Large Location Icon

5518 Lilac Ln; Norman, OK Property Details

5518 Lilac Ln, Norman, OK is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 5518 Lilac Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,946 square feet. The lot size of 5518 Lilac Ln is 85,378 square feet.

Off market
5518 Lilac Ln Norman, OK 73026
$262,500 Listing Price
3 Beds
2.5 Baths
2,946 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $262,500
  • Est. Equity / %: $467,000 / 100%
  • Gross Yield: 7.927%
  • APN: R0036263
  • Situs County: Cleveland
  • Length Of Ownership: 17 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

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: None
  • Water Source: None

Measurements

  • Total: 2,946/SqFt
  • Lot: 85,378/SqFt
  • Gross: 3,762/SqFt
  • Garage: 816/SqFt
  • Living: 2,946/SqFt
  • Building: 3,762/SqFt
  • Ground: 2,946/SqFt
  • Price Per Square Foot: $89.10

Legal Description

  • Description: HOWARD BIG OAK SEC 2 LOT 9 BLK 5
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: 35.211662 / -97.35969
  • Subdivision: Howard Big Oak
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 0822
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Monthly
  • H O A One Name: Howard Big Oaks 2
  • H O A One Type: Home Owner Association

Ownership Info

5518 Lilac Ln has no associated ownership info
5518 Lilac Ln has no associated ownership info.

Taxes

5518 Lilac Ln has 10 associated Taxes items

5518 Lilac 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 $33,980. The APN we've located for 5518 Lilac Ln is R0036263.

Unlock the full report
Taxes
  • Assessed Value:  $33,980
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0036263
  • Assessed Land Value:  7107
  • Market Land Value:  86461
  • Tax Amount:  3959
  • Tax Year:  2025
  • Market Value:  413361
  • Market Year:  2025

Tax History

5518 Lilac Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,980 Land Value $7,107 Improvement Value $26,873 Tax Amount $3,959 Change Rate +0.033412% Assessed CR Tax Rate +0.11651%
Year 2024 Assessed Value $32,990 Land Value $5,519 Improvement Value $27,471 Tax Amount $3,831 Change Rate +0.027904% Assessed CR Tax Rate +0.116126%
Year 2023 Assessed Value $32,029 Land Value $3,600 Improvement Value $28,429 Tax Amount $3,727 Change Rate +0.042809% Assessed CR Tax Rate +0.116363%
Year 2022 Assessed Value $32,029 Land Value $3,600 Improvement Value $28,429 Tax Amount $3,574 Change Rate -0.051234% Assessed CR Tax Rate +0.111586%
Year 2021 Assessed Value $32,029 Land Value $3,600 Improvement Value $28,429 Tax Amount $3,767 Change Rate +0.021975% Assessed CR Tax Rate +0.117612%
Year 2020 Assessed Value $32,029 Land Value $3,600 Improvement Value $28,429 Tax Amount $3,686 Change Rate -0.016804% Assessed CR Tax Rate +0.115083%
Year 2019 Assessed Value $32,029 Land Value $3,600 Improvement Value $28,429 Tax Amount $3,749 Change Rate +0.031078% Assessed CR Tax Rate +0.11705%
Year 2018 Assessed Value $32,030 Land Value $3,600 Improvement Value $28,430 Tax Amount $3,636 Change Rate -0.01115% Assessed CR Tax Rate +0.113519%
Year 2017 Assessed Value $32,030 Land Value Improvement Value Tax Amount $3,677 Change Rate -0.046668% Assessed CR Tax Rate +0.114799%
Year 2016 Assessed Value $32,030 Land Value $3,600 Improvement Value $28,430 Tax Amount $3,857 Change Rate +0.030892% Assessed CR Tax Rate +0.120418%
Year 2015 Assessed Value $32,030 Land Value $3,600 Improvement Value $28,430 Tax Amount $3,741.42 Change Rate -0.009664% Assessed CR Tax Rate +0.11681%
Year 2014 Assessed Value $32,030 Land Value $3,600 Improvement Value $28,430 Tax Amount $3,777.93 Change Rate Assessed CR Tax Rate +0.11795%