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1516 42nd St

Oklahoma City, OK 73118

2 bd 1 ba 1,215 sqft Built 1927 Lot 7,000 sqft single_family
Most recent sale
$240,000
Jun 23, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2023 Sold $240,000 OklahomaCity
Apr 14, 2023 Listed $250,000 OklahomaCity
Nov 29, 2022 Sold $160,000 OklahomaCity
Oct 14, 2022 Listed $167,000 OklahomaCity

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $16,698 $4,697 $21,395 $2,629
2023 $14,746 $2,964 $17,710 $2,175
2022 $7,262 $1,966 $9,228 $1,085
2021 $6,702 $2,087 $8,789 $1,034
2020 $6,202 $2,169 $8,371 $996
2019 $6,192 $1,780 $7,972 $948
2018 $5,644 $1,949 $7,593 $861
2017 $5,320 $1,910 $7,230 $819
2016 $5,056 $1,830 $6,886 $781
2015 $4,868 $1,690 $6,558 $750
2014 $4,632 $1,614 $6,246 $711
2013 $4,449 $1,499 $5,948 $688
2012 $4,181 $1,484 $5,665 $649
2010 $4,184 $1,212 $5,396 $587
2009 $3,522 $1,010 $4,532 $514
2008 $3,355 $961 $4,316 $457
2006 $3,392 $718 $4,110 $429

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,215 sqft
Lot size
7,000 sqft
ZIP code
73118
City
Oklahoma City
Street
42nd St
Coordinates
35.51434, -97.53772

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,823
Gross rental yield
9.12%
Implied cap rate
5.92%
Trend-extrapolated value

Frequently asked questions

When did 1516 42nd St last sell?
1516 42nd St most recently sold on Jun 23, 2023 for $240,000.
What is the current tax assessment for 1516 42nd St?
The most recent total assessment for 1516 42nd St (year 2025) is $21,395 with $2,629 in property tax.
How does 1516 42nd St's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $240,000.
When was 1516 42nd St built?
1516 42nd St was built in 1927.
How does 1516 42nd St compare to others on 42nd St?
We track 8 other properties on 42nd St. Browse the list under "Other properties on 42nd St" to compare beds, baths, and sale history.
What are the property facts for 1516 42nd St?
1516 42nd St is a 2 bed, 1 bath, 1,215 sqft, 7,000 sqft lot single_family.
Is 1516 42nd St a flip candidate?
Yes — 1516 42nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1516 42nd St a tax-appeal candidate?
No — 1516 42nd 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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