Taxes
- Assessed Value: $28,003
- Assessed Year: 2025
- Assessed County: Cleveland
- APN: R0166001
- Assessed Land Value: 5108
- Market Land Value: 51851
- Tax Amount: 3240
- Tax Year: 2025
- Market Value: 284220
- Market Year: 2025
2705 Summit Terrace Dr; Norman, OK Property Details
Off market
2705 Summit Terrace Dr Norman, OK 73071
$219,000 Listing Price
3 Beds
2 Baths
1,751 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 2014
- Open Loans / Balance: 1 / $189,028
- Est. Equity / %: $118,972 / 38.63%
- Gross Yield: 7.718%
- APN: R0166001
- Situs County: Cleveland
- Length Of Ownership: 6 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: 1,751/SqFt
- Lot: 8,451/SqFt
- Gross: 2,401/SqFt
- Garage: 650/SqFt
- Living: 1,751/SqFt
- Building: 2,401/SqFt
- Ground: 1,751/SqFt
Legal Description
- Description: SUMMIT LAKES 8 LOT 3 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: 35.208897 / -97.40047
- Subdivision: Summit Lakes 8
- Property Class: Residential
- County Use Code: SF
Amenities
- Plus Four: 7191
- Bathroom Fixtures: 10
- Cooling: Central
- 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
2705 Summit Terrace Dr has no associated ownership info
2705 Summit Terrace Dr has no associated ownership info.
Taxes
2705 Summit Terrace Dr has 10 associated Taxes items
2705 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 $28,003. The APN we've located for 2705 Summit Terrace Dr is R0166001.
Unlock the full reportTax History
2705 Summit Terrace Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $28,003 | Land Value $5,108 | Improvement Value $22,895 | Tax Amount $3,240 | Change Rate +0.032834% | Assessed CR | Tax Rate +0.115702% |
| Year 2024 | Assessed Value $27,188 | Land Value $4,977 | Improvement Value $22,211 | Tax Amount $3,137 | Change Rate +0.028862% | Assessed CR | Tax Rate +0.115382% |
| Year 2023 | Assessed Value $26,396 | Land Value $5,495 | Improvement Value $20,901 | Tax Amount $3,049 | Change Rate +0.075106% | Assessed CR | Tax Rate +0.11551% |
| Year 2022 | Assessed Value $25,627 | Land Value $5,335 | Improvement Value $20,292 | Tax Amount $2,836 | Change Rate -0.021732% | Assessed CR | Tax Rate +0.110665% |
| Year 2021 | Assessed Value $24,881 | Land Value $4,200 | Improvement Value $20,681 | Tax Amount $2,899 | Change Rate +0.021854% | Assessed CR | Tax Rate +0.116515% |
| Year 2020 | Assessed Value $24,881 | Land Value $4,200 | Improvement Value $20,681 | Tax Amount $2,837 | Change Rate -0.016638% | Assessed CR | Tax Rate +0.114023% |
| Year 2019 | Assessed Value $24,881 | Land Value $4,200 | Improvement Value $20,681 | Tax Amount $2,885 | Change Rate +0.060272% | Assessed CR | Tax Rate +0.115952% |
| Year 2018 | Assessed Value $23,217 | Land Value $4,200 | Improvement Value $19,017 | Tax Amount $2,721 | Change Rate -0.010905% | Assessed CR | Tax Rate +0.117199% |
| Year 2017 | Assessed Value $23,217 | Land Value | Improvement Value | Tax Amount $2,751 | Change Rate -0.016446% | Assessed CR | Tax Rate +0.118491% |
| Year 2016 | Assessed Value $23,217 | Land Value $4,200 | Improvement Value $19,017 | Tax Amount $2,797 | Change Rate | Assessed CR | Tax Rate +0.120472% |
| Year 2015 | Assessed Value $9,509 | Land Value $371 | Improvement Value $9,138 | 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 |