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2805 Summit Terrace Dr; Norman, OK Property Details

2805 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 2805 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,502 square feet. The lot size of 2805 Summit Terrace Dr is 11,587 square feet.

Off market
2805 Summit Terrace Dr Norman, OK 73071
$260,000 Listing Price
3 Beds
2 Baths
1,502 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2014
  • Purchase Price: $260,000
  • Open Loans / Balance: 1 / $168,525
  • Est. Equity / %: $131,475 / 43.82%
  • Gross Yield: 7.196%
  • APN: R0165997
  • Situs County: Cleveland
  • Length Of Ownership: 3 years, 5 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: 1,502/SqFt
  • Lot: 11,587/SqFt
  • Gross: 1,942/SqFt
  • Garage: 440/SqFt
  • Living: 1,502/SqFt
  • Building: 1,942/SqFt
  • Ground: 1,502/SqFt
  • Price Per Square Foot: $173.10

Legal Description

  • Description: SUMMIT LAKES 8 LOT 10 BLOCK 3
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: 35.20954 / -97.39964
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7195
  • 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

2805 Summit Terrace Dr has no associated ownership info
2805 Summit Terrace Dr has no associated ownership info.

Taxes

2805 Summit Terrace Dr has 10 associated Taxes items

2805 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 $30,963. The APN we've located for 2805 Summit Terrace Dr is R0165997.

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Taxes
  • Assessed Value:  $30,963
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0165997
  • Assessed Land Value:  6509
  • Market Land Value:  54245
  • Tax Amount:  3715
  • Tax Year:  2025
  • Market Value:  258027
  • Market Year:  2025

Tax History

2805 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,963 Land Value $6,509 Improvement Value $24,454 Tax Amount $3,715 Change Rate +0.007868% Assessed CR Tax Rate +0.119982%
Year 2024 Assessed Value $30,782 Land Value $6,509 Improvement Value $24,273 Tax Amount $3,686 Change Rate +0.323519% Assessed CR Tax Rate +0.119745%
Year 2023 Assessed Value $23,191 Land Value $5,616 Improvement Value $17,575 Tax Amount $2,785 Change Rate +0.094733% Assessed CR Tax Rate +0.12009%
Year 2022 Assessed Value $22,087 Land Value $5,348 Improvement Value $16,739 Tax Amount $2,544 Change Rate -0.003915% Assessed CR Tax Rate +0.115181%
Year 2021 Assessed Value $21,035 Land Value $4,200 Improvement Value $16,835 Tax Amount $2,554 Change Rate +0.022009% Assessed CR Tax Rate +0.121417%
Year 2020 Assessed Value $21,035 Land Value $4,200 Improvement Value $16,835 Tax Amount $2,499 Change Rate -0.016529% Assessed CR Tax Rate +0.118802%
Year 2019 Assessed Value $21,035 Land Value $4,200 Improvement Value $16,835 Tax Amount $2,541 Change Rate +0.030832% Assessed CR Tax Rate +0.120799%
Year 2018 Assessed Value $21,036 Land Value $4,200 Improvement Value $16,836 Tax Amount $2,465 Change Rate -0.010438% Assessed CR Tax Rate +0.11718%
Year 2017 Assessed Value $21,036 Land Value Improvement Value Tax Amount $2,491 Change Rate -0.016969% Assessed CR Tax Rate +0.118416%
Year 2016 Assessed Value $21,036 Land Value $4,200 Improvement Value $16,836 Tax Amount $2,534 Change Rate Assessed CR Tax Rate +0.12046%
Year 2015 Assessed Value $8,832 Land Value $371 Improvement Value $8,461 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