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2905 Summit Terrace Dr; Norman, OK Property Details

2905 Summit Terrace Dr, Norman, OK is a Single Family that was built in 2015. This property is currently Financed,New Construction and is not for sale. Our records show that 2905 Summit Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,866 square feet. The lot size of 2905 Summit Terrace Dr is 8,189 square feet.

Off market
2905 Summit Terrace Dr Norman, OK 73071
$218,500 Listing Price
3 Beds
2 Baths
1,866 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2015
  • Purchase Price: $218,500
  • Open Loans / Balance: 1 / $170,732
  • Est. Equity / %: $173,268 / 50.37%
  • Gross Yield: 7.434%
  • APN: R0165992
  • Situs County: Cleveland
  • Length Of Ownership: 10 years, 8 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: 1,866/SqFt
  • Lot: 8,189/SqFt
  • Gross: 2,528/SqFt
  • Garage: 662/SqFt
  • Living: 1,866/SqFt
  • Building: 2,528/SqFt
  • Ground: 1,866/SqFt
  • Price Per Square Foot: $117.10

Legal Description

  • Description: SUMMIT LAKES 8 LOT 5 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: 35.209602 / -97.398605
  • Subdivision: Summit Lakes 8
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 7188
  • 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

2905 Summit Terrace Dr has no associated ownership info
2905 Summit Terrace Dr has no associated ownership info.

Taxes

2905 Summit Terrace Dr has 10 associated Taxes items

2905 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 $30,914. The APN we've located for 2905 Summit Terrace Dr is R0165992.

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Taxes
  • Assessed Value:  $30,914
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0165992
  • Assessed Land Value:  5247
  • Market Land Value:  51670
  • Tax Amount:  3710
  • Tax Year:  2025
  • Market Value:  304378
  • Market Year:  2025

Tax History

2905 Summit Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,914 Land Value $5,247 Improvement Value $25,667 Tax Amount $3,710 Change Rate +0.052184% Assessed CR Tax Rate +0.12001%
Year 2024 Assessed Value $29,442 Land Value $5,010 Improvement Value $24,432 Tax Amount $3,526 Change Rate +0.047223% Assessed CR Tax Rate +0.119761%
Year 2023 Assessed Value $28,040 Land Value $5,406 Improvement Value $22,634 Tax Amount $3,367 Change Rate +0.094603% Assessed CR Tax Rate +0.120078%
Year 2022 Assessed Value $26,705 Land Value $5,149 Improvement Value $21,556 Tax Amount $3,076 Change Rate -0.003886% Assessed CR Tax Rate +0.115184%
Year 2021 Assessed Value $25,433 Land Value $4,200 Improvement Value $21,233 Tax Amount $3,088 Change Rate +0.022178% Assessed CR Tax Rate +0.121417%
Year 2020 Assessed Value $25,433 Land Value $4,200 Improvement Value $21,233 Tax Amount $3,021 Change Rate -0.016922% Assessed CR Tax Rate +0.118783%
Year 2019 Assessed Value $25,433 Land Value $4,200 Improvement Value $21,233 Tax Amount $3,073 Change Rate +0.031208% Assessed CR Tax Rate +0.120827%
Year 2018 Assessed Value $25,433 Land Value $4,200 Improvement Value $21,233 Tax Amount $2,980 Change Rate -0.010953% Assessed CR Tax Rate +0.117171%
Year 2017 Assessed Value $25,433 Land Value Improvement Value Tax Amount $3,013 Change Rate -0.016324% Assessed CR Tax Rate +0.118468%
Year 2016 Assessed Value $25,433 Land Value $4,200 Improvement Value $21,233 Tax Amount $3,063 Change Rate Assessed CR Tax Rate +0.120434%
Year 2015 Assessed Value $371 Land Value $371 Improvement Value 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