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705 Reed Ave; Norman, OK Property Details

705 Reed Ave, Norman, OK is a Single Family that was built in 1967. This property is currently a cash purchase and is not for sale. Our records show that 705 Reed Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,190 square feet. The lot size of 705 Reed Ave is 8,276 square feet.

Off market
705 Reed Ave Norman, OK 73071
$200,000 Listing Price
3 Beds
2 Baths
1,190 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1967
  • Purchase Price: $200,000
  • Est. Equity / %: $193,000 / 100%
  • Gross Yield: 9.519%
  • APN: R0038968
  • Situs County: Cleveland
  • Length Of Ownership: 10 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: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,190/SqFt
  • Lot: 8,276/SqFt
  • Gross: 1,770/SqFt
  • Garage: 480/SqFt
  • Living: 1,190/SqFt
  • Building: 1,670/SqFt
  • Ground: 1,190/SqFt
  • Price Per Square Foot: $168.07

Legal Description

  • Description: MORNINGSIDE LOT 2 BLK 7
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: 35.21528 / -97.42858
  • Subdivision: Morningside (Norman)
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 4903
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

705 Reed Ave has 10 associated Taxes items

705 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 $17,589. The APN we've located for 705 Reed Ave is R0038968.

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Taxes
  • Assessed Value:  $17,589
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0038968
  • Assessed Land Value:  4660
  • Market Land Value:  49666
  • Tax Amount:  2110
  • Tax Year:  2025
  • Market Value:  187446
  • Market Year:  2025

Tax History

705 Reed Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,589 Land Value $4,660 Improvement Value $12,929 Tax Amount $2,110 Change Rate +0.052369% Assessed CR Tax Rate +0.119961%
Year 2024 Assessed Value $16,751 Land Value $4,756 Improvement Value $11,995 Tax Amount $2,005 Change Rate +0.046451% Assessed CR Tax Rate +0.119694%
Year 2023 Assessed Value $15,954 Land Value $4,545 Improvement Value $11,409 Tax Amount $1,916 Change Rate +1.65374% Assessed CR Tax Rate +0.120095%
Year 2022 Assessed Value $8,268 Land Value $2,352 Improvement Value $5,916 Tax Amount $722 Change Rate -0.052493% Assessed CR Tax Rate +0.087325%
Year 2021 Assessed Value $8,268 Land Value $1,909 Improvement Value $6,359 Tax Amount $762 Change Rate +0.022819% Assessed CR Tax Rate +0.092163%
Year 2020 Assessed Value $8,268 Land Value $1,909 Improvement Value $6,359 Tax Amount $745 Change Rate -0.01715% Assessed CR Tax Rate +0.090106%
Year 2019 Assessed Value $8,268 Land Value $1,909 Improvement Value $6,359 Tax Amount $758 Change Rate +0.031293% Assessed CR Tax Rate +0.091679%
Year 2018 Assessed Value $8,269 Land Value $1,909 Improvement Value $6,360 Tax Amount $735 Change Rate -0.010767% Assessed CR Tax Rate +0.088886%
Year 2017 Assessed Value $12,993 Land Value Improvement Value Tax Amount $743 Change Rate -0.015894% Assessed CR Tax Rate +0.057185%
Year 2016 Assessed Value $8,269 Land Value $1,909 Improvement Value $6,360 Tax Amount $755 Change Rate +0.031026% Assessed CR Tax Rate +0.091305%
Year 2015 Assessed Value $8,269 Land Value $1,909 Improvement Value $6,360 Tax Amount $732.28 Change Rate -0.009656% Assessed CR Tax Rate +0.088557%
Year 2014 Assessed Value $8,269 Land Value $1,909 Improvement Value $6,360 Tax Amount $739.42 Change Rate Assessed CR Tax Rate +0.089421%