NOT LISTED FOR SALE

8961 Palermo Dr Edmond, OK 73034

Estimated Value: $399,650 - $467,000

3 Beds
2.5 Baths
2,238 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $282,500 $126 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,707/month

30 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Covered Patio or Porch
  • Heritage Elementary School Rated A
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of September 2017

YOU WILL LOVE THIS ONE!! IMMACULATE 3 bed home nestled on a Half Acre Wooded lot in Edmond Schools!!! Great Curb appeal!! Fresh Interior & Exterior Paint!! Updated Hardwood Flooring through Entry, Dining, Living, Study, & Master!! Plantation Shutters!! Open Floor plan!! Vaulted Ceiling in Living w/ Floor to Ceiling Fireplace!! Bedrooms are split plan w/Master separate!! Cascata Falls includes Community Park, Pond, Pool, & Clubhouse!! Come see what you're missing!!

Last Agent to Sell the Property

Katy Giles

BHGRE Paramount Listed on: 07/21/2017

Co-Listed By

Krista Lusey

Modern Abode Realty License #144938

Last Buyer's Agent

Michael Blevins

Metro First Realty of Edmond

Metro First Realty of Edmond

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 25,265 Sq Ft Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Metal Fireplace
  • Window Treatments
  • Utility Room with Study Area
  • Laundry Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Aerobic Septic System
  • Cable TV Available

Community Details

  • Association fees include pool
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 12 / 7

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.58 Acres

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Pool
  • Legal Addition: Cascata Falls
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System, Smoke Alarm, Underground Sprinkler
  • Oven Energy: Electric
  • Property Level: One
  • Range Energy: Gas
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2005
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile, Wood
  • Fireplace Description: Metal Insert
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Laundry Room, Paint Woodwork, Stained Wood, Window Treatment
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Inside Utility, Study
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2238

Exterior Features

  • Construction: Brick & Frame
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch
  • 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

Condo/Co-op/Association

  • Association Fee: 450

Lot Info

  • Acres: 0.5800
  • Land Sq Ft: 25265
  • Lot Description: Wooded

Green Features

  • Energy: Fireplace Insert, Storm Doors

Tax Info

  • Tax Block: 7
  • Tax Lot: 12

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 29, 2017
Sold by
Carson Gordon P and Carson Susan M
Bought by
Moore Teresa A
Seller's Agent
Katy Giles
BHGRE Paramount
Buyer's Agent
Michael Blevins
Metro First Realty of Edmond
List Price
$297,500
Sold Price
$282,500
Premium/Discount to List
-$15,000
-5.04%
Current Estimated Value
$437,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,413
Avg. Annual Appreciation
5.29%
Original Mortgage
$232,500
Outstanding Balance
$123,916
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$313,997

Purchase Details

Closed on
May 2, 2014
Sold by
Ghannam William R and Ghannam Callie A
Bought by
Carson Gordon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 2014
Sold by
Tester Alan L and Tester Carole L
Bought by
Ghannam William R and Ghannam Callie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Mar 28, 2006
Sold by
Silverstone Homes Llc
Bought by
Ghannam William R and Ghannam Callie A

Purchase Details

Closed on
Aug 18, 2005
Sold by
C & M Land Development Co Llc
Bought by
Silver Stone Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.5%
Mortgage Type
Unknown
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
Moore Teresa A $282,500 Chicago Title Oklahoma
Carson Gordon P $254,000 None Available
Ghannam William R -- None Available
Ghannam William R $227,500 None Available
Silver Stone Homes Llc $23,500 Capitol Abstrct And Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Teresa A $232,500
Previous Owner Carson Gordon P $254,000
Previous Owner Silver Stone Homes Llc $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $282,500 -5.0% $126 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $297,500 -- $133 / 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 $3,943 $36,827 $5,709 $31,118
2024 $3,752 $35,074 $5,709 $29,365
2023 $3,752 $33,404 $5,709 $27,695
2022 $3,341 $32,169 $5,709 $26,460
2021 $3,171 $30,638 $5,709 $24,929
2020 $3,252 $31,174 $5,709 $25,465
2019 $3,264 $31,174 $5,709 $25,465
2018 $3,279 $31,174 $5,709 $25,465
2017 $2,826 $26,903 $5,709 $21,194
2016 $2,763 $26,487 $5,500 $20,987
2014 $2,804 $27,900 $5,500 $22,400
2013 -- $31,065 $3,600 $27,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 782992

MLSOK

APN: 420046164

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