NOT LISTED FOR SALE

Estimated Value: $190,000 - $307,000

2 Beds
1 Bath
816 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $135,000 $165 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,421/month

Highlights

  • 5.5 Acre Lot
  • Creek On Lot
  • Traditional Architecture
  • Mustang Centennial Elementary School Rated A
  • Wooded Lot
  • 1 Car Attached Garage

About This Home

As of November 2018

Beautiful 5.5 acres in Mustang! Two bed, one bath home with vinyl siding. Large underground cellar, livestock stables, tractor barn, large carport with loft, and two storage sheds. Scenic wooded creek with small pond and open pasture great for grazing and growing. Buyer to verify school district.

Last Agent to Sell the Property

Kristi Ellis

Metro First Realty Group Listed on: 10/08/2018

Metro First Realty Group

Last Buyer's Agent

Bryan Donnelly

Thunder Ridge Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1961

Lot Details

  • 5.5 Acre Lot
  • Rural Setting
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Creek On Lot

Schools

  • Mustang Centennial Elementary School
  • Mustang Middle School
  • Mustang High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Well
  • Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,644

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Legal Addition: unplatted
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Mustang MS
  • Special Zoning District Yn: No
  • Storm Shelter: Below Ground, Outdoors, Yes
  • Third Party Comments: No
  • Year Built: 1961
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 816

Exterior Features

  • Construction: Frame, Vinyl
  • Pool: No
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 1
  • Garage Description: Attached

Utilities

  • Cooling System: Window Unit
  • Heat System: Floor Furnace
  • Utilities Available: Septic Tank, Private Well

Schools

  • Elementary School: Mustang Centennial ES
  • High School: Mustang HS

Lot Info

  • Acres: 5.5000
  • Land Sq Ft: 239580
  • Lot Description: Creek, Rural, Wooded

Tax Info

  • Tax Block: 000
  • Tax Lot: 000

MLS Schools

  • School District: Mustang

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Ryan Drain Connor and Morgan Ashley
Bought by
Bermel Matthew D and Bermel Megan C
Current Estimated Value
$242,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,560
Outstanding Balance
$206,677
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$35,493

Purchase Details

Closed on
May 17, 2022
Sold by
Ryan Drain Connor and Morgan Ashley
Bought by
Bermel Matthew D and Bermel Megan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,560
Outstanding Balance
$206,677
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$35,493

Purchase Details

Closed on
Jun 22, 2021
Sold by
Drain Eric and Drain Carla
Bought by
Drain Connor Ryan and Drain Ashley Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 6, 2018
Sold by
Spears Carissa Lynn and Spears Israel M
Bought by
Drain Eric and Drain Carla
Seller's Agent
Kristi Ellis
Metro First Realty Group
Buyer's Agent
Bryan Donnelly
Thunder Ridge Realty
List Price
$155,000
Sold Price
$135,000
Premium/Discount to List
-$20,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$128,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2013
Sold by
Gordon Doris Nancy
Bought by
Spears Carissa Lynn

Purchase Details

Closed on
May 10, 2001
Sold by
Gordon Nora

Purchase Details

Closed on
Mar 26, 2001
Sold by
Gordon C C
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
Bermel Matthew D $210,000 Chicago Title
Bermel Matthew D $210,000 Chicago Title
Drain Connor Ryan $145,000 Firstitle & Abstract Svcs Ll
Drain Eric $135,000 Old Republic Title Company O
Spears Carissa Lynn -- None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermel Matthew D $217,560
Closed Bermel Matthew D $217,560
Previous Owner Drain Connor Ryan $137,750
Previous Owner Drain Eric $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2018 11/06/18 Sold $135,000 -12.9% $165 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $155,000 -- $190 / 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 $1,644 $15,984 $9,016 $6,968
2023 $1,644 $15,518 $8,580 $6,938
2022 $1,636 $14,234 $8,580 $5,654
2021 $1,630 $14,234 $8,580 $5,654
2020 $1,656 $14,312 $8,580 $5,732
2019 $1,654 $14,312 $8,580 $5,732
2018 $444 $4,772 $2,361 $2,411
2017 $422 $4,632 $2,303 $2,329
2016 $405 $4,633 $2,306 $2,327
2015 -- $4,367 $2,193 $2,174
2014 -- $4,147 $2,094 $2,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 837251

MLSOK

APN: 090000460