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307 Summit Bnd; Norman, OK Property Details

307 Summit Bnd, Norman, OK is a Single Family that was built in 2009. This property is currently a cash purchase and is not for sale. Our records show that 307 Summit Bnd has 3 bedrooms, and 3.5 bathrooms, and a total of 2,555 square feet. The lot size of 307 Summit Bnd is 10,454 square feet.

Off market  •   Pre Foreclosure ✓
307 Summit Bnd Norman, OK 73071
$398,000 Listing Price
3 Beds
3.5 Baths
2,555 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2009
  • Purchase Price: $367,000
  • Open Loans / Balance: 1 / $122,648
  • Est. Equity / %: $261,352 / 68.06%
  • Gross Yield: 8.519%
  • APN: R0150909
  • Situs County: Cleveland
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Steel
  • Stories: 1.5
  • Exterior Wall Type: Combination
  • Distressed: true
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C+
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,555/SqFt
  • Lot: 10,454/SqFt
  • Gross: 3,280/SqFt
  • Garage: 725/SqFt
  • Living: 2,555/SqFt
  • Building: 3,280/SqFt
  • Ground: 2,192/SqFt
  • Price Per Square Foot: $143.64

Legal Description

  • Description: SUMMIT LAKES 9 LOT 5 BLOCK 2
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: 35.215084 / -97.391975
  • Subdivision: Summit Lakes 9
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 4171
  • Bathroom Fixtures: 16
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $33
  • H O A Two: $400
  • H O A Amount: $433
  • H O A One Frequency: Monthly
  • H O A One Name: Summit Lakes Property Owners Assoc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Summit Lakes Property Owners Association
  • H O A Two Type: Home Owner Association

Ownership Info

307 Summit Bnd has no associated ownership info
307 Summit Bnd has no associated ownership info.

Taxes

307 Summit Bnd has 10 associated Taxes items

307 Summit Bnd, 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 $44,247. The APN we've located for 307 Summit Bnd is R0150909.

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Taxes
  • Assessed Value:  $44,247
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0150909
  • Assessed Land Value:  6307
  • Market Land Value:  53389
  • Tax Amount:  5310
  • Tax Year:  2025
  • Market Value:  374545
  • Market Year:  2025

Tax History

307 Summit Bnd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,247 Land Value $6,307 Improvement Value $37,940 Tax Amount $5,310 Change Rate +0.05211% Assessed CR Tax Rate +0.120008%
Year 2024 Assessed Value $42,141 Land Value $5,990 Improvement Value $36,151 Tax Amount $5,047 Change Rate +0.047095% Assessed CR Tax Rate +0.119765%
Year 2023 Assessed Value $40,134 Land Value $6,356 Improvement Value $33,778 Tax Amount $4,820 Change Rate +0.253902% Assessed CR Tax Rate +0.120098%
Year 2022 Assessed Value $33,372 Land Value $5,283 Improvement Value $28,089 Tax Amount $3,844 Change Rate -0.003887% Assessed CR Tax Rate +0.115186%
Year 2021 Assessed Value $31,783 Land Value $4,200 Improvement Value $27,583 Tax Amount $3,859 Change Rate +0.021981% Assessed CR Tax Rate +0.121417%
Year 2020 Assessed Value $31,783 Land Value $4,200 Improvement Value $27,583 Tax Amount $3,776 Change Rate -0.016411% Assessed CR Tax Rate +0.118806%
Year 2019 Assessed Value $31,783 Land Value $4,200 Improvement Value $27,583 Tax Amount $3,839 Change Rate +0.031158% Assessed CR Tax Rate +0.120788%
Year 2018 Assessed Value $31,784 Land Value $4,200 Improvement Value $27,584 Tax Amount $3,723 Change Rate -0.011418% Assessed CR Tax Rate +0.117134%
Year 2017 Assessed Value $31,784 Land Value Improvement Value Tax Amount $3,766 Change Rate -0.016196% Assessed CR Tax Rate +0.118487%
Year 2016 Assessed Value $31,784 Land Value $4,200 Improvement Value $27,584 Tax Amount $3,828 Change Rate -0.042289% Assessed CR Tax Rate +0.120438%
Year 2015 Assessed Value $34,218 Land Value $4,200 Improvement Value $30,018 Tax Amount $3,997.03 Change Rate -0.009665% Assessed CR Tax Rate +0.116811%
Year 2014 Assessed Value $34,218 Land Value $4,200 Improvement Value $30,018 Tax Amount $4,036.04 Change Rate Assessed CR Tax Rate +0.117951%