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2809 Lochwood Drive

2809 Lochwood Drive, Norman, OK 73071
House in Cleveland
Sold May 18, 2020
$194,000
$190,486 by Bore Na
Mortgage
Sold May 18, 2020
$291,000
$190,486 by Bore Na
Mortgage
2809 Lochwood Drive has been categorized by the local assessors in Norman, OK as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2809 Lochwood Drive has 2,089 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 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 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 average. 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 steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 2809 Lochwood Drive was last sold in May 15, 2020 for $194,000. According to our calculations, that's $77.32 per sqft. Prior to that sales transaction, the property was sold for $291,000 in May 15, 2020. Current property owners are expected to pay $3,121 in taxes per year. The property on 2809 Lochwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,988. To break that down further, the land itself was valued at $4,244. While improvements to the property were assessed at a total of $21,744. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,509
  • Gross Building Area: 2,509
  • Building Area: 2,089
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL OAKS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL OAKS 6 LT 2 BLK 1

Ownership

  • Current Owner : NICHOLSON ANGELA D
  • Current Owner 2: NICHOLSON MICHAEL A
  • Previous Owner : MASON DAVID W
  • Previous Owner 2: MASON CINDY J
  • Owner Before Previous Owner: MASON DAVID W
  • 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: 201405

Geography

  • Assessors Map Reference: 9N-2W-27-SW
  • Account Number: 97310
  • Parcel: R0097310
  • Block: 1
  • Lot: 2
  • Meridian: SEC 27 TWN 09 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.2207
  • Longitude: -97.401

    Address

  • Full Address: 2809 Lochwood Dr
  • Address - House Number: 2809
  • Address - Street Name: Lochwood
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: R027
  • 4-Digit Zip Code: 2139
  • Zip Code: 73071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,121
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 280,538
  • High Value: 326,300
  • Low Value: 234,775

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $208,046
  • First Open Lien Mortgage Lender: BORE NA
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Loan Amount: $190,486
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BOKF NA
  • Second Open Lien Mortgage Recording Date: Aug 11, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $17,560
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 15, 2047

    Market Valuation

  • Market Total Value: $216,571
  • Market Land Value: $35,367
  • Market Improvement Value: $181,204

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,988
  • Assessed Land Value: $4,244
  • Assessed Improvements Value: $21,744

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11761579707
  • Current Sale Price: $194,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2020 14968
  • Previous Sale Recording Date: May 18, 2020
  • Previous Sale Contract Date: May 15, 2020
  • Previous Sale Amount: $291,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $190,486
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BORE NA
  • Previous Mortgage Transaction Date: May 18, 2020
  • Previous Mortgage Loan Amount: $190,486
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2809 Lochwood Drive located in?
The 2809 Lochwood Drive is a house located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 2809 Lochwood Drive?
The average sales price for units in 2809 Lochwood Drive is $0 currently.

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