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324 Reed Ave; Norman, OK Property Details

324 Reed Ave, Norman, OK is a Single Family that was built in 1945. This property is currently Financed and is not for sale. Our records show that 324 Reed Ave has 2 bedrooms, and 1 bathroom, and a total of 572 square feet. The lot size of 324 Reed Ave is 5,663 square feet.

Off market
324 Reed Ave Norman, OK 73071
$90,000 Listing Price
2 Beds
1 Baths
572 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1945
  • Purchase Price: $135,000
  • Open Loans / Balance: 1 / $77,079
  • Est. Equity / %: $54,921 / 41.61%
  • Gross Yield: 5.882%
  • APN: R0043634
  • Situs County: Cleveland
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 572/SqFt
  • Lot: 5,663/SqFt
  • Gross: 572/SqFt
  • Living: 572/SqFt
  • Building: 572/SqFt
  • Ground: 572/SqFt
  • Price Per Square Foot: $236.01

Legal Description

  • Description: RUCKERS 1ST N61.27 LOTS 17-19 AND N61.27 OF E20 LOT 20 BLK 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: 35.2225 / -97.42929
  • Subdivision: Ruckers 1
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: SF

Amenities

  • Plus Four: 5216
  • Bathroom Fixtures: 4
  • Cooling: Window\Unit
  • Heating: Floor/Wall

Ownership Info

324 Reed Ave has no associated ownership info
324 Reed Ave has no associated ownership info.

Taxes

324 Reed Ave has 10 associated Taxes items

324 Reed Ave, 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 $11,212. The APN we've located for 324 Reed Ave is R0043634.

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Taxes
  • Assessed Value:  $11,212
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0043634
  • Assessed Land Value:  3500
  • Market Land Value:  29677
  • Tax Amount:  1226
  • Tax Year:  2025
  • Market Value:  95054
  • Market Year:  2025

Tax History

324 Reed Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,212 Land Value $3,500 Improvement Value $7,712 Tax Amount $1,226 Change Rate +0.035473% Assessed CR Tax Rate +0.109347%
Year 2024 Assessed Value $10,885 Land Value $3,474 Improvement Value $7,411 Tax Amount $1,184 Change Rate +0.030461% Assessed CR Tax Rate +0.108774%
Year 2023 Assessed Value $10,568 Land Value $1,800 Improvement Value $8,768 Tax Amount $1,149 Change Rate +0.069832% Assessed CR Tax Rate +0.108724%
Year 2022 Assessed Value $10,318 Land Value $1,753 Improvement Value $8,565 Tax Amount $1,074 Change Rate -0.019178% Assessed CR Tax Rate +0.10409%
Year 2021 Assessed Value $10,017 Land Value $1,800 Improvement Value $8,217 Tax Amount $1,095 Change Rate +1.644928% Assessed CR Tax Rate +0.109314%
Year 2020 Assessed Value $3,482 Land Value $1,350 Improvement Value $2,132 Tax Amount $414 Change Rate +0.246988% Assessed CR Tax Rate +0.118897%
Year 2019 Assessed Value $2,747 Land Value $1,065 Improvement Value $1,682 Tax Amount $332 Change Rate +0.084967% Assessed CR Tax Rate +0.120859%
Year 2018 Assessed Value $2,616 Land Value $1,014 Improvement Value $1,602 Tax Amount $306 Change Rate +0.728814% Assessed CR Tax Rate +0.116972%
Year 2017 Assessed Value $3,483 Land Value Improvement Value Tax Amount $177 Change Rate +0.02907% Assessed CR Tax Rate +0.050818%
Year 2016 Assessed Value $2,420 Land Value $938 Improvement Value $1,482 Tax Amount $172 Change Rate +0.091371% Assessed CR Tax Rate +0.071074%
Year 2015 Assessed Value $2,349 Land Value $481 Improvement Value $1,868 Tax Amount $157.6 Change Rate +0.043156% Assessed CR Tax Rate +0.067092%
Year 2014 Assessed Value $2,281 Land Value $467 Improvement Value $1,814 Tax Amount $151.08 Change Rate Assessed CR Tax Rate +0.066234%