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7120 Michelle Lane

7120 Michelle Lane, Oklahoma City, OK 73127
Multifamily in Royal Oaks
Sold Jul 30, 2020
$160,000
$119,925 by Caliber Home Loans Inc
Mortgage Due Aug 01, 2050
Sold Jun 03, 2011
$70,000
7120 Michelle Lane has been categorized by the local assessors in Oklahoma City, OK as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7120 Michelle Lane has 2,072 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 9,801 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,066 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7120 Michelle Lane sold most recently in Jul 17, 2020 for a total of $160,000. If you work out the math, that's approximately a cost of $77.22 per sqft. Before that, the property was also sold for $70,000 in Jun 3, 2011. 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 $2,182 in taxes each year. 7120 Michelle Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,902. If we break it down further, the land itself was valued at $2,127. Improvements to the property, however, were assessed at a total of $15,775. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,066
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 9,801
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,072
  • Gross Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ZUMBRO
  • Land Acres: 0.225
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ZUMBRO 000 011

Ownership

  • Current Owner : WU EVAN
  • Current Owner 2: BANFIELD MARY COBLEIGH
  • Previous Owner : HENKE MARY JO
  • Previous Owner 2: HENKE RONALD STEPHEN
  • Owner Before Previous Owner: HENKE RON S
  • Owner Before Previous Owner 2: HENKE DAVID P
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Putnam City Public Schools
  • School Tax School District: PUTNAM CITY SD
  • Census Tract: 106909

Geography

  • Assessors Map Reference: 12N-4W-29-SE
  • Account Number: R170162000
  • Parcel: 170162000
  • Lot: 11
  • Meridian: SE4 SEC 29 TWN 12N RNG 04W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4827
  • Longitude: -97.6381

    Address

  • Full Address: 7120 Michelle Ln
  • Address - House Number: 7120
  • Address - Street Name: Michelle
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C064
  • 4-Digit Zip Code: 3266
  • Zip Code: 73127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,182
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 220,786
  • High Value: 266,605
  • Low Value: 174,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,925
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $119,925
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $214,500
  • Market Land Value: $25,480
  • Market Improvement Value: $189,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,902
  • Assessed Land Value: $2,127
  • Assessed Improvements Value: $15,775

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11776021885
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200730011099070
  • Previous Sale Recording Date: Jun 03, 2011
  • Previous Sale Contract Date: Jun 03, 2011
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $119,925
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Central Oklahoma City



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Frequently Asked Questions

What neighborhood is 7120 Michelle Lane located in?
The 7120 Michelle Lane is a multifamily located in the neighborhood of Royal Oaks in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 7120 Michelle Lane?
The average sales price for units in 7120 Michelle Lane is $0 currently.

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