Large Location Icon

2620 Summit Terrace Dr; Norman, OK Property Details

2620 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2015. This property is currently Financed and is not for sale. Our records show that 2620 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,811 square feet. The lot size of 2620 Summit Terrace Dr is 13,983 square feet.

Off market
2620 Summit Terrace Dr Norman, OK 73071
$275,000 Listing Price
3 Beds
2 Baths
1,811 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2015
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $199,344
  • Est. Equity / %: $130,656 / 39.59%
  • Gross Yield: 7.742%
  • APN: R0169698
  • Situs County: Cleveland
  • Length Of Ownership: 4 years, 7 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: 1,811/SqFt
  • Lot: 13,983/SqFt
  • Gross: 2,460/SqFt
  • Garage: 649/SqFt
  • Living: 1,811/SqFt
  • Building: 2,460/SqFt
  • Ground: 1,811/SqFt
  • Price Per Square Foot: $151.85

Legal Description

  • Description: SUMMIT LAKES 8 LOT 7A BLOCK 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: 35.20825 / -97.40065
  • 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: 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

2620 Summit Terrace Dr has no associated ownership info
2620 Summit Terrace Dr has no associated ownership info.

Taxes

2620 Summit Terrace Dr has 10 associated Taxes items

2620 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 $34,923. The APN we've located for 2620 Summit Terrace Dr is R0169698.

Unlock the full report
Taxes
  • Assessed Value:  $34,923
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0169698
  • Assessed Land Value:  6442
  • Market Land Value:  56080
  • Tax Amount:  4191
  • Tax Year:  2025
  • Market Value:  304000
  • Market Year:  2025

Tax History

2620 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,923 Land Value $6,442 Improvement Value $28,481 Tax Amount $4,191 Change Rate +0.052222% Assessed CR Tax Rate +0.120007%
Year 2024 Assessed Value $33,260 Land Value $6,152 Improvement Value $27,108 Tax Amount $3,983 Change Rate +0.047056% Assessed CR Tax Rate +0.119753%
Year 2023 Assessed Value $31,676 Land Value $6,837 Improvement Value $24,839 Tax Amount $3,804 Change Rate +0.042477% Assessed CR Tax Rate +0.120091%
Year 2022 Assessed Value $31,676 Land Value $6,837 Improvement Value $24,839 Tax Amount $3,649 Change Rate +0.301819% Assessed CR Tax Rate +0.115198%
Year 2021 Assessed Value $24,089 Land Value $4,200 Improvement Value $19,889 Tax Amount $2,803 Change Rate +0.021874% Assessed CR Tax Rate +0.11636%
Year 2020 Assessed Value $24,089 Land Value $4,200 Improvement Value $19,889 Tax Amount $2,743 Change Rate -0.016846% Assessed CR Tax Rate +0.113869%
Year 2019 Assessed Value $24,089 Land Value $4,200 Improvement Value $19,889 Tax Amount $2,790 Change Rate +0.031042% Assessed CR Tax Rate +0.11582%
Year 2018 Assessed Value $24,089 Land Value $4,200 Improvement Value $19,889 Tax Amount $2,706 Change Rate -0.051857% Assessed CR Tax Rate +0.112333%
Year 2017 Assessed Value $24,089 Land Value Improvement Value Tax Amount $2,854 Change Rate -0.016201% Assessed CR Tax Rate +0.118477%
Year 2016 Assessed Value $24,089 Land Value $4,200 Improvement Value $19,889 Tax Amount $2,901 Change Rate Assessed CR Tax Rate +0.120428%
Year 2015 Assessed Value $247 Land Value $247 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $247 Land Value $247 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate