NOT LISTED FOR SALE

1587 Meridian Rd Ardmore, OK 73401

Estimated Value: $357,000 - $468,000

13 Acres
$31,693 Price per Acre
557,568 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $237,500 $291 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,464/month

Highlights

  • Barn
  • Wooded Lot
  • Zoned Cooling
  • Lone Grove Intermediate School Rated A-
  • 1 Fireplace
  • Wood Siding

About This Lot

As of October 2016

Great Investment Property! One house already rented for $600 monthly. 1585 and 1587 S. Meridian - Perfect horse place. Neat as can be in a great location. Two really nice houses (both one bedroom and one bath). 5 stall barn, tack room and wash rack. Beautiful treed pastures. SOWC water. All appliances stay except washer and dryer. Portable panels and feeders do not stay. Property sold "as is" - no survey provided. Propane stove - propane tank is owned by Seller.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1997

Lot Details

  • 12.8 Acre Lot
  • Pipe Fencing
  • Wooded Lot
  • Possible uses of the property include Farm, Ranch

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Farming

  • Barn

Utilities

  • Zoned Cooling
  • Window Unit Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Notinsubdi Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,692

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: Hwy 70 West to Meridian, South on Meridian approximately 4 miles - property on west side of road with white fence.
  • Property Sub Type: Residential
  • Prop. Type: Land
  • Year Built: 1997
  • Lot Size Acres: 12.8
  • Subdivision Name: NOTINSUBDI
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Farm, Ranch
  • Appliances: Refrigerator, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 816.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Pipe
  • Lot Features: Wooded
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Other Structures: Barn(s)
  • Roof: Composition

Utilities

  • Sewer: Septic Tank
  • Water Source: Rural
  • Cooling: Electric, Window Unit(s)
  • Cooling Y N: Yes

Schools

  • Junior High Dist: Lone Grove - Sch Dist (LO6)

Lot Info

  • Current Use: Farm
  • Lot Size Sq Ft: 537600.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Allison Travis and Allison Virginia Leigh
Bought by
Schneider Phillip L
Current Estimated Value
$405,669

Purchase Details

Listed on
Apr 16, 2016
Closed on
Oct 28, 2016
Sold by
Desjarlais Cyril Louis and Desjarlais Judith Ann Webb
Bought by
Allison Travis and Allison Virginia Leigh
List Price
$259,900
Sold Price
$237,500
Premium/Discount to List
-$22,400
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$210,700
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1996
Sold by
Howard Ferral
Bought by
Mcmath Kenneth and Mcmath Donna
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
Schneider Phillip L $430,000 Stewart Title
Allison Travis $237,500 None Available
Mcmath Kenneth $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allison Travis $210,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $237,500 -8.6% $291 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $259,900 -- $319 / Sq Ft
Source: MLS Technology

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 $2,692 $25,736 $4,160 $21,576
2023 $1,928 $19,371 $6,867 $12,504
2022 $1,901 $19,371 $6,867 $12,504
2021 $1,913 $19,371 $6,867 $12,504
2020 $1,902 $19,371 $6,867 $12,504
2019 $1,899 $19,373 $6,867 $12,506
2018 $2,054 $19,675 $6,867 $12,808
2017 $2,077 $19,978 $6,867 $13,111
2016 $1,523 $15,693 $3,792 $11,901
2015 $1,601 $14,915 $1,336 $13,579
2014 $1,601 $14,480 $740 $13,740
Source: Public Records

Map

Source: MLS Technology

MLS Number: 30573

MLS Technology

APN: 0000-24-05S-01W-1-006-00

Oklahoma Carter County Ardmore 73401

1587 Meridian Rd, Ardmore, OK

This home is located at 1587 Meridian Rd, Ardmore, OK 73401 since 16 April 2016 and is currently estimated at $405,669, approximately $497 per square foot. This property was built in 1997. 1587 Meridian Rd is a home located in Carter County with nearby schools including Lone Grove Primary School, Lone Grove Intermediate School, and Lone Grove Middle School.

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