NOT LISTED FOR SALE

8650 Palermo Dr Edmond, OK 73034

Estimated Value: $435,000 - $468,000

4 Beds
3 Baths
2,409 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $405,000 $168 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,769/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • 3 Car Attached Garage
  • Heritage Elementary School Rated A
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of July 2023

Welcome to Cascata Falls! This peaceful Edmond schools, Logan county community sits just N of Waterloo off Bryant. As you enter the community you will find a Community Pool, great for summer enjoyment and meeting the neighbors, a playground, beautiful ponds as you wind thru the community. The home sits on a shaded .63 acre lot. This home boast over 2400' with four spacious bedrooms and three full baths. All one level living in this home, as you enter you will find the sitting room or dining room space to the right, straight ahead is the spacious living room with warm fireplace. The kitchen features warm wood cabinets, a spacious eating area all the flows to the covered patio outside for you to enjoy your summer evenings. There is a firepit as well in the yard to enjoy some evening smores!! This home has neutral fresh paint colors throughout, well cared for and ready for its next homeowner. This community you will see gorgeous sunsets in the evening, neighbors driving on their golf carts, community activities include book clubs, social gatherings, and bunkos! Or just enjoy the peacefulness of the large lots in this pretty community!! Make an appointment today!

Last Agent to Sell the Property

Heidi Rose

Rose Homes LLC Listed on: 06/07/2023

Co-Listed By

Todd Rose

Rose Homes LLC

Last Buyer's Agent

Brent Carter

Carter Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.63 Acre Lot
  • 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

  • 2,409 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Gas Log Fireplace
  • Inside Utility
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Covered Patio or Porch

Schools

  • Heritage Elementary School
  • Sequoyah Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Water Heater
  • Aerobic Septic System
  • Cable TV Available

Community Details

  • Association fees include greenbelt, maintenance common areas, pool, rec facility
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 8 / 4

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.63 Acres

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Dallas, Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Greenbelt, Maintenance Common Areas, Pool, Rec Facility
  • Legal Addition: Cascata Falls Add Ph 1
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Smoke Alarm, Underground Sprinkler
  • Oven Energy: Electric
  • Property Level: One
  • Range Energy: Electric
  • School Junior High: Sequoyah MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave, Water Heater
  • Interior Amenities: Combo Woodwork, Laundry Room, Whirlpool
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Other Rooms: Inside Utility
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2409

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Aerobic System, Cable, Electric, Gas, Rural Water

Condo/Co-op/Association

  • Association Fee: 600

Schools

  • Elementary School: Heritage ES
  • High School: North HS

Lot Info

  • Acres: 0.6300
  • Land Sq Ft: 27443
  • Lot Description: Interior

Tax Info

  • Tax Block: 4
  • Tax Lot: 8

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 28, 2023
Sold by
Young Justin A and Young Morgan
Bought by
Patel Shivam and Patel Addison
Seller's Agent
Heidi Rose
Rose Homes LLC
Buyer's Agent
Brent Carter
Carter Real Estate Group
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Views
58
Current Estimated Value
$450,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,420
Avg. Annual Appreciation
4.22%
Original Mortgage
$303,750
Outstanding Balance
$296,673
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$153,747

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 2, 2021
Sold by
Hatfield Timber L and Hatfield Patrick J
Bought by
Young Justin and Young Morgan
Seller's Agent
Matthew Hogan
828 Real Estate LLC
Buyer's Agent
Lindsey Craig
Chinowth & Cohen
List Price
$359,900
Sold Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$272,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 23, 2019
Sold by
Clouse Joel A and Clouse Heather
Bought by
Clouse Jennifer Lee
Seller's Agent
Tara Levinson
LRE Realty LLC
Buyer's Agent
Elizabeth Taylor
Coldwell Banker Select
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$256,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 20, 2019
Sold by
Clouse Jennifer Lee
Bought by
Hatfield Timber L and Hatfield Patrick J
Seller's Agent
Tara Levinson
LRE Realty LLC
Buyer's Agent
Elizabeth Taylor
Coldwell Banker Select
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Federal National Mortgage Association
Bought by
Clouse Joel Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,557
Interest Rate
5.04%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2010
Sold by
Chilcoat Alard and Chilcoat Joni
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 31, 2007
Sold by
Chilcoat Alan H and Chilcoat Joni J V
Bought by
Chilcoat Alan H and Chilcoat Joni J

Purchase Details

Closed on
Jan 2, 2007
Sold by
C & M Land Development Co Llc
Bought by
Fullerton Properties Llc

Purchase Details

Closed on
Mar 3, 2006
Sold by
Fullerton Properties Llc
Bought by
Chilcoat Alan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,050
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
C & M Land Development Co Llc
Bought by
Fullerton Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Patel Shivam $405,000 Chicago Title
Young Justin $357,000 Elite Title Services Llc
Clouse Jennifer Lee -- First American Title
Hatfield Timber L $285,000 First American Title
Clouse Joel Andrew $229,000 Oklahamo Red Closing & Title
Federal National Mortgage Association -- None Available
Chilcoat Alan H -- The Oklahoma City Abstract &
Fullerton Properties Llc -- None Available
Chilcoat Alan H $244,500 Lawyers Title Of Oklahoma Ci
Fullerton Properties Llc $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Shivam $303,750
Previous Owner Young Justin $272,500
Previous Owner Hatfield Timber L $256,500
Previous Owner Clouse Joel Andrew $236,557
Previous Owner Chilcoat Alan H $220,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $405,000 -2.2% $168 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/28/2023 06/28/23 Price Changed $414,000 -0.2% $172 / Sq Ft
06/22/2023 06/22/23 For Sale $415,000 0.0% $172 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $415,000 +15.3% $172 / Sq Ft
08/04/2021 08/04/21 Sold $359,900 0.0% $140 / Sq Ft View Prior Sale
07/02/2021 07/02/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $359,900 +26.3% $140 / Sq Ft
08/29/2019 08/29/19 Sold $285,000 -5.0% $111 / Sq Ft View Prior Sale
07/26/2019 07/26/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $299,900 -- $117 / Sq Ft
Source: MLSOK

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 $4,778 $44,629 $6,870 $37,759
2024 $4,828 $45,133 $6,870 $38,263
2023 $4,828 $38,716 $6,870 $31,846
2022 $4,022 $38,716 $6,870 $31,846
2021 $3,239 $31,288 $6,870 $24,418
2020 $3,324 $31,868 $6,870 $24,998
2019 $3,013 $28,774 $6,870 $21,904
2018 $3,027 $28,774 $6,870 $21,904
2017 $2,933 $27,912 $6,238 $21,674
2016 $2,773 $26,584 $5,044 $21,540
2014 $2,922 $28,040 $5,044 $22,996
2013 -- $29,769 $5,040 $24,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: OKC1064942

MLSOK

APN: 420046138

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