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1540 Se 40th; Norman, OK Property Details

1540 Se 40th, Norman, OK is a General. This property is currently a cash purchase and is not for sale. The lot size of 1540 Se 40th is 870,329 square feet.

Off market
1540 SE 40th Norman, OK 73072
$87,534 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $560,000
  • Open Loans / Balance: 1 / $500,000,000
  • APN: 0000-03-08N-03W-0-014-00
  • Situs County: Mcclain
  • Length Of Ownership: 12 years, 5 months

Measurements

  • Lot: 870,329/SqFt

Legal Description

  • Description: COMM AT SE/C OF SEC THEN W 1415.25 THEN N 470 TO POB N 1174.25 E 741.25 S 1174.25 W 741.25 TO POB
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.192326 / -97.49793
  • Subdivision: 333 Purcell
  • Property Class: Commercial

Ownership Info

1540 SE 40th has no associated ownership info
1540 SE 40th has no associated ownership info.

Taxes

1540 SE 40th has 10 associated Taxes items

1540 Se 40th, Norman, OK pays taxes in Mcclain County, OK. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $87,534. The APN we've located for 1540 Se 40th is 0000-03-08N-03W-0-014-00.

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Taxes
  • Assessed Value:  $87,534
  • Assessed Year:  2026
  • Assessed County:  Mcclain
  • APN:  0000-03-08N-03W-0-014-00
  • Assessed Land Value:  87316
  • Market Land Value:  793781
  • Tax Amount:  8736
  • Tax Year:  2025
  • Market Value:  795764
  • Market Year:  2026

Tax History

1540 SE 40th has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $87,534 Land Value $87,316 Improvement Value $218 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,736 Change Rate -0.036825% Assessed CR Tax Rate
Year 2024 Assessed Value $79,396 Land Value $79,198 Improvement Value $198 Tax Amount $9,070 Change Rate +0.123498% Assessed CR Tax Rate +0.114237%
Year 2023 Assessed Value $75,615 Land Value $75,013 Improvement Value $602 Tax Amount $8,073 Change Rate +0.229703% Assessed CR Tax Rate +0.106765%
Year 2022 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,565 Change Rate -0.016921% Assessed CR Tax Rate +0.106682%
Year 2021 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,678 Change Rate -0.009199% Assessed CR Tax Rate +0.108518%
Year 2020 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,740 Change Rate -0.009697% Assessed CR Tax Rate +0.109526%
Year 2019 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,806 Change Rate +0.039719% Assessed CR Tax Rate +0.110598%
Year 2018 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,546 Change Rate +0.006846% Assessed CR Tax Rate +0.106373%
Year 2017 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,501.49 Change Rate Assessed CR Tax Rate +0.10565%
Year 2016 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $6,501.49 Change Rate -0.161175% Assessed CR Tax Rate +0.10565%
Year 2015 Assessed Value $61,538 Land Value $61,538 Improvement Value Tax Amount $7,750.71 Change Rate +1.910179% Assessed CR Tax Rate +0.12595%
Year 2014 Assessed Value $20,625 Land Value $20,625 Improvement Value Tax Amount $2,663.31 Change Rate Assessed CR Tax Rate +0.12913%