NOT LISTED FOR SALE

8998 Palermo Dr Edmond, OK 73034

Estimated Value: $467,199 - $517,000

3 Beds
4 Baths
2,711 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $328,500 $121 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,048/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Interior Lot
  • Heritage Elementary School Rated A
  • 3 Car Attached Garage
  • Double Pane Windows

About This Home

As of July 2019

A refreshed interior and inviting exterior can be found in this Cascata Falls beauty. Wood floors greet you leading you past the formal dining room and study into the large living room with wood burning fireplace and built ins. The kitchen is set up with plenty of counter space, island, pantry and granite countertops. The master bedroom is private with large windows, spa like bathroom and large walk in closet. The secondary bedrooms share a bathroom and are located close to the staircase for the bonus room. The enormous bonus room features a powder bathroom and walk in attic access. The backyard features generous landscaping along with an outdoor fireplace to enjoy quiet fall evenings. With a freshly painted interior and new carpet though out, this is just the home you have been looking for!

Last Agent to Sell the Property

Jennifer Fields

RE/MAX at Home License #129579 Listed on: 06/05/2019

RE/MAX at Home

Last Buyer's Agent

Laurie Patterson

Keller Williams Central OK ED License #157178

Keller Williams Central OK ED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 33,106 Sq Ft Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Interior Lot
  • Sprinkler System

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

  • 2,711 Sq Ft Home
  • 1.5-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Metal Fireplace
  • Double Pane Windows

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 11 / 6

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.76 Acres

HOA Fees

$38 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 Ii
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Underground Sprinkler
  • Oven Energy: Electric
  • Property Level: One and one-half
  • Range Energy: Gas
  • School Junior High: Sequoyah MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2007
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo
  • Fireplace Description: Metal Insert
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Stained Wood
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2711

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: Zoned Electric
  • Heat System: Zoned Gas
  • Utilities Available: Cable, Gas, Rural Water, Septic Tank

Condo/Co-op/Association

  • Association Fee: 450

Schools

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

Lot Info

  • Acres: 0.7600
  • Land Sq Ft: 33106
  • Lot Description: Interior

Green Features

  • Energy: Double Glazed Windows, Fireplace Insert

Tax Info

  • Tax Block: 6
  • Tax Lot: 11

MLS Schools

  • School District: Edmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 17, 2019
Sold by
Beltrand Christopher Donald
Bought by
Ouverson David Luke and Ouverson Quinn Erin
Seller's Agent
Jennifer Fields
RE/MAX at Home
Buyer's Agent
Laurie Patterson
Keller Williams Central OK ED
List Price
$339,900
Sold Price
$328,500
Premium/Discount to List
-$11,400
-3.35%
Current Estimated Value
$492,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,050
Avg. Annual Appreciation
6.23%
Original Mortgage
$228,500
Outstanding Balance
$199,756
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$292,794

Purchase Details

Closed on
Dec 16, 2010
Sold by
Goddard Daniel S and Goddard Cori
Bought by
National Transfer Services Llc

Purchase Details

Closed on
Dec 8, 2010
Sold by
National Transfer Services Llc
Bought by
Beltrand Christopher D and Beltrand Tammie F

Purchase Details

Closed on
Apr 4, 2008
Sold by
Silver Stone Homes Llc
Bought by
Goddard Danlel S and Goddard Cori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
C & M Development
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
$250,400
Interest Rate
6.16%
Mortgage Type
Construction
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
Ouverson David Luke $328,500 Abes Abstract Llc
National Transfer Services Llc $315,000 Stewart Abstract & Title Of
Beltrand Christopher D $315,000 Stewart Abstract & Title Of
Goddard Danlel S $331,500 Lawyers Title Of Oklahoma
Silver Stone Homes Llc $37,000 Lawyers Title Of Oklahoma Ci
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouverson David Luke $228,500
Previous Owner Goddard Danlel S $311,600
Previous Owner Silver Stone Homes Llc $250,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $328,500 -3.4% $121 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $339,900 0.0% $125 / Sq Ft
07/15/2016 07/15/16 Rented $2,400 -14.3% --
07/12/2016 07/12/16 Under Contract -- -- --
02/01/2016 02/01/16 For Rent $2,800 +7.7% --
11/14/2013 11/14/13 Rented $2,600 -13.2% --
09/19/2013 09/19/13 Under Contract -- -- --
08/07/2013 08/07/13 For Rent $2,995 -- --
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 $4,752 $44,380 $7,174 $37,206
2024 $4,522 $42,266 $7,174 $35,092
2023 $4,522 $40,254 $7,174 $33,080
2022 $3,982 $38,337 $7,174 $31,163
2021 $3,780 $36,511 $7,174 $29,337
2020 $3,781 $36,249 $7,174 $29,075
2019 $3,928 $37,512 $7,174 $30,338
2018 $3,758 $35,726 $7,174 $28,552
2017 $3,634 $34,583 $7,124 $27,459
2016 $3,436 $32,936 $6,988 $25,948
2014 $3,641 $34,935 $6,988 $27,947
2013 $3,844 $37,800 $4,816 $32,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 869418

MLSOK

APN: 420047023

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