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502 Cottonwood Lane

502 Cottonwood Lane, Tecumseh, OK 74873
Property in Pottawatomie
Sold Apr 14, 2022
$68,000
Sold Oct 15, 2015
$78,000
$78,000 by First United Bank & Trust Co
Mortgage Due Nov 01, 2045
502 Cottonwood Lane in Tecumseh, OK was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 502 Cottonwood Lane has 1,056 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 43,560 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 metal. For those who need parking, there is a attached garage. The garage is 576 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 masonry 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 masonry. 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. The property was last sold in Apr 12, 2022 for $68,000. That's $41.67 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2015 for $78,000. 502 Cottonwood Lane was last assessed in 2023. The total value of the property was assessed at $8,160. Specifically, the land the property is located on was valued at $652. While improvements on the property were assessed at a total of $7,508. 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 $873. 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: 1970
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Traditional
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN HILL ACRES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN HILL ACRES BLK 1 LOT 3

Ownership

  • Current Owner : NOWAK BLAINE EDWARD
  • Current Owner 2: NOWAK DANIELLE CHERIE
  • Previous Owner : LYNN HAMMOND SHERRY
  • Owner Before Previous Owner: ROBERTS STEVEN J
  • Owner Before Previous Owner 2: ROBERTS TIMOTHY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Tecumseh Public Schools
  • School Tax School District: TECUMSEH SD
  • Census Tract: 501101

Geography

  • Assessors Map Reference: 9N-3E-12-SW
  • Account Number: 630027549
  • Parcel: 3870-00-001-003-0-000-00
  • Block: 1
  • Lot: 3
  • Municipality: TECUMSEH
  • Latitude: 35.262
  • Longitude: -96.942

    Address

  • Full Address: 502 Cottonwood Ln
  • Address - House Number: 502
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Tecumseh
  • Carrier Code: C002
  • 4-Digit Zip Code: 1824
  • Zip Code: 74873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $873
  • Tax Rate Code Area: 92TEC

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 85,435
  • High Value: 124,439
  • Low Value: 46,430

    Market Valuation

  • Market Total Value: $68,000
  • Market Land Value: $5,430
  • Market Improvement Value: $62,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,160
  • Assessed Land Value: $652
  • Assessed Improvements Value: $7,508

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11884941309
  • Current Sale Price: $68,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 4870
  • Previous Sale Recording Date: Oct 15, 2015
  • Previous Sale Contract Date: Oct 14, 2015
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 15, 2015
  • Previous Mortgage Loan Amount: $78,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Tecumseh



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Frequently Asked Questions

What neighborhood is 502 Cottonwood Lane located in?
The 502 Cottonwood Lane is a located in the neighborhood of Pottawatomie in Tecumseh, Tecumseh.
What is the average sales price for listings in 502 Cottonwood Lane?
The average sales price for units in 502 Cottonwood Lane is $0 currently.

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