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
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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