$80,000
SOLD OCT 10, 2025

505 E 16th St Ada, OK 74820

2 Beds
2 Baths
1,000 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

0 Day on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Ceiling Fan
  • ADA Early Childhood Center Rated A-
  • Zoned Cooling
  • South Facing Home

About This Home

As of October 2025

Welcome to an exceptional investment opportunity in the heart of Ada! This well-maintained duplex, located at 505 & 507 E 16th Street, offers consistent cash flow with both units currently occupied.

Last Agent to Sell the Property

Scott Ward

Mary Terry & Associates Real E License #148641 Listed on: 10/10/2025

Last Buyer's Agent

Scott Ward

Mary Terry & Associates Real E License #148641 Listed on: 10/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1933

Lot Details

  • 7,013 Sq Ft Lot
  • South Facing Home

Home Design

  • Duplex
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Aluminum Window Frames
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven
  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Ada Elementary School
  • Ada High School

Utilities

  • Zoned Cooling
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Dan Hays Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$450

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Directions: Head east on East 16th Street from Mississippi Avenue. Continue straight for a short distance, and the property will be on the right at 505 E 16th Street.
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Year Built: 1933
  • Lot Size Acres: 0.161
  • Subdivision Name: Dan Hays
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Laminate Counters, None, Ceiling Fan(s)
  • Appliances: Gas Water Heater, Oven, Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Living Area: 1000.0
  • Window Features: Aluminum Frames

Exterior Features

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

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
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Radiant
  • 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: 7013.0
  • Additional Parcels: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2025
Closed on
Oct 3, 2025
Sold by
Ebert James S
Bought by
Boothill Properties Llc
Seller's Agent
Scott Ward
Mary Terry & Associates Real E
Buyer's Agent
Scott Ward
Mary Terry & Associates Real E
List Price
$80,000
Sold Price
$80,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$68,000
Outstanding Balance
$68,000
Interest Rate
5.69%
Mortgage Type
New Conventional
Estimated Equity
$13,944
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 Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $80,000 0.0% $80 / Sq Ft
10/10/2025 10/10/25 For Sale $80,000 -- $80 / 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 $466 $4,536 $945 $3,591
2024 $450 $4,320 $900 $3,420
2023 $450 $4,114 $900 $3,214
2022 $411 $4,114 $900 $3,214
2021 $348 $3,732 $900 $2,832
2020 $347 $3,618 $873 $2,745
2019 $331 $3,446 $831 $2,615
2018 $303 $3,281 $791 $2,490
2017 $270 $3,126 $754 $2,372
2016 $258 $2,977 $700 $2,277
2015 $249 $2,835 $300 $2,535
2014 $221 $2,700 $300 $2,400
Source: Public Records

Agents Affiliated with this Home

  • Scott Ward

    Seller's Agent in 2025

    Scott Ward

    Mary Terry & Associates Real E

    (580) 272-3343

    174 Total Sales

    Scott Ward
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Map

Source: MLS Technology

MLS Number: 2542933

MLS Technology

APN: 0095-00-015-006-0-000-00

Oklahoma Pontotoc County Ada 74820

505 E 16th St, Ada, OK

Sold

MultiFamily

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