NOT LISTED FOR SALE

8913 Mercato St Choctaw, OK 73020

Estimated Value: $53,000 - $155,000

1.1 Acres
$87,295 Price per Acre
47,737 Sq Ft Lot

Last Sold July 21, 2023

Last sale price $50,000

Est. 91% increase in value since last sale

Current estimated payment $515/month

151 Days on Market

Highlights

  • Wooded Lot
  • Schwartz Elementary School Rated A-
  • Corner Lot

About This Lot

As of July 2023

**Owner Financing Is Available!** Build your dream home! 1.09+ acre lot ready for building. You will love this nicely developed neighborhood located in Choctaw just off the interstate close to Mid-Del, OKC, Tinker & Boeing. 2,000 sf min for 1 story, outbuildings allowed. Owner can custom build for you or choose builder. Each lot is cleared, pad ready and construction drive is completed. Higher elevation corner lot with a remarkable beautiful view!

Last Agent to Sell the Property

Tim Rasmussen

Metro First Realty Listed on: 01/23/2023

Metro First Realty

Last Buyer's Agent

Orlynda Carter

Ingram Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $75

Lot Details

  • 1.1 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Finished Lot(s)

Schools

  • Schwartz Elementary School
  • Carl Albert Middle School
  • Carl Albert High School

Listing and Financial Details

  • Legal Lot and Block 22 / 1

Property Details

Property Type

Land

Est. Annual Taxes

$75

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Lot
  • Existing House Yn: No
  • Legal Addition: Bella Ranch Ph 1
  • Mobile Homes Allowed Yn: No
  • School Junior High: Carl Albert MS
  • Section: 31
  • Subdivide Yn: No
  • Third Party Comments: No
  • Special Features: None

Schools

  • Elementary School: Schwartz ES
  • High School: Carl Albert HS

Lot Info

  • Acres: 1.0959
  • Land Sq Ft: 47737
  • Lot Description: Corner, Wooded
  • Mineral Rights: No
  • Zoning: Residential

Tax Info

  • Tax Block: 1
  • Tax Lot: 22

MLS Schools

  • School District: Midwest City/Del City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Jul 26, 2023
Sold by
Rosebud Homes Llc
Bought by
Burden Kimberly D and Burden Raymon D
Seller's Agent
Tim Rasmussen
Metro First Realty
Buyer's Agent
Orlynda Carter
Ingram Real Estate LLC
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Views
134
Current Estimated Value
$95,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,667
Avg. Annual Appreciation
33.95%
Original Mortgage
$47,500
Outstanding Balance
$43,195
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$52,472
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
Burden Kimberly D $50,000 Legacy Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burden Kimberly D $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $50,000 +11.1% --
06/23/2023 06/23/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $45,000 -18.2% --
01/23/2023 01/23/23 For Sale $55,000 -- --
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 $75 $5,500 $5,500 --
2023 $75 $608 $608 $0
2022 $74 $608 $608 $0
2021 $76 $608 $608 $0
2020 $78 $608 $608 $0
2019 $76 $608 $608 $0
2018 $76 $609 $0 $0
2017 $77 $608 $608 $0
2016 $78 $608 $608 $0
2015 $79 $608 $608 $0
2014 $79 $608 $608 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1045877

MLSOK

APN: 209691210