Unleash your boundless potential with Petroleum Estates, a sprawling 41.88-acre property awaiting your visionary touch! This prime property comes fully equipped with essential utilities and well-established roads, setting the stage for seamless development. In addition to its commercial potential, Petroleum Estates offers residential building lots ready for your next housing project. Petroleum Estates also has a coveted location adjacent to Mercy Hospital, offering unparalleled convenience and accessibility for medical professionals and patients alike. With ample space for expansion, multiple access points, and strategically positioned Arlington frontage acreage, the possibilities are limitless. Whether you envision a cutting-edge medical facility, a dynamic commercial hub, a vibrant apartment complex, or a charming residential community, this is your opportunity to make your mark. Contact us now to secure a copy of the plat and explore the proposed development plan. Let's turn your dreams into reality at Petroleum Estates!
Property Details
Property Features
Listing Office:
Office Name: Mary Terry & Associates Real E
Office Phone: (580) 332-8933
Listing Agent: Tyler Thompson
Lot Features
Lot Information:
Lot Size: 41.88 Acres
Other
Directions Information:
Directions: Property can be accessed off Arlington St or County Road 3585 or County Road 1550
Price Information
Listing Price Info
Price Summary:
List Price: $2,400,000
What can I afford?
Understand what home price range makes sense for your budget.
This property is $2.2M more than the Median Sold Price in Ada, OK.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: TULSA
MLS Number: #2430579
Listing Office:
Office Name: Mary Terry & Associates Real E
Office Phone: (580) 332-8933
Listing Agent: Tyler Thompson
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: 11/21/2024, 1:20:49 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12K
Per Month
Principal & Interest
$11.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,262
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Latta Elementary School
13925 County Road 1560
Distance between this listing and this school2.07 miles
Public District Grades PK-5
4
/10
Washington Grade Center
600 S Oak Ave
Distance between this listing and this school2.23 miles
Public District Grades 3-4
5
/10
Willard Grade Center
817 E 9th St
Distance between this listing and this school2.69 miles
Public District Grades 5-6
Nearby Schools
6
/10
Latta Middle School
13925 County Road 1560
Distance between this listing and this school1.99 miles
Public District Grades 6-8
6
/10
Byng Elementary School
214 Stokes Dr
Distance between this listing and this school8.53 miles
Public District Grades 4-6
4
/10
Byng Jr High School
214 Stokes Dr
Distance between this listing and this school8.56 miles
Public District Grades 7-9
Nearby Schools
9
/10
Ada High School
1400 Stadium Dr
Distance between this listing and this school1.84 miles
Public District Grades 10-12
5
/10
Ada Junior High School
223 W 18th St
Distance between this listing and this school2.01 miles
Public District Grades 7-9
7
/10
Latta High School
13925 County Road 1560
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $47,585. Typical income of Ada, OK residents is less than $35k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
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.
Frequently Asked Questions About Arlington
What is the listing price of this property?
The listing price of Arlington property is $2,400,000.
What type of property is this?
The property Arlington is land located in Ada, Oklahoma, 74820.
Is this property for sale now?
Active Listing: Arlington is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Arlington in Ada, OK and zip code 74820. This home sits on a 41.88 acre lot. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $2,400,000.
While more than 4 listings in Ada, OK in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 19 were sold below. In October 2024 in Ada, OK there were 10.3% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $194,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.