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616 Summit Bnd; Norman, OK Property Details

616 Summit Bnd, Norman, OK is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 616 Summit Bnd has 3 bedrooms, and 2 bathrooms, and a total of 2,002 square feet. The lot size of 616 Summit Bnd is 10,019 square feet.

For Rent
616 Summit Bnd Norman, OK 73071
$1,850 Listing Price
3 Beds
2 Baths
2,002 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $221,000
  • Open Loans / Balance: 1 / $46,795
  • Est. Equity / %: $280,205 / 85.69%
  • Gross Yield: 8.349%
  • APN: R0141426
  • Situs County: Cleveland
  • Length Of Ownership: 7 years, 7 months

Rooms

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

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

Measurements

  • Total: 2,002/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,664/SqFt
  • Garage: 662/SqFt
  • Living: 2,002/SqFt
  • Building: 2,664/SqFt
  • Ground: 2,002/SqFt
  • Price Per Square Foot: $110.39

Legal Description

  • Description: SUMMIT LAKES 6 LOT 17 BLOCK 6
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: 35.21163 / -97.39314
  • Subdivision: Summit Lakes 6
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Plus Four: 0608
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $399
  • H O A Amount: $399
  • H O A One Frequency: Annual
  • H O A One Name: Summit Lakes Property Owners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

616 Summit Bnd has no associated ownership info
616 Summit Bnd has no associated ownership info.

Taxes

616 Summit Bnd has 10 associated Taxes items

616 Summit Bnd, 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 $30,453. The APN we've located for 616 Summit Bnd is R0141426.

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Taxes
  • Assessed Value:  $30,453
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0141426
  • Assessed Land Value:  5204
  • Market Land Value:  53058
  • Tax Amount:  3654
  • Tax Year:  2025
  • Market Value:  310445
  • Market Year:  2025

Tax History

616 Summit Bnd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,453 Land Value $5,204 Improvement Value $25,249 Tax Amount $3,654 Change Rate +0.051813% Assessed CR Tax Rate +0.119988%
Year 2024 Assessed Value $29,002 Land Value $4,957 Improvement Value $24,045 Tax Amount $3,474 Change Rate +0.047648% Assessed CR Tax Rate +0.119785%
Year 2023 Assessed Value $27,621 Land Value $5,322 Improvement Value $22,299 Tax Amount $3,316 Change Rate +0.094389% Assessed CR Tax Rate +0.120054%
Year 2022 Assessed Value $26,306 Land Value $5,069 Improvement Value $21,237 Tax Amount $3,030 Change Rate -0.003945% Assessed CR Tax Rate +0.115183%
Year 2021 Assessed Value $25,053 Land Value $4,200 Improvement Value $20,853 Tax Amount $3,042 Change Rate +0.022177% Assessed CR Tax Rate +0.121423%
Year 2020 Assessed Value $25,053 Land Value $4,200 Improvement Value $20,853 Tax Amount $2,976 Change Rate -0.017173% Assessed CR Tax Rate +0.118788%
Year 2019 Assessed Value $25,053 Land Value $4,200 Improvement Value $20,853 Tax Amount $3,028 Change Rate +0.138346% Assessed CR Tax Rate +0.120864%
Year 2018 Assessed Value $23,698 Land Value $4,200 Improvement Value $19,498 Tax Amount $2,660 Change Rate -0.011152% Assessed CR Tax Rate +0.112246%
Year 2017 Assessed Value $23,698 Land Value Improvement Value Tax Amount $2,690 Change Rate -0.016094% Assessed CR Tax Rate +0.113512%
Year 2016 Assessed Value $23,698 Land Value $4,200 Improvement Value $19,498 Tax Amount $2,734 Change Rate +0.012072% Assessed CR Tax Rate +0.115368%
Year 2015 Assessed Value $24,126 Land Value $4,200 Improvement Value $19,926 Tax Amount $2,701.39 Change Rate -0.007758% Assessed CR Tax Rate +0.11197%
Year 2014 Assessed Value $24,082 Land Value $4,192 Improvement Value $19,890 Tax Amount $2,722.51 Change Rate Assessed CR Tax Rate +0.113052%