NOT LISTED FOR SALE

116 Timber Lake Dr McLoud, OK 74851

Estimated Value: $513,000 - $626,363

4 Beds
3.5 Baths
3,253 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $595,000 $183 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,609/month

24 Days on Market

Highlights

  • 3.99 Acre Lot
  • Traditional Architecture
  • Covered Patio or Porch
  • Wooded Lot
  • Bonus Room
  • Separate Outdoor Workshop

About This Home

As of December 2023

A beautiful retreat nestled on four acres, next to Wes Watkins Reservoir, offering peace and privacy, this custom-built home, located in a gated neighborhood, is spacious and welcoming with tranquil views from every room. Upon entering the home, you are welcomed into an immense area where the kitchen, dining, and living rooms are located. The vaulted ceiling and oversized windows bring spaciousness to the hub of the home. The fireplace and built-ins add coziness. There is room for a large dining table, in addition to the breakfast bar. The kitchen boasts a large gas stove with two ovens, pantry, and commercial sized refrigerator/freezer. Adjacent to the living room is a room that could be used as another living area or a study. There are three secondary bedrooms off the living room, each with large walk-in closets. One bedroom has a private bath while the other two share a bath. A powder bath, mud room area with built-in storage, and a large utility room with a desk are located near the front door. The primary bedroom is spacious and privately located. A large walk-in shower and separate tub, along with a double sink vanity, and a built-in custom cabinet can be found in the primary bath. The primary closet is massive with a whole wall of built-in drawers and shelves. Upstairs you will find a bonus area with a closet that houses the equipment for the homes surround sound system. The oversized covered patio includes a swinging bed which is perfect for enjoying the nearby fire pit. The views from the patio are so peaceful and full of wildlife. The 36 x 50 shop, although it is lacking electricity, is full of possibilities. Ample parking areas allow for large gatherings or RVs. This amazing home is located only 20 minutes from Tinker AFB, 15 minutes to Shawnee, and 30 minutes to downtown OKC. This peaceful and private property presents the opportunity to own a piece of land that allows for ample space along with the modern comforts in a fantastic location.

Last Agent to Sell the Property

Shelli Sparkman

Berkshire Hathaway-Benchmark Listed on: 10/25/2023

Berkshire Hathaway-Benchmark

Last Buyer's Agent

Lara Elliott

McGraw Davisson Stewart LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 3.99 Acre Lot
  • East Facing Home
  • Interior Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 3,253 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Concrete Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding
  • Rain Gutters

Schools

  • Mcloud Elementary School
  • Mcloud JHS Middle School
  • Mcloud High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Association fees include gated entry, greenbelt
  • Mandatory home owners association

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Gated Entry, Greenbelt
  • Legal Addition: Timberlake Estates
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System
  • Oven Energy: Gas
  • Property Faces: East
  • Property Level: One and one-half
  • Range Energy: Gas
  • School Junior High: Mcloud JHS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Floors: Combo, Concrete
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Refrigerator, Water Heater
  • Interior Amenities: Ceiling Fan, Laundry Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Bonus
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 3253

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch, Outbuildings, Rain Gutters, Workshop
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Heat Pump
  • Utilities Available: Electric, Propane, Public Utilities, Septic Tank, Private Well

Condo/Co-op/Association

  • Association Fee: 300

Schools

  • Elementary School: Mcloud ES
  • High School: Mcloud HS

Lot Info

  • Acres: 3.9900
  • Land Sq Ft: 173804
  • Lot Description: Interior, Wooded

MLS Schools

  • School District: McLoud

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 28, 2023
Sold by
Wright Shannon W and Wright Cheryl L
Bought by
Lee Gary D and Lee Sarah L
Seller's Agent
Shelli Sparkman
Berkshire Hathaway-Benchmark
Buyer's Agent
Lara Elliott
McGraw Davisson Stewart LLC
List Price
$605,000
Sold Price
$595,000
Premium/Discount to List
-$10,000
-1.65%
Views
178
Current Estimated Value
$588,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,159
Avg. Annual Appreciation
-0.51%
Original Mortgage
$390,000
Outstanding Balance
$382,783
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$206,058

Purchase Details

Closed on
Dec 11, 2020
Sold by
Coon Russell B and Coon Rebecca A
Bought by
Wright Shannon W and Wright Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2016
Sold by
Wright Garrett and Wright Kristi
Bought by
Coon Russell B and Coon Rebecca A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Gary D $595,000 Chicago Title
Wright Shannon W $475,000 None Available
Coon Russell B $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Gary D $390,000
Previous Owner Wright Shannon W $492,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $595,000 -0.7% $183 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $599,000 -1.0% $184 / Sq Ft
10/25/2023 10/25/23 For Sale $605,000 -- $186 / 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
2025 $6,101 $65,616 $9,600 $56,016
2024 $5,039 $67,529 $9,600 $57,929
2023 $5,039 $56,433 $7,182 $49,251
2022 $5,109 $56,433 $7,182 $49,251
2021 $6,644 $56,433 $7,182 $49,251
2020 $2,713 $29,410 $2,400 $27,010
2019 $2,798 $29,410 $2,400 $27,010
2018 $242 $2,394 $2,394 $0
2017 $246 $2,400 $2,400 $0
2016 $165 $1,800 $1,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1085740

MLSOK

APN: 000029011002001102