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Logan 73058
880 Kapper Lane
$218,000
● House - Off Market

880 Kapper Lane

Meridian, OK 73058
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,233 Ft²
$247,468
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

From Country Club Drive in OKC to East Guthrie!  This beautiful home has been moved and remodeled and sits on 5 sprawling acres on Highway 105 just 10 minutes east of I-35.  Remodeled items include a NEW ROOF, NEW HVAC SYSTEM, NEW WATER WELL, NEW PLUMBING and NEW SEPTIC!  The beautiful wood floors have also been sanded and stained in the entire house!  NEW siding and insulation, all NEW paint, NEW oven, NEW water tank, and NEW windows in the enlarged Master bedroom.  The bathroom has a NEW vanity and NEW toilet.  Laundry hookup has been relocated from the garage to the Master bedroom for convenience.  Plenty of room to build your shop, barn, riding area, or whatever your heart desires!  Enjoy the amazing Oklahoma sunsets on the NEW concrete patio!  Come take a look today!
Unit Size
1,233 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$190
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MLSOK #OKC1023964)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Aug 8, 2022 Listed by UNITED COUNTRY HEARD AUCTION & RE $234,500
Listed by UNITED COUNTRY HEARD AUCTION & RE
Jul 1, 2020 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 243,500
  • Total Building Area: 1,152
  • Gross Building Area: 320
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005590
  • Standard Land Use Code: 1001
  • County Land Use Code: SF
  • Legal Description 1: 14-16N-01E PT NE/C NE4 NW4; BEG NE/C NE4 NW4 S 8946'24" W 590.14'; S 0013'18" E 59.80' POB; S 0006'20" E 112.58'; N 8947'36

Neighborhood

  • School District Name: Perkins-Tryon Public Schools
  • School Tax School District: PERKINS SD
  • Census Tract: 600600

Geography

  • Account Number: 0011139
  • District: 21
  • Parcel: 420011139
  • Meridian: SEC 14 TWN 16 RNG 01
  • Municipality: PERKINS RURAL P-56
  • Latitude: 35.8682
  • Longitude: -97.1692

    Address

  • Full Address: 880 Kapper Ln
  • Address - House Number: 880
  • Address - Street Name: Kapper
  • Address - Suffix Type: Ln
  • State: OK
  • City Name: Meridian
  • Carrier Code: R001
  • 4-Digit Zip Code: 9712
  • Zip Code: 73058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $236,100
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.442
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 104,198
  • High Value: 150,260
  • Low Value: 58,135

    Market Valuation

  • Market Total Value: $218,681
  • Market Land Value: $36,388
  • Market Improvement Value: $182,293

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,055
  • Assessed Land Value: $4,003
  • Assessed Improvements Value: $20,052

    Sales

  • Current Sale Contract Date: Dec 18, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 14369
  • Previous Sale Recording Date: Dec 19, 2022
  • Previous Sale Contract Date: Nov 17, 2022
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Logan

Stats & Trends

Median Asking:

$339,990

Sale Price/ft²

$175

Above Asking

59.39%

Average Days on Market

66

Average Home Size

2345 ft²

Average Home Age

21 years

Currently For Sale

319 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MLSOK

Listed by: Blake Merritt, UNITED COUNTRY HEARD AUCTION & RE
Last Updated: 2 years ago
Data Source: MLSOK, MLS# OKC1023964
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 MLSOK, Inc. All rights reserved.

Frequently Asked Questions

When was property at 880 Kapper Lane built and last sold?
The property at 880 Kapper Lane was built in 1975 and last sold on Dec 18, 2022 for $38,000.
How much is this home worth?
The estimated value of the home located at 880 Kapper Lane is $0.
What are some comparable homes to 880 Kapper Lane?
There are currently no comparable homes to 880 Kapper Lane.
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