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408 Terrace Pl; Norman, OK Property Details

408 Terrace Pl, Norman, OK is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 408 Terrace Pl has 5 bedrooms, and 3 bathrooms, and a total of 3,005 square feet. The lot size of 408 Terrace Pl is 19,166 square feet.

Off market
408 Terrace Pl Norman, OK 73069
$195,650 Listing Price
5 Beds
3 Baths
3,005 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Purchase Price: $195,500
  • Open Loans / Balance: 2 / $163,874
  • Est. Equity / %: $169,126 / 50.79%
  • Gross Yield: 10.465%
  • APN: R0039708
  • Situs County: Cleveland
  • Length Of Ownership: 11 years, 6 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

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
  • Pool Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,005/SqFt
  • Lot: 19,166/SqFt
  • Gross: 3,005/SqFt
  • Garage: 380/SqFt
  • Living: 3,005/SqFt
  • Building: 3,005/SqFt
  • Ground: 3,005/SqFt
  • Price Per Square Foot: $65.06

Legal Description

  • Description: NORMANDY PARK LOT 10 EXC APPROX 8 OFF N SIDE AND W6.16 LOT 11 BLK 1
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: 35.214443 / -97.47739
  • Subdivision: Normandy Park
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Pool: true
  • Plus Four: 5033
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

408 Terrace Pl has 10 associated Taxes items

408 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 $24,134. The APN we've located for 408 Terrace Pl is R0039708.

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Taxes
  • Assessed Value:  $24,134
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0039708
  • Assessed Land Value:  4405
  • Market Land Value:  53748
  • Tax Amount:  2776
  • Tax Year:  2025
  • Market Value:  294458
  • Market Year:  2025

Tax History

408 Terrace Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,134 Land Value $4,405 Improvement Value $19,729 Tax Amount $2,776 Change Rate +0.033122% Assessed CR Tax Rate +0.115024%
Year 2024 Assessed Value $23,431 Land Value $3,309 Improvement Value $20,122 Tax Amount $2,687 Change Rate +0.02832% Assessed CR Tax Rate +0.114677%
Year 2023 Assessed Value $22,749 Land Value $3,324 Improvement Value $19,425 Tax Amount $2,613 Change Rate +0.076638% Assessed CR Tax Rate +0.114862%
Year 2022 Assessed Value $22,086 Land Value $2,400 Improvement Value $19,686 Tax Amount $2,427 Change Rate -0.051583% Assessed CR Tax Rate +0.109889%
Year 2021 Assessed Value $22,086 Land Value $2,400 Improvement Value $19,686 Tax Amount $2,559 Change Rate +0.021557% Assessed CR Tax Rate +0.115865%
Year 2020 Assessed Value $22,086 Land Value $2,400 Improvement Value $19,686 Tax Amount $2,505 Change Rate -0.01649% Assessed CR Tax Rate +0.11342%
Year 2019 Assessed Value $22,086 Land Value $2,400 Improvement Value $19,686 Tax Amount $2,547 Change Rate +0.031174% Assessed CR Tax Rate +0.115322%
Year 2018 Assessed Value $22,087 Land Value $2,400 Improvement Value $19,687 Tax Amount $2,470 Change Rate -0.011209% Assessed CR Tax Rate +0.11183%
Year 2017 Assessed Value $22,087 Land Value Improvement Value Tax Amount $2,498 Change Rate -0.016148% Assessed CR Tax Rate +0.113098%
Year 2016 Assessed Value $22,087 Land Value $2,400 Improvement Value $19,687 Tax Amount $2,539 Change Rate Assessed CR Tax Rate +0.114954%
Year 2015 Assessed Value $21,441 Land Value $2,244 Improvement Value $19,197 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $20,420 Land Value $2,040 Improvement Value $18,380 Tax Amount Change Rate Assessed CR Tax Rate