Seller's Agent in 2025
Shalene Hutcheson
Red Bow Realty
(405) 426-0107
2 in this area
97 Total Sales
540 E Elder Ln Mustang, OK 73064
3
Beds
2
Baths
1,548
Sq Ft
6,599
Sq Ft Lot
Highlights
- Traditional Architecture
- Covered Patio or Porch
- 2 Car Attached Garage
- Mustang Horizon Intermediate School Rated A-
- Farmhouse Sink
- Interior Lot
About This Home
As of October 2025Sellers are offering $3,500 in buyer concessions with an acceptable offer! Also, with a OHFA Loan a buyer could purchase this home with almost nothing out of pocket!!!
So definitely schedule you showing on this home nestled in the heart of Mustang. The immaculate single-family residence at 540 E Elder LN, 73064, presents an opportunity to embrace comfortable living and convenience. Constructed in 2004, this home provides an inviting space for creating lasting memories. The residence features three bedrooms, offering flexibility for residents and guests alike; imagine each room tailored to your unique tastes, a personal sanctuary for rest and rejuvenation. Two bathrooms provide essential convenience, allowing for streamlined routines and a sense of personal space. A two-space garage provides sheltered parking and additional storage, supporting an organized and clutter-free lifestyle. This Mustang residence offers a blend of practical features ready to be shaped into your ideal home. Updates/Upgrades in this home include. new roof 2025, A/C unit(2023), new interior doors, stained driveway and sidewalk, insulated garage door, granite counter tops, farmhouse sink, Custom LED Christmas lights, Custom automatic blinds with remote(2025), New windows (all except the primary suite), Sprinkler System, surround sound, security, cameras, new gutters, attic flooring over entire garage, real wood floors, barn door and jetted tub in the primary suite, covered patio for entertaining, custom solar illuminated mailbox and a large shed for storage. With this many updates, all you have to do is move in and start living.
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 6,599 Sq Ft Lot
- North Facing Home
- Wood Fence
- Interior Lot
HOA Fees
- $5 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,548 Sq Ft Home
- 1-Story Property
- Fireplace Features Masonry
Kitchen
- Microwave
- Dishwasher
- Farmhouse Sink
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
- Outbuilding
- Rain Gutters
Schools
- Mustang Elementary School
- Mustang Middle School
- Mustang High School
Utilities
- Central Heating and Cooling System
- Water Heater
Community Details
- Association fees include maintenance common areas
- Mandatory home owners association
Listing and Financial Details
- Legal Lot and Block 3 / 6
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2025
Closed on
Oct 2, 2025
Sold by
Shaub Colton and Shaub Riley
Bought by
Elston Charity
Seller's Agent
Shalene Hutcheson
Red Bow Realty
Buyer's Agent
Randi Parker
Cherrywood-Edmond Branch
List Price
$257,500
Sold Price
$250,500
Premium/Discount to List
-$7,000
-2.72%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.52%
Purchase Details
Closed on
Jan 12, 2022
Sold by
Shaub and Riley
Bought by
Shaub Colton and Shaub Riley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,600
Interest Rate
3.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 16, 2018
Closed on
Jun 29, 2018
Sold by
Loy Ii Jesse R and Loy Carolyn S
Bought by
Shaub Colton
Seller's Agent
Susan Nance
Chamberlain Realty LLC
Buyer's Agent
Jennifer Swift
Genesis Realty OKC, LLC
List Price
$164,500
Sold Price
$164,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$161,519
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 21, 2004
Sold by
Loy Jesse R
Bought by
Loy Ii Jesse R and Loy Carolyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
5.82%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,500 | Legacy Title Of Oklahoma | |
| Quit Claim Deed | -- | New Title Company Name | |
| Warranty Deed | $164,500 | First American Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $122,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $158,600 | New Conventional | |
| Previous Owner | $161,519 | FHA | |
| Previous Owner | $97,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | Sold | $250,500 | -2.3% | $162 / Sq Ft | |
| 09/05/2025 09/05/25 | Pending | -- | -- | -- | |
| 09/02/2025 09/02/25 | Price Changed | $256,500 | -0.4% | $166 / Sq Ft | |
| 08/23/2025 08/23/25 | For Sale | $257,500 | 0.0% | $166 / Sq Ft | |
| 08/13/2025 08/13/25 | Pending | -- | -- | -- | |
| 07/29/2025 07/29/25 | For Sale | $257,500 | +56.5% | $166 / Sq Ft | |
| 06/29/2018 06/29/18 | Sold | $164,500 | 0.0% | $106 / Sq Ft | View Prior Sale |
| 05/20/2018 05/20/18 | Pending | -- | -- | -- | |
| 05/16/2018 05/16/18 | For Sale | $164,500 | -- | $106 / Sq Ft |
Source: MLSOK
Tax History Compared to Growth
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 | $1,987 | $20,910 | $2,160 | $18,750 |
| 2023 | $1,987 | $19,914 | $2,160 | $17,754 |
| 2022 | $1,915 | $18,966 | $2,160 | $16,806 |
| 2021 | $1,831 | $18,063 | $2,160 | $15,903 |
| 2020 | $1,860 | $18,233 | $2,160 | $16,073 |
| 2019 | $1,808 | $17,722 | $2,160 | $15,562 |
| 2018 | $1,635 | $16,691 | $2,160 | $14,531 |
| 2017 | $1,597 | $16,498 | $2,160 | $14,338 |
| 2016 | $1,638 | $16,863 | $2,160 | $14,703 |
| 2015 | $1,682 | $17,716 | $2,160 | $15,556 |
| 2014 | $1,682 | $17,200 | $2,160 | $15,040 |
Source: Public Records
Agents Affiliated with this Home
-
Shalene Hutcheson
-
Randi Parker
Buyer's Agent in 2025
Randi Parker
Cherrywood-Edmond Branch
(580) 791-2221
3 in this area
27 Total Sales
-
S
Seller's Agent in 2018
Susan Nance
Chamberlain Realty LLC
-
J
Buyer's Agent in 2018
Jennifer Swift
Genesis Realty OKC, LLC
Map
Source: MLSOK
MLS Number: 1183232
APN: 090103131
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Copyright 2025 MLSOK, Inc. All rights reserved.
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