Seller's Agent in 2024
Mike Melchert
Keller Williams Central OK ED
(405) 820-9103
48 Total Sales
513 Dripping Springs Dr Edmond, OK 73034
Estimated Value: $251,000 - $410,682
3
Beds
2
Baths
2,269
Sq Ft
$160/Sq Ft
Est. Value
Highlights
- Waterfront
- Deck
- Wooded Lot
- Heritage Elementary School Rated A
- Contemporary Architecture
- 2 Car Attached Garage
About This Home
As of September 2024Totally remodeled inside and outside 3b2B 2269 sqft home on 1.30 (mol) wooded acres watershed pond view in NE Edmond. Country living w/NO HOA! Just 1 mile north of Waterloo on Broadway; **Edmond schools**, quick 10 min drive to shopping! Beautiful new interior blends modern design with 1979 architectural charm. 5 skylights throughout the home provide amazing natural light complemented perfectly by all new LED lighting. Distinctive, Super cool open air atrium pre-wired for your hot tub or great for raised gardens too, picnic table or extra entertainment area. No cookie cutter floor plan here! New open concept kitchen/dining/living room incredible 9ft island with completely new chefs kitchen-all new cabinetry, exquisite 3cm White Nile granite, electric downdraft Jenn Air cooktop, new builtin oven and microwave, gorgeous farm sink, all new lighting, remote control built in electric fireplace in the living room-all with an incredible view of the HUGE NEW 1100+/- sqft modern wood deck. All new flooring throughout including and new carpet in all 3 bedrooms. Buyers will love entering the elegant master bath through the modern farm house barn door to a luxurious double size shower, lovely granite new cabinetry, fixtures, and large closet. Guest bath sporting all new cabinetry, shower, granite and modern fixtures. Professionally painted inside & out. Updated HVAC, new water heater, plumbing fixtures, all new siding, rain gutters, spray foam insulation, updated lighting including beautiful driveway lamp posts all with automatic dawn to dusk timers! Private Well (no city water bills!), septic, garage floor storm cellar, whole yard 15 zone sprinkler system! 2 outbuildings included & room for more or even a shop! A unique property and great setup for the Buyer looking for a home with loads of character. Several resident deer and turkeys will even welcome you home from time to time. Move in Ready and Easy to show! Seller is a current OK real estate licensee #157918.
Home Details
Home Type
- Single Family
Year Built
- Built in 1979
Lot Details
- 1.3 Acre Lot
- Waterfront
- South Facing Home
- Interior Lot
- Sprinkler System
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Slab Foundation
- Brick Frame
- Composition Roof
- Masonry
Interior Spaces
- 2,269 Sq Ft Home
- 1-Story Property
- Self Contained Fireplace Unit Or Insert
- Vinyl Flooring
Kitchen
- Built-In Oven
- Electric Oven
- Built-In Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Outdoor Storage
- Outbuilding
- Rain Gutters
Schools
- Heritage Elementary School
- Sequoyah Middle School
- North High School
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- Greenbelt
Listing and Financial Details
- Legal Lot and Block 18 / 002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Sep 12, 2024
Sold by
Melchert Investments Llc
Bought by
Mcdonald Stuart Anthony and Mcdonald Janet
Seller's Agent
Mike Melchert
Keller Williams Central OK ED
Buyer's Agent
Tara Levinson
LRE Realty LLC
List Price
$418,000
Sold Price
$398,000
Premium/Discount to List
-$20,000
-4.78%
Views
26
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
-$35,329
Avg. Annual Appreciation
-7.22%
Original Mortgage
$378,100
Outstanding Balance
$373,705
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$11,034
Purchase Details
Closed on
Apr 29, 2024
Sold by
Schene Jay M and Carlin Catherine F
Bought by
Melchert Investments Llc
Purchase Details
Closed on
Feb 4, 2005
Sold by
Brooks Delma R
Bought by
Schene Jay M and Carlin Catherine F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,578
Interest Rate
5.85%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Mcdonald Stuart Anthony | $398,000 | Legacy Title | |
| Melchert Investments Llc | $193,500 | Chicago Title | |
| Schene Jay M | $169,500 | Capitol Abstract & Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcdonald Stuart Anthony | $378,100 | |
| Previous Owner | Schene Jay M | $162,578 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $398,000 | -4.8% | $175 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 08/06/2024 08/06/24 | For Sale | $418,000 | -- | $184 / 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 |
|---|---|---|---|---|
| 2025 | $2,709 | $23,963 | $4,197 | $19,766 |
| 2024 | $2,485 | $21,998 | $4,197 | $17,801 |
| 2023 | $2,485 | $20,951 | $4,197 | $16,754 |
| 2022 | $2,192 | $19,953 | $4,197 | $15,756 |
| 2021 | $2,185 | $19,953 | $4,197 | $15,756 |
| 2020 | $2,195 | $19,897 | $4,197 | $15,700 |
| 2019 | $2,158 | $19,493 | $3,556 | $15,937 |
| 2018 | $2,168 | $19,493 | $3,556 | $15,937 |
| 2017 | $2,191 | $19,731 | $3,556 | $16,175 |
| 2016 | $2,080 | $18,855 | $3,556 | $15,299 |
| 2014 | $2,075 | $18,830 | $3,556 | $15,274 |
| 2013 | $2,183 | $20,543 | $3,880 | $16,663 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Melchert
-
Tara Levinson
Buyer's Agent in 2024
Tara Levinson
LRE Realty LLC
(405) 532-6969
2,909 Total Sales
Map
Source: MLSOK
MLS Number: 1125227
APN: 420009130
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