NOT LISTED FOR SALE

2507 Riva Way Arcadia, OK 73007

East Edmond Neighborhood

Estimated Value: $1,108,693 - $1,336,000

4 Beds
3.5 Baths
4,141 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $765,000 $185 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,207/month

233 Days on Market

Highlights

  • Water Views
  • Barn
  • Lake, Pond or Stream
  • Will Rogers Elementary School Rated A-
  • 5.33 Acre Lot
  • Wooded Lot

About This Home

As of April 2019

Looking for majestic sunsets, rolling hills & abundant trees all on your own private 5 acre retreat in a gated community with easy access to Edmond & OKC? Welcome to Riva Ridge Neighborhood. From the entry, you’ll drive past elegant estate homes on a windy tree-lined, smooth top private drive to this gorgeous retreat! Over $200K in upgrades. Park a fleet of cars in your oversized detached workshop/garage. What the pics don’t tell ~ all those gorgeous cylindric columns are reclaimed & solid concrete, full spray foam insulation saves you thousands each year on utilities boosted by 95% efficient CHA & commercial grade water heater, all those beams are solid wood & handcrafted along with the beautiful arched entry, custom designed doors & cylindric staircase leading to oval study. #Gameroom>Bar>HiddenCloset>AboveGroundStormShelter>Amazing CoveredPorch>GorgeousViews>YourNewLifeStartsHere!

Last Agent to Sell the Property

Chris Allen

Sage Sotheby's Realty Listed on: 07/20/2018

Co-Listed By

Stacey Allen

Sage Sotheby's Realty

Last Buyer's Agent

Cecilia Martin

CB/Mike Jones Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,317

Year Built

  • Built in 2014

Lot Details

  • 5.33 Acre Lot
  • East Facing Home
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 10 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking

Home Design

  • Traditional Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,141 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Home Office
  • Workshop
  • Inside Utility
  • Laundry Room
  • Water Views

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Partial Storm Protection
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch
  • Separate Outdoor Workshop

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling
  • Programmable Thermostat
  • Well
  • Aerobic Septic System

Community Details

  • Association fees include gated entry, greenbelt
  • Mandatory home owners association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,317

Year Built

Built in 2014

Lot Details

0

HOA Fees

$83 per month

Parking

10

Listing Details

  • Property Type: Residential
  • Style: Old English/Tudor, Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Gated Entry, Greenbelt
  • Dining Areas: 1
  • Handicap Yn: No
  • Legal Addition: Riva Ridge
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System, Smoke Alarm, Underground Sprinkler
  • Oven Energy: Electric
  • Property Faces: East
  • Property Level: Two
  • Range Energy: Gas
  • Special Zoning District Yn: No
  • Storm Shelter: Above Ground, Safe Room
  • Third Party Comments: No
  • Year Built: 2014
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Tile, Wood
  • Fireplace Description: Masonry
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Ceiling Fan, Combo Woodwork, Laundry Room, Stained Wood, Window Treatment
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Areas: 3
  • Other Rooms: Inside Utility, Office, Workshop
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 4141

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Barn, Covered Patio, Covered Porch, Pond, Workshop
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 10
  • Garage Description: Refer to Remarks
  • Parking: Additional, Circle Drive, Concrete Drive

Utilities

  • Cooling System: Zoned Electric
  • Heat System: Zoned Gas
  • Utilities Available: Aerobic System, Electric, Gas, Private Well

Condo/Co-op/Association

  • Association Fee: 1000

Lot Info

  • Acres: 5.3300
  • Land Sq Ft: 232175
  • Lot Description: Wooded, Waterview

Green Features

  • Energy: Double Glazed Windows, Partial Storm Doors/Windows, Programmable Thermostat, Storm Doors

Tax Info

  • Tax Block: 000
  • Tax Lot: 000

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Apr 9, 2019
Sold by
Bouska Steven P and Bouska Barbara C
Bought by
Nelson Christopher B and Nelson Kimberly K
Seller's Agent
Chris Allen
Sage Sotheby's Realty
Buyer's Agent
Cecilia Martin
CB/Mike Jones Company
List Price
$799,900
Sold Price
$765,000
Premium/Discount to List
-$34,900
-4.36%
Total Days on Market
233
Current Estimated Value
$1,196,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,173
Avg. Annual Appreciation
7.54%
Original Mortgage
$565,000
Outstanding Balance
$502,756
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$693,148

Purchase Details

Closed on
Jun 29, 2016
Sold by
Bouska Barbara C and Bouska Steven P
Bought by
Bouska Barbara C and Bouska Steven P

Purchase Details

Closed on
Sep 24, 2010
Sold by
Frank Bryan L and Frank Catherine A
Bought by
Bouska Steven P and Bouska Barbara C
Source: Public Records

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Range of Values:

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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
Nelson Christopher B $765,000 Chicago Title Oklahoma Co
Bouska Barbara C -- Attorney
Bouska Steven P $135,000 The Oklahoma City Abstract &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Christopher B $565,000
Previous Owner Bouska Steven Patrick $635,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $765,000 0.0% $185 / Sq Ft
03/13/2019 03/13/19 Rented $3,950 0.0% --
03/10/2019 03/10/19 Pending -- -- --
02/01/2019 02/01/19 Under Contract -- -- --
07/20/2018 07/20/18 For Sale $799,900 0.0% $193 / Sq Ft
07/06/2018 07/06/18 For Rent $4,995 -- --
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 $9,317 $93,847 $20,027 $73,820
2023 $9,317 $89,379 $14,277 $75,102
2022 $8,907 $85,123 $15,876 $69,247
2021 $8,443 $81,070 $16,709 $64,361
2020 $8,435 $80,025 $16,709 $63,316
2019 $7,933 $74,901 $15,804 $59,097
2018 $7,601 $71,335 $0 $0
2017 $7,399 $69,764 $15,634 $54,130
2016 $7,032 $66,442 $29,162 $37,280
2015 $1,570 $14,850 $14,850 $0
2014 $1,568 $14,850 $14,850 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Allen

    Seller's Agent in 2019

    Chris Allen

    Sage Sotheby's Realty

    Section Image

  • S

    Seller's Agent in 2019

    Susan Carroll

    MELROSE REALTY LLC

    (405) 406-1419

    2 in this area

    9 Total Sales

    Susan Carroll
    Section Image
  • Stacey Allen

    Seller Co-Listing Agent in 2019

    Stacey Allen

    Sage Sotheby's Realty

    (405) 706-8971

    10 Total Sales

    Stacey Allen
    Section Image
  • Cecilia Martin

    Buyer's Agent in 2019

    Cecilia Martin

    CB/Mike Jones Company

    (405) 514-7674

    2 in this area

    73 Total Sales

    Cecilia Martin
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 829108

MLSOK

APN: 180214045

Oklahoma Oklahoma County Arcadia 73007 East Edmond

2507 Riva Way, Arcadia, OK

This home is located at 2507 Riva Way, Arcadia, OK 73007 since 20 July 2018 and is currently estimated at $1,196,173, approximately $288 per square foot. This property was built in 2014. 2507 Riva Way is a home located in Oklahoma County with nearby schools including Will Rogers Elementary School, Central Middle School, and Memorial High School.

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