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501 Laws Dr; Norman, OK Property Details

501 Laws Dr, Norman, OK is a Single Family that was built in 1996. This property is currently Financed and is not for sale. Our records show that 501 Laws Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,722 square feet. The lot size of 501 Laws Dr is 9,148 square feet.

Off market
501 Laws Dr Norman, OK 73072
$172,000 Listing Price
3 Beds
2 Baths
1,722 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1996
  • Purchase Price: $172,000
  • Open Loans / Balance: 2 / $173,413
  • Est. Equity / %: $120,587 / 41.02%
  • Gross Yield: 8.286%
  • APN: R0027684
  • Situs County: Cleveland
  • Length Of Ownership: 13 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

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
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,722/SqFt
  • Lot: 9,148/SqFt
  • Gross: 2,169/SqFt
  • Garage: 447/SqFt
  • Living: 1,722/SqFt
  • Building: 2,169/SqFt
  • Ground: 1,722/SqFt
  • Price Per Square Foot: $99.88

Legal Description

  • Description: CAMBRIDGE III 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: 35.22368 / -97.51948
  • Subdivision: Cambridge 3
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 3871
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $22
  • H O A Amount: $22
  • H O A One Frequency: Monthly
  • H O A One Name: Cambridge Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

501 Laws Dr has no associated ownership info
501 Laws Dr has no associated ownership info.

Taxes

501 Laws Dr has 10 associated Taxes items

501 Laws Dr, 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 $25,492. The APN we've located for 501 Laws Dr is R0027684.

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Taxes
  • Assessed Value:  $25,492
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0027684
  • Assessed Land Value:  6192
  • Market Land Value:  65710
  • Tax Amount:  3059
  • Tax Year:  2025
  • Market Value:  270501
  • Market Year:  2025

Tax History

501 Laws Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,492 Land Value $6,192 Improvement Value $19,300 Tax Amount $3,059 Change Rate +0.051926% Assessed CR Tax Rate +0.119998%
Year 2024 Assessed Value $24,278 Land Value $4,855 Improvement Value $19,423 Tax Amount $2,908 Change Rate +0.047173% Assessed CR Tax Rate +0.119779%
Year 2023 Assessed Value $23,122 Land Value $4,839 Improvement Value $18,283 Tax Amount $2,777 Change Rate +0.0946% Assessed CR Tax Rate +0.120102%
Year 2022 Assessed Value $22,021 Land Value $4,181 Improvement Value $17,840 Tax Amount $2,537 Change Rate -0.003535% Assessed CR Tax Rate +0.115208%
Year 2021 Assessed Value $20,973 Land Value $4,313 Improvement Value $16,660 Tax Amount $2,546 Change Rate +0.072903% Assessed CR Tax Rate +0.121394%
Year 2020 Assessed Value $19,974 Land Value $3,600 Improvement Value $16,374 Tax Amount $2,373 Change Rate -0.016984% Assessed CR Tax Rate +0.118804%
Year 2019 Assessed Value $19,974 Land Value $3,600 Improvement Value $16,374 Tax Amount $2,414 Change Rate +0.031624% Assessed CR Tax Rate +0.120857%
Year 2018 Assessed Value $19,974 Land Value $3,600 Improvement Value $16,374 Tax Amount $2,340 Change Rate -0.011824% Assessed CR Tax Rate +0.117152%
Year 2017 Assessed Value $19,974 Land Value Improvement Value Tax Amount $2,368 Change Rate +0.004241% Assessed CR Tax Rate +0.118554%
Year 2016 Assessed Value $19,581 Land Value $3,529 Improvement Value $16,052 Tax Amount $2,358 Change Rate +0.082441% Assessed CR Tax Rate +0.120423%
Year 2015 Assessed Value $18,649 Land Value $3,600 Improvement Value $15,049 Tax Amount $2,178.41 Change Rate -0.042731% Assessed CR Tax Rate +0.116811%
Year 2014 Assessed Value $19,293 Land Value $2,195 Improvement Value $17,098 Tax Amount $2,275.65 Change Rate Assessed CR Tax Rate +0.117952%