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401 Terrace Pl; Norman, OK Property Details

401 Terrace Pl, Norman, OK is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 401 Terrace Pl has 5 bedrooms, and 2.5 bathrooms, and a total of 3,264 square feet. The lot size of 401 Terrace Pl is 17,860 square feet.

Off market
401 Terrace Pl Norman, OK 73069
$195,000 Listing Price
5 Beds
2.5 Baths
3,264 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1962
  • Purchase Price: $195,000
  • Open Loans / Balance: 1 / $86,081
  • Est. Equity / %: $257,919 / 74.98%
  • Gross Yield: 9.453%
  • APN: R0039723
  • Situs County: Cleveland
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

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: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,264/SqFt
  • Lot: 17,860/SqFt
  • Gross: 4,105/SqFt
  • Garage: 841/SqFt
  • Living: 3,264/SqFt
  • Building: 4,105/SqFt
  • Ground: 2,108/SqFt
  • Price Per Square Foot: $59.74

Legal Description

  • Description: NORMANDY PARK LOT 1 BLK 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: 35.213936 / -97.477005
  • Subdivision: Normandy Park
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 5032
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

401 Terrace Pl has no associated ownership info
401 Terrace Pl has no associated ownership info.

Taxes

401 Terrace Pl has 10 associated Taxes items

401 Terrace Pl, 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 $25,371. The APN we've located for 401 Terrace Pl is R0039723.

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Taxes
  • Assessed Value:  $25,371
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0039723
  • Assessed Land Value:  5097
  • Market Land Value:  53433
  • Tax Amount:  3044
  • Tax Year:  2025
  • Market Value:  265937
  • Market Year:  2025

Tax History

401 Terrace Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,371 Land Value $5,097 Improvement Value $20,274 Tax Amount $3,044 Change Rate +0.052195% Assessed CR Tax Rate +0.11998%
Year 2024 Assessed Value $24,163 Land Value $3,715 Improvement Value $20,448 Tax Amount $2,893 Change Rate +0.04705% Assessed CR Tax Rate +0.119729%
Year 2023 Assessed Value $23,013 Land Value $3,484 Improvement Value $19,529 Tax Amount $2,763 Change Rate +0.094257% Assessed CR Tax Rate +0.120063%
Year 2022 Assessed Value $21,917 Land Value $2,400 Improvement Value $19,517 Tax Amount $2,525 Change Rate -0.050752% Assessed CR Tax Rate +0.115207%
Year 2021 Assessed Value $21,917 Land Value $2,400 Improvement Value $19,517 Tax Amount $2,660 Change Rate +0.021505% Assessed CR Tax Rate +0.121367%
Year 2020 Assessed Value $21,917 Land Value $2,400 Improvement Value $19,517 Tax Amount $2,604 Change Rate +0.102922% Assessed CR Tax Rate +0.118812%
Year 2019 Assessed Value $20,535 Land Value $2,400 Improvement Value $18,135 Tax Amount $2,361 Change Rate -0.10771% Assessed CR Tax Rate +0.114974%
Year 2018 Assessed Value $23,587 Land Value $2,400 Improvement Value $21,187 Tax Amount $2,646 Change Rate -0.01158% Assessed CR Tax Rate +0.11218%
Year 2017 Assessed Value $23,587 Land Value Improvement Value Tax Amount $2,677 Change Rate -0.015809% Assessed CR Tax Rate +0.113495%
Year 2016 Assessed Value $23,587 Land Value $2,400 Improvement Value $21,187 Tax Amount $2,720 Change Rate Assessed CR Tax Rate +0.115318%
Year 2015 Assessed Value $23,582 Land Value $2,277 Improvement Value $21,305 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,587 Land Value $2,277 Improvement Value $21,310 Tax Amount Change Rate Assessed CR Tax Rate