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2716 Summit Terrace Dr; Norman, OK Property Details

2716 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2014. This property is currently Financed,New Construction and is not for sale. Our records show that 2716 Summit Terrace Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,063 square feet. The lot size of 2716 Summit Terrace Dr is 8,276 square feet.

Off market
2716 Summit Terrace Dr Norman, OK 73071
$236,000 Listing Price
3 Beds
2.5 Baths
2,063 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2014
  • Purchase Price: $236,000
  • Est. Equity / %: $383,000 / 100%
  • Gross Yield: 6.978%
  • APN: R0166011
  • Situs County: Cleveland
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

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: 2,063/SqFt
  • Lot: 8,276/SqFt
  • Gross: 2,694/SqFt
  • Garage: 631/SqFt
  • Living: 2,063/SqFt
  • Building: 2,694/SqFt
  • Ground: 2,063/SqFt
  • Price Per Square Foot: $114.40

Legal Description

  • Description: SUMMIT LAKES 8 LOT 3 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: 35.20889 / -97.399704
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7190
  • Bathroom Fixtures: 13
  • 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

2716 Summit Terrace Dr has no associated ownership info
2716 Summit Terrace Dr has no associated ownership info.

Taxes

2716 Summit Terrace Dr has 10 associated Taxes items

2716 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 $30,419. The APN we've located for 2716 Summit Terrace Dr is R0166011.

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Taxes
  • Assessed Value:  $30,419
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0166011
  • Assessed Land Value:  4990
  • Market Land Value:  51742
  • Tax Amount:  3531
  • Tax Year:  2025
  • Market Value:  315421
  • Market Year:  2025

Tax History

2716 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,419 Land Value $4,990 Improvement Value $25,429 Tax Amount $3,531 Change Rate +0.033363% Assessed CR Tax Rate +0.116079%
Year 2024 Assessed Value $29,533 Land Value $4,847 Improvement Value $24,686 Tax Amount $3,417 Change Rate -0.007263% Assessed CR Tax Rate +0.115701%
Year 2023 Assessed Value $28,673 Land Value $5,327 Improvement Value $23,346 Tax Amount $3,442 Change Rate +0.094436% Assessed CR Tax Rate +0.120043%
Year 2022 Assessed Value $27,308 Land Value $5,069 Improvement Value $22,239 Tax Amount $3,145 Change Rate -0.003801% Assessed CR Tax Rate +0.115168%
Year 2021 Assessed Value $26,007 Land Value $4,200 Improvement Value $21,807 Tax Amount $3,157 Change Rate +0.021683% Assessed CR Tax Rate +0.12139%
Year 2020 Assessed Value $26,007 Land Value $4,200 Improvement Value $21,807 Tax Amount $3,090 Change Rate -0.01655% Assessed CR Tax Rate +0.118814%
Year 2019 Assessed Value $26,007 Land Value $4,200 Improvement Value $21,807 Tax Amount $3,142 Change Rate +0.03084% Assessed CR Tax Rate +0.120814%
Year 2018 Assessed Value $26,008 Land Value $4,200 Improvement Value $21,808 Tax Amount $3,048 Change Rate -0.011032% Assessed CR Tax Rate +0.117195%
Year 2017 Assessed Value $26,008 Land Value Improvement Value Tax Amount $3,082 Change Rate -0.015964% Assessed CR Tax Rate +0.118502%
Year 2016 Assessed Value $26,008 Land Value $4,200 Improvement Value $21,808 Tax Amount $3,132 Change Rate Assessed CR Tax Rate +0.120424%
Year 2015 Assessed Value $10,850 Land Value $371 Improvement Value $10,479 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