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505 Meadow Park Dr; Norman, OK Property Details

505 Meadow Park Dr, Norman, OK is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 505 Meadow Park Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,516 square feet. The lot size of 505 Meadow Park Dr is 6,534 square feet.

Off market
505 Meadow Park Dr Norman, OK 73069
$122,000 Listing Price
3 Beds
2 Baths
1,516 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1954
  • Purchase Price: $122,000
  • Open Loans / Balance: 1 / $18,573
  • Est. Equity / %: $217,427 / 92.13%
  • Gross Yield: 7.912%
  • APN: R0038597
  • Situs County: Cleveland
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,516/SqFt
  • Lot: 6,534/SqFt
  • Gross: 1,824/SqFt
  • Garage: 308/SqFt
  • Living: 1,516/SqFt
  • Building: 1,824/SqFt
  • Ground: 1,516/SqFt
  • Price Per Square Foot: $80.47

Legal Description

  • Description: MEADOW PARK 1 LOT 5 BLK 4
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: 35.213795 / -97.46616
  • Subdivision: Meadow Park 1
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 5326
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

505 Meadow Park Dr has no associated ownership info
505 Meadow Park Dr has no associated ownership info.

Taxes

505 Meadow Park Dr has 10 associated Taxes items

505 Meadow Park 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 $16,947. The APN we've located for 505 Meadow Park Dr is R0038597.

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Taxes
  • Assessed Value:  $16,947
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0038597
  • Assessed Land Value:  5104
  • Market Land Value:  59501
  • Tax Amount:  2034
  • Tax Year:  2025
  • Market Value:  197545
  • Market Year:  2025

Tax History

505 Meadow Park Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,947 Land Value $5,104 Improvement Value $11,843 Tax Amount $2,034 Change Rate +0.05225% Assessed CR Tax Rate +0.120021%
Year 2024 Assessed Value $16,140 Land Value $4,011 Improvement Value $12,129 Tax Amount $1,933 Change Rate +0.058019% Assessed CR Tax Rate +0.119765%
Year 2023 Assessed Value $15,208 Land Value $3,472 Improvement Value $11,736 Tax Amount $1,827 Change Rate +0.094667% Assessed CR Tax Rate +0.120134%
Year 2022 Assessed Value $14,484 Land Value $2,400 Improvement Value $12,084 Tax Amount $1,669 Change Rate -0.050626% Assessed CR Tax Rate +0.115231%
Year 2021 Assessed Value $14,484 Land Value $2,400 Improvement Value $12,084 Tax Amount $1,758 Change Rate +0.022093% Assessed CR Tax Rate +0.121375%
Year 2020 Assessed Value $14,484 Land Value $2,400 Improvement Value $12,084 Tax Amount $1,720 Change Rate -0.017143% Assessed CR Tax Rate +0.118752%
Year 2019 Assessed Value $14,484 Land Value $2,400 Improvement Value $12,084 Tax Amount $1,750 Change Rate +0.031232% Assessed CR Tax Rate +0.120823%
Year 2018 Assessed Value $14,485 Land Value $2,400 Improvement Value $12,085 Tax Amount $1,697 Change Rate -0.010496% Assessed CR Tax Rate +0.117156%
Year 2017 Assessed Value $14,485 Land Value Improvement Value Tax Amount $1,715 Change Rate +0.016598% Assessed CR Tax Rate +0.118398%
Year 2016 Assessed Value $14,012 Land Value $2,322 Improvement Value $11,690 Tax Amount $1,687 Change Rate Assessed CR Tax Rate +0.120397%
Year 2015 Assessed Value $13,344 Land Value $1,800 Improvement Value $11,544 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,482 Land Value $950 Improvement Value $12,532 Tax Amount Change Rate Assessed CR Tax Rate