NOT LISTED FOR SALE

1551 N Clear Springs Rd Mustang, OK 73064

Estimated Value: $351,000 - $416,000

33 Acres
$11,425 Price per Acre
1,432,645 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $600,000 $336 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $2,276/month

136 Days on Market

Highlights

  • 32.89 Acre Lot
  • Mustang Lakehoma Elementary School Rated A-
  • Pasture

About This Lot

As of December 2016

Property is ready for development with platted lots, surveys and approval of city ordinances complete. Need investors that are serious and ready to start developing.

Last Agent to Sell the Property

Jessie Teehee

Metro Brokers of Oklahoma Listed on: 01/05/2016

Last Buyer's Agent

Theresa Jester

Ariston Realty LLC

Ariston Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,087

Year Built

  • 1979

Lot Details

  • 32.89

Additional Features

  • 32.89 Acre Lot
  • Electricity More than 500 Feet Away
  • Pasture
  • Sewer Connection More Than 500 Feet Away

Property Details

Property Type

Land

Est. Annual Taxes

$2,087

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Acreage
  • Existing House Yn: No
  • Legal Addition: rural
  • Mobile Homes Allowed Yn: No
  • Road Access: Public
  • Subdivide Yn: No
  • Third Party Comments: No
  • Special Features: None
  • Year Built: 1979

Exterior Features

  • Frontage Feet: 986

Utilities

  • Electric: Within 1000 Feet
  • Sewer: Within 1000 Feet
  • Water: Within 1000 Feet

Lot Info

  • Acres: 32.8890
  • Land Sq Ft: 1604750
  • Lot Description: Pasture/Ranch
  • Mineral Rights: No
  • Zoning: Residential

Tax Info

  • Tax Block: 000

MLS Schools

  • School District: Mustang

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2012
Sold by
Newby Vicki L and Vicki L Newby Revocable Living
Bought by
29 Sara L L C
Total Days on Market
136
Current Estimated Value
$375,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2009
Sold by
Little James H and Little Margaret E
Bought by
Newby Vicki Lynn and Newby Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 4, 1999
Sold by
Little James H and Little Margaret

Purchase Details

Closed on
Nov 7, 1989
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
29 Sara L L C $600,000 American Eagle Title Group
Newby Vicky L -- None Available
Newby Vicki Lynn $176,500 None Available
-- -- --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 29 Sara L L C $2,700,000
Previous Owner Newby Vicki Lynn $200,000
Previous Owner Newby Vicki Lynn $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $600,000 -27.0% $336 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $822,250 -- $460 / 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 $2,087 $21,966 $6,969 $14,997
2023 $2,087 $20,921 $6,430 $14,491
2022 $2,012 $19,925 $5,805 $14,120
2021 $1,924 $18,976 $5,034 $13,942
2020 $1,843 $18,073 $4,372 $13,701
2019 $1,756 $17,212 $3,978 $13,234
2018 $1,709 $16,392 $3,474 $12,918
2017 $1,609 $15,612 $2,706 $12,906
2016 $1,503 $15,000 $2,001 $12,999
2015 -- $14,435 $2,083 $12,352
2014 -- $14,015 $2,083 $11,932
Source: Public Records

Agents Affiliated with this Home

  • Jessie Teehee

    Seller's Agent in 2016

    Jessie Teehee

    Metro Brokers of Oklahoma

    (405) 330-1859

    3 in this area

    117 Total Sales

    Section Image
  • Theresa Jester

    Buyer's Agent in 2016

    Theresa Jester

    Ariston Realty LLC

    (405) 417-6162

    10 in this area

    35 Total Sales

    Theresa Jester
    Section Image
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Map

Source: MLSOK

MLS Number: 714415

MLSOK

APN: 090007373

Oklahoma Canadian County Mustang 73064

1551 N Clear Springs Rd, Mustang, OK

This home is located at 1551 N Clear Springs Rd, Mustang, OK 73064 since 05 January 2016 and is currently estimated at $375,765, approximately $210 per square foot. This property was built in 1979. 1551 N Clear Springs Rd is a home located in Canadian County with nearby schools including Mustang Lakehoma Elementary School, Mustang Horizon Intermediate School, and Mustang Middle School.

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