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418 Rapids Way; Norman, OK Property Details

418 Rapids Way, Norman, OK is a Single Family that was built in 2023. This property is currently Financed,New Construction and is not for sale. Our records show that 418 Rapids Way has 3 bedrooms, and 2.5 bathrooms, and a total of 2,617 square feet. The lot size of 418 Rapids Way is 9,060 square feet.

Off market
418 Rapids Way Norman, OK 73069
$579,896 Listing Price
3 Beds
2.5 Baths
2,617 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2023
  • Purchase Price: $580,000
  • Open Loans / Balance: 1 / $326,387
  • Est. Equity / %: $296,613 / 47.61%
  • Gross Yield: 7.884%
  • APN: R0194567
  • Situs County: Cleveland
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Steel
  • Stories: 1
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,617/SqFt
  • Lot: 9,060/SqFt
  • Price Per Square Foot: $221.63

Legal Description

  • Description: PINE CREEK LT 11 BLK 3
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Norman Public Schools
  • Lat / Lon: 35.26312 / -97.43442
  • Subdivision: Pine Creek
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 4290
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One: $810
  • H O A Amount: $810
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

418 Rapids Way has no associated ownership info
418 Rapids Way has no associated ownership info.

Taxes

418 Rapids Way has 10 associated Taxes items

418 Rapids 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 $32,443. The APN we've located for 418 Rapids Way is R0194567.

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Taxes
  • Assessed Value:  $32,443
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0194567
  • Assessed Land Value:  849
  • Market Land Value:  7082
  • Tax Amount:  3892
  • Tax Year:  2025
  • Market Value:  270365
  • Market Year:  2025

Tax History

418 Rapids Way has 2 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,443 Land Value $849 Improvement Value $31,594 Tax Amount $3,892 Change Rate Assessed CR Tax Rate +0.119964%
Year 2024 Assessed Value $849 Land Value $849 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate