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1518 Franklin Dr; Norman, OK Property Details

1518 Franklin Dr, Norman, OK is a Single Family that was built in 1956. This property is currently a cash purchase and is not for sale. Our records show that 1518 Franklin Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,120 square feet. The lot size of 1518 Franklin Dr is 9,583 square feet.

For Rent
1518 Franklin Dr Norman, OK 73072
$1,600 Listing Price
3 Beds
1.5 Baths
1,120 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $118,000
  • Est. Equity / %: $253,000 / 100%
  • Gross Yield: 10.89%
  • APN: R0047707
  • Situs County: Cleveland
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Steel
  • 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: 1,120/SqFt
  • Lot: 9,583/SqFt
  • Gross: 1,811/SqFt
  • Garage: 475/SqFt
  • Living: 1,120/SqFt
  • Building: 1,595/SqFt
  • Ground: 1,120/SqFt
  • Price Per Square Foot: $105.36

Legal Description

  • Description: VALLEY VIEW LOT 5 BLK 3
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: 35.20007 / -97.4525
  • Subdivision: Valley View
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 6339
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1518 Franklin Dr has no associated ownership info
1518 Franklin Dr has no associated ownership info.

Taxes

1518 Franklin Dr has 10 associated Taxes items

1518 Franklin 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 $17,647. The APN we've located for 1518 Franklin Dr is R0047707.

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Taxes
  • Assessed Value:  $17,647
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0047707
  • Assessed Land Value:  6226
  • Market Land Value:  82440
  • Tax Amount:  2117
  • Tax Year:  2025
  • Market Value:  233672
  • Market Year:  2025

Tax History

1518 Franklin Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,647 Land Value $6,226 Improvement Value $11,421 Tax Amount $2,117 Change Rate +0.051664% Assessed CR Tax Rate +0.119964%
Year 2024 Assessed Value $16,807 Land Value $6,015 Improvement Value $10,792 Tax Amount $2,013 Change Rate +0.047347% Assessed CR Tax Rate +0.119772%
Year 2023 Assessed Value $16,007 Land Value $6,619 Improvement Value $9,388 Tax Amount $1,922 Change Rate +0.095157% Assessed CR Tax Rate +0.120072%
Year 2022 Assessed Value $15,244 Land Value $4,200 Improvement Value $11,044 Tax Amount $1,755 Change Rate -0.051864% Assessed CR Tax Rate +0.115127%
Year 2021 Assessed Value $15,244 Land Value $4,200 Improvement Value $11,044 Tax Amount $1,851 Change Rate +0.022652% Assessed CR Tax Rate +0.121425%
Year 2020 Assessed Value $15,244 Land Value $4,200 Improvement Value $11,044 Tax Amount $1,810 Change Rate -0.017372% Assessed CR Tax Rate +0.118735%
Year 2019 Assessed Value $15,244 Land Value $4,200 Improvement Value $11,044 Tax Amount $1,842 Change Rate +0.030778% Assessed CR Tax Rate +0.120834%
Year 2018 Assessed Value $15,245 Land Value $4,200 Improvement Value $11,045 Tax Amount $1,787 Change Rate -0.011068% Assessed CR Tax Rate +0.117219%
Year 2017 Assessed Value $15,245 Land Value Improvement Value Tax Amount $1,807 Change Rate -0.015795% Assessed CR Tax Rate +0.118531%
Year 2016 Assessed Value $15,245 Land Value $4,200 Improvement Value $11,045 Tax Amount $1,836 Change Rate +0.03102% Assessed CR Tax Rate +0.120433%
Year 2015 Assessed Value $15,245 Land Value $4,200 Improvement Value $11,045 Tax Amount $1,780.76 Change Rate -0.009666% Assessed CR Tax Rate +0.116809%
Year 2014 Assessed Value $15,245 Land Value $4,200 Improvement Value $11,045 Tax Amount $1,798.14 Change Rate Assessed CR Tax Rate +0.117949%