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306 Colony Dr; Norman, OK Property Details

306 Colony Dr, Norman, OK is a Condominium that was built in 1983. This property is currently Financed and is not for sale. Our records show that 306 Colony Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,220 square feet. The lot size of 306 Colony Dr is 3,485 square feet.

Off market
306 Colony Dr Norman, OK 73072
$10,099 Estimated Value
2 Beds
2 Baths
1,220 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $34,979
  • Est. Equity / %: $121,021 / 77.58%
  • Gross Yield: 9.854%
  • APN: R0034829
  • Situs County: Cleveland
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Steel
  • Stories: 2
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,220/SqFt
  • Lot: 3,485/SqFt
  • Gross: 1,660/SqFt
  • Garage: 440/SqFt
  • Living: 1,220/SqFt
  • Building: 1,660/SqFt
  • Ground: 567/SqFt
  • Price Per Square Foot: $81.97

Legal Description

  • Description: HERITAGE PLACE II BLK 7 LOT 1 BLK 6 AND LOT 23 BLK 1 UNIT 306 SILVER CREEK CONDOA UNIT OWNERSHIP EST AND .052632 INT IN C/E
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.220867 / -97.503746
  • Subdivision: Heritage Pl Ii
  • Property Class: Residential
  • Zoning: RM
  • County Use Code: CONDO

Amenities

  • Plus Four: 4438
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $8
  • H O A Amount: $8
  • H O A One Name: Colony Owners Association
  • H O A One Type: Condo  Owner Association

Ownership Info

306 Colony Dr has no associated ownership info
306 Colony Dr has no associated ownership info.

Taxes

306 Colony Dr has 10 associated Taxes items

306 Colony 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 $10,099. The APN we've located for 306 Colony Dr is R0034829.

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Taxes
  • Assessed Value:  $10,099
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0034829
  • Assessed Land Value:  1589
  • Market Land Value:  23542
  • Tax Amount:  1093
  • Tax Year:  2025
  • Market Value:  149623
  • Market Year:  2025

Tax History

306 Colony Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,099 Land Value $1,589 Improvement Value $8,510 Tax Amount $1,093 Change Rate +0.037002% Assessed CR Tax Rate +0.108229%
Year 2024 Assessed Value $9,805 Land Value $1,179 Improvement Value $8,626 Tax Amount $1,054 Change Rate +0.029297% Assessed CR Tax Rate +0.107496%
Year 2023 Assessed Value $9,519 Land Value $1,177 Improvement Value $8,342 Tax Amount $1,024 Change Rate +0.079031% Assessed CR Tax Rate +0.107574%
Year 2022 Assessed Value $9,242 Land Value $1,800 Improvement Value $7,442 Tax Amount $949 Change Rate -0.051948% Assessed CR Tax Rate +0.102683%
Year 2021 Assessed Value $9,242 Land Value $1,800 Improvement Value $7,442 Tax Amount $1,001 Change Rate +0.022472% Assessed CR Tax Rate +0.10831%
Year 2020 Assessed Value $9,242 Land Value $1,800 Improvement Value $7,442 Tax Amount $979 Change Rate -0.011111% Assessed CR Tax Rate +0.105929%
Year 2019 Assessed Value $9,192 Land Value $1,790 Improvement Value $7,402 Tax Amount $990 Change Rate +0.06681% Assessed CR Tax Rate +0.107702%
Year 2018 Assessed Value $8,925 Land Value $1,738 Improvement Value $7,187 Tax Amount $928 Change Rate +0.022026% Assessed CR Tax Rate +0.103978%
Year 2017 Assessed Value $9,243 Land Value Improvement Value Tax Amount $908 Change Rate +0.016797% Assessed CR Tax Rate +0.098237%
Year 2016 Assessed Value $8,412 Land Value $1,638 Improvement Value $6,774 Tax Amount $893 Change Rate +0.066562% Assessed CR Tax Rate +0.106158%
Year 2015 Assessed Value $8,168 Land Value $720 Improvement Value $7,448 Tax Amount $837.27 Change Rate -0.009664% Assessed CR Tax Rate +0.102506%
Year 2014 Assessed Value $8,168 Land Value $720 Improvement Value $7,448 Tax Amount $845.44 Change Rate Assessed CR Tax Rate +0.103506%