NOT LISTED FOR SALE

5840 E 640 Rd Locust Grove, OK 74352

Estimated Value: $976,000 - $2,089,000

3 Beds
2 Baths
2,485 Sq Ft
$617/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $1,850,000 $744 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $8,801/month

138 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • 617 Acre Lot
  • Stables
  • Gated Community
  • Mature Trees

About This Home

As of November 2023

Discover the ultimate ranch experience at Spectacular PineRidge Ranch! This gated property is accessed by a quality paved road and spans over 617 acres of lush open pasture surrounded by trees, offering unparalleled privacy and seclusion.

The ranch features a one-story full brick ranch house that boasts a brand new HVAC system and a six stall carport/garage. In addition, there is a 40x80 hay barn, 32x36 workshop with utilities and a bathroom, two loafing sheds, and corrals/squeeze chute plus scales.

The land is almost fully fenced and cross fenced and has been used to raise red angus cattle, hogs, goats and as pasture for horses. There are three ponds on the property, one containing a spring, and four automatic waterers with thousands of feet of plumbed water lines. Additionally, the ranch has goat pens with 6 ft goat fencing covering about 150 acres, one fuel tank, and two feeders.

Nature lovers and outdoor enthusiasts will appreciate the abundance of wildlife on the ranch, including deer, turkey, and other game animals. The ranch is a hunter's paradise!

Make this ranch your new home, where you can enjoy the peace and tranquility of country living while still being close to all the amenities of city life. Don't miss out on this rare opportunity to own such a magnificent property!

Last Agent to Sell the Property

Randy Gasswint

RE/MAX Results License #141360 Listed on: 06/04/2023

RE/MAX Results

Last Buyer's Agent

Richard Senn

Fathom Realty OK LLC License #176566

Fathom Realty OK LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,396

Year Built

  • Built in 1973

Lot Details

  • 617 Acre Lot
  • South Facing Home
  • Cross Fenced
  • Mature Trees
  • Wooded Lot

Parking

  • 6 Car Garage
  • Carport
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Gravel Driveway
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Fiberglass Roof
  • Asphalt

Interior Spaces

  • 2,485 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Vinyl Clad Windows
  • Insulated Windows
  • Aluminum Window Frames
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Pond
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Locust Grove Elementary School
  • Locust Grove High School

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Agricultural Well Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Mayes Co Unplatted Subdivision
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,396

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • Directions: Take Hwy 82 South from Hwy 412 near Locust Grove about 5 miles, then slight right on Hwy 442, and continue south 3 miles to 640 Rd, then right abt 1 mile to property on the left. Will GPS ok.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1973
  • Horses: Yes
  • Lot Size Acres: 617.0
  • Subdivision Name: Mayes Co Unplatted
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Windows
  • Building Stories: 1
  • Structure Type: House
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Laminate Counters, Ceiling Fan(s)
  • Appliances: Dishwasher, Disposal, Oven, Range, Electric Oven, Electric Range, Electric Water Heater
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Glass Doors, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Living Area: 2485.0
  • Window Features: Aluminum Frames, Vinyl, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Gravel Driveway
  • Fencing: Barbed Wire, Cross Fenced
  • Lot Features: Farm, Greenbelt, Mature Trees, Pond, Ranch, Wooded
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick, Wood Frame
  • Direction Faces: South
  • Foundation Details: Crawlspace
  • Other Structures: Barn(s), Stable(s), Shed(s), Storage, Workshop
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features: Boat, Carport, Detached, Garage, RV Access/Parking, Storage, Workshop in Garage

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Well
  • Security: No Safety Shelter, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated
  • Association: No

Schools

  • High School: Locust Grove
  • Elementary School: Locust Grove
  • Junior High Dist: Locust Grove - Sch Dist (M4)

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Lot Size Sq Ft: 26876520.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Nov 28, 2023
Sold by
G Thomas Colpitts Ii Revocable Living Tr and Elizabeth Barrett Colpitts
Bought by
Jensen Derrick and Jensen Traci
Seller's Agent
Randy Gasswint
RE/MAX Results
Buyer's Agent
Richard Senn
Fathom Realty OK LLC
List Price
$1,850,000
Sold Price
$1,850,000
Views
56
Current Estimated Value
$1,532,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$317,500
Avg. Annual Appreciation
-13.50%

Purchase Details

Closed on
May 31, 2002
Sold by
Harris Donald
Bought by
Colpitts, G Thomas 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
Jensen Derrick $1,850,000 Frisco Title Company
Colpitts, G Thomas Trust $550,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $1,850,000 0.0% $744 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $1,850,000 0.0% $744 / Sq Ft
09/01/2023 09/01/23 For Sale $1,850,000 -7.5% $744 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $1,999,000 -- $804 / 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
2023 $4,053 $27,351 $7,492 $19,859
2022 $2,396 $26,554 $7,398 $19,156
2021 $2,376 $25,781 $7,275 $18,506
2020 $2,341 $25,029 $7,271 $17,758
2019 $2,275 $24,301 $7,271 $17,030
2018 $2,253 $23,592 $7,271 $16,321
2017 $2,189 $22,906 $7,271 $15,635
2016 $2,075 $22,238 $7,271 $14,967
2015 $2,079 $21,591 $7,271 $14,320
2014 $2,019 $20,962 $7,271 $13,691
Source: Public Records

Agents Affiliated with this Home

  • Randy Gasswint

    Seller's Agent in 2023

    Randy Gasswint

    RE/MAX

    (918) 231-5734

    102 Total Sales

    Randy Gasswint
    Section Image
  • Richard Senn

    Buyer's Agent in 2023

    Richard Senn

    Fathom Realty OK LLC

    (918) 600-7509

    78 Total Sales

    Richard Senn
    Section Image
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Map

Source: MLS Technology

MLS Number: 2319833

MLS Technology

APN: 0000-34-19N-20E-1-001-00

Oklahoma Mayes County Locust Grove 74352

5840 E 640 Rd, Locust Grove, OK

This home is located at 5840 E 640 Rd, Locust Grove, OK 74352 since 04 June 2023 and is currently estimated at $1,532,500, approximately $616 per square foot. This property was built in 1973. 5840 E 640 Rd is a home located in Mayes County with nearby schools including Locust Grove Early Lrning Center, Locust Grove Upper Elementary School, and Locust 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.

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