NOT LISTED FOR SALE

301 Lake Dr Ada, OK 74820

Estimated Value: $327,640 - $527,000

5 Beds
3.5 Baths
3,846 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $185,000 $48 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,051/month

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Covered Patio or Porch
  • ADA Early Childhood Center Rated A-
  • Granite Countertops
  • Wood Frame Window

About This Home

As of December 2020

Spectacular views await from this 5 or 6 bedroom, 3.5 bath home in Norris Hills! Located close to Oak Hills Golf & Country Club and a quick drive to ECU, Mercy Hospital and Chickasaw Nation Headquarters. Formal dining, formal living room, kitchen w/pantry, breakfast room, utility w/sink and 2 car garage. Plantation shutters in several rooms and mature landscaping.

Last Agent to Sell the Property

Margaret Barton

Margaret Barton & Associates License #58560 Listed on: 07/01/2020

Last Buyer's Agent

Shannon South

Mary Terry & Associates Real E License #180340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1981

Lot Details

  • 0.68 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Landscaped
  • Sloped Lot
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 3,846 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • Casement Windows
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Ada Elementary School
  • Ada High School

Utilities

  • Zoned Heating and Cooling
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Accessible Doors
  • Energy-Efficient Windows
  • Covered Patio or Porch

Community Details

  • Norris Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,923

Year Built

Built in 1981

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Directions: E. Arlington to W. Parkway, S. on W. Parkway to Sunset, W. on Sunset to Lake DR. S. on Lake Dr. to 305 Lake Drive.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1981
  • Lot Size Acres: 0.676
  • Subdivision Name: Norris Hills
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Efficiency: Windows
  • Building Stories: 3
  • Structure Type: House
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Granite Counters, High Ceilings, Other, Vaulted Ceiling(s), Ceiling Fan(s)
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Water Heater, Electric Oven, Electric Range, GasWater Heater
  • Accessibility Features: Accessible Doors
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 3846.0
  • Window Features: Casement Window(s), Other, Vinyl, Wood Frames, Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Concrete Driveway, Sprinkler/Irrigation, Landscaping
  • Fencing: Partial
  • Lot Features: Sloped
  • Pool Features: None
  • Topography: Sloping
  • Home Warranty: No
  • Construction Type: Brick Veneer, Wood Siding, Wood Frame
  • Direction Faces: East
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: No Safety Shelter, Smoke Detector(s)
  • Cooling: Central Air, 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 29430.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2923.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Nov 9, 2020
Sold by
Gilbert Melissa and The Jerald And Melissa Gilbert
Bought by
Sipes Jodi Lee
Seller's Agent
Margaret Barton
Margaret Barton & Associates
Buyer's Agent
Shannon South
Mary Terry & Associates Real E
List Price
$265,000
Sold Price
$185,000
Premium/Discount to List
-$80,000
-30.19%
Current Estimated Value
$346,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,643
Avg. Annual Appreciation
16.19%
Original Mortgage
$93,000
Outstanding Balance
$82,568
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$315,092

Purchase Details

Closed on
May 18, 2000
Sold by
Charles Vest Etal
Bought by
Jerald Jerald M and Jerald Gilbert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sipes Jodi Lee $185,000 Phelps Title Insurance Agcy
Jerald Jerald M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipes Jodi Lee $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2020 12/09/20 Sold $185,000 -30.2% $48 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $265,000 -- $69 / 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
2025 $2,774 $26,984 $3,780 $23,204
2024 $2,677 $25,699 $3,600 $22,099
2023 $2,677 $24,475 $3,600 $20,875
2022 $2,442 $24,475 $3,600 $20,875
2021 $2,073 $22,200 $3,600 $18,600
2020 $2,921 $30,428 $2,880 $27,548
2019 $2,974 $30,948 $2,880 $28,068
2018 $2,862 $30,988 $2,400 $28,588
2017 $2,600 $30,156 $2,260 $27,896
2016 $2,485 $28,720 $1,789 $26,931
2015 $2,402 $27,352 $1,500 $25,852
2014 $2,133 $26,050 $1,500 $24,550
Source: Public Records

Agents Affiliated with this Home

  • Margaret Barton

    Seller's Agent in 2020

    Margaret Barton

    Margaret Barton & Associates

    (580) 421-4810

    88 Total Sales

    Margaret Barton
    Section Image
  • Shannon South

    Buyer's Agent in 2020

    Shannon South

    Mary Terry & Associates Real E

    (580) 927-3600

    31 Total Sales

    Shannon South
    Section Image
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Map

Source: MLS Technology

MLS Number: 2023196

MLS Technology

APN: 0240-00-009-006-0-000-00

Oklahoma Pontotoc County Ada 74820

301 Lake Dr, Ada, OK

Not Listed for Sale

Detached

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