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8701 116th Ter

Oklahoma City, OK 73162

4 bd 3 ba 2,982 sqft Built 1996 Lot 23,775 sqft single_family
Most recent sale
$325,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $325,000 MLS #1016390
Jun 29, 2022 Listed $329,900 MLS #1016390
Mar 10, 2017 Sold $224,900 MLS #748038
Jan 10, 2017 Relisted $224,900 MLS #748038
Jan 6, 2017 Listing removed $224,900 MLSOK
Dec 8, 2016 Price changed $224,900 MLS #748038
Oct 11, 2016 Listed $229,900 MLS #748038
Sep 9, 2016 Listing removed $229,900 MLSOK
Aug 13, 2016 Price changed $229,900 MLS #730864
Jul 9, 2016 Price changed $232,900 MLS #730864
May 26, 2016 Listing removed $248,900 MLSOK
May 26, 2016 Listed $240,000 MLS #730864
Apr 11, 2016 Price changed $248,900 MLS #720154
Apr 3, 2016 Price changed $255,900 MLS #720154
Mar 31, 2016 Price changed $259,900 MLS #720154
Mar 29, 2016 Price changed $262,998 MLS #720154
Mar 18, 2016 Price changed $262,999 MLS #720154
Mar 16, 2016 Price changed $266,000 MLS #720154
Mar 8, 2016 Listed $268,500 MLS #720154
Aug 28, 1997 Sold $143,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $31,532 $6,511 $38,043 $4,854
2023 $28,772 $7,088 $35,860 $4,497
2022 $23,282 $6,396 $29,678 $3,881
2021 $21,599 $6,666 $28,265 $3,648
2020 $20,759 $6,683 $27,442 $3,614
2019 $19,229 $6,773 $26,002 $3,284
2018 $18,253 $6,992 $25,245 $3,225
2017 $21,366 $6,683 $28,049 $3,570
2016 $20,871 $6,683 $27,554 $3,406
2015 $20,465 $6,683 $27,148 $3,338
2014 $20,108 $6,683 $26,791 $3,188
2013 $19,959 $6,276 $26,235 $3,296
2012 $19,762 $6,276 $26,038 $3,325
2010 $18,140 $5,677 $23,817 $2,945
2009 $17,423 $5,260 $22,683 $2,803
2008 $16,645 $4,958 $21,603 $2,645
2006 $15,729 $4,845 $20,574 $2,300

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,982 sqft
Lot size
23,775 sqft
ZIP code
73162
City
Oklahoma City
Street
116th Ter
Coordinates
35.58782, -97.66964

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8701 116th Ter last sell?
8701 116th Ter most recently sold on Aug 12, 2022 for $325,000.
What is the current tax assessment for 8701 116th Ter?
The most recent total assessment for 8701 116th Ter (year 2025) is $38,043 with $4,854 in property tax.
How does 8701 116th Ter's assessment compare to its last sale price?
The current assessment is 88.3% below the last sale price of $325,000.
When was 8701 116th Ter built?
8701 116th Ter was built in 1996.
How does 8701 116th Ter compare to others on 116th Ter?
We track 8 other properties on 116th Ter. Browse the list under "Other properties on 116th Ter" to compare beds, baths, and sale history.
What are the property facts for 8701 116th Ter?
8701 116th Ter is a 4 bed, 3 bath, 2,982 sqft, 23,775 sqft lot single_family.
Is 8701 116th Ter a flip candidate?
No — 8701 116th Ter does not appear in our flips dataset.
Is 8701 116th Ter a tax-appeal candidate?
No — 8701 116th Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.5%
2026 Q3
$255.8K
2026 Q4
$248.6K
ZIP 73162 — Median Price History + Forecast

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