NOT LISTED FOR SALE

2801 Summit Terrace Dr Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $275,000 - $300,000

3 Beds
2 Baths
1,649 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $186,320 $113 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,802/month

316 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 March 2014

Quality construction by American Standard Homes. Beautiful 3 bedrooms home with lots of extras including granite, crown molding, jetted tub, stainless steel appliances and more!

Last Agent to Sell the Property

Mahnaz Saadat-Partou

Dillard Cies Real Estate Listed on: 04/08/2013

Dillard Cies Real Estate

Last Buyer's Agent

Tony Graham

Weichert Realtors Centennial

Weichert Realtors Centennial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 7,440 Sq Ft Lot
  • Interior Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Inside Utility

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • 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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include maintenance
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 11 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,680

Year Built

Built in 2013 | Under Construction

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance
  • Legal Addition: Summit Lakes 8
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Security System, Smoke Alarm
  • Property Level: One
  • Range Energy: Gas
  • Section: 34
  • Stories: 1.0000
  • Year Built: 2013
  • Year Built Type: Under Construction
  • Special Features: NewHome

Interior Features

  • Floors: Carpet, Tile
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Whirlpool, Ceiling Fan
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Living Areas: 1
  • Other Rooms: Inside Utility
  • Range Type: Free Stand
  • Total Sq Ft: 1649

Exterior Features

  • Construction: Brick
  • Exterior Features: Covered Patio, Covered Porch
  • Fenced: No
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300

Lot Info

  • Acres: 0.1700
  • Land Sq Ft: 7440
  • Lot Description: Interior

Green Features

  • Energy: Double Glazed Windows

Tax Info

  • Tax Block: 3
  • Tax Lot: 11

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Mar 26, 2014
Sold by
American Standard Homes Llc
Bought by
Williams Lloyd Alexander
Seller's Agent
Mahnaz Saadat-Partou
Dillard Cies Real Estate
Buyer's Agent
Tony Graham
Weichert Realtors Centennial
List Price
$178,092
Sold Price
$186,320
Premium/Discount to List
$8,228
4.62%
Current Estimated Value
$285,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,878
Avg. Annual Appreciation
3.50%
Original Mortgage
$55,000
Outstanding Balance
$42,384
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$233,614

Purchase Details

Closed on
Mar 20, 2013
Sold by
Summit Lakes Llc
Bought by
American Standard Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.62%
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
Williams Lloyd Alexander $186,500 None Available
American Standard Homes Llc -- None Available
American Standard Homes Llc $28,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Lloyd Alexander $55,000
Previous Owner American Standard Homes Llc $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $186,320 +4.6% $113 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
04/08/2013 04/08/13 For Sale $178,092 -- $108 / 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 $2,680 $23,380 $4,839 $18,541
2023 $2,606 $22,699 $5,380 $17,319
2022 $2,422 $22,038 $5,217 $16,821
2021 $2,477 $21,396 $4,200 $17,196
2020 $2,423 $21,396 $4,200 $17,196
2019 $2,466 $21,396 $4,200 $17,196
2018 $2,390 $21,397 $4,200 $17,197
2017 $2,416 $21,397 $0 $0
2016 $2,458 $21,397 $4,200 $17,197
2015 -- $21,572 $4,200 $17,372
2014 -- $8,715 $371 $8,344
Source: Public Records

Agents Affiliated with this Home

  • Mahnaz Saadat-Partou

    Seller's Agent in 2014

    Mahnaz Saadat-Partou

    Dillard Cies Real Estate

    (405) 979-7462

    53 in this area

    62 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Tony Graham

    Weichert Realtors Centennial

    (405) 740-2034

    10 in this area

    59 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 263010A

MLSOK

APN: R0165998

Oklahoma Cleveland County Norman 73071 Southeast Norman

2801 Summit Terrace Dr, Norman, OK

This home is located at 2801 Summit Terrace Dr, Norman, OK 73071 since 08 April 2013 and is currently estimated at $285,277, approximately $173 per square foot. This property was built in 2013. 2801 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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