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2621 Summit Terrace Dr; Norman, OK Property Details

2621 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2013. This property is currently Financed,New Construction and is not for sale. Our records show that 2621 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,726 square feet. The lot size of 2621 Summit Terrace Dr is 8,407 square feet.

Off market
2621 Summit Terrace Dr Norman, OK 73071
$201,900 Listing Price
3 Beds
2 Baths
1,726 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2013
  • Purchase Price: $202,000
  • Open Loans / Balance: 2 / $165,816
  • Est. Equity / %: $168,184 / 50.35%
  • Gross Yield: 7.786%
  • APN: R0166003
  • Situs County: Cleveland
  • Length Of Ownership: 12 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
  • Pool Type: Yes
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,726/SqFt
  • Lot: 8,407/SqFt
  • Gross: 2,341/SqFt
  • Garage: 615/SqFt
  • Living: 1,726/SqFt
  • Building: 2,341/SqFt
  • Ground: 1,726/SqFt
  • Price Per Square Foot: $117.03

Legal Description

  • Description: SUMMIT LAKES 8 LOT 5 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: 35.20868 / -97.400856
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Pool: true
  • Plus Four: 7184
  • 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

2621 Summit Terrace Dr has no associated ownership info
2621 Summit Terrace Dr has no associated ownership info.

Taxes

2621 Summit Terrace Dr has 10 associated Taxes items

2621 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 $28,491. The APN we've located for 2621 Summit Terrace Dr is R0166003.

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Taxes
  • Assessed Value:  $28,491
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0166003
  • Assessed Land Value:  4952
  • Market Land Value:  51822
  • Tax Amount:  3298
  • Tax Year:  2025
  • Market Value:  298128
  • Market Year:  2025

Tax History

2621 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,491 Land Value $4,952 Improvement Value $23,539 Tax Amount $3,298 Change Rate +0.032561% Assessed CR Tax Rate +0.115756%
Year 2024 Assessed Value $27,661 Land Value $4,823 Improvement Value $22,838 Tax Amount $3,194 Change Rate +0.028995% Assessed CR Tax Rate +0.115469%
Year 2023 Assessed Value $26,855 Land Value $5,178 Improvement Value $21,677 Tax Amount $3,104 Change Rate +0.198456% Assessed CR Tax Rate +0.115584%
Year 2022 Assessed Value $23,488 Land Value $4,947 Improvement Value $18,541 Tax Amount $2,590 Change Rate -0.021534% Assessed CR Tax Rate +0.110269%
Year 2021 Assessed Value $22,804 Land Value $4,200 Improvement Value $18,604 Tax Amount $2,647 Change Rate +0.022008% Assessed CR Tax Rate +0.116076%
Year 2020 Assessed Value $22,804 Land Value $4,200 Improvement Value $18,604 Tax Amount $2,590 Change Rate -0.017078% Assessed CR Tax Rate +0.113577%
Year 2019 Assessed Value $22,804 Land Value $4,200 Improvement Value $18,604 Tax Amount $2,635 Change Rate +0.031715% Assessed CR Tax Rate +0.11555%
Year 2018 Assessed Value $22,805 Land Value $4,200 Improvement Value $18,605 Tax Amount $2,554 Change Rate -0.01161% Assessed CR Tax Rate +0.111993%
Year 2017 Assessed Value $22,805 Land Value Improvement Value Tax Amount $2,584 Change Rate -0.015994% Assessed CR Tax Rate +0.113308%
Year 2016 Assessed Value $22,805 Land Value $4,200 Improvement Value $18,605 Tax Amount $2,626 Change Rate Assessed CR Tax Rate +0.11515%
Year 2015 Assessed Value $22,995 Land Value $4,200 Improvement Value $18,795 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