NOT LISTED FOR SALE

312 Summit Way Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $346,000 - $370,000

4 Beds
3 Baths
2,383 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $245,000 $103 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,139/month

158 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 3 Car Attached Garage
  • Washington Elementary School Rated A-
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of March 2016

GREAT floorplan! This home has 2 living areas, 2 dining areas, 3 bed+ OFFICE, 3 baths, storm shelter, granite counters, high ceilings, crown molding, large closets throughout, large master bedroom suite, large covered patio. Corner lot with great proximity to community lake and walking trail. Come tour today!

Last Agent to Sell the Property

Mariah Kalhor

Kalhor Group Realty Listed on: 08/20/2015

Last Buyer's Agent

Rachel Zelby

CENTURY 21 Judge Fite Company

CENTURY 21 Judge Fite Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.25

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,383 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Corner Lot

Community Details

  • Association fees include maintenance
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 1 / 7

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$19 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance
  • Legal Addition: Summit Lakes 6
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift
  • Oven Energy: Electric
  • Property Level: One
  • Range Energy: Electric
  • Special Zoning District Yn: No
  • Storm Shelter: Garage Floor
  • Third Party Comments: Yes
  • Year Built: 2007
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Laundry Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2383

Exterior Features

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

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 230

Lot Info

  • Lot Description: Corner

Tax Info

  • Tax Block: 7
  • Tax Lot: 1

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Feb 16, 2016
Sold by
Rawlins Boyd R and Rawlins Joanna
Bought by
Mershon William W and Mershon Pattie J
Seller's Agent
Mariah Kalhor
Kalhor Realty
Buyer's Agent
Rachel Zelby
CENTURY 21 Judge Fite Company
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Current Estimated Value
$357,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,031
Avg. Annual Appreciation
3.90%
Original Mortgage
$165,000
Outstanding Balance
$130,934
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$226,097

Purchase Details

Closed on
Nov 30, 2012
Sold by
Huebsch Milton and Huebsch Kathryn
Bought by
Rawlins Boyd R and Rawlins Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Brown Joshua Stephen and Brown Sara Jane
Bought by
Huebsch Milton E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Diamond Homes Inc
Bought by
Brown Joshua Stephen and Brown Sara Jane

Purchase Details

Closed on
Oct 2, 2007
Sold by
Summit Lakes Llc
Bought by
Summit Lakes Llc

Purchase Details

Closed on
Mar 24, 2005
Sold by
Summit Lakes Llc
Bought by
Colony Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mershon William W $245,000 None Available
Rawlins Boyd R $244,000 None Available
Huebsch Milton E $240,000 None Available
Brown Joshua Stephen $237,500 None Available
Diamond Homes Inc -- None Available
Summit Lakes Llc -- None Available
Colony Homes Inc $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mershon William W $165,000
Previous Owner Rawlins Boyd R $195,200
Previous Owner Huebsch Milton E $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2016 03/03/16 Sold $245,000 -5.7% $103 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
08/20/2015 08/20/15 For Sale $259,900 -- $109 / 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 $3,062 $26,564 $4,117 $22,447
2023 $3,070 $26,564 $4,668 $21,896
2022 $2,945 $26,564 $4,663 $21,901
2021 $3,103 $26,564 $4,200 $22,364
2020 $3,037 $26,564 $4,200 $22,364
2019 $3,088 $26,564 $4,200 $22,364
2018 $2,996 $26,565 $4,200 $22,365
2017 $3,030 $26,565 $0 $0
2016 $3,079 $26,565 $4,200 $22,365
2015 -- $27,051 $4,200 $22,851
2014 -- $27,051 $4,200 $22,851
Source: Public Records

Agents Affiliated with this Home

  • Mariah Kalhor

    Seller's Agent in 2016

    Mariah Kalhor

    Kalhor Group Realty

    (405) 308-0109

    71 in this area

    656 Total Sales

    Mariah Kalhor
    Section Image

  • R

    Buyer's Agent in 2016

    Rachel Zelby

    CENTURY 21 Judge Fite Company

    Section Image
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Map

Source: MLSOK

MLS Number: 701329

MLSOK

APN: R0141431

Oklahoma Cleveland County Norman 73071 Southeast Norman

312 Summit Way, Norman, OK

Not Listed for Sale

Detached

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