NOT LISTED FOR SALE

101 E Ar Gammon Rd Broken Bow, OK 74728

Estimated Value: $375,000 - $549,000

3 Beds
3.5 Baths
3,359 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $530,000 $158 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,686/month

166 Days on Market

Highlights

  • Lake Front
  • 37.23 Acre Lot
  • Community Lake
  • Wine Cellar
  • Midcentury Modern Architecture
  • Lake, Pond or Stream

About This Home

As of October 2023

This Mid-century modern home overlooks a private lake that is shared with one neighbor. The property surrounds the lake. The property also enjoys highway frontage and earns billboard rental income. The house is in need of major renovation. The mid-century decor is a blast from the past with the colorful tiled walls, retro light fixtures, paneling, and spacious closets. The basement below connects to the two-car garage and offers additional living, a craft room, and a full bathroom. The potential for this property is limitless with separate ponds and room to build additional homes. The private wooded back property is excellent for homesteading, developing your own private forest, and walking trails. The well-known property has been the talk of the community for many years and now could be yours.

Last Listed By

Jay Marks

Jay Marks Real Estate Listed on: 03/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1961

Lot Details

  • 37.23 Acre Lot
  • Lake Front
  • West Facing Home
  • Interior Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Carport
  • Gravel Driveway

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Metal Roof

Interior Spaces

  • 3,359 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Wine Cellar
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Water Views
  • Basement

Kitchen

  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch
  • Rain Gutters

Schools

  • Bennett Elementary School
  • Rector Johnson Middle School
  • Broken Bow High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Community Lake
  • Greenbelt

Listing and Financial Details

  • Tax Lot 3,4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Mid Century
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Legal Addition: City Land
  • Mandatory Association Dues Yn: No
  • Property Faces: West
  • Property Level: Two
  • School Junior High: Rector Johnson MS
  • Section: 60
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile, Vinyl
  • Fireplace Description: Wood Burning
  • Appliances: Dishwasher, Water Heater
  • Interior Amenities: Ceiling Fan, Laundry Room, Stained Wood, Window Treatment, Wine Cellar
  • Fireplaces: 1
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Areas: 3
  • Other Rooms: Basement, Bonus, Inside Utility, Optional Living Area
  • Total Sq Ft: 3359

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Porch, Lake, Open Patio, Pond, Rain Gutters
  • Foundation: Combination
  • Roof: Metal

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Carport
  • Parking: Concrete Drive, Gravel Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric
  • Utilities Available: Electric, High Speed Internet, Public Utilities, Septic Tank

Schools

  • Elementary School: Bennett ES
  • High School: Broken Bow HS

Lot Info

  • Acres: 37.2300
  • Land Sq Ft: 1621739
  • Lot Description: Green Belt, Interior, Lakefront, Wooded, Waterfront, Waterview

Tax Info

  • Tax Lot: 3,4

MLS Schools

  • School District: Broken Bow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Oct 11, 2023
Sold by
Gebert Alan and Gebert Jill
Bought by
Silva Phil
Seller's Agent
Jay Marks
Jay Marks Real Estate
Buyer's Agent
Jay Marks
Jay Marks Real Estate
List Price
$1,200,000
Sold Price
$530,000
Premium/Discount to List
-$670,000
-55.83%
Total Days on Market
166
Views
269
Current Estimated Value
$466,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,000
Avg. Annual Appreciation
-7.97%
Original Mortgage
$477,000
Outstanding Balance
$460,028
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$5,972

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Silva Phil $530,000 None Listed On Document
Silva Phil $530,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Phil $477,000
Closed Silva Phil $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $530,000 -11.5% $158 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $599,000 -39.8% $178 / Sq Ft
04/14/2023 04/14/23 Price Changed $995,000 -17.1% $296 / Sq Ft
03/17/2023 03/17/23 For Sale $1,200,000 -- $357 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,075 $12,899 $395 $12,504
2023 $673 $8,208 $378 $7,830
2022 $654 $7,970 $378 $7,592
2021 $624 $7,738 $367 $7,371
2020 $610 $7,512 $356 $7,156
2019 $595 $7,293 $345 $6,948
2018 $585 $7,080 $335 $6,745
2017 $572 $6,875 $326 $6,549
2016 $560 $6,675 $193 $6,482
2015 $573 $6,675 $193 $6,482
2014 $576 $6,675 $193 $6,482
Source: Public Records

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Source: MLSOK

MLS Number: 1052580

MLSOK

APN: 2199-30-06S-25E-3-003-00