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2605 Summit Terrace Dr; Norman, OK Property Details

2605 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 2605 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,807 square feet. The lot size of 2605 Summit Terrace Dr is 15,856 square feet.

Off market
2605 Summit Terrace Dr Norman, OK 73071
$219,500 Listing Price
3 Beds
2 Baths
1,807 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2014
  • Purchase Price: $219,500
  • Open Loans / Balance: 1 / $186,095
  • Est. Equity / %: $127,905 / 40.73%
  • Gross Yield: 8.465%
  • APN: R0166007
  • Situs County: Cleveland
  • Length Of Ownership: 7 years

Rooms

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

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

Measurements

  • Total: 1,807/SqFt
  • Lot: 15,856/SqFt
  • Gross: 2,436/SqFt
  • Garage: 629/SqFt
  • Living: 1,807/SqFt
  • Building: 2,436/SqFt
  • Ground: 1,807/SqFt
  • Price Per Square Foot: $121.47

Legal Description

  • Description: SUMMIT LAKES 8 LOT 9 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: 35.20827 / -97.401695
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7184
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $399
  • H O A Amount: $399
  • H O A One Frequency: Annual
  • H O A One Name: Summit Lakes Property Owners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

2605 Summit Terrace Dr has no associated ownership info
2605 Summit Terrace Dr has no associated ownership info.

Taxes

2605 Summit Terrace Dr has 10 associated Taxes items

2605 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 $26,914. The APN we've located for 2605 Summit Terrace Dr is R0166007.

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Taxes
  • Assessed Value:  $26,914
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0166007
  • Assessed Land Value:  5197
  • Market Land Value:  57478
  • Tax Amount:  3109
  • Tax Year:  2025
  • Market Value:  297646
  • Market Year:  2025

Tax History

2605 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,914 Land Value $5,197 Improvement Value $21,717 Tax Amount $3,109 Change Rate +0.03289% Assessed CR Tax Rate +0.115516%
Year 2024 Assessed Value $26,130 Land Value $5,059 Improvement Value $21,071 Tax Amount $3,010 Change Rate +0.028708% Assessed CR Tax Rate +0.115193%
Year 2023 Assessed Value $25,369 Land Value $5,773 Improvement Value $19,596 Tax Amount $2,926 Change Rate +0.07534% Assessed CR Tax Rate +0.115338%
Year 2022 Assessed Value $24,630 Land Value $5,605 Improvement Value $19,025 Tax Amount $2,721 Change Rate -0.021927% Assessed CR Tax Rate +0.110475%
Year 2021 Assessed Value $23,913 Land Value $4,200 Improvement Value $19,713 Tax Amount $2,782 Change Rate +0.021667% Assessed CR Tax Rate +0.116338%
Year 2020 Assessed Value $23,913 Land Value $4,200 Improvement Value $19,713 Tax Amount $2,723 Change Rate -0.057785% Assessed CR Tax Rate +0.113871%
Year 2019 Assessed Value $23,913 Land Value $4,200 Improvement Value $19,713 Tax Amount $2,890 Change Rate +0.031038% Assessed CR Tax Rate +0.120855%
Year 2018 Assessed Value $23,913 Land Value $4,200 Improvement Value $19,713 Tax Amount $2,803 Change Rate -0.010939% Assessed CR Tax Rate +0.117217%
Year 2017 Assessed Value $23,913 Land Value Improvement Value Tax Amount $2,834 Change Rate -0.015972% Assessed CR Tax Rate +0.118513%
Year 2016 Assessed Value $23,913 Land Value $4,200 Improvement Value $19,713 Tax Amount $2,880 Change Rate Assessed CR Tax Rate +0.120437%
Year 2015 Assessed Value $9,844 Land Value $371 Improvement Value $9,473 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $371 Land Value $371 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate