$141,000 - $150,799
RENTED OCT 30, 2024

1506 Farmington Ave Norman, OK 73072

Southwest Norman Neighborhood
2 Beds
1 Bath
850 Sq Ft
$173 Price per Sq Ft

Last Sold September 21, 2013

Last sale price $84,000 $99 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $925/month

Highlights

  • Interior Lot
  • 1-Story Property
  • Ceiling Fan
  • Norman High School Rated A-

About This Home

As of October 2024

Great rental now available in Norman! Close to I-35 and just minutes away from The University of Oklahoma! Near shopping, retail and amenities. Recently remodeled with new paint, flooring, updated bathroom and light fixtures throughout! Enjoy a large fenced backyard with trees and shade! The house is light and bright and is beautiful inside and outside. One-car garage and laundry hook-ups! One year lease is required. Pets allowed with deposit. Make this your new rental home today!

Last Agent to Rent the Property

Ashley Schubert

Bricks and Branches Realty Listed on: 10/12/2024

Last Renter's Agent

Ashley Schubert

Bricks and Branches Realty Listed on: 10/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1971

Lot Details

  • 6,534 Sq Ft Lot
  • Aluminum or Metal Fence
  • Interior Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Monroe Elementary School
  • Alcott Middle School
  • Norman High School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Lease Terms: Yearly

Listing Details

  • Property Type: Lease
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: Southern Hills
  • Property Level: One
  • School Junior High: Alcott MS
  • Third Party Comments: No
  • Year Built: 1971
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Floors: Laminate
  • Interior Amenities: Ceiling Fan
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 850

Exterior Features

  • Construction: Brick
  • Pool: No
  • Fence: Metal
  • Roof: Composition

Schools

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

Lot Info

  • Land Sq Ft: 6534
  • Lot Description: Interior

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Stallone Properties Llc
Bought by
Schubert Branson L and Schubert Ashley M
Current Estimated Value
$148,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,501
Outstanding Balance
$68,671
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$78,779

Purchase Details

Closed on
Jun 4, 2020
Sold by
Schubert Bronson L and Schubert Ashley M
Bought by
Stallone Properties Llc

Purchase Details

Closed on
May 22, 2020
Sold by
Schubert Bronson L and Schubert Ashley M
Bought by
Stallone Properties Llc

Purchase Details

Closed on
Jun 2, 2017
Sold by
Berry Melissa
Bought by
Schubert Bronson L and Schubert Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,825
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 20, 2013
Sold by
Dillon Robert D and Burnett Dillon Patsy Lee
Bought by
Berry Melissa
Seller's Agent
Barbara Canfield
Weichert Realtors Centennial
Buyer's Agent
Ginger Gilmartin-Smith
Metro Brokers of OK Siano & Co
List Price
$94,000
Sold Price
$84,000
Premium/Discount to List
-$10,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$82,478
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2012
Sold by
Dillon Robert and Burnett Dillon Patsy Lee
Bought by
Dillon Robert D and Burnett Dillon Patsy Lee

Purchase Details

Closed on
Jan 30, 2006
Sold by
Pierce Robert D and Pierce Shirley M
Bought by
Dillon Robert
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
Schubert Branson L -- Chicago Title Oklahoma Co
Stallone Properties Llc -- None Listed On Document
Stallone Properties Llc -- None Listed On Document
Schubert Bronson L $84,500 Old Republic Title
Berry Melissa $84,000 None Available
Dillon Robert D -- None Available
Dillon Robert $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schubert Branson L $74,501
Previous Owner Schubert Bronson L $712,825
Previous Owner Berry Melissa $82,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Rented $1,175 0.0% --
10/12/2024 10/12/24 For Rent $1,175 0.0% --
12/12/2023 12/12/23 Rented $1,175 0.0% --
10/25/2023 10/25/23 Price Changed $1,175 -2.1% $1 / Sq Ft
10/02/2023 10/02/23 For Rent $1,200 0.0% --
09/21/2013 09/21/13 Sold $84,000 -10.6% $99 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $94,000 -- $111 / 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 $1,354 $11,300 $3,189 $8,111
2023 $1,292 $10,762 $3,330 $7,432
2022 $1,178 $10,218 $2,400 $7,818
2021 $1,241 $10,218 $2,400 $7,818
2020 $1,214 $10,218 $2,400 $7,818
2019 $1,234 $10,218 $2,400 $7,818
2018 $1,197 $10,219 $2,400 $7,819
2017 $1,211 $10,219 $0 $0
2016 $1,205 $10,011 $2,351 $7,660
2015 $1,114 $9,534 $1,064 $8,470
2014 $1,125 $9,534 $1,064 $8,470
Source: Public Records

Agents Affiliated with this Home

  • Ashley Schubert

    Landlord's Agent in 2024

    Ashley Schubert

    Bricks and Branches Realty

    (405) 933-1071

    132 Total Sales

    Section Image

  • B

    Seller's Agent in 2013

    Barbara Canfield

    Weichert Realtors Centennial

  • Ginger Gilmartin-Smith

    Buyer's Agent in 2013

    Ginger Gilmartin-Smith

    Metro Brokers of OK Siano & Co

    (405) 570-7692

    1 in this area

    17 Total Sales

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Map

Source: MLSOK

MLS Number: 1139364

MLSOK

APN: R0044852

Oklahoma Cleveland County Norman 73072 Southwest Norman

1506 Farmington Ave, Norman, OK

This home is located at 1506 Farmington Ave, Norman, OK 73072 since 12 October 2024 and is currently priced at $147,450. This property was built in 1971. 1506 Farmington Ave is a home located in Cleveland County with nearby schools including Monroe Elementary School, Alcott Middle School, and Norman High School.

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