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506 S Lahoma Ave; Norman, OK Property Details

506 S Lahoma Ave, Norman, OK is a Single Family that was built in 1942. This property is currently Financed and is not for sale. Our records show that 506 S Lahoma Ave has 5 bedrooms, and 3.5 bathrooms, and a total of 3,064 square feet. The lot size of 506 S Lahoma Ave is 13,504 square feet.

Off market
506 S Lahoma Ave Norman, OK 73069
$558,000 Listing Price
5 Beds
3.5 Baths
3,064 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1942
  • Purchase Price: $558,000
  • Open Loans / Balance: 2 / $1,341,495
  • Est. Equity / %: $-586,495 / -77.68%
  • Gross Yield: 10.523%
  • APN: R0043420
  • Situs County: Cleveland
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Steel
  • Stories: 2
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Gable
  • Pool Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 3,064/SqFt
  • Lot: 13,504/SqFt
  • Gross: 3,064/SqFt
  • Living: 3,064/SqFt
  • Building: 3,064/SqFt
  • Ground: 1,596/SqFt
  • Price Per Square Foot: $182.11

Legal Description

  • Description: ROSS S/2 LOT 10 AND ALL LOT 11 BLK 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: 35.212822 / -97.45201
  • Subdivision: Rosss
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Pool: true
  • Plus Four: 5526
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

506 S Lahoma Ave has no associated ownership info
506 S Lahoma Ave has no associated ownership info.

Taxes

506 S Lahoma Ave has 10 associated Taxes items

506 S Lahoma Ave, 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 $92,813. The APN we've located for 506 S Lahoma Ave is R0043420.

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Taxes
  • Assessed Value:  $92,813
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0043420
  • Assessed Land Value:  9625
  • Market Land Value:  80212
  • Tax Amount:  11137
  • Tax Year:  2025
  • Market Value:  773449
  • Market Year:  2025

Tax History

506 S Lahoma Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,813 Land Value $9,625 Improvement Value $83,188 Tax Amount $11,137 Change Rate +0.391951% Assessed CR Tax Rate +0.119994%
Year 2024 Assessed Value $66,793 Land Value $9,304 Improvement Value $57,489 Tax Amount $8,001 Change Rate +0.028671% Assessed CR Tax Rate +0.119788%
Year 2023 Assessed Value $64,774 Land Value $5,400 Improvement Value $59,374 Tax Amount $7,778 Change Rate +0.042767% Assessed CR Tax Rate +0.120079%
Year 2022 Assessed Value $64,774 Land Value $5,400 Improvement Value $59,374 Tax Amount $7,459 Change Rate +0.175016% Assessed CR Tax Rate +0.115154%
Year 2021 Assessed Value $52,293 Land Value $5,400 Improvement Value $46,893 Tax Amount $6,348 Change Rate +0.021893% Assessed CR Tax Rate +0.121393%
Year 2020 Assessed Value $52,293 Land Value $5,400 Improvement Value $46,893 Tax Amount $6,212 Change Rate -0.016777% Assessed CR Tax Rate +0.118792%
Year 2019 Assessed Value $52,293 Land Value $5,400 Improvement Value $46,893 Tax Amount $6,318 Change Rate +0.031173% Assessed CR Tax Rate +0.120819%
Year 2018 Assessed Value $52,293 Land Value $5,400 Improvement Value $46,893 Tax Amount $6,127 Change Rate -0.011136% Assessed CR Tax Rate +0.117167%
Year 2017 Assessed Value $52,293 Land Value Improvement Value Tax Amount $6,196 Change Rate -0.016039% Assessed CR Tax Rate +0.118486%
Year 2016 Assessed Value $52,293 Land Value $5,400 Improvement Value $46,893 Tax Amount $6,297 Change Rate +0.929382% Assessed CR Tax Rate +0.120418%
Year 2015 Assessed Value $28,941 Land Value $3,261 Improvement Value $25,680 Tax Amount $3,263.74 Change Rate Assessed CR Tax Rate +0.112772%
Year 2014 Assessed Value $28,097 Land Value $3,992 Improvement Value $24,105 Tax Amount Change Rate Assessed CR Tax Rate