Seller's Agent in 2024
Teresa Favors
Coldwell Banker Select
(405) 640-4700
5 in this area
190 Total Sales
2005 Novate Ln Edmond, OK 73034
Waterloo NeighborhoodEstimated Value: $611,000 - $704,000
4
Beds
5
Baths
3,278
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Home Office
- Heritage Elementary School Rated A
- Bonus Room
- Covered Patio or Porch
About This Home
As of May 2024HUGE PRICE REDUCTION!!! Welcome to this executive home in a very desirable neighborhood! This 4-bedroom, 5-bath haven is the epitome of warmth and charm, providing the perfect blend of modern luxury and rustic coziness. Step inside and be greeted by a spacious living area adorned with a rustic fireplace and vaulted ceiling with wood beams where you can unwind with loved ones on chilly evenings. The heart of the home boasts a well-appointed kitchen featuring beautiful granite countertops, creating a perfect space for culinary creativity and family gatherings. This delightful abode offers four bedrooms, each radiating a sense of tranquility and comfort. The master suite is a sanctuary of relaxation, featuring ample space and a private bath for a spa-like experience. With five baths in total, morning routines become stress-free, ensuring everyone has their own space to prepare for the day ahead. As you explore further, discover the versatile bonus room – an ideal space for possible 5th bedroom, playroom, or entertainment hub. This bonus room adds a touch of flexibility to the already thoughtfully designed layout. Outside, the charm continues with a welcoming, covered back patio, perfect for sipping your morning coffee or catching a football game. While the home itself is a haven, the surrounding community adds an extra layer of appeal. Enjoy the luxury of a relaxing community pool while the playground and basketball court cater to active lifestyles, providing opportunities for outdoor fun and friendly competition. Pre-inspected by relocation company with zero defects for added peace of mind.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $602
Year Built
- Built in 2015
Lot Details
- 0.52 Acre Lot
- South Facing Home
- Chain Link Fence
- Interior Lot
- Sprinkler System
HOA Fees
- $50 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Dallas Architecture
- Slab Foundation
- Brick Frame
- Composition Roof
Interior Spaces
- 3,278 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Home Office
- 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
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Possible Extra Bedroom
- 5 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Heritage Elementary School
- Sequoyah Middle School
- North High School
Utilities
- Zoned Heating and Cooling
- Private Water Source
- Water Heater
- Aerobic Septic System
- Cable TV Available
Community Details
- Association fees include greenbelt, pool
- Mandatory home owners association
Listing and Financial Details
- Legal Lot and Block 5 / 9
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2023
Closed on
Apr 29, 2024
Sold by
Nat'L Resid Nominee Svc Inc
Bought by
Durrani Zia Ur Rehman and Ullah Rukshar
Seller's Agent
Teresa Favors
Coldwell Banker Select
Buyer's Agent
Shannan Booher
Block One Real Estate
List Price
$620,000
Sold Price
$584,000
Premium/Discount to List
-$36,000
-5.81%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,371
Avg. Annual Appreciation
4.53%
Original Mortgage
$467,200
Outstanding Balance
$459,278
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$158,266
Purchase Details
Closed on
Dec 23, 2023
Sold by
Mccloskey Douglas and Mccloskey Kelly
Bought by
National Residentail Nominee Services Inc
Purchase Details
Listed on
Dec 7, 2021
Closed on
Jan 26, 2022
Sold by
Stansbury and Staci
Bought by
Mccloskey Douglas and Mccloskey Kelly
Seller's Agent
Todd Rose
Rose Homes LLC
Buyer's Agent
Teresa Favors
Coldwell Banker Select
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$550,000
Interest Rate
3.22%
Mortgage Type
VA
Purchase Details
Listed on
May 26, 2015
Closed on
Aug 6, 2015
Sold by
Silver Stone Homes Llc
Bought by
Stansbury Steve
Seller's Agent
Jennifer Fields
RE/MAX at Home
Buyer's Agent
Kanela Huff
McGraw REALTORS (BO)
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$405,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Durrani Zia Ur Rehman | $584,000 | Chicago Title | |
| National Residentail Nominee Services Inc | $584,000 | Chicago Title | |
| Mccloskey Douglas | $12,000 | Chicago Title | |
| Stansbury Steve | $450,000 | Oklahoma City Abstract & Tit |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Durrani Zia Ur Rehman | $467,200 | |
| Previous Owner | Mccloskey Douglas | $550,000 | |
| Previous Owner | Stansbury Steve | $1,474,000 | |
| Previous Owner | Stansbury Steve | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $584,000 | -1.0% | $178 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | Price Changed | $589,900 | -1.7% | $180 / Sq Ft |
| 03/19/2024 03/19/24 | Price Changed | $599,900 | -1.7% | $183 / Sq Ft |
| 02/16/2024 02/16/24 | Price Changed | $610,000 | +1.7% | $186 / Sq Ft |
| 01/26/2024 01/26/24 | Price Changed | $600,000 | -1.6% | $183 / Sq Ft |
| 01/10/2024 01/10/24 | Price Changed | $610,000 | -1.6% | $186 / Sq Ft |
| 12/15/2023 12/15/23 | For Sale | $620,000 | +12.7% | $189 / Sq Ft |
| 01/26/2022 01/26/22 | Sold | $550,000 | 0.0% | $168 / Sq Ft |
| 12/11/2021 12/11/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | $550,000 | +22.2% | $168 / Sq Ft |
| 08/06/2015 08/06/15 | Sold | $450,000 | +2.5% | $139 / Sq Ft |
| 07/21/2015 07/21/15 | Pending | -- | -- | -- |
| 05/26/2015 05/26/15 | For Sale | $439,000 | -- | $135 / Sq Ft |
Source: MLSOK
Tax History Compared to Growth
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 | $602 | $60,173 | $5,396 | $54,777 |
| 2023 | $602 | $58,419 | $5,434 | $52,985 |
| 2022 | $4,646 | $45,659 | $5,434 | $40,225 |
| 2021 | $4,492 | $44,330 | $5,434 | $38,896 |
| 2020 | $4,905 | $47,953 | $5,434 | $42,519 |
| 2019 | $4,923 | $47,953 | $5,434 | $42,519 |
| 2018 | $4,946 | $47,953 | $5,434 | $42,519 |
| 2017 | $5,116 | $49,633 | $5,434 | $44,199 |
| 2016 | $5,059 | $49,428 | $5,434 | $43,994 |
| 2014 | $88 | $845 | $845 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Favors
-
Shannan Booher
Buyer's Agent in 2024
Shannan Booher
Block One Real Estate
(405) 760-4670
3 in this area
71 Total Sales
-
Todd Rose
Seller's Agent in 2022
Todd Rose
Rose Homes LLC
(405) 514-0171
14 in this area
104 Total Sales
-
Jennifer Fields
Seller's Agent in 2015
Jennifer Fields
RE/MAX
(405) 412-2273
34 in this area
414 Total Sales
-
Kanela Huff
Buyer's Agent in 2015
Kanela Huff
McGraw REALTORS (BO)
(405) 826-0913
45 Total Sales
Map
Source: MLSOK
MLS Number: 1091839
APN: 420053645
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