NOT LISTED FOR SALE

502 Lanes Turn Edmond, OK 73003

Meadow Lakes Park Neighborhood

Estimated Value: $158,000 - $181,000

3 Beds
1 Bath
1,202 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $119,900 $100 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,013/month

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Tile Flooring
  • Cheyenne Middle School Rated A
  • Interior Lot
  • 4-minute walk to David E Penick Park

About This Home

As of April 2019

Nice home in established west Edmond neighborhood. Perfect for a 1st time home buyer or investor.
Home is 3 bedrooms, 1 bath and 1 car garage! All 3 bedrooms are a good size. Kitchen has gas range. Spacious backyard with small patio and privacy fence. Remodeled: 2015: New Hot Water Tank, 2016: New Thermal Windows and New Garage Door, 2017: New HVAC unit, New bathroom, New Kitchen Countertops, New Dishwasher and New Vent Hood, New paint, New Carpet and New Faux Wood Blinds, New privacy fence.
Great location within walking distance to downtown Edmond, schools, close to restaurants, shopping and UCO. Down the street and around the corner are neighborhood parks: with playground, basketball and tennis courts!
Don't miss this one. Move-in Ready!

Last Agent to Sell the Property

Kelly Spears

Keller Williams Central OK ED Listed on: 03/16/2019

Keller Williams Central OK ED

Last Buyer's Agent

Carrie Harris

Keller Williams Central OK ED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • North Facing Home
  • Wood Fence
  • Interior Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Additional Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,202 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,289

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: Ranch
  • Property Sub Type: Single Family
  • Legal Addition: Meadow Lakes 1st
  • Mandatory Association Dues Yn: No
  • Oven Energy: Gas
  • Property Faces: North
  • Property Level: One
  • Range Energy: Gas
  • School Junior High: N/A
  • Section: 26
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 1964
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Laminate, Tile
  • Fireplace Description: None
  • Appliances: Dishwasher, Water Heater
  • Interior Amenities: Ceiling Fan
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 1202

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Fence: Wood, All
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 1
  • Garage Description: Attached
  • Parking: Additional, Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Public Utilities

Schools

  • Elementary School: N/A
  • High School: N/A

Lot Info

  • Acres: 0.2700
  • Land Sq Ft: 11761
  • Lot Description: Interior

Tax Info

  • Tax Block: 2
  • Tax Lot: 6

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 19, 2019
Sold by
Spears Brad L and Spears Kelly
Bought by
Graham Bailey J
Seller's Agent
Kelly Spears
Keller Williams Central OK ED
Buyer's Agent
Carrie Harris
Keller Williams Central OK ED
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$171,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,502
Avg. Annual Appreciation
5.63%
Original Mortgage
$116,303
Outstanding Balance
$102,457
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$68,945

Purchase Details

Closed on
Nov 30, 2018
Sold by
Cox Bobby J
Bought by
Spears Brad and Spears Kelly

Purchase Details

Closed on
Nov 2, 2017
Sold by
Spears Brad L and Spears Kelly
Bought by
Spears Brad L and Spears Kelly

Purchase Details

Listed on
Jul 31, 2016
Closed on
Sep 21, 2016
Sold by
Barnum James M and Barnum Family Property Trust
Bought by
Spears Brad Lee
Seller's Agent
Jerry Payne
Keller Williams Central OK ED
Buyer's Agent
Kelly Spears
Keller Williams Central OK ED
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%

Purchase Details

Closed on
Jul 28, 2016
Sold by
Barnum James Michael and Barnum Family Trust
Bought by
Barnum James M and Barnum Family Property Trust
Source: Public Records

Range of Values:

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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
Graham Bailey J $120,000 Oklahoma City Abstract & Ttl
Spears Brad $67,840 None Available
Spears Brad L -- None Available
Spears Brad Lee -- None Available
Barnum James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Bailey J $116,303
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2019 04/19/19 Sold $119,900 0.0% $100 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $119,900 +71.3% $100 / Sq Ft
10/28/2016 10/28/16 Sold $70,000 -29.9% $81 / Sq Ft View Prior Sale
09/30/2016 09/30/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $99,900 -- $115 / 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 $1,289 $13,770 $2,192 $11,578
2023 $1,289 $13,369 $2,253 $11,116
2022 $1,254 $12,980 $2,530 $10,450
2021 $1,248 $12,980 $2,530 $10,450
2020 $1,263 $12,980 $2,585 $10,395
2019 $782 $8,384 $2,494 $5,890
2018 $761 $8,140 $0 $0
2017 $757 $8,140 $2,585 $5,555
2016 $713 $7,739 $2,207 $5,532
2015 $688 $7,513 $2,248 $5,265
2014 $688 $7,513 $2,309 $5,204
Source: Public Records

Agents Affiliated with this Home

  • Kelly Spears

    Seller's Agent in 2019

    Kelly Spears

    Keller Williams Central OK ED

    (405) 888-9090

    11 Total Sales

    Kelly Spears
    Section Image

  • C

    Buyer's Agent in 2019

    Carrie Harris

    Keller Williams Central OK ED

  • Jerry Payne

    Seller's Agent in 2016

    Jerry Payne

    Keller Williams Central OK ED

    (405) 620-3795

    74 Total Sales

    Jerry Payne
    Section Image
  • Rebecca Field

    Seller Co-Listing Agent in 2016

    Rebecca Field

    Keller Williams Central OK ED

    (405) 314-7438

    81 Total Sales

    Rebecca Field
    Section Image
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Map

Source: MLSOK

MLS Number: 857173

MLSOK

APN: 180251170

Oklahoma Oklahoma County Edmond 73003 Meadow Lakes Park

502 Lanes Turn, Edmond, OK

This home is located at 502 Lanes Turn, Edmond, OK 73003 since 16 March 2019 and is currently estimated at $171,402, approximately $142 per square foot. This property was built in 1964. 502 Lanes Turn is a home located in Oklahoma County with nearby schools including Ida Freeman Elementary School, Cheyenne Middle School, and North High School.

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