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524 Terrace Pl; Norman, OK Property Details

524 Terrace Pl, Norman, OK is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 524 Terrace Pl has 4 bedrooms, and 2.5 bathrooms, and a total of 2,304 square feet. The lot size of 524 Terrace Pl is 13,504 square feet.

Off market
524 Terrace Pl Norman, OK 73069
$209,000 Listing Price
4 Beds
2.5 Baths
2,304 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $209,000
  • Open Loans / Balance: 2 / $196,742
  • Est. Equity / %: $129,258 / 39.65%
  • Gross Yield: 8.267%
  • APN: R0039757
  • Situs County: Cleveland
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Steel
  • Stories: 2
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,304/SqFt
  • Lot: 13,504/SqFt
  • Gross: 2,832/SqFt
  • Garage: 528/SqFt
  • Living: 2,304/SqFt
  • Building: 2,832/SqFt
  • Ground: 1,520/SqFt
  • Price Per Square Foot: $90.71

Legal Description

  • Description: NORMANDY PARK LOT 24 LESS W 10 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: 35.21187 / -97.478874
  • Subdivision: Normandy Park
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 5066
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

524 Terrace Pl has no associated ownership info
524 Terrace Pl has no associated ownership info.

Taxes

524 Terrace Pl has 10 associated Taxes items

524 Terrace Pl, 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 $27,026. The APN we've located for 524 Terrace Pl is R0039757.

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Taxes
  • Assessed Value:  $27,026
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0039757
  • Assessed Land Value:  5449
  • Market Land Value:  52384
  • Tax Amount:  3243
  • Tax Year:  2025
  • Market Value:  259786
  • Market Year:  2025

Tax History

524 Terrace Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,026 Land Value $5,449 Improvement Value $21,577 Tax Amount $3,243 Change Rate +0.051898% Assessed CR Tax Rate +0.119996%
Year 2024 Assessed Value $25,739 Land Value $3,806 Improvement Value $21,933 Tax Amount $3,083 Change Rate +0.047571% Assessed CR Tax Rate +0.119779%
Year 2023 Assessed Value $24,513 Land Value $3,620 Improvement Value $20,893 Tax Amount $2,943 Change Rate +0.094459% Assessed CR Tax Rate +0.120059%
Year 2022 Assessed Value $23,346 Land Value $2,400 Improvement Value $20,946 Tax Amount $2,689 Change Rate +0.990377% Assessed CR Tax Rate +0.11518%
Year 2021 Assessed Value $12,126 Land Value $1,708 Improvement Value $10,418 Tax Amount $1,351 Change Rate +0.021936% Assessed CR Tax Rate +0.111413%
Year 2020 Assessed Value $12,126 Land Value $1,708 Improvement Value $10,418 Tax Amount $1,322 Change Rate -0.0171% Assessed CR Tax Rate +0.109022%
Year 2019 Assessed Value $12,126 Land Value $1,708 Improvement Value $10,418 Tax Amount $1,345 Change Rate +0.031442% Assessed CR Tax Rate +0.110919%
Year 2018 Assessed Value $12,126 Land Value $1,708 Improvement Value $10,418 Tax Amount $1,304 Change Rate -0.010622% Assessed CR Tax Rate +0.107538%
Year 2017 Assessed Value $17,035 Land Value Improvement Value Tax Amount $1,318 Change Rate -0.016418% Assessed CR Tax Rate +0.07737%
Year 2016 Assessed Value $12,126 Land Value $1,708 Improvement Value $10,418 Tax Amount $1,340 Change Rate +0.031055% Assessed CR Tax Rate +0.110506%
Year 2015 Assessed Value $12,126 Land Value $1,425 Improvement Value $10,701 Tax Amount $1,299.64 Change Rate -0.00967% Assessed CR Tax Rate +0.107178%
Year 2014 Assessed Value $12,126 Land Value $1,425 Improvement Value $10,701 Tax Amount $1,312.33 Change Rate Assessed CR Tax Rate +0.108224%