Larry Stein Oklahoma County Assessor (405) 713-1200 - Public Access System
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Real Property Display - Screen Produced   4/27/2025 8:22:08 PM 
Account: R150148655  Type: Residential

  

Location:

506 E LOCKHEED DR

Building Name/Occupant:

 

MIDWEST CITY

Owner Name 1:  BMS HOMES LLC

Parcel PIN#:

1439-15-014-8655

Owner Name 2:    1/4 section #:

1439

Owner Name 3:    Parent Acct:

 

Billing Address:  5409 HEIDELBERG DR Tax District:

City, State, Zip  MUSTANG, OK  73064 School System:

Mid-Del #52

Country: (If noted)

  

Land Size:

0.1756  Acres

Personal Property

Land Value: 20,273 

Treasurer:

Sect 10-T11N-R2W Qtr SW

 ATKINSON HEIGHTS ADD   Block 033  Lot 015   Subdivision Sales
 Full Legal Description:  ATKINSON HEIGHTS ADD 033 015
Photo & Sketch (if available) Comp Sales  (ordered by relevancy)  Comp Report

 506 E LOCKHEED DR MIDWEST CITY, OK

12/18/2023

 $97,000 

 323 E ERCOUPE DR MIDWEST CITY, OK

09/24/2024

 $75,000 

 905 BORUM PL MIDWEST CITY, OK

08/30/2024

 $126,500 

 1109 N REDBUD DR MIDWEST CITY, OK

08/14/2024

 $102,000 

 305 E MARSHALL DR MIDWEST CITY, OK

12/23/2024

 $122,500 

 313 E NORTHRUP DR MIDWEST CITY, OK

10/11/2024

 $150,000 

Value History  (*The County Treasurer 405-713-1300 posts & collects actual tax amounts.  Contact information  HERE)
Year Market Value Taxable Mkt Value Gross Assessed Exemption Net Assessed Millage Est. Tax Tax Savings

2025

115,000 

111,300 

12,243 

12,243 

122.51 

$1,500 

$50 

2024

106,000 

106,000 

11,660 

11,660 

122.51 

$1,428 

$0 

2023

91,500 

72,351 

7,957 

7,957 

117.71 

$937 

$248 

2022

83,500 

68,906 

7,578 

7,578 

116.64 

$884 

$187 

2021

71,000 

65,625 

7,218 

7,218 

119.45 

$862 

$71 

[1/6]
Property Account Status/Adjustments/Exemptions
Account # Grant Year Exemption Description Amount

R150148655

2025

5% Capped Account

Property Deed Transaction History   (Recorded in the County Clerk's Office)
Date Type Book Page Price Grantor Grantee

12/18/2023

Deeds

15634

1009

97,000 

FRAYER TERESA R

BMS HOMES LLC

9/19/1991

Historical

6210

2237

FRAYER DAVID P & TERESA R

FRAYER TERESA R

5/1/1980

Historical

4670

513

 

FRAYER DAVID P & TERESA R

Last Mailed Notice of Value (N.O.V.) Information/History
Year Date Market Value Taxable Market Value Gross Assessed Exemption Net Assessed

2025

01/31/2025

115,000 

111,300 

12,243 

12,243 

2024

01/22/2024

106,000 

106,000 

11,660 

11,660 

2023

01/23/2023

91,500 

72,351 

7,957 

7,957 

2022

02/22/2022

83,500 

68,906 

7,578 

7,578 

2021

02/24/2021

71,000 

65,625 

7,218 

7,218 

[1/3]
Property Building Permit History
Issued Permit # Provided by Bldg # Description Est Construction Cost Status
No Building Permit records returned.
Click button on building number to access detailed information:
  Bldg # Vacant/Improved Land Bldg Description Year Built SqFt # Stories

Click

1

Improved

Ranch 1 Story

1943

1,110 

1 Stories