Helm Farm — Oklahoma City, OK
1134 NW 40th Street, Oklahoma City, OK 73118
2 BD · 2 BA · 1,174 sq ft · Built 1924
The details
About this home
Welcome Home to a charming bungalow in Helm Farm at Putnam Heights. The existing home has been thoughtfully renovated while preserving its historic charm. Highlights include: An open-concept kitchen with concrete countertops and a porcelain farmhouse sink, a stylishly updated bathroom with a walk-in shower, spacious bedrooms and original hardwood floors throughout. Located close to the vibrant Western District, this property is ideal for everyone- first time home buyers, college students, a family downsizing to be closer to the city, and investors or developers looking to capitalize on one of the city’s most rapidly evolving areas. This property offers outstanding potential for redevelopment and investment. For the three additional available adjacent properties, see MLS #1230826, 1230827, 1230816. All four properties are zoned SPUD, and have already been subdivided (see photos for subdivision)! Homes like this one, along with its unique development opportunity and current zoning, do not come around often. Don’t miss your opportunity to make this one yours!
Price history
History from MLS records since this home was listed.
How much to offer
Market context, not advice — your agent will help you decide.
The seller has asked that no price estimate be shown for this home. Here is how similar homes nearby sold.
How we got this
- Similar homes in ZIP 73118 sold for a median 99.0% of their final list price (40 sales).
- 50% of them sold at or above list price.
- They took a median 9 days to go under contract and close. This home has been listed 39 days.
- Homes that sit longer or take price cuts have often sold below list here, so the range leans lower.
Source: MLSOK closed sales in ZIP 73118 with similar bedrooms and size, Jun 2026–Nov 2026 (40 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.
Talk it through with an agentMonthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $225,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
What will insurance cost on this home?
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Liberty Link Group · licensed insurance agency
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Liberty Link Group is a licensed Oklahoma insurance agency. A licensed agent will contact you.
A quote is not a policy or a binder. Coverage depends on the insurance company's review.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Recently sold nearby
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Listing provided courtesy of Rebekah Vezey, Copper Creek Real Estate (405-888-9902). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jul 22, 2026, 3:21 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Jul 22, 2026, 3:21 PM CT. MLS # 1230823. Homestead & Co is a licensed Oklahoma real estate brokerage.
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