Large Location Icon

428 Summit Way; Norman, OK Property Details

428 Summit Way, Norman, OK is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 428 Summit Way has 3 bedrooms, and 2.5 bathrooms, and a total of 2,325 square feet. The lot size of 428 Summit Way is 17,860 square feet.

Off market
428 Summit Way Norman, OK 73071
$285,000 Listing Price
3 Beds
2.5 Baths
2,325 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $285,000
  • Open Loans / Balance: 1 / $187,425
  • Est. Equity / %: $218,575 / 53.84%
  • Gross Yield: 7.815%
  • APN: R0141392
  • Situs County: Cleveland
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • 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: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,325/SqFt
  • Lot: 17,860/SqFt
  • Gross: 3,059/SqFt
  • Garage: 734/SqFt
  • Living: 2,325/SqFt
  • Building: 3,059/SqFt
  • Ground: 2,325/SqFt
  • Price Per Square Foot: $122.58

Legal Description

  • Description: SUMMIT LAKES 6 LOT 32 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: 35.213 / -97.394
  • Subdivision: Summit Lakes 6
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 4115
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

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

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

Taxes

428 Summit Way has 10 associated Taxes items

428 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 $39,530. The APN we've located for 428 Summit Way is R0141392.

Unlock the full report
Taxes
  • Assessed Value:  $39,530
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0141392
  • Assessed Land Value:  6646
  • Market Land Value:  59009
  • Tax Amount:  4744
  • Tax Year:  2025
  • Market Value:  350951
  • Market Year:  2025

Tax History

428 Summit Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,530 Land Value $6,646 Improvement Value $32,884 Tax Amount $4,744 Change Rate +0.052118% Assessed CR Tax Rate +0.12001%
Year 2024 Assessed Value $37,648 Land Value $6,316 Improvement Value $31,332 Tax Amount $4,509 Change Rate +0.047387% Assessed CR Tax Rate +0.119767%
Year 2023 Assessed Value $35,855 Land Value $7,046 Improvement Value $28,809 Tax Amount $4,305 Change Rate +0.094863% Assessed CR Tax Rate +0.120067%
Year 2022 Assessed Value $34,148 Land Value $6,707 Improvement Value $27,441 Tax Amount $3,932 Change Rate -0.004053% Assessed CR Tax Rate +0.115146%
Year 2021 Assessed Value $32,522 Land Value $4,200 Improvement Value $28,322 Tax Amount $3,948 Change Rate +0.022004% Assessed CR Tax Rate +0.121395%
Year 2020 Assessed Value $32,522 Land Value $4,200 Improvement Value $28,322 Tax Amount $3,863 Change Rate -0.016798% Assessed CR Tax Rate +0.118781%
Year 2019 Assessed Value $32,522 Land Value $4,200 Improvement Value $28,322 Tax Amount $3,929 Change Rate +0.030963% Assessed CR Tax Rate +0.120811%
Year 2018 Assessed Value $32,522 Land Value $4,200 Improvement Value $28,322 Tax Amount $3,811 Change Rate -0.010644% Assessed CR Tax Rate +0.117182%
Year 2017 Assessed Value $32,522 Land Value Improvement Value Tax Amount $3,852 Change Rate +0.211321% Assessed CR Tax Rate +0.118443%
Year 2016 Assessed Value $26,400 Land Value $4,200 Improvement Value $22,200 Tax Amount $3,180 Change Rate +0.003373% Assessed CR Tax Rate +0.120455%
Year 2015 Assessed Value $27,132 Land Value $4,200 Improvement Value $22,932 Tax Amount $3,169.31 Change Rate -0.009668% Assessed CR Tax Rate +0.116811%
Year 2014 Assessed Value $27,132 Land Value $4,200 Improvement Value $22,932 Tax Amount $3,200.25 Change Rate Assessed CR Tax Rate +0.117951%