NOT LISTED FOR SALE

438752 E 40 Rd Welch, OK 74369

Estimated Value: $300,000 - $753,120

200 Acres
$2,633 Price per Acre
8,712,044 Sq Ft Lot

Last Sold June 10, 2023

Last sale price $700,000

Est. 25% decrease in value since last sale

Current estimated payment $2,873/month

114 Days on Market

Highlights

  • Barn
  • Partially Wooded Lot
  • Terraced Lot
  • 200 Acre Lot
  • 172 Acres of Pasture

About This Lot

As of June 2023

Here is an incredible opportunity to add to your existing cattle operation or to start new. This turnkey cattle ranch is located less than 3 miles south of the Kansas border just 10+/- miles from Welch, Oklahoma. A well-maintained gravel road brings you to the massive metal gated entryway where you will immediately notice the hard work put into this property. The long gravel driveway takes you back to a large 80x100 Amish built metal building with 1,600 sq ft of insulated living quarters. This building does NOT include electricity but does include a water well on site and electricity available at the county road. Located next to the building is a 50x100 set of livestock working pens that will handle your large herd. The perimeter of the property is surrounded by a well built 5 strand barbed wire fence with all metal corners and gates. There are also many cross fences throughout the farm that are set up perfect for rotational grazing. Three ponds located on the northern end of the property offer livestock and wildlife with consistent water sources. The eastern half is mostly class 3 soils with bermuda grass starting to take root in the terraced fields where soybeans were once farmed. The western half is also mostly class 3 soils but is primarily native grasses with a few scattered trees that will shade your livestock.

Last Agent to Sell the Property

Chuck Bellatti

Inactive Office License #178892 Listed on: 01/13/2023

Last Buyer's Agent

Chuck Bellatti

Inactive Office License #178892 Listed on: 01/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,373

Lot Details

  • 200 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Terraced Lot
  • Partially Wooded Lot
  • Possible uses of the property include Farm, Ranch
  • Zoning described as AG

Farming

  • Barn
  • 172 Acres of Pasture

Mobile Home

  • Mobile Home Allowed

Utilities

  • No Utilities
  • Agricultural Well Water Source
  • Sewer Not Available

Community Details

  • Craig Co Unplatted Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,373

Lot Details

0

Listing Details

  • Directions: POB INTERSECTION OF STATE HWY10 AND 50 IN WELCH, OK. GO NORTH ON HWY59 FOR APPROX 6 MILES CR 40, TURN WEST AND CONTINUE ON CR 40 FOR 5 MILES. PROPERTY IS ON THE N SIDE OF THE ROAD.
  • Prop. Type: Land
  • Lot Size Acres: 200.001
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Water Body Name: Other
  • Subdivision Name: Craig Co Unplatted
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Farm, Ranch

Exterior Features

  • Fencing: Barbed Wire
  • Lot Features: Mobile Home Allowed, Acreage
  • Topography: Terraced
  • Other Structures: Barn(s)

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available
  • Water Source: Well

Schools

  • Junior High Dist: Welch - Sch Dist (G4)

Lot Info

  • Current Use: Livestock
  • Lot Size Sq Ft: 8712060.0
  • Pasture Area: 172.0
  • Wooded Area: 28.0
  • Additional Parcels: No
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1373.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2016
Sold by
Johnston Everett L
Bought by
Felty Mast
Current Estimated Value
$526,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$248,739
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$277,821

Purchase Details

Closed on
Nov 18, 2010
Sold by
Stoner Charles L Rev Tru
Bought by
Johnston Everett L

Purchase Details

Closed on
Aug 10, 2005
Sold by
Vicky Chaney
Bought by
Charles Stoner Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Felty Mast $315,000 --
Johnston Everett L $210,000 --
Charles Stoner Trust $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felty Mast $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2023 06/10/23 Sold $700,000 -12.4% --
05/08/2023 05/08/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $799,000 -- --
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 $1,480 $16,841 $5,538 $11,303
2024 $1,558 $17,728 $4,884 $12,844
2023 $1,558 $17,221 $4,884 $12,337
2022 $1,373 $16,719 $4,884 $11,835
2021 $1,363 $16,447 $4,884 $11,563
2020 $471 $5,291 $5,291 $0
2019 $468 $5,291 $5,291 $0
2018 $464 $5,291 $5,291 $0
2017 $459 $5,291 $5,291 $0
2016 $457 $5,291 $5,291 $0
2015 $445 $5,291 $5,291 $0
2014 $469 $5,408 $5,408 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Technology

MLS Number: 2301363

MLS Technology

APN: 0000-30-29N-20E-1-003-00