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7124 Michelle Lane

7124 Michelle Lane, Oklahoma City, OK 73127
Multifamily in Royal Oaks
Sold Aug 11, 2022
$145,000
$130,500 by Cornerstone Home Lending Inc
Mortgage Due Sep 01, 2052
Sold Mar 16, 2022
$79,000
$70,000 by Sooner State Bank
Mortgage Due Dec 15, 2022
7124 Michelle Lane in Oklahoma City, OK was first built in 1980 and is 44 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 duplex style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7124 Michelle Lane has 1,197 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 370 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 4,748 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 composition shingle. For those who need parking, there is a attached garage. The garage is 462 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 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 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 Aug 11, 2022 for $145,000. That's $121.14 per sqft. Prior to that sales transaction, the property was also sold in Mar 16, 2022 for $79,000. 7124 Michelle Lane was last assessed in 2023. The total value of the property was assessed at $15,730. Specifically, the land the property is located on was valued at $1,354. While improvements on the property were assessed at a total of $14,376. 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 $1,918. 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. 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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,748
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,197
  • Gross Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,197
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ZUMBRO
  • Land Acres: 0.109
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ZUMBRO 000 000 PT LOT 10 BEG SE/C SD LOT 10 TH N130.34FT SWLY ALONG A CURVE 28.67FT TH SWLY TO A POINT 46FT W OF SE/C LOT 10 TH E46FT TO BEG SUBJ TO EASEMENTS OF RECORD

Ownership

  • Current Owner : KAIN KAYLEE MARIE
  • Current Owner 2: REED JOSHUA KENNETH
  • Previous Owner : SUNRISE PROPERTY SOLUTIONS LLC
  • Owner Before Previous Owner: SHELBY NAVARRE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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: R170161950
  • Parcel: 170161950
  • Lot: 10
  • Meridian: SE4 SEC 29 TWN 12N RNG 04W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4826
  • Longitude: -97.6383

    Address

  • Full Address: 7124 Michelle Ln
  • Address - House Number: 7124
  • 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: $1,918
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 130,885
  • High Value: 157,860
  • Low Value: 103,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,500
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2022
  • First Open Lien Mortgage Loan Amount: $130,500
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $143,000
  • Market Land Value: $12,314
  • Market Improvement Value: $130,686

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,730
  • Assessed Land Value: $1,354
  • Assessed Improvements Value: $14,376

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Transaction ID: 11894417475
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 122707
  • Previous Sale Recording Date: Mar 16, 2022
  • Previous Sale Contract Date: Mar 16, 2022
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Aug 11, 2022
  • First Mortgage Loan Amount: $130,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SOONER STATE BANK
  • Previous Mortgage Transaction Date: Mar 16, 2022
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 8
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 15, 2022

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Frequently Asked Questions

What neighborhood is 7124 Michelle Lane located in?
The 7124 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 7124 Michelle Lane?
The average sales price for units in 7124 Michelle Lane is $0 currently.

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