8 months on rocket

18501 County Road 1516, Ada, OK, 74820

$1,600,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
21,500 SqFt
$74/SqFt
Multi

Location

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18501 County Road 1516, Ada$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Carport, Garage
Attached Garage2 spaces
Year Built2017
HeatingCentral, Electric
CoolingCentral Air
MLS #2409974
Lot Size4.62 Acres
StatusActive

About 18501 County Road 1516

RARE OPPORTUNITY TO PICK UP A MULTI-TENANT PROPERTY WITH 13 TOTAL UNITS & BRAND NEW ROOFS INSTALLED IN APRIL OF 2024 THAT LEASES ON AVERAGE WITHIN 3 DAYS OF ADVERTISING ANY VACANCIES WITH MULTIPLE APPLICATIONS RECEIVED EACH TIME! GREAT LOCATION AND THE ONLY CONSTRUCTED FLOORPLAN WITH THIS MUCH SQUARE FOOTAGE IN A 2 BEDROOM 2 BATH IN ADA! HIGH SPEED INTERNET TOWER PROXIMITY MAKES THIS MULTI-FUNCTIONAL PROPERTY HIGHLY DESIRABLE FOR TENANTS. POSTMASTER APPROVED MAIL KIOSK AT ENTRY FOR TENANT MAIL & TOTAL ELECTRIC. DUPLEXES FEATURE LAUNDRY ROOM HOOK-UPS, REFRIGERATORS, DISHWASHERS, RANGES, & DISPOSALS. EACH DUPLEX HAS COVERED PARKING AREAS FOR 2 CARS & HUGE REAR PATIOS.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2017
  • Stories: 1
  • Living Area: 21,500 SqFt

Listing Office:

  • Office Name: NATIVE REALTY & LAND CO
  • Office Phone: (580) 320-8474
  • Listing Agent: Tisha Raney

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Stove, Electric Range, Electric Water Heater
  • Basement: No
  • Flooring Type: Concrete
  • Interior: High Ceilings, High Speed Internet, Laminate Counters, Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Carport, Garage

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 4.62 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N MONTE VISTA ST TO COUNTY ROAD 1520, MAKE A RIGHT HAND TURN ONTO COUNTY ROAD 1520 AND PROCEED TO COUNTY ROAD 3585, MAKE A LEFT HAND TURN ONTO COUNTY ROAD 3585 AND THE MULTI-FUNCTIONAL PROPERTY WILL BE LOCATED ON THE RIGHT SIDE OF THE ROADWAY

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $74/SqFt
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Housing Market Comparison

See how this home compares to others in Ada, OK.

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Ada, OK

City

Med. Sold Price

$194.5K

Med. Price/SqFt

$120

Avg. Days On Market

38

# of Sold Homes

33

18501 County Road 1516 vs Ada

246 DAYS ON ROCKET

+208 Days

$1,600,000

+$1.4M More

$74/SqFt

-$47 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $47/SqFt less than other homes in Ada, OK.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TULSA
  • MLS Number: #2409974

Listing Office:

  • Office Name: NATIVE REALTY & LAND CO
  • Office Phone: (580) 320-8474
  • Listing Agent: Tisha Raney

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-769282
9
/10

  • Homer Elementary School

  • 1400 N Monte Vista St

  • 2.15 miles

  • Public District Grades PK-5

school-card-donut-769283
5
/10

  • Willard Grade Center

  • 817 E 9th St

  • 2.94 miles

  • Public District Grades 5-6

school-card-donut-769284
9
/10

  • Francis Elementary School

  • 18461 County Road 1480

  • 3.61 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,667. Typical income of Ada, OK residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Ada, OK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Ada, OK?

Ada's housing market offers a blend of residential options, with single-family homes being the most prevalent, reflecting a mix of traditional and ranch-style architecture. The market is characterized by a range of properties that cater to different preferences, with a notable portion of the housing stock dating back to the mid-20th century. The homeownership rate in Ada is robust, with a significant majority of residents owning their homes, while a smaller segment of the population opts for rental opportunities.

Is Ada, OK a good place to live?

Ada is celebrated for its small-town charm and community-oriented spirit. The city prides itself on hosting events like the Ada Air Expo and the annual 4th of July fireworks display, which foster a sense of local pride and togetherness. The community's character is further defined by its local parks, historical sites, and the East Central University campus, which adds a vibrant, educational atmosphere to the area.

Are things conveniently located in Ada, OK?

The community is served by a network of public schools, including several elementary schools, a couple of middle schools, and a high school, as well as a few private educational institutions. Ada is home to a regional medical center that provides a range of healthcare services, from emergency care to specialized treatments. The city also features a public library, a variety of retail shops, and dining establishments that offer a taste of local cuisine. City initiatives are in place to continually improve these services to meet the evolving needs of Ada's residents.

What does the transportation in Ada, OK look like?

Transportation in Ada includes a mix of private and public options, with local bus services operating on a set schedule to accommodate residents and visitors. The city's layout promotes a degree of walkability, particularly in the downtown area, while bike paths are available for cycling enthusiasts. Major roads connect Ada to surrounding regions, and ongoing efforts are made to enhance the efficiency and accessibility of the city's transportation network.

Rocket Homes›Oklahoma›Pontotoc County›Ada›74820›18501 County Road 1516

This home is located at 18501 County Road 1516 in Ada, OK and zip code 74820. This 21,500 square foot home, which was built in 2017, sits on a 4.62 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,600,000.

In October 2024 more than 4 listings in Ada, OK were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 19 were sold below. Between September 2024 and October 2024, Ada, OK real estate market has seen increase in the number of listings by 10.3%. While the average time on the market in October 2024 was 38 days, the median list price was $194,500.

From Rocket Homes Real Estate and based on county public records data.

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