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2704 Summit Terrace Dr; Norman, OK Property Details

2704 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2014. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 2704 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,494 square feet. The lot size of 2704 Summit Terrace Dr is 14,549 square feet.

Off market
2704 Summit Terrace Dr Norman, OK 73071
$173,000 Listing Price
3 Beds
2 Baths
1,494 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2014
  • Purchase Price: $173,000
  • Open Loans / Balance: 1 / $80,412
  • Est. Equity / %: $216,588 / 72.93%
  • Gross Yield: 7.354%
  • APN: R0166014
  • Situs County: Cleveland
  • Length Of Ownership: 12 years, 3 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: 1,494/SqFt
  • Lot: 14,549/SqFt
  • Gross: 1,954/SqFt
  • Garage: 460/SqFt
  • Living: 1,494/SqFt
  • Building: 1,954/SqFt
  • Ground: 1,494/SqFt
  • Price Per Square Foot: $115.80

Legal Description

  • Description: SUMMIT LAKES 8 LOT 6 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: 35.208504 / -97.40021
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7190
  • 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

2704 Summit Terrace Dr has no associated ownership info
2704 Summit Terrace Dr has no associated ownership info.

Taxes

2704 Summit Terrace Dr has 10 associated Taxes items

2704 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 $25,586. The APN we've located for 2704 Summit Terrace Dr is R0166014.

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Taxes
  • Assessed Value:  $25,586
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0166014
  • Assessed Land Value:  5536
  • Market Land Value:  56486
  • Tax Amount:  3071
  • Tax Year:  2025
  • Market Value:  261064
  • Market Year:  2025

Tax History

2704 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,586 Land Value $5,536 Improvement Value $20,050 Tax Amount $3,071 Change Rate +0.052073% Assessed CR Tax Rate +0.120027%
Year 2024 Assessed Value $24,368 Land Value $5,303 Improvement Value $19,065 Tax Amount $2,919 Change Rate +0.047739% Assessed CR Tax Rate +0.119788%
Year 2023 Assessed Value $23,208 Land Value $5,861 Improvement Value $17,347 Tax Amount $2,786 Change Rate +0.094695% Assessed CR Tax Rate +0.120045%
Year 2022 Assessed Value $22,102 Land Value $5,582 Improvement Value $16,520 Tax Amount $2,545 Change Rate -0.004693% Assessed CR Tax Rate +0.115148%
Year 2021 Assessed Value $21,050 Land Value $4,200 Improvement Value $16,850 Tax Amount $2,557 Change Rate +0.022391% Assessed CR Tax Rate +0.121473%
Year 2020 Assessed Value $21,050 Land Value $4,200 Improvement Value $16,850 Tax Amount $2,501 Change Rate -0.016903% Assessed CR Tax Rate +0.118812%
Year 2019 Assessed Value $21,050 Land Value $4,200 Improvement Value $16,850 Tax Amount $2,544 Change Rate +0.031212% Assessed CR Tax Rate +0.120855%
Year 2018 Assessed Value $21,050 Land Value $4,200 Improvement Value $16,850 Tax Amount $2,467 Change Rate -0.010826% Assessed CR Tax Rate +0.117197%
Year 2017 Assessed Value $21,050 Land Value Improvement Value Tax Amount $2,494 Change Rate -0.016562% Assessed CR Tax Rate +0.11848%
Year 2016 Assessed Value $21,050 Land Value $4,200 Improvement Value $16,850 Tax Amount $2,536 Change Rate Assessed CR Tax Rate +0.120475%
Year 2015 Assessed Value $21,050 Land Value $4,200 Improvement Value $16,850 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