NOT LISTED FOR SALE

1502 Drake Rd Sallisaw, OK 74955

Estimated Value: $361,000 - $1,000,000

3 Beds
1 Bath
3,856 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 1502 Drake Rd, Sallisaw, OK 74955 and is currently estimated at $641,737, approximately $166 per square foot. 1502 Drake Rd is a home located in Sequoyah County with nearby schools including Liberty Elementary School, Eastside Elementary School, and Sallisaw Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
59 Auto Sales & Service Llc
Bought by
Ignite Investments Llc
Current Estimated Value
$641,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Outstanding Balance
$1,074,167
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
-$432,430

Purchase Details

Closed on
Mar 28, 2025
Sold by
Casey C And Pamela L Tippet Trust and Tippet Casey C
Bought by
59 Auto Sales & Service Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Outstanding Balance
$1,074,167
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
-$432,430

Purchase Details

Closed on
Jan 1, 2021
Sold by
Tippet Casey C and Casey C And Pamela L Tippet Tr
Bought by
59 Auto Sales & Service Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 19, 2011
Sold by
Berglan Lance and Berglan Judy L
Bought by
Tippet Casey and Tippet Pamela
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ignite Investments Llc $1,300,000 Old Republic National Title
Ignite Investments Llc $1,300,000 Old Republic National Title
59 Auto Sales & Service Llc $1,000,000 Old Republic National Title
59 Auto Sales & Service Llc $1,000,000 Old Republic National Title
59 Auto Sales & Service Llc $1,000,000 None Available
Tippet Casey $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ignite Investments Llc $1,105,000
Closed Ignite Investments Llc $1,105,000
Previous Owner 59 Auto Sales & Service Llc $90,000
Source: Public Records

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 $2,367 $25,451 $2,135 $23,316
2024 $2,367 $73,699 $3,575 $70,124
2023 $4,945 $57,990 $3,544 $54,446
2022 $4,710 $55,228 $3,530 $51,698
2021 $4,393 $54,177 $3,451 $50,726
2020 $4,340 $51,067 $3,217 $47,850
2019 $4,256 $49,580 $3,105 $46,475
2018 $4,164 $48,136 $3,058 $45,078
2017 $4,031 $46,734 $3,058 $43,676
2016 $4,154 $47,570 $3,058 $44,512
2015 $4,204 $47,274 $3,058 $44,216
2014 $4,201 $47,274 $3,300 $43,974
Source: Public Records

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