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2612 Summit Terrace Dr; Norman, OK Property Details

2612 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2015. This property is currently Financed,New Construction and is not for sale. Our records show that 2612 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,939 square feet. The lot size of 2612 Summit Terrace Dr is 11,500 square feet.

Off market
2612 Summit Terrace Dr Norman, OK 73071
$236,222 Listing Price
3 Beds
2 Baths
1,939 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $236,500
  • Open Loans / Balance: 1 / $178,203
  • Est. Equity / %: $205,797 / 53.59%
  • Gross Yield: 7.234%
  • APN: R0169700
  • Situs County: Cleveland
  • Length Of Ownership: 10 years, 8 months

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: 1,939/SqFt
  • Lot: 11,500/SqFt
  • Gross: 2,710/SqFt
  • Garage: 771/SqFt
  • Living: 1,939/SqFt
  • Building: 2,710/SqFt
  • Ground: 1,939/SqFt
  • Price Per Square Foot: $121.97

Legal Description

  • Description: SUMMIT LAKES 8 LT 9A BLK 5
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: 35.208046 / -97.401146
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7153
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

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

2612 Summit Terrace Dr has no associated ownership info
2612 Summit Terrace Dr has no associated ownership info.

Taxes

2612 Summit Terrace Dr has 10 associated Taxes items

2612 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 $31,031. The APN we've located for 2612 Summit Terrace Dr is R0169700.

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Taxes
  • Assessed Value:  $31,031
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0169700
  • Assessed Land Value:  5278
  • Market Land Value:  54179
  • Tax Amount:  3604
  • Tax Year:  2025
  • Market Value:  318535
  • Market Year:  2025

Tax History

2612 Summit Terrace Dr has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,031 Land Value $5,278 Improvement Value $25,753 Tax Amount $3,604 Change Rate +0.033257% Assessed CR Tax Rate +0.116142%
Year 2024 Assessed Value $30,127 Land Value $5,133 Improvement Value $24,994 Tax Amount $3,488 Change Rate +0.028302% Assessed CR Tax Rate +0.115777%
Year 2023 Assessed Value $29,249 Land Value $5,752 Improvement Value $23,497 Tax Amount $3,392 Change Rate +0.075119% Assessed CR Tax Rate +0.11597%
Year 2022 Assessed Value $28,398 Land Value $5,574 Improvement Value $22,824 Tax Amount $3,155 Change Rate -0.021705% Assessed CR Tax Rate +0.111099%
Year 2021 Assessed Value $27,570 Land Value $4,200 Improvement Value $23,370 Tax Amount $3,225 Change Rate +0.021539% Assessed CR Tax Rate +0.116975%
Year 2020 Assessed Value $27,570 Land Value $4,200 Improvement Value $23,370 Tax Amount $3,157 Change Rate -0.016569% Assessed CR Tax Rate +0.114509%
Year 2019 Assessed Value $27,570 Land Value $4,200 Improvement Value $23,370 Tax Amount $3,210.19 Change Rate +0.031221% Assessed CR Tax Rate +0.116438%
Year 2018 Assessed Value $27,571 Land Value $4,200 Improvement Value $23,371 Tax Amount $3,113 Change Rate -0.005113% Assessed CR Tax Rate +0.112908%
Year 2017 Assessed Value $27,413 Land Value Improvement Value Tax Amount $3,129 Change Rate Assessed CR Tax Rate +0.114143%
Year 2016 Assessed Value $27,413 Land Value $4,200 Improvement Value $23,213 Tax Amount Change Rate Assessed CR Tax Rate