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4205 Northeast 16th Terrace

4205 Northeast 16th Terrace, Oklahoma City, OK 73121
Sold Nov 23, 2020
$82,500
$66,000 by First Liberty Bank
Mortgage
Sold Jul 31, 2020
$47,500
$51,878 by Bancfirst
Mortgage Due Jul 23, 2040
4205 Northeast 16th Terrace in Oklahoma City, OK was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4205 Northeast 16th Terrace has 696 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,492 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of metal. For those who need parking, there is a carport. The garage is 240 sqft. There is one available parking space. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4205 Northeast 16th Terrace sold most recently in Nov 18, 2020 for a total of $82,500. If you work out the math, that's approximately a cost of $118.53 per sqft. Before that, the property was also sold for $47,500 in Jul 27, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,128 in taxes each year. 4205 Northeast 16th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,185. If we break it down further, the land itself was valued at $1,361. Improvements to the property, however, were assessed at a total of $7,824. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 696
  • Gross Building Area: 696
  • Building Area: 696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAYS GARDEN ADDITION
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAYS GARDEN ADDITION 003 000 E45FT OF LOT 19 & W5FT LOT 20

Ownership

  • Current Owner : 4205 NE 16TH TERRACE LLC
  • Previous Owner : SILK JAKE D
  • Previous Owner 2: SILK CHARLOTTE
  • Owner Before Previous Owner: JACKSON AUSTIN RAY
  • Owner Before Previous Owner 2: JACKSON MALLORY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Midwest City-Del City Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 107900

Geography

  • Assessors Map Reference: 12N-2W-29-NW
  • Account Number: R146270830
  • Parcel: 146270830
  • Block: 3
  • Lot: 19,20
  • Meridian: NW4 SEC 29 TWN 12N RNG 02W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4876
  • Longitude: -97.4412

    Address

  • Full Address: 4205 Ne 16th Ter
  • Address - House Number: 4205
  • Street Direction: NE
  • Address - Street Name: 16th
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C033
  • 4-Digit Zip Code: 7201
  • Zip Code: 73121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,128
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 115,803
  • High Value: 142,074
  • Low Value: 89,533

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,000
  • First Open Lien Mortgage Lender: FIRST LIBERTY BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $66,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $83,500
  • Market Land Value: $12,375
  • Market Improvement Value: $71,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,185
  • Assessed Land Value: $1,361
  • Assessed Improvements Value: $7,824

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11804736864
  • Current Sale Price: $82,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201123011741190
  • Previous Sale Recording Date: Jul 31, 2020
  • Previous Sale Contract Date: Jul 27, 2020
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST LIBERTY BANK
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $66,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANCFIRST
  • Previous Mortgage Transaction Date: Jul 31, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $51,878
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 23, 2040

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4205 Northeast 16th Terrace located in?
The 4205 Northeast 16th Terrace is a house located in the neighborhood of Central Oklahoma City in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 4205 Northeast 16th Terrace?
The average sales price for units in 4205 Northeast 16th Terrace is $50,000 , or $72/sqft. currently.

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