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1516 Melrose Dr; Norman, OK Property Details

1516 Melrose Dr, Norman, OK is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1516 Melrose Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,282 square feet. The lot size of 1516 Melrose Dr is 15,682 square feet.

Off market
1516 Melrose Dr Norman, OK 73069
$140,000 Listing Price
3 Beds
2 Baths
1,282 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1954
  • Purchase Price: $140,000
  • Est. Equity / %: $266,000 / 100%
  • Gross Yield: 6.762%
  • APN: R0033107
  • Situs County: Cleveland
  • Length Of Ownership: 13 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Steel
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,282/SqFt
  • Lot: 15,682/SqFt
  • Gross: 1,762/SqFt
  • Garage: 480/SqFt
  • Living: 1,282/SqFt
  • Building: 1,762/SqFt
  • Ground: 1,282/SqFt
  • Price Per Square Foot: $109.20

Legal Description

  • Description: EDGEMERE 4 LOT 5 BLK 8
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.215004 / -97.46599
  • Subdivision: Edgemere 4
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 5387
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1516 Melrose Dr has no associated ownership info
1516 Melrose Dr has no associated ownership info.

Taxes

1516 Melrose Dr has 10 associated Taxes items

1516 Melrose 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 $18,964. The APN we've located for 1516 Melrose Dr is R0033107.

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Taxes
  • Assessed Value:  $18,964
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0033107
  • Assessed Land Value:  5811
  • Market Land Value:  61439
  • Tax Amount:  2275
  • Tax Year:  2025
  • Market Value:  200498
  • Market Year:  2025

Tax History

1516 Melrose Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,964 Land Value $5,811 Improvement Value $13,153 Tax Amount $2,275 Change Rate +0.05178% Assessed CR Tax Rate +0.119964%
Year 2024 Assessed Value $18,061 Land Value $4,771 Improvement Value $13,290 Tax Amount $2,163 Change Rate +0.046951% Assessed CR Tax Rate +0.119761%
Year 2023 Assessed Value $17,201 Land Value $4,077 Improvement Value $13,124 Tax Amount $2,066 Change Rate +0.09544% Assessed CR Tax Rate +0.120109%
Year 2022 Assessed Value $16,382 Land Value $3,872 Improvement Value $12,510 Tax Amount $1,886 Change Rate -0.004224% Assessed CR Tax Rate +0.115126%
Year 2021 Assessed Value $15,602 Land Value $2,640 Improvement Value $12,962 Tax Amount $1,894 Change Rate +0.022126% Assessed CR Tax Rate +0.121395%
Year 2020 Assessed Value $15,602 Land Value $2,640 Improvement Value $12,962 Tax Amount $1,853 Change Rate -0.016976% Assessed CR Tax Rate +0.118767%
Year 2019 Assessed Value $15,602 Land Value $2,640 Improvement Value $12,962 Tax Amount $1,885 Change Rate +0.031182% Assessed CR Tax Rate +0.120818%
Year 2018 Assessed Value $15,602 Land Value $2,640 Improvement Value $12,962 Tax Amount $1,828 Change Rate -0.010823% Assessed CR Tax Rate +0.117164%
Year 2017 Assessed Value $15,602 Land Value Improvement Value Tax Amount $1,848 Change Rate -0.016498% Assessed CR Tax Rate +0.118446%
Year 2016 Assessed Value $15,602 Land Value $2,640 Improvement Value $12,962 Tax Amount $1,879 Change Rate +0.018417% Assessed CR Tax Rate +0.120433%
Year 2015 Assessed Value $15,795 Land Value $1,419 Improvement Value $14,376 Tax Amount $1,845.02 Change Rate -0.009667% Assessed CR Tax Rate +0.11681%
Year 2014 Assessed Value $15,795 Land Value $1,419 Improvement Value $14,376 Tax Amount $1,863.03 Change Rate Assessed CR Tax Rate +0.117951%