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505 Laws Dr; Norman, OK Property Details

505 Laws Dr, Norman, OK is a Single Family that was built in 1994. This property is not for sale. Our records show that 505 Laws Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,942 square feet. The lot size of 505 Laws Dr is 8,276 square feet.

Off market
505 Laws Dr Norman, OK 73072
$25,510 Estimated Value
4 Beds
2 Baths
1,942 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Est. Equity / %: $310,000 / 100%
  • Gross Yield: 7.866%
  • APN: R0027685
  • Situs County: Cleveland

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

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: 1,942/SqFt
  • Lot: 8,276/SqFt
  • Gross: 2,383/SqFt
  • Garage: 441/SqFt
  • Living: 1,942/SqFt
  • Building: 2,383/SqFt
  • Ground: 1,942/SqFt

Legal Description

  • Description: CAMBRIDGE III LOT 2 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: 35.223854 / -97.51947
  • 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

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

Taxes

505 Laws Dr has 10 associated Taxes items

505 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 $25,510. The APN we've located for 505 Laws Dr is R0027685.

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Taxes
  • Assessed Value:  $25,510
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0027685
  • Assessed Land Value:  5972
  • Market Land Value:  65441
  • Tax Amount:  2940
  • Tax Year:  2025
  • Market Value:  279532
  • Market Year:  2025

Tax History

505 Laws Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,510 Land Value $5,972 Improvement Value $19,538 Tax Amount $2,940 Change Rate +0.033029% Assessed CR Tax Rate +0.115249%
Year 2024 Assessed Value $24,767 Land Value $4,703 Improvement Value $20,064 Tax Amount $2,846 Change Rate +0.028551% Assessed CR Tax Rate +0.114911%
Year 2023 Assessed Value $24,045 Land Value $4,796 Improvement Value $19,249 Tax Amount $2,767 Change Rate +0.075398% Assessed CR Tax Rate +0.115076%
Year 2022 Assessed Value $23,345 Land Value $4,205 Improvement Value $19,140 Tax Amount $2,573 Change Rate -0.021673% Assessed CR Tax Rate +0.110216%
Year 2021 Assessed Value $22,665 Land Value $4,426 Improvement Value $18,239 Tax Amount $2,630 Change Rate +0.054108% Assessed CR Tax Rate +0.116038%
Year 2020 Assessed Value $22,005 Land Value $3,600 Improvement Value $18,405 Tax Amount $2,495 Change Rate -0.011881% Assessed CR Tax Rate +0.113383%
Year 2019 Assessed Value $21,904 Land Value $3,583 Improvement Value $18,321 Tax Amount $2,525 Change Rate +0.063158% Assessed CR Tax Rate +0.115276%
Year 2018 Assessed Value $21,267 Land Value $3,479 Improvement Value $17,788 Tax Amount $2,375 Change Rate +0.020627% Assessed CR Tax Rate +0.111675%
Year 2017 Assessed Value $22,005 Land Value Improvement Value Tax Amount $2,327 Change Rate +0.014385% Assessed CR Tax Rate +0.105749%
Year 2016 Assessed Value $20,046 Land Value $3,279 Improvement Value $16,767 Tax Amount $2,294 Change Rate +0.063726% Assessed CR Tax Rate +0.114437%
Year 2015 Assessed Value $19,462 Land Value $3,416 Improvement Value $16,046 Tax Amount $2,156.57 Change Rate +0.021698% Assessed CR Tax Rate +0.110809%
Year 2014 Assessed Value $18,895 Land Value $1,986 Improvement Value $16,909 Tax Amount $2,110.77 Change Rate Assessed CR Tax Rate +0.111711%