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316 Cotswold Drive

316 Cotswold Drive, Norman, OK 73072
House in Cleveland
Sold Dec 04, 2020
$335,000
$268,000 by Armstrong Bank
Mortgage Due Dec 01, 2050
Sold Jan 03, 2008
$311,500
Local assessors in Norman, OK have categorized 316 Cotswold Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 4,792 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 316 Cotswold Drive has a total of 2,992 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 517 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 a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 steel 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 - B. The building has a hip style roof that was made of wood shake/ shingles. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 316 Cotswold Drive was last sold in Nov 23, 2020 for $335,000. According to our calculations, that's $95.47 per sqft. Prior to that sales transaction, the property was sold for $311,500 in Dec 27, 2007. Current property owners are expected to pay $5,049 in taxes per year. The property on 316 Cotswold Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $43,044. To break that down further, the land itself was valued at $5,394. While improvements to the property were assessed at a total of $37,650. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Steel
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 517
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 3,509
  • Gross Building Area: 3,509
  • Building Area: 2,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKHAVEN SQUARE 3
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROOKHAVEN SQUARE 3RD LT 3A AKA LT 3 AND N10` LT 4 BLK 4

Ownership

  • Current Owner : ROGERS STEPHEN B
  • Current Owner 2: ROBERTS KATHRYN A
  • Previous Owner : COTTEN MARSHALL P
  • Previous Owner 2: COTTEN RITA GAIL
  • Owner Before Previous Owner: MELVIN C HICKS LOVING TRUST
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201512

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9N-3W-26-SW
  • Account Number: 87162
  • Parcel: R0087162
  • Block: 4
  • Lot: 3A
  • Meridian: SEC 26 TWN 09 RNG 03W
  • Municipality: NORMAN SD
  • Latitude: 35.2222
  • Longitude: -97.4902

    Address

  • Full Address: 316 Cotswold Dr
  • Address - House Number: 316
  • Address - Street Name: Cotswold
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: C088
  • 4-Digit Zip Code: 4748
  • Zip Code: 73072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,049
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 455,742
  • High Value: 528,357
  • Low Value: 383,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,000
  • First Open Lien Mortgage Lender: ARMSTRONG BANK
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $268,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $414,476
  • Market Land Value: $51,947
  • Market Improvement Value: $362,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,044
  • Assessed Land Value: $5,394
  • Assessed Improvements Value: $37,650

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11806441775
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2020 44795
  • Previous Sale Recording Date: Jan 03, 2008
  • Previous Sale Contract Date: Dec 27, 2007
  • Previous Sale Amount: $311,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARMSTRONG BANK
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $268,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 316 Cotswold Drive located in?
The 316 Cotswold Drive is a house located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 316 Cotswold Drive?
The average sales price for units in 316 Cotswold Drive is $0 currently.

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