NOT LISTED FOR SALE

2500 Timber Terrace Ada, OK 74820

Estimated Value: $272,000 - $297,000

3 Beds
2.5 Baths
2,450 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $185,000 $76 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,711/month

Highlights

  • Active Adult
  • Attic
  • Granite Countertops
  • Vaulted Ceiling
  • Corner Lot
  • No HOA

About This Home

As of June 2016

This home is located at 2500 Timber Terrace, Ada, OK 74820 since 11 May 2016 and is currently estimated at $283,026, approximately $115 per square foot. This property was built in 1981. 2500 Timber Terrace is a home located in Pontotoc County with nearby schools including ADA Early Childhood Center, Hayes Elementary School, and Washington Elementary School.

Last Agent to Sell the Property

Charles Teel

Inactive Office License #160095 Listed on: 05/11/2016

Last Buyer's Agent

mike hall

Ma,rketLin;x Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Decorative Fence
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Side Facing Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Fiberglass Roof
  • HardiePlank Type
  • Asphalt

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Aluminum Window Frames
  • Insulated Doors
  • Attic

Kitchen

  • Gas Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Doors

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Ada Elementary School
  • Ada High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Geothermal Heating and Cooling
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Active Adult
  • No Home Owners Association
  • Rambling Oaks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Directions: Travel east on Arlington, turn right on Arlington Blvd until Mayfair Way and turn right to Woodland, turn left, then back right on Mayfair Way and arrive at Mayfair Way & Timber Terr.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1981
  • Lot Size Acres: 0.28
  • Subdivision Name: Rambling Oaks
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Doors, Insulation
  • Building Stories: 1
  • Structure Type: House
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Attic, Granite Counters, High Ceilings, Cable TV, Vaulted Ceiling(s), Ceiling Fan(s)
  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer, Dryer, Electric Oven, Gas Oven, Gas Water Heater, Plumbed For Ice Maker
  • Accessibility Features: Accessible Doors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 2450.0
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Landscaping
  • Fencing: Decorative
  • Lot Features: Corner Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame, HardiPlank Type
  • Direction Faces: South
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Side, Storage, Workshop in Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: No Safety Shelter
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Geothermal
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Senior Community: Yes
  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ada
  • Elementary School: Ada
  • Junior High Dist: Ada - Sch Dist (I9)

Lot Info

  • Lot Size Sq Ft: 12150.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 1, 2016
Sold by
Rhoads George K and Rhoads Jamie Sue
Bought by
Matthews Brian L and Matthews Shannon L
Seller's Agent
Charles Teel
Inactive Office
Buyer's Agent
mike hall
Ma,rketLin;x Inc.
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$283,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,026
Avg. Annual Appreciation
4.15%
Original Mortgage
$165,000
Outstanding Balance
$133,522
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$136,877

Purchase Details

Closed on
May 1, 1995
Sold by
Tommie Daniel and Tommie Corcoran
Bought by
George Rhoads

Purchase Details

Closed on
Nov 23, 1993
Sold by
Betty G
Bought by
Tommie Daniel and Tommie Corcoran
Source: Public Records

Range of Values:

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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
Matthews Brian L $185,000 None Available
George Rhoads $121,500 --
Tommie Daniel $110,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Brian L $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $185,000 -7.5% $76 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $199,900 -- $82 / 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 $2,531 $24,297 $3,600 $20,697
2023 $2,531 $23,140 $3,600 $19,540
2022 $2,309 $22,038 $3,600 $18,438
2021 $2,058 $22,038 $3,600 $18,438
2020 $2,116 $22,038 $3,600 $18,438
2019 $2,133 $22,200 $3,600 $18,600
2018 $2,050 $22,200 $3,600 $18,600
2017 $1,914 $22,200 $3,600 $18,600
2016 $1,302 $15,049 $1,200 $13,849
2015 $1,259 $14,333 $1,269 $13,064
2014 $1,118 $13,650 $1,500 $12,150
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Charles Teel

    Inactive Office

  • m

    Buyer's Agent in 2016

    mike hall

    Ma,rketLin;x Inc.

See All Agents

Map

Source: MLS Technology

MLS Number: 1615980

MLS Technology

APN: 0600-00-001-004-0-000-00

Oklahoma Pontotoc County Ada 74820

2500 Timber Terrace, Ada, OK

This home is located at 2500 Timber Terrace, Ada, OK 74820 since 11 May 2016 and is currently estimated at $283,026, approximately $115 per square foot. This property was built in 1981. 2500 Timber Terrace is a home located in Pontotoc County with nearby schools including ADA Early Childhood Center, Hayes Elementary School, and Washington Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Technology IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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