NOT LISTED FOR SALE

8885 Palermo Dr Edmond, OK 73034

Estimated Value: $491,000 - $533,000

4 Beds
3 Baths
2,846 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $465,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,312/month

70 Days on Market

Highlights

  • Waterfront
  • Deck
  • Traditional Architecture
  • Heritage Elementary School Rated A
  • Lake, Pond or Stream
  • Corner Lot

About This Home

As of November 2022

Bring your lawn chair and your fishing pole! Spend your evenings entertaining friends and family on the deck of this newly remodeled home in Cascata Falls. You and your family will enjoy tons of natural lighting in this newly remodeled home. Entering, you will enjoy the openness of the dining room, living room and kitchen with large picture windows overlooking the private pond. New hardwood floors throughout the house and an added bonus room upstairs for your kids and their friends to enjoy. The home has an attached 2 car garage with an extra garage/shop added to the house. Added garage is large enough to store all of your lawn care needs with room to spare for your weekend hobbies. This house has a NEW HVAC unit, NEW paint, NEW Flooring, NEW spray foam insulation, NEW Roof, NEW Carpet in the bonus room. Rural Water in the house. Sprinkler system is run from well. New well pump installed. Schedule your showing now!

Last Agent to Sell the Property

Kim Priddy

All County Heartland Prop Mgmt License #184382 Listed on: 08/28/2022

Last Buyer's Agent

Kim Priddy

All County Heartland Prop Mgmt License #184382 Listed on: 08/28/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 1.27 Acre Lot
  • Waterfront
  • Corner Lot

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2,846 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include greenbelt, pool
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 9 / 7

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

1.27 Acres

HOA Fees

$54 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Greenbelt, Pool
  • Legal Addition: Cascata Falls Add Ph 1
  • Mandatory Association Dues Yn: Yes
  • Property Level: One and one-half
  • School Junior High: Sequoyah MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 2005
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Gas Logs
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Total Sq Ft: 2846

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Patio, Open Deck, Pond, Rain Gutters, Workshop
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Condo/Co-op/Association

  • Association Fee: 650

Schools

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

Lot Info

  • Acres: 1.2700
  • Land Sq Ft: 55321
  • Lot Description: Corner, Waterfront

Tax Info

  • Tax Block: 7
  • Tax Lot: 9

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Nov 22, 2022
Sold by
Five55 Venture Llc
Bought by
Russell Joshua M and Russell Cynthia K
Seller's Agent
Kim Priddy
All County Heartland Prop Mgmt
Buyer's Agent
Kim Priddy
All County Heartland Prop Mgmt
List Price
$549,000
Sold Price
$465,000
Premium/Discount to List
-$84,000
-15.3%
Views
124
Current Estimated Value
$518,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,502
Avg. Annual Appreciation
3.30%
Original Mortgage
$418,500
Outstanding Balance
$405,828
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$112,674

Purchase Details

Listed on
Aug 28, 2022
Closed on
Oct 7, 2022
Sold by
Priddy Shawn and Priddy Kim
Bought by
Five55 Venture Llc
Seller's Agent
Kim Priddy
All County Heartland Prop Mgmt
Buyer's Agent
Kim Priddy
All County Heartland Prop Mgmt
List Price
$549,000
Sold Price
$465,000
Premium/Discount to List
-$84,000
-15.3%
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Outstanding Balance
$405,828
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$112,674

Purchase Details

Closed on
Jul 22, 2022
Sold by
Quick Real Estate Solutions Llc
Bought by
Priddy Shawn and Priddy Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 2, 2022
Sold by
Quick Real Estate Solutions Llc
Bought by
Priddy Shawn and Priddy Kim

Purchase Details

Closed on
Apr 20, 2022
Sold by
Ogden John B and Ogden Sidney
Bought by
Quick Real Estate Solutions Llc

Purchase Details

Closed on
Apr 11, 2008
Sold by
Mcgovern Don S and Mcgovern Parn R
Bought by
Ogden Jhon B and Hendrickson Sidney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.11%
Mortgage Type
New Conventional
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
Russell Joshua M -- Old Republic Title
Five55 Venture Llc -- --
Priddy Shawn -- Old Republic Title
Priddy Shawn -- Old Republic Title
Quick Real Estate Solutions Llc -- Old Republic Title
Ogden Jhon B $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Joshua M $418,500
Previous Owner Priddy Shawn $220,000
Previous Owner Ogden Jhon B $175,000
Closed Quick Real Estate Solutions Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $465,000 -6.8% $163 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $499,000 -3.9% $175 / Sq Ft
09/27/2022 09/27/22 Price Changed $519,000 -3.7% $182 / Sq Ft
09/14/2022 09/14/22 Price Changed $539,000 -1.8% $189 / Sq Ft
08/28/2022 08/28/22 For Sale $549,000 -- $193 / 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 $5,850 $54,634 $8,897 $45,737
2024 $5,827 $54,469 $8,897 $45,572
2023 $5,827 $51,875 $8,897 $42,978
2022 $3,741 $36,942 $8,897 $28,045
2021 $3,616 $35,866 $8,897 $26,969
2020 $3,721 $36,601 $8,897 $27,704
2019 $3,623 $35,535 $8,897 $26,638
2018 $3,531 $34,500 $8,897 $25,603
2017 $3,421 $33,495 $10,754 $22,741
2016 $3,176 $31,375 $8,852 $22,523
2014 $3,251 $32,192 $8,154 $24,038
2013 -- $34,096 $3,600 $30,496
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kim Priddy

    All County Heartland Prop Mgmt

    (405) 669-7313

    30 Total Sales

    Kim Priddy
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Map

Source: MLSOK

MLS Number: 1026215

MLSOK

APN: 420046161

Oklahoma Logan County Edmond 73034

8885 Palermo Dr, Edmond, OK

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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