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1321 Commerce Dr; Norman, OK Property Details

1321 Commerce Dr, Norman, OK is a Condominium that was built in 2005. This property is currently Financed and is not for sale. Our records show that 1321 Commerce Dr has 2 bedrooms, and 1 bathroom, and a total of 1,335 square feet. The lot size of 1321 Commerce Dr is 6,229 square feet.

Off market
1321 Commerce Dr Norman, OK 73071
$197,500 Listing Price
2 Beds
1 Baths
1,335 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $197,500
  • Open Loans / Balance: 1 / $139,270
  • Est. Equity / %: $76,730 / 35.52%
  • Gross Yield: 8.878%
  • APN: R0188979
  • Situs County: Cleveland
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,335/SqFt
  • Lot: 6,229/SqFt
  • Living: 1,335/SqFt
  • Building: 1,544/SqFt
  • Ground: 1,335/SqFt
  • Price Per Square Foot: $147.94

Legal Description

  • Description: EAST LINDSEY PLAZA 3 PRT LT 5 BLK 2 BEG 99.59 N SW/C LT 5 N29 E150 S29 W150 POB AKA UNIT 1, 1321 COMMERCE CONDOMINIUM PARK
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.202213 / -97.42017
  • Subdivision: East Lindsey Plaza 3
  • Property Class: Residential
  • County Use Code: MULTI RES

Amenities

  • Plus Four: 8800
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One: $3,000
  • H O A Amount: $3,000
  • H O A One Type: Condo  Owner Association

Ownership Info

1321 Commerce Dr has no associated ownership info
1321 Commerce Dr has no associated ownership info.

Taxes

1321 Commerce Dr has 10 associated Taxes items

1321 Commerce Dr, Norman, OK pays taxes in Cleveland County, OK. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $19,917. The APN we've located for 1321 Commerce Dr is R0188979.

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Taxes
  • Assessed Value:  $19,917
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0188979
  • Assessed Land Value:  2723
  • Market Land Value:  22699
  • Tax Amount:  2390
  • Tax Year:  2025
  • Market Value:  165975
  • Market Year:  2025

Tax History

1321 Commerce Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,917 Land Value $2,723 Improvement Value $17,194 Tax Amount $2,390 Change Rate -0.039003% Assessed CR Tax Rate +0.119998%
Year 2024 Assessed Value $20,762 Land Value $2,537 Improvement Value $18,225 Tax Amount $2,487 Change Rate +0.047158% Assessed CR Tax Rate +0.119786%
Year 2023 Assessed Value $19,773 Land Value $2,720 Improvement Value $17,053 Tax Amount $2,375 Change Rate +0.294278% Assessed CR Tax Rate +0.120113%
Year 2022 Assessed Value $15,933 Land Value $2,400 Improvement Value $13,533 Tax Amount $1,835 Change Rate -0.011315% Assessed CR Tax Rate +0.11517%
Year 2021 Assessed Value $15,284 Land Value $2,400 Improvement Value $12,884 Tax Amount $1,856 Change Rate +0.052751% Assessed CR Tax Rate +0.121434%
Year 2020 Assessed Value $14,843 Land Value $2,400 Improvement Value $12,443 Tax Amount $1,763 Change Rate Assessed CR Tax Rate +0.118777%