NOT LISTED FOR SALE

2701 Summit Lake Blvd Edmond, OK 73012

Deer Creek Neighborhood

Estimated Value: $809,000 - $949,000

4 Beds
4.5 Baths
4,265 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $447,000 $105 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,493/month

Highlights

  • Lake Front
  • Commercial Range
  • Traditional Architecture
  • Prairie Vale Elementary School Rated A
  • 0.83 Acre Lot
  • Wood Flooring

About This Home

As of February 2012

BELOW APPRAISAL! MOTIVTD SELLER! $110 / SF! BEST LUXURY VALUE! Wonderful open & flowing fp * Formal & informal living spaces perfect for casual family living or entertaining * Wood floors, neutral tile, warm cabinetry, natural light t/o * Gourmet granite island kitchen w/ adjoining breakfast area overlooks bkyd * flagstone patio * Large main floor mstr * 3 Car side entry garage * Giant upstairs game room * Award Winning Deer Creek Schools

Last Agent to Sell the Property

Jake Edson

Listed on: 10/25/2011

Last Buyer's Agent

Christina Sagehorn

Oak N Ivy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,489

Year Built

  • Built in 2006

Lot Details

  • 0.83 Acre Lot
  • Lake Front
  • South Facing Home
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 4,265 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Double Pane Windows
  • Game Room
  • Inside Utility

Kitchen

  • Electric Oven
  • Commercial Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Possible Extra Bedroom
  • Cedar Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 011 / 002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,489

Year Built

Built in 2006

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Gated Entry, Greenbelt
  • Dining Areas: 2
  • Handicap Yn: No
  • Inlaw Plan Yn: No
  • Land Dimensions: Irreg. 3/4 Ac.
  • Legal Addition: Summit Lake Est I
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Underground Sprinkler
  • Oven Energy: Electric
  • Property Faces: South
  • Property Level: Two
  • Range Energy: Gas
  • Roof Year: 2007
  • Section: 18
  • Year Built: 2006
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Wood
  • Fireplace Description: Masonry
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Cedar Closet, Paint Woodwork
  • Fireplaces: 1
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Rooms: 14
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Areas: 3
  • Other Rooms: Game Room, Inside Utility, Optional Bedroom
  • Oven Type: Commercial
  • Range Type: Commercial
  • Total Sq Ft: 4265

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Covered Patio
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Detached
  • Parking: Concrete Drive

Utilities

  • Cooling System: Zoned Electric
  • Heat System: Zoned Gas
  • Utilities Available: Cable, Electric, Gas, Septic Tank, Private Well

Condo/Co-op/Association

  • Association Fee: 750

Lot Info

  • Acres: 0.8254
  • Land Sq Ft: 35955
  • Lot Description: Corner, Lakefront

Green Features

  • Energy: Double Glazed Windows

Tax Info

  • Tax Block: 002
  • Tax Lot: 011

MLS Schools

  • School District: Deer Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 22, 2012
Sold by
Riviera Investment Company Llc
Bought by
Cunningham Carnell C and Cunningham Anja
Seller's Agent
Jake Edson
Buyer's Agent
Christina Sagehorn
Oak N Ivy Realty
List Price
$469,500
Sold Price
$447,000
Premium/Discount to List
-$22,500
-4.79%
Current Estimated Value
$890,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,788
Avg. Annual Appreciation
5.18%
Original Mortgage
$439,500
Outstanding Balance
$301,967
Interest Rate
3.95%
Mortgage Type
VA
Estimated Equity
$588,821

Purchase Details

Closed on
Aug 15, 2008
Sold by
Riviera Construction Co Llc
Bought by
Riviera Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2006
Sold by
Summit Lake Llc
Bought by
Riviera Construction Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,100
Interest Rate
6.1%
Mortgage Type
Construction
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
Cunningham Carnell C $447,000 Fatco
Riviera Investment Co Llc $640,500 Capitol Abstract & Title Co
Riviera Construction Co Llc $85,000 Capitol Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Carnell C $439,500
Previous Owner Riviera Investment Co Llc $325,000
Previous Owner Riviera Construction Co Llc $447,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2012 02/22/12 Sold $447,000 -4.8% $105 / Sq Ft
01/21/2012 01/21/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $469,500 -- $110 / 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 $8,489 $71,440 $10,447 $60,993
2023 $8,489 $69,360 $10,906 $58,454
2022 $7,617 $67,340 $12,220 $55,120
2021 $7,268 $65,378 $11,392 $53,986
2020 $7,077 $57,761 $11,479 $46,282
2019 $409 $56,078 $10,393 $45,685
2018 $397 $54,445 $0 $0
2017 $386 $52,859 $10,108 $42,751
2016 $6,326 $51,319 $9,713 $41,606
2015 $5,632 $49,825 $12,078 $37,747
2014 $5,630 $49,295 $11,548 $37,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 471980

MLSOK

APN: 206501180