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516 Laws Dr; Norman, OK Property Details

516 Laws Dr, Norman, OK is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 516 Laws Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,755 square feet. The lot size of 516 Laws Dr is 10,890 square feet.

Off market
516 Laws Dr Norman, OK 73072
$22,664 Estimated Value
3 Beds
2 Baths
1,755 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1993
  • Purchase Price: $155,000
  • Open Loans / Balance: 2 / $117,968
  • Est. Equity / %: $184,032 / 60.94%
  • Gross Yield: 7.387%
  • APN: R0027676
  • Situs County: Cleveland
  • Length Of Ownership: 16 years, 8 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: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,755/SqFt
  • Lot: 10,890/SqFt
  • Gross: 2,196/SqFt
  • Garage: 441/SqFt
  • Living: 1,755/SqFt
  • Building: 2,196/SqFt
  • Ground: 1,755/SqFt
  • Price Per Square Foot: $88.32

Legal Description

  • Description: CAMBRIDGE III PRT LOT 23 BEG SW/C LT 23 N62 E162.72 S62 W162 POB BLK 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.224396 / -97.52004
  • Subdivision: Cambridge 3
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 3852
  • 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

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

Taxes

516 Laws Dr has 10 associated Taxes items

516 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 $22,664. The APN we've located for 516 Laws Dr is R0027676.

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Taxes
  • Assessed Value:  $22,664
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0027676
  • Assessed Land Value:  5691
  • Market Land Value:  66247
  • Tax Amount:  2600
  • Tax Year:  2025
  • Market Value:  263820
  • Market Year:  2025

Tax History

516 Laws Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,664 Land Value $5,691 Improvement Value $16,973 Tax Amount $2,600 Change Rate +0.033386% Assessed CR Tax Rate +0.114719%
Year 2024 Assessed Value $22,004 Land Value $4,644 Improvement Value $17,360 Tax Amount $2,516 Change Rate +0.029039% Assessed CR Tax Rate +0.114343%
Year 2023 Assessed Value $21,363 Land Value $4,731 Improvement Value $16,632 Tax Amount $2,445 Change Rate +0.075671% Assessed CR Tax Rate +0.11445%
Year 2022 Assessed Value $20,741 Land Value $4,081 Improvement Value $16,660 Tax Amount $2,273 Change Rate -0.021945% Assessed CR Tax Rate +0.10959%
Year 2021 Assessed Value $20,137 Land Value $4,289 Improvement Value $15,848 Tax Amount $2,324 Change Rate +0.054925% Assessed CR Tax Rate +0.115409%
Year 2020 Assessed Value $19,551 Land Value $3,600 Improvement Value $15,951 Tax Amount $2,203 Change Rate -0.016957% Assessed CR Tax Rate +0.11268%
Year 2019 Assessed Value $19,551 Land Value $3,600 Improvement Value $15,951 Tax Amount $2,241 Change Rate +0.031293% Assessed CR Tax Rate +0.114623%
Year 2018 Assessed Value $19,551 Land Value $3,600 Improvement Value $15,951 Tax Amount $2,173 Change Rate -0.002296% Assessed CR Tax Rate +0.111145%
Year 2017 Assessed Value $19,551 Land Value Improvement Value Tax Amount $2,178 Change Rate +0.015385% Assessed CR Tax Rate +0.111401%
Year 2016 Assessed Value $18,814 Land Value $3,464 Improvement Value $15,350 Tax Amount $2,145 Change Rate +0.063555% Assessed CR Tax Rate +0.114011%
Year 2015 Assessed Value $18,266 Land Value $3,600 Improvement Value $14,666 Tax Amount $2,016.82 Change Rate -0.001767% Assessed CR Tax Rate +0.110414%
Year 2014 Assessed Value $18,129 Land Value $2,557 Improvement Value $15,572 Tax Amount $2,020.39 Change Rate Assessed CR Tax Rate +0.111445%