NOT LISTED FOR SALE

2617 Summit Terrace Dr Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $318,805 - $332,000

3 Beds
2 Baths
1,854 Sq Ft
$176/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $238,000 $128 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,101/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • 3 Car Attached Garage
  • Washington Elementary School Rated A-
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of October 2020

Beautiful, beautiful, beautiful! This 3 bed PLUS study sparkles and shines. Rich wood floors, brand new carpet, fresh paint makes it feel and look like new! Just 5 yrs old, it boasts a gorgeous granite kitchen, gas stove, stainless appliances. The custom wood cabinets just gleam. Master bed is spacious and master bath features an elegantly tiled stand alone shower and jetted tub. Roomy extra bedrooms with darling hall bath between. Yes! there is an inground storm shelter in the good sized 3 car garage. Both the double and single car garage have openers and there is full guttering around the home. Desirable Summit Lakes is an outstanding subdivision with walking trails, 3 or more lakes, playground and sidewalks. Just minutes from the OU campus and every convenience! Don't miss out on this exceptional home!

Last Agent to Sell the Property

Sharon Hightower

McGraw Davisson Stewart LLC Listed on: 09/04/2020

Last Buyer's Agent

Maleah Finucane

KW Summit

KW Summit

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 2014

Lot Details

  • 8,355 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Utility Room with Study Area
  • Laundry Room
  • Inside Utility

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • Association fees include greenbelt, maintenance common areas
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 6 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 2014

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Greenbelt, Maintenance Common Areas
  • Dining Areas: 1
  • Legal Addition: Summit Lakes 8
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System, Smoke Alarm
  • Oven Energy: Gas
  • Property Level: One
  • Range Energy: Gas
  • Roof Year: 2014
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: Garage Floor, Yes
  • Third Party Comments: Yes
  • Year Built: 2014
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
  • Interior Amenities: Ceiling Fan, Laundry Room, Stained Wood, Whirlpool
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Living Areas: 1
  • Other Rooms: Inside Utility, Study
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 1854

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch
  • Fence: Wood, Part
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Cable, Electric, Gas, Public Utilities

Condo/Co-op/Association

  • Association Fee: 325

Schools

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

Lot Info

  • Acres: 0.1918
  • Land Sq Ft: 8355
  • Lot Description: Interior

Tax Info

  • Tax Block: 4
  • Tax Lot: 6

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 13, 2020
Sold by
Christensen John E and Christensen Maxine L
Bought by
Craig Jennilee
Seller's Agent
Sharon Hightower
McGraw Davisson Stewart LLC
Buyer's Agent
Maleah Finucane
KW Summit
List Price
$239,900
Sold Price
$238,000
Premium/Discount to List
-$1,900
-0.79%
Current Estimated Value
$326,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,701
Avg. Annual Appreciation
5.74%
Original Mortgage
$214,000
Outstanding Balance
$192,480
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,746

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 6, 2020
Sold by
Christensen John E and Christensen Maxine L
Bought by
Craig Jennilee
Seller's Agent
Sharon Hightower
McGraw Davisson Stewart LLC
Buyer's Agent
Maleah Finucane
KW Summit
List Price
$239,900
Sold Price
$238,000
Premium/Discount to List
-$1,900
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$192,480
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,746

Purchase Details

Closed on
Jun 19, 2015
Sold by
Skyridge Homes Inc
Bought by
Christensen John E and Christensen Maxine L

Purchase Details

Closed on
Jun 17, 2015
Sold by
Summit Lakes Llc
Bought by
Skyridge Homes Inc

Purchase Details

Closed on
May 2, 2013
Sold by
Summit Lakes Llc
Bought by
Skyridge Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,507
Interest Rate
3.58%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Craig Jennilee $357,000 Stewart-Ok City
Craig Jennilee $357,000 Stewart-Ok City
Christensen John E $219,000 Old Republic Title
Skyridge Homes Inc -- None Available
Skyridge Homes Inc $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Jennilee $214,000
Closed Craig Jennilee $214,000
Previous Owner Skyridge Homes Inc $176,834
Previous Owner Skyridge Homes Inc $176,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $238,000 -0.8% $128 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $239,900 0.0% $129 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $239,900 -- $129 / 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 $3,525 $29,438 $5,139 $24,299
2023 $3,367 $28,036 $5,548 $22,488
2022 $3,075 $26,701 $5,283 $21,418
2021 $3,088 $25,430 $4,200 $21,230
2020 $3,021 $25,430 $4,200 $21,230
2019 $3,073 $25,430 $4,200 $21,230
2018 $2,980 $25,430 $4,200 $21,230
2017 $3,013 $25,430 $0 $0
2016 $3,063 $25,430 $4,200 $21,230
2015 -- $9,990 $371 $9,619
2014 -- $371 $371 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sharon Hightower

    McGraw Davisson Stewart LLC

    Section Image
  • Maleah Finucane

    Buyer's Agent in 2020

    Maleah Finucane

    KW Summit

    (405) 664-3821

    3 in this area

    172 Total Sales

    Maleah Finucane
    Section Image
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Map

Source: MLSOK

MLS Number: 927060

MLSOK

APN: R0166004

Oklahoma Cleveland County Norman 73071 Southeast Norman

2617 Summit Terrace Dr, Norman, OK

This home is located at 2617 Summit Terrace Dr, Norman, OK 73071 since 04 September 2020 and is currently estimated at $326,701, approximately $176 per square foot. This property was built in 2014. 2617 Summit Terrace Dr 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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