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412 Terrace Pl; Norman, OK Property Details

412 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 412 Terrace Pl has 3 bedrooms, and 2 bathrooms, and a total of 1,972 square feet. The lot size of 412 Terrace Pl is 16,553 square feet.

Off market
412 Terrace Pl Norman, OK 73069
$218,625 Listing Price
3 Beds
2 Baths
1,972 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1962
  • Purchase Price: $219,000
  • Open Loans / Balance: 1 / $135,283
  • Est. Equity / %: $198,717 / 59.5%
  • Gross Yield: 9.446%
  • APN: R0039710
  • Situs County: Cleveland
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full 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: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,972/SqFt
  • Lot: 16,553/SqFt
  • Gross: 2,500/SqFt
  • Garage: 528/SqFt
  • Living: 1,972/SqFt
  • Building: 2,500/SqFt
  • Ground: 1,972/SqFt
  • Price Per Square Foot: $111.05

Legal Description

  • Description: NORMANDY PARK LOT 1 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: 35.213985 / -97.4778
  • Subdivision: Normandy Park
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 5065
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

412 Terrace Pl has 10 associated Taxes items

412 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 $28,898. The APN we've located for 412 Terrace Pl is R0039710.

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Taxes
  • Assessed Value:  $28,898
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0039710
  • Assessed Land Value:  6051
  • Market Land Value:  53119
  • Tax Amount:  3468
  • Tax Year:  2025
  • Market Value:  253678
  • Market Year:  2025

Tax History

412 Terrace Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,898 Land Value $6,051 Improvement Value $22,847 Tax Amount $3,468 Change Rate +0.051865% Assessed CR Tax Rate +0.120008%
Year 2024 Assessed Value $27,522 Land Value $4,407 Improvement Value $23,115 Tax Amount $3,297 Change Rate +0.047664% Assessed CR Tax Rate +0.119795%
Year 2023 Assessed Value $26,211 Land Value $4,848 Improvement Value $21,363 Tax Amount $3,147 Change Rate +0.094609% Assessed CR Tax Rate +0.120064%
Year 2022 Assessed Value $24,963 Land Value $2,400 Improvement Value $22,563 Tax Amount $2,875 Change Rate -0.051155% Assessed CR Tax Rate +0.11517%
Year 2021 Assessed Value $24,963 Land Value $2,400 Improvement Value $22,563 Tax Amount $3,030 Change Rate +0.021578% Assessed CR Tax Rate +0.12138%
Year 2020 Assessed Value $24,963 Land Value $2,400 Improvement Value $22,563 Tax Amount $2,966 Change Rate -0.016578% Assessed CR Tax Rate +0.118816%
Year 2019 Assessed Value $24,963 Land Value $2,400 Improvement Value $22,563 Tax Amount $3,016 Change Rate +0.031111% Assessed CR Tax Rate +0.120819%
Year 2018 Assessed Value $24,963 Land Value $2,400 Improvement Value $22,563 Tax Amount $2,925 Change Rate -0.010822% Assessed CR Tax Rate +0.117173%
Year 2017 Assessed Value $24,963 Land Value Improvement Value Tax Amount $2,957 Change Rate -0.016301% Assessed CR Tax Rate +0.118455%
Year 2016 Assessed Value $24,963 Land Value $2,400 Improvement Value $22,563 Tax Amount $3,006 Change Rate +0.49156% Assessed CR Tax Rate +0.120418%
Year 2015 Assessed Value $17,253 Land Value $2,224 Improvement Value $15,029 Tax Amount $2,015.34 Change Rate Assessed CR Tax Rate +0.116811%
Year 2014 Assessed Value $15,659 Land Value $2,018 Improvement Value $13,641 Tax Amount Change Rate Assessed CR Tax Rate