NOT LISTED FOR SALE

118 Timber Lake Dr McLoud, OK 74851

Estimated Value: $474,000 - $654,000

3 Beds
4 Baths
2,779 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $499,000 $180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,372/month

2 Days on Market

Highlights

  • Spa
  • Wooded Lot
  • Outdoor Kitchen
  • 4 Acre Lot
  • Traditional Architecture
  • Bonus Room

About This Home

As of September 2023

A beautiful retreat nestled on 4 acres 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 open floor plan that is inviting and flows beautifully. The oversized windows bring in natural light to the living room, along with a tray ceiling and fireplace. You have the option of a formal dining area or a more casual dining area overlooking the back yard. In addition to a breakfast bar with additional seating there is ample counter space plus a walk-in pantry in the kitchen. Double French doors open into the study with a large closet, making it an excellent 4th bedroom option. The primary suite includes a bath with double vanities, two walk-in closets, soaking tub, and oversized walk-in shower. There are two secondary bedrooms that share a bath. Upstairs is a beautiful theater room with a 120-inch screen and wired for surround sound, as well as a half bath. The entire house is wired for whole house audio, including 6 zones with wall-mounted volume controls. As if it couldn’t get any better, outside you will find that the back patio includes a fireplace, a built-in grill with granite countertop, an entertainment space, and a hot tub. This perfect private oasis also includes TV connections over the fireplace and the hot tub along built-in speakers. Let’s talk shop. The beautifully finished 38x50 shop has a down-draft paint booth for painting cars, separate room for paint, prep and air compressor storage to keep noise down while working in the shop. A steel pipe is run throughout the shop for drop lines for the air compressor. This amazing home is located 20 min. from Tinker AFB, 15 min. to Shawnee, 3 min. to Wes Watkins Lake, and 30 min. 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: 08/29/2023

Berkshire Hathaway-Benchmark

Last Buyer's Agent

Julie Gibbs

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 4 Acre Lot
  • Sprinkler System
  • 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

  • 2,779 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Utility Room with Study Area
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Separate Outdoor Workshop

Schools

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

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot -`

Home Details

Home Type

Single Family

Year Built

Built in 2013

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, Maintenance
  • Legal Addition: Timberlake Estates
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Tankless Hot Water, Underground Sprinkler
  • Oven Energy: Gas
  • Property Level: One and one-half
  • Range Energy: Gas
  • School Junior High: Mcloud JHS
  • Section: 29
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Floors: Combo, Concrete, Carpet
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Ceiling Fan, Laundry Room
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Other Rooms: Bonus, Inside Utility, Study
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 2779

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Covered Deck, Covered Patio, Covered Porch, Hot Tub/Spa, Outdoor Kitchen, 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, Gas, Propane, Septic Tank, Private Well

Condo/Co-op/Association

  • Association Fee: 300

Schools

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

Lot Info

  • Acres: 4.0000
  • Land Sq Ft: 174240
  • Lot Description: Wooded

Tax Info

  • Tax Lot: -`

MLS Schools

  • School District: McLoud

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 10, 2023
Sold by
Wright Garrett and Wright Kristi
Bought by
Bolen Gibbs and Bolen Candice Gibbs
Seller's Agent
Shelli Sparkman
Berkshire Hathaway-Benchmark
Buyer's Agent
Julie Gibbs
List Price
$499,000
Sold Price
$499,000
Views
45
Current Estimated Value
$554,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,894
Avg. Annual Appreciation
4.79%
Original Mortgage
$474,050
Outstanding Balance
$463,634
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$91,261

Purchase Details

Closed on
Jun 13, 2011
Sold by
Troxel Steven
Bought by
Greene Randall and Estate Of Joan Marie Whisman Sonderson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bolen Gibbs $499,000 Firstitle & Abstract Services
Greene Randall -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolen Gibbs $474,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $499,000 0.0% $180 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $499,000 -- $180 / 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 $5,388 $58,634 $7,182 $51,452
2023 $2,613 $28,751 $2,394 $26,357
2022 $2,650 $28,751 $2,394 $26,357
2021 $3,446 $28,751 $2,394 $26,357
2020 $2,678 $29,031 $2,394 $26,637
2019 $2,789 $29,312 $2,394 $26,918
2018 $2,989 $29,593 $2,394 $27,199
2017 $3,004 $29,333 $1,854 $27,479
2016 $165 $1,800 $1,800 $0
2015 $303 $3,410 $3,410 $0
2014 $303 $3,410 $3,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1078071

MLSOK

APN: 000029011002001100