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2712 Summit Terrace Dr; Norman, OK Property Details

2712 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 2712 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,662 square feet. The lot size of 2712 Summit Terrace Dr is 8,712 square feet.

Off market
2712 Summit Terrace Dr Norman, OK 73071
$293,000 Listing Price
3 Beds
2 Baths
1,662 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2014
  • Purchase Price: $293,000
  • Open Loans / Balance: 1 / $226,141
  • Est. Equity / %: $88,859 / 28.21%
  • Gross Yield: 7.352%
  • APN: R0166012
  • Situs County: Cleveland
  • Length Of Ownership: 3 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: 1,662/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,324/SqFt
  • Garage: 662/SqFt
  • Living: 1,662/SqFt
  • Building: 2,324/SqFt
  • Ground: 1,662/SqFt
  • Price Per Square Foot: $176.29

Legal Description

  • Description: SUMMIT LAKES 8 LOT 4 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: 35.208744 / -97.39984
  • 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

2712 Summit Terrace Dr has no associated ownership info
2712 Summit Terrace Dr has no associated ownership info.

Taxes

2712 Summit Terrace Dr has 10 associated Taxes items

2712 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 $33,225. The APN we've located for 2712 Summit Terrace Dr is R0166012.

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Taxes
  • Assessed Value:  $33,225
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0166012
  • Assessed Land Value:  6247
  • Market Land Value:  52066
  • Tax Amount:  3988
  • Tax Year:  2025
  • Market Value:  276883
  • Market Year:  2025

Tax History

2712 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,225 Land Value $6,247 Improvement Value $26,978 Tax Amount $3,988 Change Rate +0.006562% Assessed CR Tax Rate +0.12003%
Year 2024 Assessed Value $33,088 Land Value $6,247 Improvement Value $26,841 Tax Amount $3,962 Change Rate +0.441776% Assessed CR Tax Rate +0.119741%
Year 2023 Assessed Value $23,879 Land Value $5,109 Improvement Value $18,770 Tax Amount $2,748 Change Rate +0.075538% Assessed CR Tax Rate +0.11508%
Year 2022 Assessed Value $23,184 Land Value $4,958 Improvement Value $18,226 Tax Amount $2,555 Change Rate -0.021448% Assessed CR Tax Rate +0.110205%
Year 2021 Assessed Value $22,508 Land Value $4,200 Improvement Value $18,308 Tax Amount $2,611 Change Rate +0.021918% Assessed CR Tax Rate +0.116003%
Year 2020 Assessed Value $22,508 Land Value $4,200 Improvement Value $18,308 Tax Amount $2,555 Change Rate -0.016551% Assessed CR Tax Rate +0.113515%
Year 2019 Assessed Value $22,508 Land Value $4,200 Improvement Value $18,308 Tax Amount $2,598 Change Rate +0.030952% Assessed CR Tax Rate +0.115426%
Year 2018 Assessed Value $22,509 Land Value $4,200 Improvement Value $18,309 Tax Amount $2,520 Change Rate -0.010989% Assessed CR Tax Rate +0.111955%
Year 2017 Assessed Value $22,509 Land Value Improvement Value Tax Amount $2,548 Change Rate -0.016216% Assessed CR Tax Rate +0.113199%
Year 2016 Assessed Value $22,509 Land Value $4,200 Improvement Value $18,309 Tax Amount $2,590 Change Rate Assessed CR Tax Rate +0.115065%
Year 2015 Assessed Value $9,169 Land Value $371 Improvement Value $8,798 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