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405 Summit Way; Norman, OK Property Details

405 Summit Way, Norman, OK is a Single Family that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 405 Summit Way has 3 bedrooms, and 2 bathrooms, and a total of 2,001 square feet. The lot size of 405 Summit Way is 9,583 square feet.

Off market
405 Summit Way Norman, OK 73071
$198,350 Listing Price
3 Beds
2 Baths
2,001 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $187,000
  • Est. Equity / %: $328,000 / 100%
  • Gross Yield: 8.36%
  • APN: R0141386
  • Situs County: Cleveland
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

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: 2,001/SqFt
  • Lot: 9,583/SqFt
  • Gross: 2,694/SqFt
  • Garage: 693/SqFt
  • Living: 2,001/SqFt
  • Building: 2,694/SqFt
  • Ground: 2,001/SqFt
  • Price Per Square Foot: $93.45

Legal Description

  • Description: SUMMIT LAKES 6 LOT 26 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: 35.2141 / -97.393555
  • Subdivision: Summit Lakes 6
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 4159
  • 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

405 Summit Way has no associated ownership info
405 Summit Way has no associated ownership info.

Taxes

405 Summit Way has 10 associated Taxes items

405 Summit Way, 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 $26,738. The APN we've located for 405 Summit Way is R0141386.

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Taxes
  • Assessed Value:  $26,738
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0141386
  • Assessed Land Value:  4520
  • Market Land Value:  52728
  • Tax Amount:  3088
  • Tax Year:  2025
  • Market Value:  311867
  • Market Year:  2025

Tax History

405 Summit Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,738 Land Value $4,520 Improvement Value $22,218 Tax Amount $3,088 Change Rate +0.033121% Assessed CR Tax Rate +0.115491%
Year 2024 Assessed Value $25,959 Land Value $4,389 Improvement Value $21,570 Tax Amount $2,989 Change Rate +0.028562% Assessed CR Tax Rate +0.115143%
Year 2023 Assessed Value $25,203 Land Value $4,795 Improvement Value $20,408 Tax Amount $2,906 Change Rate +0.075102% Assessed CR Tax Rate +0.115304%
Year 2022 Assessed Value $24,469 Land Value $4,653 Improvement Value $19,816 Tax Amount $2,703 Change Rate -0.021716% Assessed CR Tax Rate +0.110466%
Year 2021 Assessed Value $23,757 Land Value $4,200 Improvement Value $19,557 Tax Amount $2,763 Change Rate +0.022198% Assessed CR Tax Rate +0.116303%
Year 2020 Assessed Value $23,757 Land Value $4,200 Improvement Value $19,557 Tax Amount $2,703 Change Rate -0.016733% Assessed CR Tax Rate +0.113777%
Year 2019 Assessed Value $23,757 Land Value $4,200 Improvement Value $19,557 Tax Amount $2,749 Change Rate +0.030746% Assessed CR Tax Rate +0.115713%
Year 2018 Assessed Value $23,757 Land Value $4,200 Improvement Value $19,557 Tax Amount $2,667 Change Rate -0.011123% Assessed CR Tax Rate +0.112262%
Year 2017 Assessed Value $23,757 Land Value Improvement Value Tax Amount $2,697 Change Rate -0.016053% Assessed CR Tax Rate +0.113524%
Year 2016 Assessed Value $23,757 Land Value $4,200 Improvement Value $19,557 Tax Amount $2,741 Change Rate +0.002718% Assessed CR Tax Rate +0.115377%
Year 2015 Assessed Value $24,402 Land Value $4,200 Improvement Value $20,202 Tax Amount $2,733.57 Change Rate +0.010401% Assessed CR Tax Rate +0.112022%
Year 2014 Assessed Value $23,937 Land Value $4,120 Improvement Value $19,817 Tax Amount $2,705.43 Change Rate Assessed CR Tax Rate +0.113023%