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525 Southwest 164th Terrace

525 Southwest 164th Terrace, Oklahoma City, OK 73170
Sold Feb 10, 2022
$245,000
$240,562 by Gateway Mortgage
Mortgage Due Mar 01, 2052
Sold Feb 16, 2012
$166,000
$165,900 by Red Rock Mortgage & Lending Ll
Mortgage Due Mar 01, 2042
525 Southwest 164th Terrace in Oklahoma City, OK was first built in 2005 and is 19 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 conventional 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. 525 Southwest 164th Terrace has 1,816 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. For those who need parking, there is a attached garage. The garage is 658 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 Feb 9, 2022 for $245,000. That's $99.03 per sqft. Prior to that sales transaction, the property was also sold in Feb 14, 2012 for $166,000. 525 Southwest 164th Terrace was last assessed in 2023. The total value of the property was assessed at $28,699. Specifically, the land the property is located on was valued at $4,620. While improvements on the property were assessed at a total of $24,079. 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 $3,508. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Steel
  • Building Style: Conventional
  • 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: 658
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,474
  • Gross Building Area: 2,474
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE MEADOWS SOUTH 4
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONE MEADOWS SOUTH SEC 4 LOT 22 BLOCK 22

Ownership

  • Current Owner : KIMBER MATTHEW T
  • Previous Owner : NEWTON MICHAEL R
  • Previous Owner 2: NEWTON ASHLEY L
  • Owner Before Previous Owner: SCOTT JAY R
  • Owner Before Previous Owner 2: SCOTT VICKIE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Moore Public Schools
  • School Tax School District: MOORE SD
  • Census Tract: 202205

Geography

  • Assessors Map Reference: 10N-3W-28-SW
  • Account Number: 141816
  • Section: 4
  • Parcel: R0141816
  • Block: 22
  • Lot: 22
  • Meridian: SEC 28 TWN 10 RNG 03W
  • Municipality: MOORE SD-OKC
  • Latitude: 35.3061
  • Longitude: -97.523

    Address

  • Full Address: 525 Sw 164th Ter
  • Address - House Number: 525
  • Street Direction: SW
  • Address - Street Name: 164th
  • Address - Suffix Type: Ter
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: R034
  • 4-Digit Zip Code: 7705
  • Zip Code: 73170

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,508
  • Tax Rate Code Area: OCC2

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 269,678
  • High Value: 313,788
  • Low Value: 225,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,562
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Loan Amount: $240,562
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $239,164
  • Market Land Value: $38,500
  • Market Improvement Value: $200,664

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,699
  • Assessed Land Value: $4,620
  • Assessed Improvements Value: $24,079

    Sales

  • Current Sale Contract Date: Feb 09, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Transaction ID: 11887961447
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4973
  • Previous Sale Recording Date: Feb 16, 2012
  • Previous Sale Contract Date: Feb 14, 2012
  • Previous Sale Amount: $166,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE
  • First Mortgage Transaction Date: Feb 10, 2022
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: RED ROCK MORTGAGE & LENDING LL
  • Previous Mortgage Transaction Date: Feb 16, 2012
  • Previous Mortgage Loan Amount: $165,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2042

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Frequently Asked Questions

What neighborhood is 525 Southwest 164th Terrace located in?
The 525 Southwest 164th Terrace is a located in the neighborhood of South Oklahoma City in South Oklahoma City, Oklahoma City.
What is the average sales price for listings in 525 Southwest 164th Terrace?
The average sales price for units in 525 Southwest 164th Terrace is $0 currently.

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