$4,599,000
$201K PRICE DROP

27557 Ridge Rd Washington, OK 73093

Estimated payment $24,502/month

Total Views 22,840
4 Beds
3 Baths
2,890 Sq Ft
$1,591 Price per Sq Ft

Highlights

  • Barn
  • Stables
  • 2 Fireplaces
  • Washington Elementary School Rated A-
  • 23.38 Acre Lot
  • Pasture

About This Home

Property being sold as Commercial and AS-IS. The possibilities are endless with this property. Situated in a growing area with I35 frontage, just off Ladd Rd exit, and the possibility of more on/off ramp as I35 expands. Spanning 23.38 acres, it encompasses a 2890 sq ft house built in 1975 with multiple structures including two barns. Zoned IP with established utilities, it offers flexibility. Additionally, it features an owned billboard that can generate up to $1100/month in revenue and receives $500/month in dividends from Lamar for the lease of the other billboard. Currently, the owner resides in the house, operating an equestrian business. There's ample opportunity to repurpose the house for commercial use, adding to the property's potential. 8 minutes south of Norman.

Listing Agent

Niki McClain

Collection 7 Realty Listed on: 03/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,587

Year Built

  • Built in 1975

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,890 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Washington Elementary School
  • Washington Middle School
  • Washington High School

Farming

  • Barn
  • Pasture

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • 23.38 Acre Lot
  • Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,587

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Other
  • Property Sub Type: Single Family
  • Legal Addition: unplatted
  • Mandatory Association Dues Yn: No
  • Property Level: Two
  • School Junior High: Washington MS
  • Section: 5
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 1975
  • HistoricalDesignationYN: No
  • Model Home: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Masonry
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Total Sq Ft: 2890

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Barn, Stable
  • Foundation: Slab
  • Roof: Metal

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Carport

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric
  • Utilities Available: Electric, High Speed Internet, Public Utilities

Schools

  • Elementary School: Washington ES
  • High School: Washington HS

Lot Info

  • Acres: 23.3800
  • Land Sq Ft: 1018433
  • Lot Description: Pasture/Ranch

Tax Info

  • Tax Block: 000
  • Tax Lot: 000

MLS Schools

  • School District: Washington

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

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 $4,587 $44,102 $4,328 $39,774
2024 $4,443 $42,818 $4,202 $38,616
2023 $4,443 $41,570 $3,324 $38,246
2022 $4,286 $40,360 $3,259 $37,101
2021 $3,578 $39,184 $5,358 $33,826
2020 $2,517 $26,402 $459 $25,943
2019 $2,475 $25,633 $451 $25,182
2018 $2,465 $24,886 $433 $24,453
2017 $2,422 $24,162 $473 $23,689
2016 $2,386 $23,458 $468 $22,990
2015 $2,121 $22,774 $451 $22,323
2014 $2,098 $22,112 $451 $21,661
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Price Changed $4,599,000 0.0% $1,591 / Sq Ft
04/02/2024 04/02/24 Price Changed $4,600,000 -4.2% $1,592 / Sq Ft
03/07/2024 03/07/24 For Sale $4,800,000 -- $1,661 / Sq Ft
Source: MLSOK

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 First American Title
Warranty Deed $390,000 None Available
Warranty Deed $325,000 --
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $439,890 VA
Previous Owner $312,000 Unknown
Source: Public Records

Source: MLSOK

MLS Number: 1101523

MLSOK

APN: 00000507N02W001100

Oklahoma Mcclain County Washington 73093

27557 Ridge Rd, Washington, OK

For Sale

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Niki McClain
Listing Agent
Niki McClain
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Collection 7 Realty
(405) 817-6260