NOT LISTED FOR SALE

301 N Shannon Way Mustang, OK 73064

Estimated Value: $256,000 - $334,000

4 Beds
2 Baths
1,862 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $209,500 $113 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,717/month

32 Days on Market

Highlights

  • Covered Patio or Porch
  • 3 Car Attached Garage
  • 1-Story Property
  • Mustang Lakehoma Elementary School Rated A-
  • Interior Lot
  • Central Heating and Cooling System

About This Home

As of December 2020

This Charming 4 bed, 2 bath Mustang Home is perfect for entertaining with it's large, open floorplan! The beautiful kitchen features stainless steel appliances, pantry and a breakfast bar. Living room is complete with crown molding, a gorgeous wood burning or gas fireplace and tall ceilings! Master bedroom features a large walk-in closet and beautiful master bathroom with double vanities, separate shower and large jetted tub to relax in! 4th bedroom could easily be an office. Out back is a fabulous covered patio and privacy fence. There is plenty of parking and storage in the large 3 car garage and an in-ground storm shelter to keep you safe!

Last Agent to Sell the Property

Robin Moore

Elite Real Estate & Leasing Listed on: 09/17/2020

Last Buyer's Agent

Roger Iqbal

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 9,801 Sq Ft Lot
  • Interior Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mustang Lakehoma Elementary School
  • Mustang Middle School
  • Mustang High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Association fees include maintenance common areas
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 12 / 1

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Other
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance Common Areas
  • Legal Addition: Shannon Place
  • Mandatory Association Dues Yn: Yes
  • Property Level: One
  • School Junior High: Mustang MS
  • Special Zoning District Yn: No
  • Storm Shelter: Garage Floor
  • Third Party Comments: Yes
  • Year Built: 2006
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Wood Burning
  • Appliances: Compactor, Dishwasher, Disposal, Microwave
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1862

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Patio
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached

Utilities

  • Cooling System: Central Gas
  • Heat System: Central Electric

Condo/Co-op/Association

  • Association Fee: 120

Schools

  • Elementary School: Mustang Lakehoma ES
  • High School: Mustang HS

Lot Info

  • Acres: 0.2250
  • Land Sq Ft: 9801
  • Lot Description: Interior

Tax Info

  • Tax Block: 1
  • Tax Lot: 12

MLS Schools

  • School District: Mustang

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 16, 2020
Sold by
Werschem Adrian M
Bought by
Iqbal Zafar
Seller's Agent
Robin Moore
Elite Real Estate & Leasing
Buyer's Agent
Roger Iqbal
eXp Realty, LLC
List Price
$220,000
Sold Price
$209,500
Premium/Discount to List
-$10,500
-4.77%
Current Estimated Value
$284,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,573
Avg. Annual Appreciation
6.32%
Original Mortgage
$192,307
Outstanding Balance
$171,211
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$112,862

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 8, 2020
Sold by
Bartel Werschem Megan N and Werschem Megan
Bought by
Werschem Adrian M
Seller's Agent
Robin Moore
Elite Real Estate & Leasing
Buyer's Agent
Roger Iqbal
eXp Realty, LLC
List Price
$220,000
Sold Price
$209,500
Premium/Discount to List
-$10,500
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,307
Outstanding Balance
$171,211
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$112,862

Purchase Details

Listed on
Dec 1, 2016
Closed on
May 12, 2017
Sold by
Jacobsen Rodney A and Jacobsen Debra M
Bought by
Werschem Adrian M and Bartel Werschem Megan N
Seller's Agent
Tonya Roby
Copper Creek Real Estate
Buyer's Agent
Marisa Shea Armand
eXp Realty, LLC
List Price
$179,900
Sold Price
$174,900
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$171,731
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2007
Sold by
Schluter Soward Llc
Bought by
Jacobsen Rodney A and Jacobsen Debra M

Purchase Details

Closed on
Sep 20, 2005
Sold by
Lynndee Properties Llc
Bought by
Schlumar Inc and Semco Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,957
Interest Rate
5.88%
Mortgage Type
Construction
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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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
Iqbal Zafar $209,500 Oklahoma City Abstract & Ttl
Werschem Adrian M -- Oklahoma City Abstract & Ttl
Werschem Adrian M $175,000 First American Title Company
Jacobsen Rodney A $123,750 None Available
Schlumar Inc $10,125 None Available
Schlumar Inc $10,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Zafar $192,307
Previous Owner Werschem Adrian M $171,731
Previous Owner Schlumar Inc $132,957
Closed Jacobsen Rodney A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $209,500 -2.6% $113 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $215,000 -2.3% $115 / Sq Ft
09/17/2020 09/17/20 For Sale $220,000 +25.8% $118 / Sq Ft
05/12/2017 05/12/17 Sold $174,900 -2.8% $94 / Sq Ft View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $179,900 -- $97 / Sq Ft
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 $2,554 $27,391 $2,760 $24,631
2023 $2,554 $26,594 $2,760 $23,834
2022 $2,506 $25,819 $2,760 $23,059
2021 $2,440 $25,067 $2,760 $22,307
2020 $2,011 $20,715 $2,760 $17,955
2019 $1,950 $20,112 $2,760 $17,352
2018 $2,035 $19,526 $2,760 $16,766
2017 $2,031 $19,708 $2,760 $16,948
2016 $2,050 $20,092 $2,760 $17,332
2015 -- $18,906 $2,760 $16,146
2014 -- $20,356 $2,760 $17,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 928654

MLSOK

APN: 090103462