NOT LISTED FOR SALE

305 Summit Way Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $342,000 - $424,000

3 Beds
3 Baths
2,571 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 305 Summit Way, Norman, OK 73071 and is currently estimated at $383,981, approximately $149 per square foot. 305 Summit Way is a home located in Cleveland County with nearby schools including Washington Elementary School, Irving Middle School, and Norman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Phillips Margaret Levin and Estate Of Lural David Perry
Bought by
Jones Gordon L and Holland Janet Jean
Current Estimated Value
$383,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,201
Outstanding Balance
$178,308
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$208,856

Purchase Details

Closed on
Sep 5, 2008
Sold by
Sheridan Llc
Bought by
Jones Jayme G and Jones Traci Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,675
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2008
Sold by
Summit Lakes Llc
Bought by
Sheridan Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,675
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Summit Lakes Llc
Bought by
Sheridan Corp

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.

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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.

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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.

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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.

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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
Jones Gordon L $135,000 Cleveland County Abstract
Jones Jayme G $276,500 Alliance Title Services
Sheridan Corp -- Alliance Title
Sheridan Corp $38,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Jayme G $75,000
Open Jones Gordon L $208,201
Previous Owner Jones Jayme G $258,300
Previous Owner Jones Jayme G $265,500
Previous Owner Jones Jayme G $262,675
Source: Public Records

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 $4,103 $34,257 $4,781 $29,476
2023 $3,918 $32,625 $5,146 $27,479
2022 $3,578 $31,072 $4,895 $26,177
2021 $3,593 $29,592 $4,800 $24,792
2020 $3,515 $29,592 $4,800 $24,792
2019 $3,576 $29,592 $4,800 $24,792
2018 $3,469 $29,593 $4,800 $24,793
2017 $3,506 $29,593 $0 $0
2016 $3,564 $29,593 $4,800 $24,793
2015 $3,488 $29,856 $4,800 $25,056
2014 $3,584 $30,384 $4,800 $25,584
Source: Public Records

Map

Oklahoma Cleveland County Norman 73071 Southeast Norman

305 Summit Way, Norman, OK

Homes for Sale in Norman, OK

This home is located at 305 Summit Way, Norman, OK 73071 and is currently estimated at $383,981, approximately $149 per square foot. 305 Summit Way 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.

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