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1220 40th St

Oklahoma City, OK 73118

3 bd 2 ba 1,491 sqft Built 1925 Lot 8,499 sqft single_family
Most recent sale
$281,115
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $281,115 MLS #1001856
Mar 31, 2022 Listed $275,000 MLS #1001856
Nov 9, 2020 Sold $146,000 MLS #930407
May 27, 2013 Listing removed $119,000 MLSOK
Oct 26, 2012 Listed $119,000 MLS #503719

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,572 $5,703 $33,275 $4,089
2023 $26,981 $3,599 $30,580 $3,755
2022 $12,516 $3,599 $16,115 $1,895
2021 $12,296 $3,599 $15,895 $1,871
2020 $6,238 $2,379 $8,617 $1,026
2019 $6,288 $1,918 $8,206 $738
2018 $6,015 $2,192 $8,207 $704
2017 $5,947 $2,259 $8,206 $703
2016 $5,852 $2,354 $8,206 $703
2015 $6,285 $1,921 $8,206 $710
2014 $6,015 $1,952 $7,967 $793
2013 $5,887 $1,848 $7,735 $663
2012 $5,660 $1,850 $7,510 $632
2010 $5,752 $1,400 $7,152 $550
2009 $5,300 $1,187 $6,487 $509
2008 $5,067 $1,111 $6,178 $443
2006 $5,039 $845 $5,884 $395

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,491 sqft
Lot size
8,499 sqft
ZIP code
73118
City
Oklahoma City
Street
40th St
Coordinates
35.51224, -97.53315

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,237
Gross rental yield
9.55%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 1220 40th St last sell?
1220 40th St most recently sold on May 17, 2022 for $281,115.
What is the current tax assessment for 1220 40th St?
The most recent total assessment for 1220 40th St (year 2025) is $33,275 with $4,089 in property tax.
How does 1220 40th St's assessment compare to its last sale price?
The current assessment is 88.2% below the last sale price of $281,115.
When was 1220 40th St built?
1220 40th St was built in 1925.
How does 1220 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 1220 40th St?
1220 40th St is a 3 bed, 2 bath, 1,491 sqft, 8,499 sqft lot single_family.
Is 1220 40th St a flip candidate?
Yes — 1220 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1220 40th St a tax-appeal candidate?
No — 1220 40th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$496K
2026 Q4
$505.5K
ZIP 73118 — Median Price History + Forecast

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