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640 Reed Ave; Norman, OK Property Details

640 Reed Ave, Norman, OK is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 640 Reed Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,251 square feet. The lot size of 640 Reed Ave is 8,712 square feet.

Off market
640 Reed Ave Norman, OK 73071
$90,000 Listing Price
3 Beds
2 Baths
1,251 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $90,000
  • Open Loans / Balance: 1 / $49,624
  • Est. Equity / %: $155,376 / 75.79%
  • Gross Yield: 8.271%
  • APN: R0038947
  • Situs County: Cleveland
  • Length Of Ownership: 12 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

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: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,251/SqFt
  • Lot: 8,712/SqFt
  • Gross: 1,751/SqFt
  • Garage: 500/SqFt
  • Living: 1,251/SqFt
  • Building: 1,751/SqFt
  • Ground: 1,251/SqFt
  • Price Per Square Foot: $71.94

Legal Description

  • Description: MORNINGSIDE E140 LOT 6 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: 35.216354 / -97.4291
  • Subdivision: Morningside (Norman)
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 4902
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

640 Reed Ave has no associated ownership info
640 Reed Ave has no associated ownership info.

Taxes

640 Reed Ave has 10 associated Taxes items

640 Reed 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 $15,678. The APN we've located for 640 Reed Ave is R0038947.

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Taxes
  • Assessed Value:  $15,678
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0038947
  • Assessed Land Value:  3968
  • Market Land Value:  49984
  • Tax Amount:  1881
  • Tax Year:  2025
  • Market Value:  197456
  • Market Year:  2025

Tax History

640 Reed Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,678 Land Value $3,968 Improvement Value $11,710 Tax Amount $1,881 Change Rate +0.052602% Assessed CR Tax Rate +0.119977%
Year 2024 Assessed Value $14,932 Land Value $4,057 Improvement Value $10,875 Tax Amount $1,787 Change Rate +0.046866% Assessed CR Tax Rate +0.119676%
Year 2023 Assessed Value $14,221 Land Value $4,043 Improvement Value $10,178 Tax Amount $1,707 Change Rate +0.094933% Assessed CR Tax Rate +0.120034%
Year 2022 Assessed Value $13,544 Land Value $3,855 Improvement Value $9,689 Tax Amount $1,559 Change Rate -0.005105% Assessed CR Tax Rate +0.115106%
Year 2021 Assessed Value $12,899 Land Value $3,000 Improvement Value $9,899 Tax Amount $1,567 Change Rate +0.022179% Assessed CR Tax Rate +0.121482%
Year 2020 Assessed Value $12,899 Land Value $3,000 Improvement Value $9,899 Tax Amount $1,533 Change Rate -0.016677% Assessed CR Tax Rate +0.118846%
Year 2019 Assessed Value $12,899 Land Value $3,000 Improvement Value $9,899 Tax Amount $1,559 Change Rate +0.031085% Assessed CR Tax Rate +0.120862%
Year 2018 Assessed Value $12,899 Land Value $3,000 Improvement Value $9,899 Tax Amount $1,512 Change Rate -0.011118% Assessed CR Tax Rate +0.117218%
Year 2017 Assessed Value $12,899 Land Value Improvement Value Tax Amount $1,529 Change Rate -0.016088% Assessed CR Tax Rate +0.118536%
Year 2016 Assessed Value $12,899 Land Value $3,000 Improvement Value $9,899 Tax Amount $1,554 Change Rate +0.031359% Assessed CR Tax Rate +0.120474%
Year 2015 Assessed Value $12,899 Land Value $3,000 Improvement Value $9,899 Tax Amount $1,506.75 Change Rate +0.039776% Assessed CR Tax Rate +0.116811%
Year 2014 Assessed Value $12,286 Land Value $2,857 Improvement Value $9,429 Tax Amount $1,449.11 Change Rate Assessed CR Tax Rate +0.117948%