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823 Willow Lane

823 Willow Lane, Norman, OK 73072
Property in Cleveland
Sold May 29, 2020
$220,000
$220,000 by Navy Fcu
Mortgage Due Jun 01, 2050
Sold May 29, 2020
$330,000
$220,000 by Navy Federal Credit Union
Mortgage
Local assessors in Norman, OK have categorized 823 Willow Lane as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 823 Willow Lane has a total of 1,894 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of asphalt. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 823 Willow Lane was last sold in May 26, 2020 for $220,000. According to our calculations, that's $92.67 per sqft. Prior to that sales transaction, the property was sold for $330,000 in May 26, 2020. Current property owners are expected to pay $0 in taxes per year. The property on 823 Willow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,888. To break that down further, the land itself was valued at $8,360. While improvements to the property were assessed at a total of $16,528. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,374
  • Gross Building Area: 2,374
  • Building Area: 1,894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,894
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOWBROOK
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW BROOK LOT 14 BLK 1

Ownership

  • Current Owner : RALSTON JEREMY D
  • Current Owner 2: RALSTON MARIE
  • Previous Owner : BOND DONNIE RYAN
  • Previous Owner 2: BOND LINDSEY N
  • Owner Before Previous Owner: RYAN BOND DONNIE
  • Owner Before Previous Owner 2: RYAN LINDSEY N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201102

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 8N-2W-06-SW
  • Account Number: 50088
  • Parcel: R0050088
  • Block: 1
  • Lot: 14
  • Meridian: SEC 06 TWN 08 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.1959
  • Longitude: -97.4527

    Address

  • Full Address: 823 Willow Ln
  • Address - House Number: 823
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Norman
  • Carrier Code: C081
  • 4-Digit Zip Code: 7002
  • Zip Code: 73072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 310,750
  • High Value: 360,867
  • Low Value: 260,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: May 29, 2020
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $266,528
  • Market Land Value: $89,532
  • Market Improvement Value: $176,996

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,888
  • Assessed Land Value: $8,360
  • Assessed Improvements Value: $16,528

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Transaction ID: 11763446235
  • Current Sale Price: $220,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R 2020 16524
  • Previous Sale Recording Date: May 29, 2020
  • Previous Sale Contract Date: May 26, 2020
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: May 29, 2020
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: May 29, 2020
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 823 Willow Lane located in?
The 823 Willow Lane is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 823 Willow Lane?
The average sales price for units in 823 Willow Lane is $0 currently.

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