NOT LISTED FOR SALE

1120 SE 16th Terrace Newcastle, OK 73065

Estimated Value: $242,000 - $258,000

3 Beds
2 Baths
1,566 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $165,000 $105 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,551/month

About This Home

As of February 2024

Rare home for lease in Newcastle. This home has everything you could want! Living room and entry features wood flooring. The kitchen is open and has tons of storage, counter space, and a bar top eating area. The master features a large room with a separate shower and tub, and good size master closet. You can get to OKC and Norman in just minutes. Schedule a showing today!

Last Agent to Rent the Property

Elizabeth Armstrong

PR Agency, LLC Listed on: 12/11/2023

PR Agency, LLC

Last Renter's Agent

Elizabeth Armstrong

PR Agency, LLC Listed on: 12/11/2023

PR Agency, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 2012

Lot Details

  • 9,019 Sq Ft Lot
  • Interior Lot

Home Design

  • 1,566 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Newcastle Elementary School
  • Newcastle Middle School
  • Newcastle High School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 2012

Lot Details

0

Rental Info

  • Lease Terms: Yearly

Listing Details

  • Property Type: Lease
  • Property Sub Type: Single Family
  • Legal Addition: Farmington Add Sec #1
  • School Junior High: Newcastle MS
  • Third Party Comments: No
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1566

Exterior Features

  • Construction: Brick
  • Pool: No
  • Roof: Composition

Schools

  • Elementary School: Newcastle ES
  • High School: Newcastle HS

Lot Info

  • Land Sq Ft: 9019
  • Lot Description: Interior

MLS Schools

  • School District: Newcastle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2019
Closed on
May 28, 2019
Sold by
Smith Cara Michelle
Bought by
Koran Steve
Seller's Agent
Elizabeth Armstrong
PR Agency, LLC
Buyer's Agent
Elizabeth Armstrong
PR Agency, LLC
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$249,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,659
Avg. Annual Appreciation
6.85%

Purchase Details

Listed on
Sep 28, 2015
Closed on
Dec 1, 2015
Sold by
Gilreath Miranda M
Bought by
Smith Cara Michelle
Seller's Agent
Chad Mckamie
Keller Williams Realty Elite
Buyer's Agent
Cheri Whitnah
Trinity Team Real Estate
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$162,011
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2013
Sold by
Richey Enterprises Llc
Bought by
Gilreath Miranda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,182
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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ICE

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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
Koran Steve $165,000 First American Title Ins Co
Smith Cara Michelle $165,000 None Available
Gilreath Miranda M $162,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Cara Michelle $162,011
Previous Owner Gilreath Miranda M $159,182
Previous Owner Richey Enterprises Llc $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $1,550 0.0% --
12/26/2023 12/26/23 Under Contract -- -- --
12/11/2023 12/11/23 For Rent $1,550 +3.3% --
08/26/2022 08/26/22 Rented $1,500 0.0% --
08/02/2022 08/02/22 For Rent $1,500 0.0% --
03/18/2022 03/18/22 Rented $1,500 0.0% --
02/21/2022 02/21/22 For Rent $1,500 +7.1% --
06/02/2020 06/02/20 Rented $1,400 0.0% --
04/27/2020 04/27/20 For Rent $1,400 0.0% --
05/31/2019 05/31/19 Sold $165,000 0.0% $105 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $165,000 0.0% $105 / Sq Ft
12/01/2015 12/01/15 Sold $165,000 -2.9% $105 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $170,000 -- $109 / 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 $2,294 $20,010 $3,373 $16,637
2023 $2,294 $19,057 $3,279 $15,778
2022 $2,095 $18,150 $3,190 $14,960
2021 $2,199 $18,150 $3,190 $14,960
2020 $2,208 $18,150 $3,190 $14,960
2019 $2,152 $18,432 $3,300 $15,132
2018 $2,088 $18,167 $3,300 $14,867
2017 $2,019 $17,638 $3,300 $14,338
2016 $1,964 $17,124 $3,300 $13,824
2015 $2,075 $17,025 $3,300 $13,725
2014 $2,150 $17,875 $3,300 $14,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1091462

MLSOK

APN: 0FA100010001000000