NOT LISTED FOR SALE

56950 E 318 Rd Jay, OK 74346

Estimated Value: $610,031 - $873,000

5 Beds
3 Baths
3,320 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $535,000 $161 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,138/month

25 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Ceiling Fan
  • Private Dock
  • Central Air
  • Heating System Uses Propane

About This Home

As of August 2023

Take your Front Row Seat to the Grand Lake Lifestyle! This home has panoramic walls of windows, expansive 5 BR, 3 BA floorplan & offers a unique opportunity to create your very own lakeside haven. With stunning 180 degree views overlooking the sparkling waters & nestled directly opposite the renowned Shangri-La Resort, this waterfront home promises an idyllic lifestyle. While the home requires some updates & repairs, don't let that deter you, for with a little imagination & renovation, this property has the potential to be transformed into a magnificent showpiece. The stunning surroundings will serve as the perfect backdrop to your dream home. Don't miss the chance to make your very own - the Shores are calling your name! Property sold As-Is.

Last Agent to Sell the Property

Teresa Poindexter

RE/MAX Grand Lake License #173954 Listed on: 06/29/2023

Last Buyer's Agent

David Evans

Keller Williams Realty Elevate License #202144

Keller Williams Realty Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,829

Lot Details

  • 0.3 Acre Lot
  • Lake Front
  • Stone Retaining Walls

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Permanent Foundation

Interior Spaces

  • 3,320 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Access To Lake
  • Private Dock

Schools

  • Grove High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Furnace
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 210040639

Community Details

Overview

  • Twin Coves Resident #3 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,829

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Directions: From Hwy 59/10, Turn West on Hwy 127, go 5 miles to Zena, Turn North (Right) on CR 570 for 3.5 miles to entrance of Pine Island Resort. Turn North (Left) and travel through Pine Island Resort for 1 mile. Turn Right at Stoney Point sign and continue Straight into Twin Coves Gate. Take Right road to the waterfront home.
  • Lot Information H O A Frequency: Monthly
  • Lot Information H O A Y N: Yes
  • Prop. Type: Residential
  • Building Stories: 1
  • Lot Size Acres: 0.3
  • Lot Size: 13068
  • Subdivision Name: Twin Coves Resident #3
  • Architectural Style: Ranch
  • Garage Yn: No
  • Property Information:Water FrontView: Lake Front - Grand Lake
  • Property Information:Lot Size2: 13068
  • Property Information:Lot Acres2: 0.3
  • Property Information:Style2: Ranch
  • Property Information:Stories2: 1.0
  • Air Conditioning:Central: Yes
  • Appliances Refrigerators: Yes
  • Miscellaneous:Retaining Wall: Yes
  • Air Conditioning:Ceiling Fans: Yes
  • Lot Information:Lake Access2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Lot Information:HOA Dues2: $85
  • Lot Information:Gated Community: Yes
  • Foundation Type:Permanent: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Property Information:Total Bedrooms2: 5
  • Property Information:Total Bathrooms2: 3.0
  • Property Information:Total Full Baths2: 3
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Basement:None4: Yes

Exterior Features

  • Exterior Features: Boat Dock
  • Lot Features: Title Insurance, Gated Community, Lake Access
  • Disclosures: HOA Forms, Survey or Plat, Metes & Bounds Legal, Lead Based Paint, Sellers Disclosure 1, Broker Services, dock acknowledement
  • Construction Type: Block
  • Foundation Details: Permanent
  • Construction:Block: Yes
  • Exterior Features:Boat Dock2: Yes

Garage/Parking

  • Property Information:Garage Type2: Carport
  • Property Information:Garage Stall2: 1

Utilities

  • Sewer: Septic Tank
  • Cooling: Central, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes
  • Water Source: Community/Rural
  • Heating Type:Central Furnace: Yes
  • Sewer Septic Tank: Yes
  • Heating Fuel:Propane: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • High School: Grove

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 210040639
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1829.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Oleary Laralee and Oleary Rebecca
Bought by
Burch Kathy Lynn and Kathy Lynn Burch Living Trust
Current Estimated Value
$658,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Serenity Point Llc
Bought by
Gauthier Alicia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Burch Kathy Lynn -- None Available
Gauthier Alicia J $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Miranda Lee $706,665
Closed Lambert Adam $508,300
Closed Lambert Adam $435,017
Previous Owner Leary Larelee O $105,000
Previous Owner Oleary Larry J $105,000
Previous Owner Gauthier Alicia J $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $535,000 -10.8% $161 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $599,999 -- $181 / Sq Ft
Source: Northeast Oklahoma Board of REALTORS®

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 $4,982 $61,525 $18,831 $42,694
2023 $4,982 $21,902 $5,789 $16,113
2022 $1,742 $20,888 $5,721 $15,167
2021 $1,655 $19,866 $5,721 $14,145
2020 $1,614 $19,052 $5,721 $13,331
2019 $1,593 $18,733 $5,721 $13,012
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Teresa Poindexter

    RE/MAX

  • D

    Buyer's Agent in 2023

    David Evans

    Keller Williams Realty Elevate

    (918) 787-1045

    33 Total Sales

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Map

Source: Northeast Oklahoma Board of REALTORS®

MLS Number: 23-1155

Northeast Oklahoma Board of REALTORS®

APN: 0040639

Oklahoma Delaware County Jay 74346

56950 E 318 Rd, Jay, OK

This home is located at 56950 E 318 Rd, Jay, OK 74346 since 29 June 2023 and is currently estimated at $734,758, approximately $221 per square foot. 56950 E 318 Rd is a home located in Delaware County with nearby schools including Grove Lower Elementary School, Grove Upper Elementary School, and Grove Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Oklahoma Board of REALTORS® 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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