NOT LISTED FOR SALE

12625 Discouraging Word Way Luther, OK 73054

Estimated Value: $75,000 - $105,114

8.6 Acres
$10,236 Price per Acre
374,616 Sq Ft Lot

Last Sold August 08, 2022

Last sale price $65,000

Est. 35% increase in value since last sale

Current estimated payment $490/month

About This Lot

As of August 2022

Here is your chance to purchase 8.6 acres of raw land with a plentiful amount of timber, offering you the seclusion you have been dreaming of. This land is located in the quickly growing area of Luther, OK. Located just 8 miles north of Luther, it offers the country living all while being within 30 minutes from Oklahoma City. Electric is available at the road.

Last Agent to Sell the Property

Brenton Washausen

Salt Plains Properties License #181630 Listed on: 05/26/2022

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $181

Lot Details

  • 8.6 Acre Lot
  • Dirt Road
  • Partially Fenced Property
  • Lot Has A Rolling Slope

Additional Features

  • Mobile Home Allowed
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$181

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Platted
  • Acres: 8.6
  • Legal Description: HOME & RANGE EST LOT 1 BLOCK 1
  • Estimated Lot Dimensions: Approx 680 x 500 ft
  • Mobile Home Allowed: Yes
  • Wooded Percent Or Acres: 100
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence: Partial

Utilities

  • Electric: Rural
  • Water: Well

Lot Info

  • Geo Subdivision: OK
  • Easements: Yes
  • Improvements: Unknown
  • Topography: Rolling

Tax Info

  • Year: 2021
  • Taxes Dollar: 181

MLS Schools

  • School: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Mcpherson Ryan Matthew and Shannon Marie
Bought by
Eagle Kaitlin Cassandra
Current Estimated Value
$88,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$73,246
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$14,783

Purchase Details

Closed on
Nov 11, 2024
Sold by
Liberty Land Company Llc and Liberty Land Co Llc
Bought by
Mcpherson Ryan Matthew and Mcpherson Shannon Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$73,246
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$14,783

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 8, 2022
Sold by
Liberty Land Company Llc
Bought by
Mcpherson Ryan Matthew and Mcpherson Shannon Marie
Seller's Agent
Brenton Washausen
Salt Plains Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$73,000
Sold Price
$65,000
Premium/Discount to List
-$8,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$52,000
Interest Rate
4.83%
Mortgage Type
Balloon

Purchase Details

Closed on
May 16, 2022
Sold by
Caton Robert P and Caton Dianna M
Bought by
Liberty Land Company Llc
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
Eagle Kaitlin Cassandra $80,000 First American Title
Mcpherson Ryan Matthew -- First American Title
Mcpherson Ryan Matthew $65,000 Chicago Title
Liberty Land Company Llc $27,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Kaitlin Cassandra $76,000
Previous Owner Mcpherson Ryan Matthew $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $65,000 -11.0% --
06/28/2022 06/28/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $73,000 -- --
Source: Stillwater Board of REALTORS®

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 $277 $3,029 $3,029 $0
2023 $277 $3,029 $3,029 $0
2022 $178 $3,029 $3,029 $0
2021 $181 $3,029 $3,029 $0
2020 $182 $3,029 $3,029 $0
2019 $177 $3,029 $3,029 $0
2018 $177 $3,029 $3,029 $0
2017 $268 $4,071 $4,071 $0
2016 $269 $4,071 $4,071 $0
2014 $271 $4,071 $4,071 $0
2013 $23 $1,270 $780 $490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stillwater Board of REALTORS®

MLS Number: 125648

Stillwater Board of REALTORS®

APN: 420006001