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9 Oakwood Drive

9 Oakwood Drive, Oklahoma City, OK 73121
Sold Oct 07, 2022
$450,000
$360,000 by First Fidelity Bank
Mortgage Due May 17, 2026
Sold Nov 03, 2021
$385,000
$32,725,000 by Hometown Lenders Inc
Mortgage Due Nov 01, 2051
Local assessors in Oklahoma City, OK have categorized 9 Oakwood Drive as a residential type of property. The home was built in 1937 and is 87 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 56,192 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9 Oakwood Drive has a total of 2,877 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. 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 483 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 frame 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 - B. The building has a gable style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. 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. 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, 9 Oakwood Drive sold most recently in Oct 7, 2022 for a total of $450,000. If you work out the math, that's approximately a cost of $156.41 per sqft. Before that, the property was also sold for $385,000 in Oct 29, 2021. 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 $5,164 in taxes each year. The initial year of tax delinquency occurred in 2022. 9 Oakwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,740. If we break it down further, the land itself was valued at $5,676. Improvements to the property, however, were assessed at a total of $42,064. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1937
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 150
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 56,192
  • Total Building Area: 2,877
  • Gross Building Area: 2,877
  • Building Area: 2,877
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,877
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNPLTD PT SEC 18 12N 2W
  • Land Acres: 1.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNPLTD PT OF SE4 SEC 18 12N 2W KNOWN AS TR 9 UNREC PLAT OF TWIN HILLS ESTATE AKA BEG 1000FT N & 700FT SLY OF SE/C SE4 TH W231.25FT NWLY250.6FT E221.9FT SELY251.1FT TO BEG

Ownership

  • Current Owner : BURCHFIELD DUSTIN
  • Current Owner 2: BURCHFIELD ANDREA
  • Previous Owner : DREW STEPHEN
  • Previous Owner 2: DREW LAURA
  • Owner Before Previous Owner: HATCHER ELIZABETH M
  • Owner Before Previous Owner 2: HATCHER RICHARD T
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Midwest City-Del City Schools
  • School Tax School District: MID-DEL SD - RS
  • Census Tract: 106000

Geography

  • Assessors Map Reference: 12N-2W-18-SE
  • Account Number: R199723845
  • Subdivision Tract Number: 9
  • Parcel: 199723845
  • Meridian: SE4 SEC 18 TWN 12N RNG 02W
  • Municipality: FOREST PARK
  • Latitude: 35.5109
  • Longitude: -97.4445

    Address

  • Full Address: 9 Oakwood Dr
  • Address - House Number: 9
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C030
  • 4-Digit Zip Code: 5410
  • Zip Code: 73121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,164
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 852

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 458,258
  • High Value: 534,817
  • Low Value: 381,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FIRST FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 17, 2026

    Market Valuation

  • Market Total Value: $434,000
  • Market Land Value: $51,600
  • Market Improvement Value: $382,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,740
  • Assessed Land Value: $5,676
  • Assessed Improvements Value: $42,064

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Transaction ID: 11896905476
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 150826
  • Previous Sale Recording Date: Nov 03, 2021
  • Previous Sale Contract Date: Oct 29, 2021
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMETOWN LENDERS INC
  • Previous Mortgage Transaction Date: Nov 03, 2021
  • Previous Mortgage Loan Amount: $32,725,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2051

About Central Oklahoma City



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Frequently Asked Questions

What neighborhood is 9 Oakwood Drive located in?
The 9 Oakwood Drive is a located in the neighborhood of Central Oklahoma City in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 9 Oakwood Drive?
The average sales price for units in 9 Oakwood Drive is $0 currently.

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