NOT LISTED FOR SALE

Estimated Value: $1,229,400 - $1,283,000

4 Beds
5 Baths
5,100 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $1,180,000 $231 Per Sq Ft

Current estimated payment $7,246/month

37 Days on Market

Highlights

  • 1.01 Acre Lot
  • Wooded Lot
  • Whirlpool Bathtub
  • Chisholm Elementary School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of August 2023

Let's start with the game room and theater room are on the lower level! All footage down except a bonus room and half bath up! As you wind through this gated community, you are greeted with views of over 90 acres of the Federal Conservation area. Relax after a long day on the large covered porches of your home at Chitwood at the Lake! This home boast features that include: 2x6 exterior walls with Icynene foam insulation, Tech Shield roof decking, larger secondary bedrooms, Christmas plugs under the eaves, full cedar insulated garage doors, 4 1/2 car garage, half garage has back garage door for riding mowers & other man-cave stuff! water well for irrigation only, Upstairs bonus room & half bath completed in April 2023 including HVAC! Fiber optic internet, wired for surround sound in theater, family & back porch, reclaimed antique wood mantle, curbless walk-in showers, true wood floors with curbless transition, air jet tub in primary, rain shower in primary, knotty alder interior trim custom built on site, recirculating hot water tanks, and more! (See amenities list for more!!)

Last Agent to Sell the Property

J. Chip Chipman

Chinowth & Cohen Listed on: 05/27/2023

Last Buyer's Agent

J. Chip Chipman

Chinowth & Cohen Listed on: 05/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,685

Year Built

  • Built in 2013

Lot Details

  • 1.01 Acre Lot
  • West Facing Home
  • Interior Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone

Interior Spaces

  • 5,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Game Room
  • Utility Room with Study Area
  • Laundry Room
  • Inside Utility
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Brick
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chisholm Elementary School
  • Cimarron Middle School
  • Memorial High School

Utilities

  • Zoned Heating and Cooling
  • Well
  • Water Heater
  • Aerobic Septic System
  • High Speed Internet

Community Details

  • Association fees include gated entry, greenbelt, pool, rec facility
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 06 / 06

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,685

Year Built

Built in 2013

Lot Details

0

HOA Fees

$79 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Gated Entry, Greenbelt, Pool, Rec Facility
  • Dining Areas: 2
  • Inlaw Plan Yn: No
  • Legal Addition: Lake at Chitwood Farms
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Kitchen External Exhaust, Security System, Underground Sprinkler
  • Oven Energy: Electric
  • Property Faces: West
  • Property Level: One and one-half
  • Range Energy: Gas
  • Roof Year: 2020
  • School Junior High: Cimarron MS
  • Section: 6
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Floors: Brick, Stone
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
  • Interior Amenities: Ceiling Fan, Laundry Room, Stained Wood, Whirlpool
  • Fireplaces: 1
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Living Areas: 6
  • Other Rooms: Bonus, Game Room, Inside Utility, Study
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 5100

Exterior Features

  • Construction: Brick, Stone
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch
  • Foundation: Slab
  • Roof: Heavy Comp

Garage/Parking

  • Garage Capacity: 4
  • Garage Description: Attached
  • Parking: Circle Drive, Concrete Drive

Utilities

  • Cooling System: Zoned Electric
  • Heat System: Zoned Gas
  • Utilities Available: Aerobic System, Electric, Gas, High Speed Internet, Private Well

Condo/Co-op/Association

  • Association Fee: 950

Schools

  • Elementary School: Chisholm ES
  • High School: Memorial HS

Lot Info

  • Acres: 1.0106
  • Land Sq Ft: 44022
  • Lot Description: Interior, Wooded

Tax Info

  • Tax Block: 06
  • Tax Lot: 06

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Aug 16, 2023
Sold by
Chipman 2004 Revocable Trust
Bought by
Kalcich 2004 Revocable Trust
Seller's Agent
J. Chip Chipman
Chinowth & Cohen
Buyer's Agent
J. Chip Chipman
Chinowth & Cohen
List Price
$1,210,000
Sold Price
$1,180,000
Premium/Discount to List
-$30,000
-2.48%
Total Days on Market
37
Views
108
Current Estimated Value
$1,176,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,295
Avg. Annual Appreciation
3.65%
Original Mortgage
$885,000
Outstanding Balance
$867,348
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$401,329

Purchase Details

Closed on
Mar 28, 2013
Sold by
Chipman Joseph J and Chipman Delana P
Bought by
Chipman Joseph J and Chipman Delana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Chitwood Farms Llc
Bought by
Chipman Joseph J and Chipman Delana P
Source: Public Records

Range of Values:

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Average Value
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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
Kalcich 2004 Revocable Trust $1,180,000 First American Title
Chipman Joseph J -- American Eagle Title Group
Chipman Joseph J -- American Eagle Title Group
Chipman Joseph J $100,000 Capitol Abstract & Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalcich 2004 Revocable Trust $885,000
Previous Owner Chipman Joseph $50,815
Previous Owner Chipman Joseph J $417,000
Previous Owner Chipman Joseph J $506,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $1,180,000 -1.3% $231 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $1,195,000 -1.2% $234 / Sq Ft
05/27/2023 05/27/23 For Sale $1,210,000 -- $237 / Sq Ft
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 $8,685 $121,605 $13,801 $107,804
2023 $8,685 $83,315 $10,437 $72,878
2022 $8,303 $79,348 $12,074 $67,274
2021 $7,871 $75,570 $10,653 $64,917
2020 $7,804 $74,030 $12,881 $61,149
2019 $7,986 $75,405 $12,881 $62,524
2018 $8,005 $75,130 $0 $0
2017 $8,050 $75,899 $11,621 $64,278
2016 $8,060 $76,154 $10,779 $65,375
2015 $7,667 $72,528 $11,000 $61,528
2014 $7,657 $72,531 $11,000 $61,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1063646

MLSOK

APN: 210011400