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221 48th Ave; Norman, OK Property Details

221 48th Ave, Norman, OK is a Commercial Office that was built in 1999. This property is currently Financed and is not for sale. Our records show that 221 48th Ave has a total of 8,916 square feet. The lot size of 221 48th Ave is 24,829 square feet.

Off market
221 48th Ave NW Norman, OK 73072
$148,081 Estimated Value
8,916 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1999
  • Purchase Price: $1,300,000
  • Open Loans / Balance: 2 / $852,088
  • APN: R0097000
  • Situs County: Cleveland
  • Length Of Ownership: 1 year, 9 months

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C+
  • Roof Type: Flat
  • Roof Cover Type: Metal

Measurements

  • Total: 8,916/SqFt
  • Lot: 24,829/SqFt
  • Gross: 8,916/SqFt
  • Living: 8,916/SqFt
  • Building: 8,916/SqFt
  • Ground: 8,916/SqFt
  • Price Per Square Foot: $145.81

Legal Description

  • Description: HERITAGE PLACE II SEC 6 LT 2A AKA LTS 2 AND 3 BLK 1
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.22044 / -97.51135
  • Subdivision: Heritage Pl Ii Sec 6
  • Property Class: Office
  • Zoning: RM
  • County Use Code: OFFICE

Amenities

  • Plus Four: 4443
  • Cooling: Packaged Unit
  • Heating: Yes

Ownership Info

221 48th Ave NW has no associated ownership info
221 48th Ave NW has no associated ownership info.

Taxes

221 48th Ave NW has 10 associated Taxes items

221 48th Ave, 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 $148,081. The APN we've located for 221 48th Ave is R0097000.

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Taxes
  • Assessed Value:  $148,081
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0097000
  • Assessed Land Value:  35100
  • Market Land Value:  292500
  • Tax Amount:  17770
  • Tax Year:  2025
  • Market Value:  1234011
  • Market Year:  2025

Tax History

221 48th Ave NW has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $148,081 Land Value $35,100 Improvement Value $112,981 Tax Amount $17,770 Change Rate +1.019548% Assessed CR Tax Rate +0.120002%
Year 2024 Assessed Value $73,464 Land Value $27,250 Improvement Value $46,214 Tax Amount $8,799 Change Rate +0.047251% Assessed CR Tax Rate +0.119773%
Year 2023 Assessed Value $69,966 Land Value $24,787 Improvement Value $45,179 Tax Amount $8,402 Change Rate +0.095008% Assessed CR Tax Rate +0.120087%
Year 2022 Assessed Value $66,634 Land Value $10,500 Improvement Value $56,134 Tax Amount $7,673 Change Rate -0.051311% Assessed CR Tax Rate +0.115151%
Year 2021 Assessed Value $66,634 Land Value $10,500 Improvement Value $56,134 Tax Amount $8,088 Change Rate +0.026657% Assessed CR Tax Rate +0.121379%
Year 2020 Assessed Value $66,318 Land Value $10,500 Improvement Value $55,818 Tax Amount $7,878 Change Rate -0.016791% Assessed CR Tax Rate +0.118791%
Year 2019 Assessed Value $66,318 Land Value $10,500 Improvement Value $55,818 Tax Amount $8,012.54 Change Rate +0.03095% Assessed CR Tax Rate +0.12082%
Year 2018 Assessed Value $66,319 Land Value $10,500 Improvement Value $55,819 Tax Amount $7,772 Change Rate Assessed CR Tax Rate +0.117191%
Year 2017 Assessed Value $66,319 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $7,387 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $58,417 Land Value $9,635 Improvement Value $48,782 Tax Amount Change Rate Assessed CR Tax Rate