518 Colcord is a one-of-a-kind property in Downtown Oklahoma City overlooking Bicentennial Park. This investment property boasts an owner's residential suite worthy of Architecture Digest. The property has on site private garage parking for up to 6 vehicles. The entire building is 16,500 sq ft, made up of the owners suite with four additional Investment suites. This includes one ground floor retail unit (1600 sqft), one ground floor office unit (1950 sqft) and two 2nd floor loft style residential units (one is 1600 sqft and one is 1250 sqft). The 2nd floor Owner's Suite is 3886 sqft, with 3 bedroom, 2.5 bath with luxury finishes and functionality throughout. The building spans the block between Colcord Dr. and West Main St., with storefronts on both sides. North windows overlook Bicentennial Park & the Civic Center. New roof in 2020, New and upgraded mechanical, electrical, plumbing and structural throughout.
Property Details
Property Features
Property Information:
Architectural Style: Modern
Year Built: 1912
Stories: 2
Living Area: 16,500 SqFt
Listing Office:
Office Name: Chinowth & Cohen
Office Phone: (405) 843-8188
Listing Agent: Chris George
Interior Features
Interior Information:
Appliances: Range, Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Tankless Water Heater
Basement: Yes
Flooring Type: Other, Tile, Wood
Interior: Fire Extinguisher, Kitchen Exhaust Fan, Study, Programmable Thermostat
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$21.2K
Per Month
Principal & Interest
$21.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12.8K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Wilson Elementary School
501 NW 21st St
Distance between this listing and this school1.58 miles
Public District Grades PK-6
Middle School
8
/10
Classen Middle School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school1.51 miles
Public District Grades 6-8
2
/10
Northeast Middle School
3100 N Kelley Ave
Distance between this listing and this school2.71 miles
Public District Grades 6-8
2
/10
Taft Middle School
2901 NW 23rd St
Distance between this listing and this school3.08 miles
Public District Grades 7-8
High School
10
/10
Classen High School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
3
/10
Northeast High School
3100 N Kelley Ave
Distance between this listing and this school2.71 miles
Public District Grades 9-12
1
/10
Northwest Classen High School
2801 NW 27th St
Distance between this listing and this school3.14 miles
Public District Grades 9-12
Assigned Schools
7
/10
Wilson Elementary School
501 NW 21st St
Distance between this listing and this school1.58 miles
Public District Grades PK-6
Nearby Schools
3
/10
Eugene Field Elementary School
1515 N Klein Ave
Distance between this listing and this school1.25 miles
Public District Grades PK-6
2
/10
Shidler Elementary School
1415 S Byers Ave
Distance between this listing and this school1.56 miles
Public District Grades PK-5
Assigned Schools
8
/10
Classen Middle School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school1.51 miles
Public District Grades 6-8
2
/10
Northeast Middle School
3100 N Kelley Ave
Distance between this listing and this school2.71 miles
Public District Grades 6-8
2
/10
Taft Middle School
2901 NW 23rd St
Distance between this listing and this school3.08 miles
Public District Grades 7-8
Assigned Schools
10
/10
Classen High School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
3
/10
Northeast High School
3100 N Kelley Ave
Distance between this listing and this school2.71 miles
Public District Grades 9-12
1
/10
Northwest Classen High School
2801 NW 27th St
Distance between this listing and this school3.14 miles
The neighbors living near this home have an average income of $67,045. Typical income of Oklahoma City, OK residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 518 Colcord Dr
What is the listing price of this property?
The listing price of 518 Colcord Dr property is $4,250,000.
What type of property is this?
The property 518 Colcord Dr is a condo located in Oklahoma City, Oklahoma, 73102.
Is this property for sale now?
Active Listing: 518 Colcord Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 518 Colcord Dr are: Wilson Elementary School: GreatSchools Rating 7/10Classen Middle School of Advanced Studies: GreatSchools Rating 8/10Northeast Middle School: GreatSchools Rating 2/10Taft Middle School: GreatSchools Rating 2/10Classen High School of Advanced Studies: GreatSchools Rating 10/10Northeast High School: GreatSchools Rating 3/10Northwest Classen High School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $22,271 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 14, 2019 for $1,700,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 518 Colcord Dr has 5 bedrooms and 4 full and 5 half bathrooms.
What is the square footage of this property?
The property 518 Colcord Dr is 16,500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 518 Colcord Dr is 1912.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 518 Colcord Dr in Oklahoma City, OK and zip code 73102 in the Central Oklahoma City neighborhood. This 16,500 square foot home, which was built in 1912, sits on a 0.19 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 10, 2024 and is currently priced at $4,250,000.
In March 2024 more than 155 listings in Oklahoma City, OK were sold above the asking price. During the same period more than 270 listings were sold at asking price, while more than 375 were sold below. The number of homes for sale in Oklahoma City, OK increased by 9.7% between February 2024 and March 2024. In March 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $250,000.
From Rocket Homes Real Estate and based on county public records data.