NOT LISTED FOR SALE

11948 N 1960 Rd Sayre, OK 73662

Estimated Value: $318,000 - $561,000

3 Beds
1.5 Baths
2,353 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $499,900 $212 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,974/month

Highlights

  • Barn
  • 48 Acre Lot
  • In-Law or Guest Suite
  • Merritt Elementary School Rated A-
  • 1.5-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2021

Have you been looking for a home on acreage with shops? This property offers 48 acres, a 3 bedroom home, and 9,800 SF of shop space. There is an additional 30' x 30' finished office space that has recently been updated with new electric, insulation, and has a Heating and Air combination unit. The property sits 1.5 miles from 3 phase electric; Quotes have been estimated to make property 3 phase capable. Water is no issue with 2 water wells and Rural water. The home has 3 bedrooms, 2 living spaces, a bonus space upstairs, and a large dining room space. The property has an underground storm shelter, extra parking, and plenty of space to have crops, run cattle, and utilize this property in many many ways.

Last Agent to Sell the Property

Payton Hamm

Exploration Realty LLC Listed on: 09/30/2020

Last Buyer's Agent

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 1985

Lot Details

  • 48 Acre Lot
  • Rural Setting

Home Design

  • 2,353 Sq Ft Home
  • 1.5-Story Property
  • Brick Exterior Construction
  • Combination Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Schools

  • Merritt Elementary School
  • Merritt High School

Additional Features

  • Outbuilding
  • Barn
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 99 / 99

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,065

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Other, Ranch
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: 1-9-22
  • Mandatory Association Dues Yn: No
  • Property Level: One and one-half
  • School Junior High: N/A
  • Special Zoning District Yn: No
  • Storm Shelter: Below Ground
  • Third Party Comments: No
  • Year Built: 1985
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Areas: 2
  • Total Sq Ft: 2353

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Barn, Guest Quarters, Outbuildings
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Description: Refer to Remarks

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Schools

  • Elementary School: Merritt ES
  • High School: Merritt HS

Lot Info

  • Acres: 48.0000
  • Land Sq Ft: 2090880
  • Lot Description: Rural

Tax Info

  • Tax Block: 99
  • Tax Lot: 99

MLS Schools

  • School District: Merritt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Chen Qin
Bought by
Takyli Llc
Current Estimated Value
$470,825

Purchase Details

Listed on
Sep 30, 2020
Closed on
Mar 30, 2021
Sold by
Smith Randy Dean and Smith Teresa Lynn
Bought by
Chen Qin
Seller's Agent
Payton Hamm
Exploration Realty LLC
Buyer's Agent
Non MLS Member
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.30%
Original Mortgage
$349,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2015
Closed on
Sep 2, 2015
Sold by
Hughes Jason Lee and Hughes Carl
Bought by
Smith Randy Dean and Smith Teresa Lynn
Seller's Agent
Stacey Carnes-Stricker
UC OK Sunset Realty & Auctions
Buyer's Agent
Stacey Carnes-Stricker
UC OK Sunset Realty & Auctions
List Price
$425,000
Sold Price
$300,000
Premium/Discount to List
-$125,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$300,000
Interest Rate
3.75%
Mortgage Type
USDA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Little Vernon D and Little Barbara A
Bought by
Hughes Jason and Hughes Cari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,585
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Edwards Loued L
Bought by
Hughes Jason Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2008
Sold by
Edwards Elizabeth A
Bought by
Edwards Loyed L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,132
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1989
Sold by
Albert
Bought by
Edwards
Source: Public Records

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
Takyli Llc $400,000 American Security Title Insura
Chen Qin $499,900 Old Republic Title Company
Smith Randy Dean $300,000 None Available
Hughes Jason $130,000 None Available
Hughes Jason Lee $215,000 None Available
Edwards Loyed L -- None Available
Edwards $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Qin $349,000
Previous Owner Smith Randy Dean $300,000
Previous Owner Hughes Jason $84,585
Previous Owner Hughes Jason Lee $172,000
Previous Owner Edwards Loyed L $195,132
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $499,900 0.0% $212 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
09/30/2020 09/30/20 For Sale $499,900 +66.6% $212 / Sq Ft
09/02/2015 09/02/15 Sold $300,000 -29.4% $168 / Sq Ft View Prior Sale
07/30/2015 07/30/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $425,000 -- $239 / 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 $6,065 $65,078 $29,057 $36,021
2024 $6,065 $61,979 $29,057 $32,922
2023 $6,065 $61,979 $29,057 $32,922
2022 $6,025 $62,292 $28,759 $33,533
2021 $1,902 $20,074 $773 $19,301
2020 $1,802 $19,489 $773 $18,716
2019 $1,694 $18,922 $773 $18,149
2018 $1,671 $18,371 $773 $17,598
2017 $1,592 $17,836 $773 $17,063
2016 $1,565 $17,836 $773 $17,063
2015 $1,420 $17,836 $773 $17,063
2014 $1,420 $17,762 $773 $16,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 930461

MLSOK

APN: 0000-01-009-022-0-006-00