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4119 Potomac Drive

4119 Potomac Drive, Norman, OK 73072
Property in Cleveland
Sold Nov 12, 2021
$115,000
$92,000 by Encore Bank
Mortgage Due Dec 01, 2051
Sold Jun 03, 2009
$97,500
$89,285 by First United Bank & Trust Co
Mortgage Due Jul 01, 2039
4119 Potomac Drive in Norman, OK was first built in 1983 and is 41 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, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4119 Potomac Drive has 1,276 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 6,970 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip 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. For those who need parking, there is a attached garage. The garage is 504 sqft. There are a total of 2 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 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. The property was last sold in Nov 9, 2021 for $115,000. That's $64.61 per sqft. Prior to that sales transaction, the property was also sold in Jun 2, 2009 for $97,500. 4119 Potomac Drive was last assessed in 2023. The total value of the property was assessed at $13,765. Specifically, the land the property is located on was valued at $2,693. While improvements on the property were assessed at a total of $11,072. 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 $1,653. 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. 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • 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: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,780
  • Gross Building Area: 1,780
  • Building Area: 1,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERITAGE PL II SEC 2
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HERITAGE PLACE II SEC 2 LOT 12 BLK 8

Ownership

  • Current Owner : HANSON KELLY C
  • Previous Owner : HOLDERREAD JASON
  • Previous Owner 2: HOLDERREAD BETHANY
  • Owner Before Previous Owner: EATON MARY MARGUERITE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201511

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 9N-3W-27-SE
  • Account Number: 34857
  • Section: 2
  • Parcel: R0034857
  • Block: 8
  • Lot: 12
  • Meridian: SEC 27 TWN 09 RNG 03W
  • Municipality: NORMAN SD
  • Latitude: 35.2219
  • Longitude: -97.5028

    Address

  • Full Address: 4119 Potomac Dr
  • Address - House Number: 4119
  • Address - Street Name: Potomac
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: R007
  • 4-Digit Zip Code: 4537
  • Zip Code: 73072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,653
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 167,704
  • High Value: 196,517
  • Low Value: 138,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,000
  • First Open Lien Mortgage Lender: ENCORE BANK
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $92,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $152,106
  • Market Land Value: $29,761
  • Market Improvement Value: $122,345

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,765
  • Assessed Land Value: $2,693
  • Assessed Improvements Value: $11,072

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11869130675
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2021 48274
  • Previous Sale Recording Date: Jun 03, 2009
  • Previous Sale Contract Date: Jun 02, 2009
  • Previous Sale Amount: $97,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENCORE BANK
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $92,000
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jun 03, 2009
  • Previous Mortgage Loan Amount: $89,285
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 4119 Potomac Drive located in?
The 4119 Potomac Drive is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 4119 Potomac Drive?
The average sales price for units in 4119 Potomac Drive is $0 currently.

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