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725 Terrace Pl; Norman, OK Property Details

725 Terrace Pl, Norman, OK is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 725 Terrace Pl has 3 bedrooms, and 2.5 bathrooms, and a total of 2,520 square feet. The lot size of 725 Terrace Pl is 9,583 square feet.

Off market
725 Terrace Pl Norman, OK 73069
$298,000 Listing Price
3 Beds
2.5 Baths
2,520 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Purchase Price: $298,000
  • Open Loans / Balance: 2 / $274,834
  • Est. Equity / %: $71,166 / 20.57%
  • Gross Yield: 8.501%
  • APN: R0039632
  • Situs County: Cleveland
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Steel
  • Stories: 2
  • 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: 2,520/SqFt
  • Lot: 9,583/SqFt
  • Gross: 3,120/SqFt
  • Garage: 600/SqFt
  • Living: 2,520/SqFt
  • Building: 3,120/SqFt
  • Ground: 1,260/SqFt
  • Price Per Square Foot: $118.25

Legal Description

  • Description: NORMANDY MANOR LOT 8 BLK 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.20936 / -97.47921
  • Subdivision: Normandy Manor
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: SF

Amenities

  • Plus Four: 5055
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

725 Terrace Pl has no associated ownership info
725 Terrace Pl has no associated ownership info.

Taxes

725 Terrace Pl has 10 associated Taxes items

725 Terrace Pl, 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 $37,122. The APN we've located for 725 Terrace Pl is R0039632.

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Taxes
  • Assessed Value:  $37,122
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0039632
  • Assessed Land Value:  5480
  • Market Land Value:  46296
  • Tax Amount:  4334
  • Tax Year:  2025
  • Market Value:  313569
  • Market Year:  2025

Tax History

725 Terrace Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,122 Land Value $5,480 Improvement Value $31,642 Tax Amount $4,334 Change Rate +0.032642% Assessed CR Tax Rate +0.11675%
Year 2024 Assessed Value $36,040 Land Value $4,018 Improvement Value $32,022 Tax Amount $4,197 Change Rate +0.028172% Assessed CR Tax Rate +0.116454%
Year 2023 Assessed Value $34,991 Land Value $4,016 Improvement Value $30,975 Tax Amount $4,082 Change Rate +0.074776% Assessed CR Tax Rate +0.116659%
Year 2022 Assessed Value $33,972 Land Value $2,400 Improvement Value $31,572 Tax Amount $3,798 Change Rate +0.440819% Assessed CR Tax Rate +0.111798%
Year 2021 Assessed Value $21,711 Land Value $2,400 Improvement Value $19,311 Tax Amount $2,636 Change Rate +0.071109% Assessed CR Tax Rate +0.121413%
Year 2020 Assessed Value $21,711 Land Value $2,400 Improvement Value $19,311 Tax Amount $2,461 Change Rate +0.032299% Assessed CR Tax Rate +0.113353%
Year 2019 Assessed Value $19,736 Land Value $2,181 Improvement Value $17,555 Tax Amount $2,384 Change Rate +0.143405% Assessed CR Tax Rate +0.120794%
Year 2018 Assessed Value $18,797 Land Value $2,400 Improvement Value $16,397 Tax Amount $2,085 Change Rate -0.01138% Assessed CR Tax Rate +0.110922%
Year 2017 Assessed Value $18,797 Land Value Improvement Value Tax Amount $2,109 Change Rate -0.015866% Assessed CR Tax Rate +0.112199%
Year 2016 Assessed Value $18,797 Land Value $2,400 Improvement Value $16,397 Tax Amount $2,143 Change Rate +0.024437% Assessed CR Tax Rate +0.114008%
Year 2015 Assessed Value $18,909 Land Value $1,253 Improvement Value $17,656 Tax Amount $2,091.88 Change Rate -0.009667% Assessed CR Tax Rate +0.110629%
Year 2014 Assessed Value $18,909 Land Value $1,253 Improvement Value $17,656 Tax Amount $2,112.3 Change Rate Assessed CR Tax Rate +0.111709%