2505 48th Ave NE Norman, OK 73026
Franklin-Denver Neighborhood
4
Beds
9
Baths
12,869
Sq Ft
16.82
Acres
Highlights
- Sauna
- 16.82 Acre Lot
- Lake, Pond or Stream
- Eisenhower Elementary School Rated A-
- Community Lake
- Traditional Architecture
About This Home
As of August 2025Discover an extraordinary estate in Norman, offering unparalleled luxury and tranquility. This 12,800 sq. ft. architectural masterpiece is nestled on 16.8 private acres, featuring a gated entrance, access to a 12-acre stocked pond, and breathtaking natural surroundings. Step inside to experience three levels of sophisticated living, where elegance meets comfort. The grand living room is a showstopper, complete with a serene koi pond, soaring ceilings, and an inviting ambiance. With four fireplaces, this home exudes warmth and charm. The gourmet kitchen and expansive dining areas make entertaining effortless, while the Saltillo-tiled game room, upstairs loft, and spacious office provide versatile living spaces. Retreat to the primary suite, a luxurious haven with spa-like amenities. Each of the four bedrooms offers en-suite convenience, complemented by an additional four half baths. Relax in the private sauna, enjoy the convenience of a large laundry room, and host guests in the separate guest quarters. The three-car garage provides ample space for vehicles and storage. Whether you're enjoying the tranquil pond views, exploring the vast acreage, or unwinding by one of the fireplaces, this estate is a rare find. Plus, the seller is offering $250,000 in concessions toward upgrade costs, making this an incredible opportunity to customize and enhance this exceptional property. Schedule your private tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,270
Year Built
- Built in 1984
Lot Details
- 16.82 Acre Lot
- South Facing Home
- Cross Fenced
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Additional Parking
Home Design
- Traditional Architecture
- Tri-Level Property
- Slab Foundation
- Brick Frame
- Metal Roof
Interior Spaces
- 12,869 Sq Ft Home
- Woodwork
- Ceiling Fan
- 4 Fireplaces
- Wood Burning Fireplace
- Home Office
- Loft
- Game Room
- Sauna
- Home Security System
- Laundry Room
- Basement
Kitchen
- Built-In Oven
- Electric Oven
- Built-In Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Cedar Closet
Outdoor Features
- Lake, Pond or Stream
- Covered Patio or Porch
Schools
- Eisenhower Elementary School
- Irving Middle School
- Norman North High School
Farming
- Pasture
Utilities
- Central Heating and Cooling System
- Power Generator
- Water Heater
Community Details
- Community Lake
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2025
Closed on
Aug 19, 2025
Sold by
Skm1336 Llc
Bought by
Hope Center 48 Llc
Seller's Agent
Tara Levinson
LRE Realty LLC
Buyer's Agent
Wayne Kirby
The Agency
List Price
$2,250,000
Sold Price
$1,625,000
Premium/Discount to List
-$625,000
-27.78%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-66.78%
Purchase Details
Listed on
Nov 13, 2024
Closed on
Jan 13, 2025
Sold by
Briggs Donald Allen and Donald Allen Briggs Jr Family Trust
Bought by
Thousand Hills Holdings Llc
Seller's Agent
Wenona Jones
Chinowth & Cohen
Buyer's Agent
Melissa Langerman
LRE Realty LLC
List Price
$7,200,000
Sold Price
$1,250,000
Premium/Discount to List
-$5,950,000
-82.64%
Views
160
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.45%
Original Mortgage
$185,063
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2024
Sold by
Briggs Judy Ellen
Bought by
Trayer Denise Lorraine
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,625,000 | Old Republic Title | |
| Warranty Deed | $1,625,000 | Old Republic Title | |
| Warranty Deed | $560,500 | Old Republic Title | |
| Warranty Deed | $560,500 | Old Republic Title | |
| Warranty Deed | $1,010,000 | Old Republic Title | |
| Warranty Deed | $1,010,000 | Old Republic Title | |
| Warranty Deed | $1,074,500 | Old Republic Title | |
| Warranty Deed | $1,074,500 | Old Republic Title | |
| Warranty Deed | $237,500 | Old Republic Title | |
| Warranty Deed | $237,500 | Old Republic Title | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $185,063 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | $1,625,000 | -27.8% | $126 / Sq Ft |
| 08/12/2025 08/12/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | For Sale | $2,250,000 | +80.0% | $175 / Sq Ft |
| 01/24/2025 01/24/25 | Sold | $1,250,000 | -50.0% | $97 / Sq Ft |
| 12/07/2024 12/07/24 | Pending | -- | -- | -- |
| 11/24/2024 11/24/24 | Price Changed | $2,500,500 | -79.7% | $194 / Sq Ft |
| 11/24/2024 11/24/24 | Price Changed | $12,345,678 | +1234467.8% | $959 / Sq Ft |
| 11/14/2024 11/14/24 | Price Changed | $1,000 | -100.0% | $0 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $7,200,000 | -- | $559 / Sq Ft |
Source: MLSOK
Tax History Compared to Growth
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 | $18,270 | $169,625 | $3,394 | $166,231 |
| 2023 | $17,712 | $164,685 | $4,871 | $159,814 |
| 2022 | $17,182 | $159,888 | $4,529 | $155,359 |
| 2021 | $16,966 | $155,231 | $4,564 | $150,667 |
| 2020 | $16,624 | $150,710 | $4,320 | $146,390 |
| 2019 | $16,297 | $146,320 | $4,029 | $142,291 |
| 2018 | $15,221 | $142,058 | $3,298 | $138,760 |
| 2017 | $14,805 | $194,494 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Levinson
Seller's Agent in 2025
Tara Levinson
LRE Realty LLC
(405) 532-6969
3 in this area
2,972 Total Sales
-
Wenona Jones
Seller's Agent in 2025
Wenona Jones
Chinowth & Cohen
(405) 816-2844
2 in this area
44 Total Sales
-
Wayne Kirby
Buyer's Agent in 2025
Wayne Kirby
The Agency
(405) 550-5252
1 in this area
98 Total Sales
-
Melissa Langerman
M
Buyer's Agent in 2025
Melissa Langerman
LRE Realty LLC
(405) 202-1377
1 in this area
2 Total Sales
Map
Source: MLSOK
MLS Number: 1178746
APN: R0068243
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