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7300 Nichols Road

7300 Nichols Road, Oklahoma City, OK 73120
Sold Jun 22, 2021
$1,100,000
$960,000 by Bancfirst
Mortgage
Sold Apr 29, 2020
$1,200,000
$960,000 by Bancfirst
Mortgage
7300 Nichols Road 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 1963 and is 61 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7300 Nichols Road has 8,820 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 49,223 square feet.

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 garage for those who require parking. The garage measured 1,222 sqft. According to our sources, there are a total of 5 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 excellent. 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 A by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick. 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. The property was last sold in Jun 11, 2021 for $1,100,000. That's $124.72 per sqft. Prior to that sales transaction, the property was also sold in Apr 22, 2020 for $1,200,000. 7300 Nichols Road was last assessed in 2023. The total value of the property was assessed at $145,639. Specifically, the land the property is located on was valued at $24,918. While improvements on the property were assessed at a total of $120,721. 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 $20,208. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 1,222
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 8,820
  • Gross Building Area: 8,820
  • Building Area: 8,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUTTRAM ESTATES
  • Land Acres: 1.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BUTTRAM ESTATES 000 008

Ownership

  • Current Owner : BROWN FAMILY TRUST
  • Previous Owner : JANKOWSKY JOSEPH SIMON
  • Previous Owner 2: TURNER JOHN B
  • Owner Before Previous Owner: MARY D NICHOLS REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 106403

Geography

  • Assessors Map Reference: 13N-3W-32-SW
  • Account Number: R169611075
  • Parcel: 169611075
  • Lot: 8
  • Meridian: SW4 SEC 32 TWN 13N RNG 03W
  • Municipality: NICHOLS HILLS
  • Latitude: 35.5553
  • Longitude: -97.5452

    Address

  • Full Address: 7300 Nichols Rd
  • Address - House Number: 7300
  • Address - Street Name: Nichols
  • Address - Suffix Type: Rd
  • State: OK
  • City Name: Nichols Hills
  • Carrier Code: C039
  • 4-Digit Zip Code: 1226
  • Zip Code: 73120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,208
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 1,555,961
  • High Value: 1,829,584
  • Low Value: 1,282,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: BANCFIRST
  • First Open Lien Mortgage Recording Date: Apr 29, 2020
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $1,862,500
  • Market Land Value: $318,660
  • Market Improvement Value: $1,543,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,639
  • Assessed Land Value: $24,918
  • Assessed Improvements Value: $120,721

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11840868311
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021062201110864
  • Previous Sale Recording Date: Apr 29, 2020
  • Previous Sale Contract Date: Apr 22, 2020
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDER SELECT MORTGAGE GROUP
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $860,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANCFIRST
  • Previous Mortgage Transaction Date: Apr 29, 2020
  • Previous Mortgage Loan Amount: $960,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 7300 Nichols Road located in?
The 7300 Nichols Road is a house located in the neighborhood of Central Oklahoma City in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 7300 Nichols Road?
The average sales price for units in 7300 Nichols Road is $0 currently.

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