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550 S Lahoma Ave; Norman, OK Property Details

550 S Lahoma Ave, Norman, OK is a Single Family that was built in 1922. This property is currently Financed and is not for sale. Our records show that 550 S Lahoma Ave has 3 bedrooms, and 2 bathrooms, and a total of 4,185 square feet. The lot size of 550 S Lahoma Ave is 9,583 square feet.

Off market
550 S Lahoma Ave Norman, OK 73069
$43,692 Estimated Value
3 Beds
2 Baths
4,185 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1922
  • Purchase Price: $288,000
  • Open Loans / Balance: 1 / $139,822
  • Est. Equity / %: $560,178 / 80.03%
  • Gross Yield: 9.264%
  • APN: R0043426
  • Situs County: Cleveland
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 4,185/SqFt
  • Lot: 9,583/SqFt
  • Gross: 4,355/SqFt
  • Garage: 216/SqFt
  • Living: 4,185/SqFt
  • Basement: 1,460/SqFt
  • Building: 4,185/SqFt
  • Ground: 1,623/SqFt
  • Basement Finished: 285/SqFt
  • Basement Unfinished: 1,175/SqFt
  • Price Per Square Foot: $68.82

Legal Description

  • Description: ROSS E130 OF S/2 LOT 21 AND E130 OF LOT 22 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: 35.21133 / -97.45185
  • Subdivision: Rosss
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 5526
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

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

Taxes

550 S Lahoma Ave has 10 associated Taxes items

550 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 $43,692. The APN we've located for 550 S Lahoma Ave is R0043426.

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Taxes
  • Assessed Value:  $43,692
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0043426
  • Assessed Land Value:  5422
  • Market Land Value:  75928
  • Tax Amount:  5124
  • Tax Year:  2025
  • Market Value:  611820
  • Market Year:  2025

Tax History

550 S Lahoma Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $43,692 Land Value $5,422 Improvement Value $38,270 Tax Amount $5,124 Change Rate +0.032648% Assessed CR Tax Rate +0.117275%
Year 2024 Assessed Value $42,420 Land Value $5,735 Improvement Value $36,685 Tax Amount $4,962 Change Rate +0.028394% Assessed CR Tax Rate +0.116973%
Year 2023 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,825 Change Rate +0.042792% Assessed CR Tax Rate +0.117157%
Year 2022 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,627 Change Rate -0.051456% Assessed CR Tax Rate +0.112349%
Year 2021 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,878 Change Rate +0.021785% Assessed CR Tax Rate +0.118444%
Year 2020 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,774 Change Rate -0.016684% Assessed CR Tax Rate +0.115919%
Year 2019 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,855 Change Rate +0.031223% Assessed CR Tax Rate +0.117886%
Year 2018 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,708 Change Rate -0.011132% Assessed CR Tax Rate +0.114316%
Year 2017 Assessed Value $41,184 Land Value Improvement Value Tax Amount $4,761 Change Rate -0.016119% Assessed CR Tax Rate +0.115603%
Year 2016 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,839 Change Rate +0.030901% Assessed CR Tax Rate +0.117497%
Year 2015 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,693.95 Change Rate -0.009665% Assessed CR Tax Rate +0.113975%
Year 2014 Assessed Value $41,184 Land Value $4,800 Improvement Value $36,384 Tax Amount $4,739.76 Change Rate Assessed CR Tax Rate +0.115087%