NOT LISTED FOR SALE

15905 Montrose Ln Inola, OK 74036

Estimated Value: $794,000 - $1,304,397

5 Beds
4.5 Baths
5,363 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,200,000 $224 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $5,989/month

46 Days on Market

Highlights

  • Barn
  • Safe Room
  • RV Access or Parking
  • Horses Allowed On Property
  • Cabana
  • 16.06 Acre Lot

About This Home

As of June 2023

Welcome to this exquisite country estate located in the exclusive equestrian community of Montrose in Inola. This stunning estate offers luxury living and is conveniently located just 20 minutes from Tulsa.
The estate home features 5 spacious bedrooms, 4.5 beautifully appointed bathrooms, 3 living areas, a theater room and a 5-car garage. Elegant hardwood floors adorn most of the ground floor. The master bedroom boasts a tray ceiling and double crown molding, creating a luxurious and elegant atmosphere. The newly updated kitchen features quartz countertops, tile backsplash and stainless steel appliances.
The in-law or teenager suite is a fantastic addition to this already impressive estate, offering privacy and comfort for visiting guests. It features a spacious combo living and bedroom area plus a full bath and a huge closet.
This property also features an imposing barn/workshop that is 92' x 45' and has 5 Priefert stalls, a tack room, feed room (set up to also be another stall), a wash bay, RV/tractor bay, and a heated/cooled shop area. It also contains a storage container to securely store valuable items.
Step outside and take in the beauty of the 16.06 acres of plush pasture and yard. The land is fenced and cross-fenced with striking white vinyl fencing, along with several gates, and also features a lovely pond. Montrose offers bridle trails in the community, making it a horse lover's paradise.
There is an open air 100 ' by 150' riding arena plus a covered arena that measures 75' x 140', and is lighted, providing ample space for horse riding and training.
But that's not all! This estate also boasts a stunning saltwater pool and several freshly painted pergolas providing the perfect place to relax and cool off during those hot summer days.
Don't miss out on the opportunity to own this incredible property in Montrose. With its luxurious amenities and breathtaking views, this estate is the perfect place to call home!

Last Agent to Sell the Property

Randy Gasswint

RE/MAX Results License #141360 Listed on: 04/15/2023

RE/MAX Results

Last Buyer's Agent

Robert Faulkner

Chinowth & Cohen License #177347

Chinowth & Cohen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 2008

Lot Details

  • 16.06 Acre Lot
  • West Facing Home
  • Dog Run
  • Cross Fenced
  • Property is Fully Fenced
  • Vinyl Fence
  • Landscaped
  • Sprinkler System
  • Fruit Trees
  • Mature Trees

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Side Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Asphalt
  • Stone

Interior Spaces

  • 5,363 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Data
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Vinyl Clad Windows
  • Insulated Windows
  • Bay Window
  • Washer Hookup
  • Attic

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Pullman Style Bathroom

Home Security

  • Safe Room
  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Cabana
  • In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Pergola
  • Outdoor Storage
  • Rain Gutters

Schools

  • Inola Elementary School
  • Inola High School

Farming

  • Barn
  • Farm

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Tankless Water Heater
  • Gas Water Heater
  • Aerobic Septic System
  • High Speed Internet
  • Phone Available

Additional Features

  • Energy-Efficient Windows
  • Horses Allowed On Property

Community Details

Overview

  • Montrose Subdivision

Recreation

  • Community Spa
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,005

Year Built

Built in 2008

Lot Details

0

HOA Fees

$50 per month

Parking

5

Listing Details

  • Directions: 13 miles east of Creek Turnpike on Hwy 412 to 4190 Road. Turn North (left) & go abt 1.5 miles, passing 580 Road, to entrance to Montrose Ln on your left. Property starts on your right as you enter Montrose. As road curves to right, house is on the right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2008
  • Horses: Yes
  • Lot Size Acres: 16.064
  • Subdivision Name: Montrose
  • Architectural Style: French/Provincial
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Structure Type: House
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Attic, Central Vacuum, High Ceilings, High Speed Internet, Pullman Bath, Quartz Counters, Stone Counters, Vaulted Ceiling(s), Wired for Data, Ceiling Fan(s), Programmable Thermostat
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Tankless Water Heater, Gas Oven, Gas Range, Gas Water Heater, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 5363.0
  • Window Features: Bay Window(s), Vinyl, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Concrete Driveway, Dog Run, Sprinkler/Irrigation, Landscaping, Rain Gutters
  • Fencing: Cross Fenced, Full, Vinyl
  • Lot Features: Farm, Fruit Trees, Mature Trees, Pond, Ranch
  • Pool Features: Gunite, In Ground
  • Home Warranty: No
  • Construction Type: Brick, Stone, Wood Frame
  • Direction Faces: West
  • Foundation Details: Slab
  • Other Structures: Barn(s), Storage, Workshop, Cabana, Pergola
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Boat, Garage, RV Access/Parking, Garage Faces Side, Shelves, Storage, Workshop in Garage, Asphalt

