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531 Northwest 16th Street

531 Northwest 16th Street, Oklahoma City, OK 73103
House in Mesta Park
Sold Aug 14, 2020
$569,000
$510,400 by Cornerstone Home Lending Inc
Mortgage Due Sep 01, 2050
Sold Feb 07, 2011
$390,000
$330,000 by First Commercial Bank
Mortgage Due Feb 01, 2041
531 Northwest 16th Street in Oklahoma City, OK was first built in 1908 and is 116 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 3 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 531 Northwest 16th Street has 2,543 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 7,013 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 12, 2020 for $569,000. That's $223.75 per sqft. Prior to that sales transaction, the property was also sold in Jan 28, 2011 for $390,000. 531 Northwest 16th Street was last assessed in 2023. The total value of the property was assessed at $59,886. Specifically, the land the property is located on was valued at $7,998. While improvements on the property were assessed at a total of $51,888. 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 $7,355. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1908
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 560
  • Garage Type: Detached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,543
  • Gross Building Area: 2,543
  • Building Area: 2,543
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,543
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY ADDITION
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY ADDITION 069 000 LOTS 31 & 32

Ownership

  • Current Owner : MAJORIS ROBERT PAUL
  • Current Owner 2: MAJORIS KRISTIN ASHLEY
  • Previous Owner : LILES JASON E
  • Previous Owner 2: LILES LINSEY M
  • Owner Before Previous Owner: HACKER AUSTIN
  • Owner Before Previous Owner 2: HACKER KELLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oklahoma City Public Schools
  • School Tax School District: OKLA CITY SD -
  • Census Tract: 101800

Geography

  • Assessors Map Reference: 12N-3W-28-NW
  • Account Number: R045007794
  • Parcel: 045007794
  • Block: 69
  • Lot: 31,32
  • Meridian: NW4 SEC 28 TWN 12N RNG 03W
  • Municipality: OKLAHOMA CITY
  • Latitude: 35.4862
  • Longitude: -97.5224

    Address

  • Full Address: 531 Nw 16th St
  • Address - House Number: 531
  • Street Direction: NW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: OK
  • City Name: Oklahoma City
  • Carrier Code: C005
  • 4-Digit Zip Code: 2107
  • Zip Code: 73103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,355
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 668,262
  • High Value: 806,468
  • Low Value: 530,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $597,500
  • Market Land Value: $79,800
  • Market Improvement Value: $517,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,886
  • Assessed Land Value: $7,998
  • Assessed Improvements Value: $51,888

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11781448224
  • Current Sale Price: $569,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200814011187260
  • Previous Sale Recording Date: Feb 07, 2011
  • Previous Sale Contract Date: Jan 28, 2011
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMERCIAL BANK
  • Previous Mortgage Transaction Date: Feb 07, 2011
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2041

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Frequently Asked Questions

What neighborhood is 531 Northwest 16th Street located in?
The 531 Northwest 16th Street is a house located in the neighborhood of Mesta Park in Central Oklahoma City, Oklahoma City.
What is the average sales price for listings in 531 Northwest 16th Street?
The average sales price for units in 531 Northwest 16th Street is $0 currently.

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