NOT LISTED FOR SALE

2905 Summit Terrace Dr Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $316,952 - $354,000

3 Beds
2 Baths
1,915 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $218,200 $114 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,151/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Covered Patio or Porch
  • Washington Elementary School Rated A-
  • 1 Fireplace
  • Interior Lot

About This Home

As of December 2015

Another Quality Home in Summit Lakes! This new home is complete with plenty of amenities. Stainless steel appliances, crown molding, jetted tub and granite counters. Three bedrooms plus office and lots of extras.

Last Agent to Sell the Property

Mahnaz Saadat-Partou

Dillard Cies Real Estate Listed on: 09/21/2015

Dillard Cies Real Estate

Last Buyer's Agent

Rachel Zelby

CENTURY 21 Judge Fite Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 8,190 Sq Ft Lot
  • Interior Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Carport
  • Driveway

Home Design

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

Interior Spaces

  • 1,915 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Utility Room with Study Area
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

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 5 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,526

Year Built

Built in 2014 | 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
  • Property Level: One
  • Range Energy: Gas
  • Section: 34
  • Stories: 1.0000
  • Year Built: 2014
  • Year Built Type: Under Construction
  • Special Features: NewHome

Interior Features

  • Floors: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Whirlpool
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Living Areas: 2
  • Other Rooms: Inside Utility, Study
  • Range Type: Free Stand
  • Total Sq Ft: 1915

Exterior Features

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

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Carport
  • 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: 0.1800
  • Land Sq Ft: 8190
  • Lot Description: Interior

Green Features

  • Energy: Double Glazed Windows

Tax Info

  • Tax Block: 3
  • Tax Lot: 5

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Dec 2, 2015
Sold by
Legacy Homes Construction Llc
Bought by
Gundersen Bjorn
Seller's Agent
Mahnaz Saadat-Partou
Dillard Cies Real Estate
Buyer's Agent
Rachel Zelby
CENTURY 21 Judge Fite Company
List Price
$218,200
Sold Price
$218,200
Current Estimated Value
$336,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,038
Avg. Annual Appreciation
4.10%
Original Mortgage
$218,200
Outstanding Balance
$174,937
Interest Rate
3.88%
Mortgage Type
VA
Estimated Equity
$147,825

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 30, 2015
Sold by
Summit Lakes Llc
Bought by
Legacy Homes Construction Llc
Seller's Agent
Mahnaz Saadat-Partou
Dillard Cies Real Estate
Buyer's Agent
Rachel Zelby
CENTURY 21 Judge Fite Company
List Price
$218,200
Sold Price
$218,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,200
Outstanding Balance
$174,937
Interest Rate
3.88%
Mortgage Type
VA
Estimated Equity
$147,825

Purchase Details

Closed on
Jun 3, 2014
Sold by
Summit Lakes Llc
Bought by
Legacy Homes Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
4.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2013
Sold by
Summit Lakes Llc
Bought by
Legacy Homes Construction Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gundersen Bjorn $218,500 Cleveland County Abstract Co
Legacy Homes Construction Llc -- None Available
Legacy Homes Construction Llc $10,000 None Available
Legacy Homes Construction Llc $29,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gundersen Bjorn $218,200
Closed Gundersen Bjorn $218,200
Previous Owner Legacy Homes Construction Llc $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $218,200 0.0% $114 / Sq Ft
12/02/2015 12/02/15 Sold $218,200 0.0% $114 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
10/16/2015 10/16/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $218,200 0.0% $114 / Sq Ft
09/22/2014 09/22/14 For Sale $218,200 -- $114 / 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 $3,526 $29,442 $5,010 $24,432
2023 $3,367 $28,040 $5,406 $22,634
2022 $3,076 $26,705 $5,149 $21,556
2021 $3,088 $25,433 $4,200 $21,233
2020 $3,021 $25,433 $4,200 $21,233
2019 $3,073 $25,433 $4,200 $21,233
2018 $2,980 $25,433 $4,200 $21,233
2017 $3,013 $25,433 $0 $0
2016 $3,063 $25,433 $4,200 $21,233
2015 -- $371 $371 $0
2014 -- $371 $371 $0
Source: Public Records

Agents Affiliated with this Home

  • Mahnaz Saadat-Partou

    Seller's Agent in 2015

    Mahnaz Saadat-Partou

    Dillard Cies Real Estate

    (405) 979-7462

    53 in this area

    62 Total Sales

    Mahnaz Saadat-Partou
    Section Image

  • R

    Buyer's Agent in 2015

    Rachel Zelby

    CENTURY 21 Judge Fite Company

    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 282680A

MLSOK

APN: R0165992

Oklahoma Cleveland County Norman 73071 Southeast Norman

2905 Summit Terrace Dr, Norman, OK

This home is located at 2905 Summit Terrace Dr, Norman, OK 73071 since 21 September 2015 and is currently estimated at $336,238, approximately $175 per square foot. This property was built in 2014. 2905 Summit Terrace Dr is a home located in Cleveland County with nearby schools including Washington Elementary School, Irving Middle School, and Norman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSOK IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market.
Copyright 2025 MLSOK, Inc. All rights reserved.

Nearby Homes