NOT LISTED FOR SALE

1320 48th Ave NE Norman, OK 73026

Franklin-Denver Neighborhood

Estimated Value: $509,000 - $906,713

13 Acres
$54,355 Price per Acre
584,140 Sq Ft Lot

Last Sold February 04, 2021

Last sale price $245,000 $117 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $4,499/month

373 Days on Market

Highlights

  • 13.41 Acre Lot
  • Wooded Lot
  • Pasture
  • Washington Elementary School Rated A-
  • Corner Lot

About This Lot

As of February 2021

PRICE DROP!!! 13.41 Beautiful Acres on an Extraordinary Corner Lot w/ Tons of Potential! WARNING: PLEASE DO NOT WAKE THE DEER OR SAMSQUANCH!!! Located on the outskirts of Norman, on the NW corner of 48th & Robinson, this partially-wooded paradise could literally be just about anything you could possibly want it to be! The existing 3 bedroom home, which could easily be a 4 bedroom, would also make a great rehab project, as it just needs to be stripped down, remodeled & updated. Or you could just wipe it clean & start fresh, w/ the perfect site to build your new custom dream home or even an ideal location for your business's new shop building &/or office! Not to mention, it would also make a wonderful home for your horses, llamas, goats, chickens, possibly even emus & camels...& who knows, maybe even a zebra! *BEING SOLD AS-IS.*

Last Agent to Sell the Property

Scott Martin

Spaces Real Estate Listed on: 06/12/2019

Last Buyer's Agent

Heather Rudd

Kalhor Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,191

Lot Details

  • 13.41 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Property is zoned Agriculture

Home Design

  • Composition Roof

Schools

  • Washington Elementary School
  • Irving Middle School
  • Norman High School

Additional Features

  • Pasture
  • Municipal Trash

Property Details

Property Type

Land

Est. Annual Taxes

$10,191

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Property Sub Type: Acreage
  • Equipment Included Yn: No
  • Existing House Yn: Yes
  • Farm Descrption: Pasture
  • House Description: Traditional
  • Legal Addition: Unplatted/Agricultural
  • Mobile Homes Allowed Yn: Yes
  • Road Access: Public
  • Road Maintenance: City
  • School Junior High: Irving MS
  • Section: 23
  • Subdivide Yn: No
  • Third Party Comments: Yes
  • Special Features: None

Exterior Features

  • Road Frontage: City Road
  • Road Surface: Concrete
  • Roof: Composition

Utilities

  • Electric: Public
  • Garbage: Public
  • Gas: Public
  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Washington ES
  • High School: Norman HS

Lot Info

  • Acres: 13.4100
  • Land Sq Ft: 584140
  • Lot Description: Corner, Pasture/Ranch, Wooded
  • Mineral Rights: No
  • Zoning: Agriculture

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jan 4, 2021
Sold by
Mcclellan Bart Patrick
Bought by
Rudd Michael and Rudd Heather
Seller's Agent
Scott Martin
Spaces Real Estate
Buyer's Agent
Heather Rudd
Kalhor Group Realty
List Price
$395,000
Sold Price
$245,000
Premium/Discount to List
-$150,000
-37.97%
Current Estimated Value
$666,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,713
Avg. Annual Appreciation
16.75%
Original Mortgage
$247,490
Interest Rate
2.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rudd Michael $245,000 Cleveland County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudd Michael $590,900
Closed Rudd Michael $135,000
Closed Rudd Michael Jeffrey $580,000
Closed Rudd Michael $40,500
Closed Rudd Michael $507,000
Closed Rudd Michael $247,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $245,000 0.0% $117 / Sq Ft
02/04/2021 02/04/21 Sold $245,000 -6.5% $91 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/19/2020 06/19/20 Pending -- -- --
04/26/2020 04/26/20 Price Changed $262,000 0.0% $97 / Sq Ft
04/26/2020 04/26/20 Price Changed $262,000 -19.1% $125 / Sq Ft
02/03/2020 02/03/20 Price Changed $324,000 0.0% $154 / Sq Ft
02/03/2020 02/03/20 Price Changed $324,000 -9.7% $120 / Sq Ft
07/16/2019 07/16/19 Price Changed $359,000 0.0% $171 / Sq Ft
07/16/2019 07/16/19 Price Changed $359,000 -9.1% $133 / Sq Ft
06/12/2019 06/12/19 For Sale $395,000 0.0% $188 / Sq Ft
04/30/2019 04/30/19 For Sale $395,000 -- $147 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,191 $94,606 $6,801 $87,805
2023 $2,337 $21,730 $7,241 $14,489
2022 $2,335 $21,730 $7,241 $14,489
2021 $2,189 $20,028 $6,673 $13,355
2020 $2,145 $19,444 $6,479 $12,965
2019 $2,103 $18,878 $6,290 $12,588
2018 $1,964 $18,329 $6,108 $12,221
2017 $0 $21,731 $0 $0
2016 -- $17,276 $5,757 $11,519
2015 -- $16,773 $5,589 $11,184
2014 -- $16,285 $5,427 $10,858
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scott Martin

    Spaces Real Estate

    (405) 802-8877

    2 in this area

    20 Total Sales

    Section Image

  • H

    Buyer's Agent in 2021

    Heather Rudd

    Kalhor Group Realty

See All Agents

Map

Source: MLSOK

MLS Number: 870769

MLSOK

APN: R0068381

Oklahoma Cleveland County Norman 73026 Franklin-Denver

1320 48th Ave NE, Norman, OK

This home is located at 1320 48th Ave NE, Norman, OK 73026 since 12 June 2019 and is currently estimated at $728,904, approximately $346 per square foot. 1320 48th Ave NE is a home located in Cleveland County with nearby schools including Washington Elementary School, Irving Middle School, and Norman High School.

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