NOT LISTED FOR SALE

500 E 16th St Ada, OK 74820

Estimated Value: $145,000 - $201,000

4 Beds
4 Baths
2,250 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $159,900 $71 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,077/month

Highlights

  • Corner Lot
  • No HOA
  • Zoned Cooling
  • ADA Early Childhood Center Rated A-
  • Porch
  • 2 Car Garage

About This Home

As of October 2022

PRICE REDUCED!! Rental property with tenants already in place in this 4 unit on property. The duplex has 2 2 bedroom 1 bath units and the above garage units have 2 1 bed 1 bath units.

Last Agent to Sell the Property

Jill O'Grady

Gray Real Estate Elite, Inc. License #174842 Listed on: 04/25/2022

Last Buyer's Agent

JESSICA SOUTH

Initial Point Realty, LLC License #175238

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1930

Lot Details

  • 7,000 Sq Ft Lot
  • South Facing Home
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Fiberglass Roof
  • Asphalt

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Crawl Space

Kitchen

  • Electric Oven
  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Ada Elementary School
  • Ada High School

Utilities

  • Zoned Cooling
  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Dan Hays Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$935

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Directions: Going south on Mississippi, turn right/west onto 16th. Duplex will be on the corner of 16th and Hope. Garage apartment will be around the corner on Hope.
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Year Built: 1930
  • Lot Size Acres: 0.161
  • Subdivision Name: Dan Hays
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Laminate Counters, None
  • Appliances: Oven, Range, Refrigerator, Electric Oven, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 2250.0
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Other, Wood Frame
  • Direction Faces: South
  • Foundation Details: Crawlspace
  • Other Structures: Other
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
  • Security: No Safety Shelter
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Space Heater
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Oct 14, 2022
Sold by
Hawk Rentals Llc
Bought by
Wood Jordan and Plumer Whitley-Renee
Seller's Agent
Jill O'Grady
Gray Real Estate Elite, Inc.
Buyer's Agent
JESSICA SOUTH
Initial Point Realty, LLC
List Price
$174,900
Sold Price
$159,900
Premium/Discount to List
-$15,000
-8.58%
Current Estimated Value
$173,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,853
Avg. Annual Appreciation
2.63%
Original Mortgage
$135,915
Outstanding Balance
$123,931
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$49,822

Purchase Details

Closed on
Apr 3, 2014
Sold by
Frame Norman and Frame Mary Ann
Bought by
Hawk Rentals Llc
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
Wood Jordan $159,900 Home Title
Hawk Rentals Llc $349,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Jordan $135,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $159,900 0.0% $71 / Sq Ft
08/12/2022 08/12/22 Price Changed $159,900 -5.9% $71 / Sq Ft
06/08/2022 06/08/22 Price Changed $169,900 -2.9% $76 / Sq Ft
04/21/2022 04/21/22 For Sale $174,900 -- $78 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
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 $1,988 $19,342 $1,800 $17,542
2024 $2,071 $19,877 $1,500 $18,377
2023 $2,071 $19,140 $1,500 $17,640
2022 $1,101 $10,778 $1,500 $9,278
2021 $934 $10,006 $1,500 $8,506
2020 $941 $9,802 $1,500 $8,302
2019 $897 $9,335 $1,500 $7,835
2018 $821 $8,891 $1,500 $7,391
2017 $730 $8,467 $1,500 $6,967
2016 $698 $8,064 $1,500 $6,564
2015 $675 $7,680 $1,500 $6,180
2014 $184 $2,250 $400 $1,850
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jill O'Grady

    Gray Real Estate Elite, Inc.

    (580) 399-3359

    76 Total Sales

    Jill O'Grady
    Section Image

  • J

    Buyer's Agent in 2022

    JESSICA SOUTH

    Initial Point Realty, LLC

    (580) 369-1004

    111 Total Sales

    JESSICA SOUTH
    Section Image
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Map

Source: MLS Technology

MLS Number: 2212542

MLS Technology

APN: 0095-00-012-009-0-000-00

Oklahoma Pontotoc County Ada 74820

500 E 16th St, Ada, OK

Not Listed for Sale

MultiFamily

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