 02, 2009
  • Current Sale Transaction ID: 11465315930
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2009 46673
  • Previous Sale Recording Date: Aug 14, 2003
  • Previous Sale Contract Date: Aug 14, 2003
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: Warranty Deed

About University



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Frequently Asked Questions

What neighborhood is 315 College Avenue located in?
The 315 College Avenue is a located in the neighborhood of University in University, Norman.
What is the average sales price for listings in 315 College Avenue?
The average sales price for units in 315 College Avenue is $0 currently.

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