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1053 North Ridgecrest Way

1053 North Ridgecrest Way, Mustang, OK 73064
Sold Oct 05, 2020
$193,000
$191,387 by F & M Bank
Mortgage Due Oct 01, 2050
Sold Dec 26, 2019
$33,500
1053 North Ridgecrest Way in Mustang, OK was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1053 North Ridgecrest Way has 1,447 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,119 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a attached garage. The garage is 400 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1053 North Ridgecrest Way sold most recently in Sep 24, 2020 for a total of $193,000. If you work out the math, that's approximately a cost of $133.38 per sqft. Before that, the property was also sold for $33,500 in Dec 23, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,166 in taxes each year. 1053 North Ridgecrest Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,711. If we break it down further, the land itself was valued at $4,020. Improvements to the property, however, were assessed at a total of $18,691. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,119
  • Total Building Area: 1,447
  • Gross Building Area: 1,547
  • Building Area: 1,447
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,447
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEVIEW BLKS 10-14
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGE VIEW BLKS 10-14 LT 10 BLK 14

Ownership

  • Current Owner : LEHMAN WENDY D
  • Current Owner 2: LEHMAN BRIAN E
  • Previous Owner : LIBERTON INC
  • Owner Before Previous Owner: MCCCOY DONALD DEAN
  • Owner Before Previous Owner 2: MCCOY SUZANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Mustang Public Schools
  • School Tax School District: MUSTANG SD
  • Census Tract: 301407

Geography

  • Assessors Map Reference: 11N-5W-29-NE
  • Account Number: 090006733
  • District: T040
  • Parcel: 090006733
  • Block: 10-14
  • Lot: 10
  • Meridian: SEC 29 TWN 11N RNG 05W
  • Municipality: MUSTANG
  • Latitude: 35.4009
  • Longitude: -97.7466

    Address

  • Full Address: 1053 N Ridgecrest Way
  • Address - House Number: 1053
  • Street Direction: N
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Way
  • State: OK
  • City Name: Mustang
  • Carrier Code: C002
  • 4-Digit Zip Code: 2742
  • Zip Code: 73064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,166
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 262,179
  • High Value: 300,725
  • Low Value: 223,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,387
  • First Open Lien Mortgage Lender: F & M BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Loan Amount: $191,387
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $246,220
  • Market Land Value: $33,500
  • Market Improvement Value: $212,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,711
  • Assessed Land Value: $4,020
  • Assessed Improvements Value: $18,691

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11791528572
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2020 211069
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 23, 2019
  • Previous Sale Amount: $33,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: F & M BANK
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $191,387
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Southwest Oklahoma City



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Frequently Asked Questions

What neighborhood is 1053 North Ridgecrest Way located in?
The 1053 North Ridgecrest Way is a located in the neighborhood of Southwest Oklahoma City in Southwest Oklahoma City, Mustang.
What is the average sales price for listings in 1053 North Ridgecrest Way?
The average sales price for units in 1053 North Ridgecrest Way is $0 currently.

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