Taxes
- Assessed Value: $44,616
- Assessed Year: 2025
- Assessed County: Cleveland
- APN: R0189300
- Assessed Land Value: 6600
- Market Land Value: 55000
- Tax Amount: 2080
- Tax Year: 2024
- Market Value: 371800
- Market Year: 2025
516 Summit Point Ln; Norman, OK Property Details
Off market
516 Summit Point Ln Norman, OK 73071
$379,900 Listing Price
4 Beds
2.5 Baths
2,283 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2022
- Purchase Price: $380,000
- Open Loans / Balance: 1 / $307,500
- Est. Equity / %: $89,500 / 22.54%
- Gross Yield: 8.01%
- APN: R0189300
- Situs County: Cleveland
- Length Of Ownership: 2 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Partial Bathrooms: 1
Structure
- Building Style: Steel
- Stories: 1
- Exterior Wall Type: Combination
- Building Condition: Average
- Roof Type: Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 2,283/SqFt
- Lot: 8,320/SqFt
- Price Per Square Foot: $166.45
Legal Description
- Description: SUMMIT LAKES 11 LT 2 BLK 1
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: 35.21281 / -97.405624
- Subdivision: Summit Lakes Sec. 11
- Property Class: Residential
- County Use Code: SF
Amenities
- Plus Four: 0624
- Cooling: Central
- Heating: Central
HOA
- H O A One: $399
- H O A Two: $33
- H O A Amount: $432
- H O A One Frequency: Annual
- H O A Two Frequency: Monthly
- H O A One Name: Summit Lakes Property Owners Assoc
- H O A One Type: Home Owner Association
- H O A Two Name: Summit Lakes Property Owners Association
- H O A Two Type: Home Owner Association
Ownership Info
516 Summit Point Ln has no associated ownership info
516 Summit Point Ln has no associated ownership info.
Taxes
516 Summit Point Ln has 10 associated Taxes items
516 Summit Point Ln, 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 $44,616. The APN we've located for 516 Summit Point Ln is R0189300.
Unlock the full reportTax History
516 Summit Point Ln has 5 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $44,616 | Land Value $6,600 | Improvement Value $38,016 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,080 | Change Rate +0.047331% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $16,538 | Land Value $598 | Improvement Value $15,940 | Tax Amount $1,986 | Change Rate +27.37143% | Assessed CR | Tax Rate +0.120087% |
| Year 2022 | Assessed Value $598 | Land Value $598 | Improvement Value | Tax Amount $70 | Change Rate -0.041096% | Assessed CR | Tax Rate +0.117057% |
| Year 2021 | Assessed Value $598 | Land Value $598 | Improvement Value | Tax Amount $73 | Change Rate | Assessed CR | Tax Rate +0.122074% |