NOT LISTED FOR SALE

2709 Summit Terrace Dr Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $299,789 - $317,000

4 Beds
2 Baths
1,801 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $240,000 $133 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,986/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Interior Lot
  • Washington Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2021

MULTIPLE OFFERS RECEIVED. Please have your clients submit highest and best offer with first offer. All offers are due Friday, April 16th at 4 pm. Seller will review and have a decision at 5 pm on 4/16.

Welcome home to 2709 Summit Terrace Drive. Located in Summit Lakes, a beautiful neighborhood in East Norman, this 4 bedroom, 2 bath home has it all. The open floor plan is perfect for entertaining. The home has been meticulously maintained and has beautiful granite countertops, stone fireplace and lots of storage. Summit Lakes offers ponds, walking trails and parks. Don’t wait, this one won’t last long! Please note, refrigerator, washer and dryer can stay with property with acceptable offer. Please write that in offer if desired.

Last Agent to Sell the Property

Allison Moore

Modern Abode Realty Listed on: 04/14/2021

Modern Abode Realty

Co-Listed By

Keasha Hobbs

Modern Abode Realty

Last Buyer's Agent

Janice Judisch

Brick and Beam Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 2014

Lot Details

  • 8,830 Sq Ft Lot
  • Wood Fence
  • Interior Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,801 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 2 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,414

Year Built

Built in 2014

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance Common Areas
  • Dining Areas: 1
  • Inlaw Plan Yn: No
  • Legal Addition: Summit Lakes 8
  • Mandatory Association Dues Yn: Yes
  • Property Level: One
  • Roof Year: 2014
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 2014
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Gas Logs
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Living Areas: 1
  • Total Sq Ft: 1801

Exterior Features

  • Construction: Brick, Brick & Frame
  • Pool: No
  • Exterior Features: Covered Patio
  • Fence: Wood, All
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 2
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Condo/Co-op/Association

  • Association Fee: 365

Schools

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

Lot Info

  • Acres: 0.2027
  • Land Sq Ft: 8830
  • Lot Description: Interior

Tax Info

  • Tax Block: 4
  • Tax Lot: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 17, 2021
Sold by
Kim Jasho and Chon Bo Ra
Bought by
Mair Dave C and Jobe Karen D
Seller's Agent
Allison Moore
Modern Abode Realty
Buyer's Agent
Janice Judisch
Brick and Beam Realty
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Current Estimated Value
$306,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,793
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
Jan 3, 2018
Closed on
Feb 1, 2018
Sold by
Cumble Leighana S and Cumble Colin E
Bought by
Kim Jaecho and Chon So Ra
Seller's Agent
Tara Levinson
LRE Realty LLC
Buyer's Agent
Keith Gasaway
Metro Brokers of Oklahoma
List Price
$209,900
Sold Price
$207,900
Premium/Discount to List
-$2,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$157,900
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
First Oklahoma Constuction Inc
Bought by
Cumbie Leighanna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,655
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2015
Sold by
Summit Lakes Llc
Bought by
First Oklahoma Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,655
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2014
Sold by
Summit Lakes Llc
Bought by
First Oklahoma Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
4.55%
Mortgage Type
Construction
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
Mair Dave C -- Chicago Title Oklahoma Co
Mair Dave C $240,000 Chicago Title Oklahoma Co
Kim Jaecho $208,000 None Available
Cumbie Leighanna S $205,000 Cleveland Cnty Abstract Co
First Oklahoma Construction Inc -- None Available
First Oklahoma Construction Inc $25,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jaecho $157,900
Previous Owner Cumbie Leighanna S $194,655
Previous Owner First Oklahoma Construction Inc $161,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $240,000 +4.3% $133 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $230,000 +10.6% $128 / Sq Ft
02/02/2018 02/02/18 Sold $207,900 -1.0% $115 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $209,900 -- $117 / 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 $3,414 $29,504 $5,575 $23,929
2023 $3,320 $28,645 $6,136 $22,509
2022 $3,300 $28,645 $6,136 $22,509
2021 $2,652 $22,852 $4,200 $18,652
2020 $2,597 $22,852 $4,200 $18,652
2019 $2,639 $22,852 $4,200 $18,652
2018 $2,677 $22,852 $4,200 $18,652
2017 $2,708 $22,852 $0 $0
2016 $2,752 $22,852 $4,200 $18,652
2015 -- $9,603 $371 $9,232
2014 -- $371 $371 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Moore

    Seller's Agent in 2021

    Allison Moore

    Modern Abode Realty

    (405) 513-1107

    2 in this area

    56 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Keasha Hobbs

    Modern Abode Realty

    Section Image

  • J

    Buyer's Agent in 2021

    Janice Judisch

    Brick and Beam Realty

    (405) 618-8080

    11 in this area

    161 Total Sales

    Section Image
  • Tara Levinson

    Seller's Agent in 2018

    Tara Levinson

    LRE Realty LLC

    (405) 532-6969

    32 in this area

    2,975 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Keith Gasaway

    Metro Brokers of Oklahoma

    (405) 627-9511

    3 in this area

    13 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 951997

MLSOK

APN: R0166000

Oklahoma Cleveland County Norman 73071 Southeast Norman

2709 Summit Terrace Dr, Norman, OK

This home is located at 2709 Summit Terrace Dr, Norman, OK 73071 since 14 April 2021 and is currently estimated at $306,697, approximately $170 per square foot. This property was built in 2014. 2709 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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