Utilities

  • Sewer: Aerobic Septic
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Rural
  • Laundry Features: Washer Hookup
  • Security: Safe Room Interior, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units, Zoned
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • High School: Inola
  • Elementary School: Inola
  • Junior High Dist: Inola - Sch Dist (26)

Lot Info

  • Current Use: Farm
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 699729.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6005.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Jun 29, 2023
Sold by
Smith Gary L and Smith Rosetta M
Bought by
Gary L Smith And Rosetta M Smith Mutual Revoc
Seller's Agent
Randy Gasswint
RE/MAX Results
Buyer's Agent
Robert Faulkner
Chinowth & Cohen
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Views
21
Current Estimated Value
$1,011,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,901
Avg. Annual Appreciation
-6.45%
Original Mortgage
$727,000
Outstanding Balance
$496,906
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$514,193

Purchase Details

Listed on
Apr 15, 2023
Closed on
Jun 26, 2023
Sold by
Bini John and Bini Veronica
Bought by
Smith Gary L and Smith Rosetta M
Seller's Agent
Randy Gasswint
RE/MAX Results
Buyer's Agent
Robert Faulkner
Chinowth & Cohen
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,000
Outstanding Balance
$496,906
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$514,193

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 6, 2019
Sold by
Graves Jack W and Graves Denda K
Bought by
Bini John and Bini Veronica
Seller's Agent
Randy Gasswint
RE/MAX Results
Buyer's Agent
Randy Gasswint
RE/MAX Results
List Price
$840,000
Sold Price
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$760,475
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Feb 2, 2010
Sold by
Leroy Johnson Construction Co Inc
Bought by
Graves Jack W and Graves Denda K

Purchase Details

Closed on
Jul 20, 2007
Sold by
Montrose Llc
Bought by
Leroy Johnson Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
6.54%
Mortgage Type
Unknown
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Gary L Smith And Rosetta M Smith Mutual Revoc -- Elite Title Services
Smith Gary L $1,200,000 None Listed On Document
Bini John $840,000 Frisco Title Company
Graves Jack W $450,000 Scott Title And Escrow Compa
Leroy Johnson Construction Company Inc $91,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gary L $727,000
Previous Owner Bini John $760,475
Previous Owner Leroy Johnson Construction Company Inc $90,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $1,200,000 -14.2% $224 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $1,399,000 -3.5% $261 / Sq Ft
05/16/2023 05/16/23 Price Changed $1,450,000 0.0% $270 / Sq Ft
05/16/2023 05/16/23 For Sale $1,450,000 -3.3% $270 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $1,499,000 +78.5% $280 / Sq Ft
05/06/2019 05/06/19 Sold $840,000 0.0% $159 / Sq Ft View Prior Sale
04/01/2019 04/01/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $840,000 -- $159 / Sq Ft
Source: MLS Technology

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 $6,876 $86,881 $248 $86,633
2024 $6,702 $84,351 $241 $84,110
2023 $6,702 $76,160 $241 $75,919
2022 $5,997 $73,942 $241 $73,701
2021 $5,752 $71,788 $241 $71,547
2020 $5,276 $65,314 $241 $65,073
2019 $5,003 $61,551 $242 $61,309
2018 $5,188 $63,659 $242 $63,417
2017 $5,075 $61,312 $241 $61,071
2016 $4,979 $59,527 $241 $59,286
2015 $5,099 $57,793 $241 $57,552
2014 $4,948 $56,110 $241 $55,869
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Technology

MLS Number: 2313536

MLS Technology

APN: 660085149