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1416 Newbury Drive

1416 Newbury Drive, Norman, OK 73071
Property in Cleveland
Sold Oct 14, 2020
Transfer
$184,110 by Financial Concepts Mortgage Ll
Mortgage Due Mar 01, 2042
Sold Feb 23, 2012
$194,000
$184,110 by Financial Concepts Mortgage Ll
Mortgage Due Mar 01, 2042
Local assessors in Norman, OK have categorized 1416 Newbury Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 12,632 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 6 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 2 full bathrooms. There are also 2 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 1416 Newbury Drive has a total of 2,218 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 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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. Prior to that sales transaction, the property was also sold in Feb 17, 2012 for $194,000. 1416 Newbury Drive was last assessed in 2023. The total value of the property was assessed at $26,663. Specifically, the land the property is located on was valued at $4,010. While improvements on the property were assessed at a total of $22,653. 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 $3,201. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • 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: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,938
  • Gross Building Area: 2,938
  • Building Area: 2,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE 4
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLACE 4 LT 3 BLK 1

Ownership

  • Current Owner : ZORBA PHILIP MICHAEL
  • Current Owner 2: ZORBA NICOL
  • Previous Owner : MICHAEL ZORBA PHILIP
  • Previous Owner 2: MICHAEL MARIE NICOLE
  • Owner Before Previous Owner: PORTER CHRIS
  • Owner Before Previous Owner 2: PORTER JULIE
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 200800

Geography

  • Assessors Map Reference: 9N-2W-21-NW
  • Account Number: 102778
  • Parcel: R0102778
  • Block: 1
  • Lot: 3
  • Meridian: SEC 21 TWN 09 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.2403
  • Longitude: -97.4199

    Address

  • Full Address: 1416 Newbury Dr
  • Address - House Number: 1416
  • Address - Street Name: Newbury
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: C052
  • 4-Digit Zip Code: 3815
  • Zip Code: 73071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,201
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 310,270
  • High Value: 363,305
  • Low Value: 257,236

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,610
  • First Open Lien Mortgage Lender: FINANCIAL CONCEPTS MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Feb 23, 2012
  • First Open Lien Mortgage Loan Amount: $184,110
  • 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: Mar 01, 2042
  • Second Open Lien Mortgage Lender: REPUBLIC BANK & TRUST
  • Second Open Lien Mortgage Recording Date: Sep 11, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $33,500
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Sep 15, 2038

    Market Valuation

  • Market Total Value: $272,963
  • Market Land Value: $41,060
  • Market Improvement Value: $231,903

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,663
  • Assessed Land Value: $4,010
  • Assessed Improvements Value: $22,653

    Sales

  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11798014753
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37403
  • Previous Sale Recording Date: Feb 23, 2012
  • Previous Sale Contract Date: Feb 17, 2012
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL CONCEPTS MORTGAGE LL
  • Previous Mortgage Transaction Date: Feb 23, 2012
  • Previous Mortgage Loan Amount: $184,110
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2042

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Frequently Asked Questions

What neighborhood is 1416 Newbury Drive located in?
The 1416 Newbury Drive is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 1416 Newbury Drive?
The average sales price for units in 1416 Newbury Drive is $0 currently.

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