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2601 Summit Terrace Dr; Norman, OK Property Details

2601 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2013. This property is currently Financed and is not for sale. Our records show that 2601 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,582 square feet. The lot size of 2601 Summit Terrace Dr is 12,197 square feet.

Off market
2601 Summit Terrace Dr Norman, OK 73071
$185,500 Listing Price
3 Beds
2 Baths
1,582 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2013
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $234,228
  • Est. Equity / %: $67,772 / 22.44%
  • Gross Yield: 7.931%
  • APN: R0166008
  • Situs County: Cleveland
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Steel
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,582/SqFt
  • Lot: 12,197/SqFt
  • Gross: 2,044/SqFt
  • Garage: 462/SqFt
  • Living: 1,582/SqFt
  • Building: 2,044/SqFt
  • Ground: 1,582/SqFt
  • Price Per Square Foot: $116.94

Legal Description

  • Description: SUMMIT LAKES 8 LOT 10 BLOCK 4
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: 35.20806 / -97.40189
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7184
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $33
  • H O A Amount: $33
  • H O A One Frequency: Monthly
  • H O A One Name: Summit Lakes Property Owners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

2601 Summit Terrace Dr has no associated ownership info
2601 Summit Terrace Dr has no associated ownership info.

Taxes

2601 Summit Terrace Dr has 10 associated Taxes items

2601 Summit Terrace 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 $24,298. The APN we've located for 2601 Summit Terrace Dr is R0166008.

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Taxes
  • Assessed Value:  $24,298
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0166008
  • Assessed Land Value:  5017
  • Market Land Value:  54701
  • Tax Amount:  2796
  • Tax Year:  2025
  • Market Value:  264922
  • Market Year:  2025

Tax History

2601 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,298 Land Value $5,017 Improvement Value $19,281 Tax Amount $2,796 Change Rate +0.033641% Assessed CR Tax Rate +0.115071%
Year 2024 Assessed Value $23,590 Land Value $4,894 Improvement Value $18,696 Tax Amount $2,705 Change Rate +0.028908% Assessed CR Tax Rate +0.114667%
Year 2023 Assessed Value $22,903 Land Value $5,461 Improvement Value $17,442 Tax Amount $2,629 Change Rate +0.074816% Assessed CR Tax Rate +0.114788%
Year 2022 Assessed Value $22,236 Land Value $5,299 Improvement Value $16,937 Tax Amount $2,446 Change Rate -0.021208% Assessed CR Tax Rate +0.110002%
Year 2021 Assessed Value $21,588 Land Value $4,200 Improvement Value $17,388 Tax Amount $2,499 Change Rate +0.021668% Assessed CR Tax Rate +0.115759%
Year 2020 Assessed Value $21,588 Land Value $4,200 Improvement Value $17,388 Tax Amount $2,446 Change Rate -0.016486% Assessed CR Tax Rate +0.113304%
Year 2019 Assessed Value $21,588 Land Value $4,200 Improvement Value $17,388 Tax Amount $2,487 Change Rate +0.031095% Assessed CR Tax Rate +0.115203%
Year 2018 Assessed Value $21,589 Land Value $4,200 Improvement Value $17,389 Tax Amount $2,412 Change Rate -0.01107% Assessed CR Tax Rate +0.111724%
Year 2017 Assessed Value $21,589 Land Value Improvement Value Tax Amount $2,439 Change Rate -0.016136% Assessed CR Tax Rate +0.112974%
Year 2016 Assessed Value $21,589 Land Value $4,200 Improvement Value $17,389 Tax Amount $2,479 Change Rate Assessed CR Tax Rate +0.114827%
Year 2015 Assessed Value $21,498 Land Value $4,148 Improvement Value $17,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $20,475 Land Value $3,420 Improvement Value $17,055 Tax Amount Change Rate Assessed CR Tax Rate