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506 Kansas Street

506 Kansas Street, Norman, OK 73069
Property in Cleveland
Sold Apr 10, 2019
$190,000
$180,500 by Republic Bank & Trust
Mortgage Due May 01, 2049
Sold Jan 05, 2007
$51,000
$67,250 by Mcclain Bank
Mortgage Due Oct 04, 2007
506 Kansas Street in Norman, OK was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 0 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. 506 Kansas Street has 1,312 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 6,098 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 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 detached garage. The garage is 399 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 steel 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. 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 a window/unit air conditioning. 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, 506 Kansas Street sold most recently in Apr 9, 2019 for a total of $190,000. If you work out the math, that's approximately a cost of $144.82 per sqft. Before that, the property was also sold for $51,000 in Jan 4, 2007. 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 $2,718 in taxes each year. 506 Kansas Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,634. If we break it down further, the land itself was valued at $3,600. Improvements to the property, however, were assessed at a total of $19,034. 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. 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.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: 1940
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Steel
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • 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: 399
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WATSON
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WATSON LOTS 6-7 BLK 2

Ownership

  • Current Owner : MANN LAUREN W
  • Previous Owner : SCHMIDT BILL R
  • Previous Owner 2: SCHMIDT MARGARET R
  • Owner Before Previous Owner: BINION BRAIN N
  • Owner Before Previous Owner 2: BINION BRIAN
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 10, 2024

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 200400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9N-2W-30-SW
  • Account Number: 48156
  • Parcel: R0048156
  • Block: 2
  • Lot: 6
  • Meridian: SEC 30 TWN 09 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.2219
  • Longitude: -97.4522

    Address

  • Full Address: 506 Kansas St
  • Address - House Number: 506
  • Address - Street Name: Kansas
  • Address - Suffix Type: St
  • State: OK
  • City Name: Norman
  • Carrier Code: C021
  • 4-Digit Zip Code: 7028
  • Zip Code: 73069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,718
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 244,703
  • High Value: 284,842
  • Low Value: 204,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,500
  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST
  • First Open Lien Mortgage Recording Date: Apr 10, 2019
  • First Open Lien Mortgage Loan Amount: $180,500
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $188,618
  • Market Land Value: $30,000
  • Market Improvement Value: $158,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,634
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $19,034

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 10, 2019
  • Current Sale Transaction ID: 11598327971
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2019 10210
  • Previous Sale Recording Date: Jan 05, 2007
  • Previous Sale Contract Date: Jan 04, 2007
  • Previous Sale Amount: $51,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC BANK & TRUST
  • First Mortgage Transaction Date: Apr 10, 2019
  • First Mortgage Loan Amount: $180,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MCCLAIN BANK
  • Previous Mortgage Transaction Date: Jan 05, 2007
  • Previous Mortgage Loan Amount: $67,250
  • Previous Mortgage Term: 8
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Oct 04, 2007

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Frequently Asked Questions

What neighborhood is 506 Kansas Street located in?
The 506 Kansas Street is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 506 Kansas Street?
The average sales price for units in 506 Kansas Street is $0 currently.

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