NOT LISTED FOR SALE

1345 SE 16th Terrace Newcastle, OK 73065

Estimated Value: $256,000 - $270,789

3 Beds
2 Baths
1,667 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $180,900 $109 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,596/month

Highlights

  • Modern Farmhouse Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • Corner Lot
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2020

***Big price drop, MOTIVATED SELLER*** Welcome home to this modern farmhouse designed home in Farmington addition on a corner/greenbelt lot, in the much-desired Newcastle school district! With a neighborhood playground just around the corner, it's a perfect place to raise a family and enjoyed a countryside feel. Only one neighbor to the west, livestock view to the north and builder touches including white vinyl fencing and open concept floor plan. Close access to HWY 9, I-35 and I-44. Lawn-care service contract until July. Security system ready to activate. Seller upgrades include extended back porch, beautiful custom pantry in kitchen, upper cabinetry added in laundry room, and IN-GROUND GARAGE STORM SHELTER. HOA fee is $240 annually. You don't want to miss this one!

Last Agent to Sell the Property

Meagan Langford

RE/MAX Preferred Listed on: 05/08/2020

RE/MAX Preferred

Last Buyer's Agent

Rob Schaerer

360 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • South Facing Home
  • Vinyl Fence
  • Corner Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Farmhouse Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,667 Sq Ft Home
  • 1-Story Property
  • Metal Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Newcastle Early Childhood Ctr Elementary School
  • Newcastle Middle School
  • Newcastle High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Association fees include greenbelt, maintenance
  • Mandatory home owners association
  • Greenbelt

Listing and Financial Details

  • Legal Lot and Block 11 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,423

Year Built

Built in 2015

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Modern Farmhouse
  • Property Sub Type: Single Family
  • Association Fee Includes: Greenbelt, Maintenance
  • Legal Addition: Farmington Add Sec #1
  • Mandatory Association Dues Yn: Yes
  • Property Faces: South
  • Property Level: One
  • School Junior High: Newcastle MS
  • Special Zoning District Yn: No
  • Storm Shelter: Garage Floor
  • Third Party Comments: No
  • Year Built: 2015
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Metal Insert
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1667

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch
  • Fence: Vinyl
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Condo/Co-op/Association

  • Association Fee: 240

Schools

  • Elementary School: Newcastle Early Childhood Ctr
  • High School: Newcastle HS

Lot Info

  • Acres: 0.1800
  • Land Sq Ft: 7841
  • Lot Description: Corner, Green Belt

Tax Info

  • Tax Block: 5
  • Tax Lot: 11

MLS Schools

  • School District: Newcastle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 30, 2020
Sold by
Hodgkinson Alicia M and Hodgkinson Matthew T
Bought by
Mccormick Christopher and Mccormick Nicole
Seller's Agent
Meagan Langford
RE/MAX Preferred
Buyer's Agent
Rob Schaerer
360 Realty
List Price
$210,000
Sold Price
$180,900
Premium/Discount to List
-$29,100
-13.86%
Current Estimated Value
$262,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,547
Avg. Annual Appreciation
7.23%
Original Mortgage
$162,810
Outstanding Balance
$144,047
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$118,400

Purchase Details

Listed on
Jul 21, 2016
Closed on
Feb 15, 2017
Sold by
Gardner Casey N and Gardner Morgan P
Bought by
Clark Alicia M and Hodgkinson Matthew T
Seller's Agent
Wyleigh Willingham
Milk and Honey Realty LLC
Buyer's Agent
Heather Pierce
First Priority Realty, Inc
List Price
$180,000
Sold Price
$173,000
Premium/Discount to List
-$7,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$169,866
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2015
Sold by
Farmington Properties Llc
Bought by
Gardner Casey N and Gardner Morgan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,204
Interest Rate
4.08%
Mortgage Type
FHA
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
Mccormick Christopher $181,000 American Security Ttl Ins Co
Clark Alicia M $173,000 Stewart Title Of Oklahoma In
Gardner Casey N $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Christopher $162,810
Previous Owner Clark Alicia M $169,866
Previous Owner Gardner Casey N $169,204
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $180,900 +0.6% $109 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $179,900 -9.1% $108 / Sq Ft
05/18/2020 05/18/20 Price Changed $198,000 -2.2% $119 / Sq Ft
05/17/2020 05/17/20 Price Changed $202,500 -2.4% $121 / Sq Ft
05/12/2020 05/12/20 Price Changed $207,500 -1.2% $124 / Sq Ft
05/08/2020 05/08/20 For Sale $210,000 +21.4% $126 / Sq Ft
02/15/2017 02/15/17 Sold $173,000 -3.9% $104 / Sq Ft View Prior Sale
01/10/2017 01/10/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $180,000 -- $108 / 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 $2,423 $22,800 $3,515 $19,285
2024 $2,423 $22,136 $3,413 $18,723
2023 $2,423 $21,491 $3,356 $18,135
2022 $2,293 $20,866 $3,300 $17,566
2021 $2,406 $20,866 $3,300 $17,566
2020 $2,473 $20,333 $3,190 $17,143
2019 $2,391 $19,365 $3,300 $16,065
2018 $2,375 $19,530 $3,300 $16,230
2017 $2,269 $18,696 $3,300 $15,396
2016 $2,169 $17,806 $3,300 $14,506
2015 $331 $2,714 $2,714 $0
2014 $311 $2,585 $2,585 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 910744

MLSOK

APN: 0FA100005011000000