921 North Lahoma Avenue

921 North Lahoma Avenue in Norman, OK was first built in 2000 and is 24 years old. This has been categorized as a industrial property type. It is a single story home. 921 North Lahoma Avenue has 4,320 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. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. There is a unknown. The home has a gable style roof made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 metal 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 materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. 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, 921 North Lahoma Avenue sold most recently in Jan 31, 2006 for a total of $240,000. If you work out the math, that's approximately a cost of $55.56 per sqft. 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 $3,448 in taxes each year. 921 North Lahoma Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,711. If we break it down further, the land itself was valued at $4,917. Improvements to the property, however, were assessed at a total of $23,794. 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.