Larry Stein Oklahoma County Assessor (405) 713-1200 - Public Access System
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Real Property Display - Screen Produced   4/8/2026 4:20:46 AM 
Account: R054855382  Type: Residential

  

Location:

1221 NW 40TH ST

Building Name/Occupant:

 

OKLAHOMA CITY

Owner Name 1:  YANG ZHOU

Parcel PIN#:

2666-05-485-5382

Owner Name 2:  ZHENG CHEN 1/4 section #:

2666

Owner Name 3:    Parent Acct:

 

Billing Address:  1221 NW 40TH ST Tax District:

City, State, Zip  OKLAHOMA CITY, OK  73118 School System:

Oklahoma City #89

Country: (If noted)

  

Land Size:

0.1607  Acres

Personal Property

Land Value: 42,700 

Treasurer:

Sect 17-T12N-R3W Qtr SE

 PUTNAM HEIGHTS ADD   Block 031  Lot 000   Subdivision Sales
 Full Legal Description:  PUTNAM HEIGHTS ADD 031 000 LOTS 29 & 30
Photo & Sketch (if available) Comp Sales  (ordered by relevancy)  Comp Report

 1200 NW 39TH ST OKLAHOMA CITY, OK

05/22/2025

 $383,000 

 1139 NW 41ST ST OKLAHOMA CITY, OK

12/08/2025

 $325,000 

 1221 NW 41ST ST OKLAHOMA CITY, OK

05/01/2025

 $285,000 

 1617 NW 43RD ST OKLAHOMA CITY, OK

07/11/2025

 $251,000 

 1525 NW 44TH ST OKLAHOMA CITY, OK

06/30/2025

 $270,000 

 1224 NW 43RD ST OKLAHOMA CITY, OK

08/06/2025

 $285,000 

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

2026

283,000 

258,444 

28,428 

28,428 

122.90 

$3,494 

$332 

2025

282,000 

246,138 

27,074 

27,074 

122.90 

$3,328 

$485 

2024

280,500 

234,418 

25,785 

25,785 

123.89 

$3,195 

$628 

2023

254,000 

223,256 

24,557 

24,557 

122.82 

$3,016 

$415 

2022

228,500 

212,625 

23,388 

23,388 

117.63 

$2,751 

$205 

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Property Account Status/Adjustments/Exemptions
Account # Exemption Description Amount
No adjustment/exemption records returned.
Property Deed Transaction History   (Recorded in the County Clerk's Office)
Date Type Book Page Price Grantor Grantee

8/28/2020

Deeds

14463

1444

 $195,000 

FORREST PROPERTIES LLC 1221 NW 40TH ST SERIES

YANG ZHOU

12/31/2019

Deeds

14228

1829

 $58,000 

POSEY KRISTA

FORREST PROPERTIES LLC 1221 NW 40TH ST SERIES

6/4/1999

Deeds

7607

46

 $0 

POSEY MICHAEL & KRISTA

POSEY KRISTA

8/7/1996

Historical

6932

1696

 $50,000 

SCHOVANEC PHILIP A

POSEY MICHAEL & KRISTA

6/17/1996

Historical

6908

2183

 $0 

SCHOVANEC PHILLIP A

SCHOVANEC PHILIP A

[1/2]
Last Mailed Notice of Value (N.O.V.) Information/History
Year Date Market Value Taxable Market Value Gross Assessed Exemption Net Assessed

2026

02/23/2026

283,000 

258,444 

28,428 

28,428 

2025

02/14/2025

282,000 

246,138 

27,074 

27,074 

2024

02/13/2024

280,500 

234,418 

25,785 

25,785 

2023

02/14/2023

254,000 

223,256 

24,557 

24,557 

2022

03/15/2022

228,500 

212,625 

23,388 

23,388 

[1/4]
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

1920

1,521 

1 Stories