NOT LISTED FOR SALE

318 N Peters Ave Norman, OK 73069

First Courthouse Neighborhood

Estimated Value: $300,000 - $348,000

4 Beds
1.5 Baths
1,661 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $229,000 $138 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,997/month

93 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Inside Utility
  • Norman North High School Rated A
  • Interior Lot
  • 4-minute walk to Andrews Park

About This Home

As of July 2020

YOU ARE GOING TO FALL IN LOVE WITH THIS CHARMING BUNGALOW! Located within walking or biking of Downtown. Huge front sitting porch. Cute breakfast area. Home has been updated, but still has all the charm of the 1920's. Huge dining room for great entertaining. Bathrooms and Kitchen has been updated. Inside utility room. Covered back porch. You will enjoy all the natural light from the abundance of windows. You can walk to the local schools. Easy bike ride to the University. Close to coffee shops, Art Walk and downtown eateries. The 3 wardrobes can stay, along with the buffet. Roof was replaced in 2012, and Heat and Air replaced in 2014. 4th bedroom makes a great study or den. Large master bedroom that fits a king size bed. Original wood floors.

Last Agent to Sell the Property

Tracey Veal

Metro Brokers Progressive Listed on: 03/23/2020

Last Buyer's Agent

Tom McAuliffe

Dillard Cies Real Estate

Dillard Cies Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Combination Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,661 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Inside Utility
  • Washer and Dryer
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Wilson Elementary School
  • Longfellow Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block PRT 0f 17-21 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,192

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Legal Addition: Norman Original Town
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Smoke Alarm
  • Oven Energy: Electric
  • Property Faces: East
  • Property Level: One
  • Range Energy: Gas
  • Roof Year: 2012
  • School Junior High: Longfellow MS
  • Special Zoning District Yn: No
  • Storm Shelter: Below Ground, Yes
  • Third Party Comments: No
  • Year Built: 1920
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Other, Tile, Wood
  • Fireplace Description: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Interior Amenities: Paint Woodwork, Window Treatment
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Areas: 1
  • Other Rooms: Inside Utility
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 1661

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Covered Porch, Open Patio, Outbuildings, Porch
  • Fence: Wood, Part
  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Description: None
  • Parking: Gravel Drive

Utilities

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

Schools

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

Lot Info

  • Acres: 0.1800
  • Land Sq Ft: 7841
  • Lot Description: Interior

Tax Info

  • Tax Block: 3
  • Tax Lot: PRT 0f 17-21

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 5, 2020
Sold by
Rasmussen Edie M
Bought by
Loffland Michael J
Seller's Agent
Tracey Veal
Metro Brokers Progressive
Buyer's Agent
Tom McAuliffe
Dillard Cies Real Estate
List Price
$235,000
Sold Price
$229,000
Premium/Discount to List
-$6,000
-2.55%
Current Estimated Value
$317,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,805
Avg. Annual Appreciation
5.28%
Original Mortgage
$217,550
Outstanding Balance
$195,469
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$101,796

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 17, 2020
Sold by
Rasmussen Edie M
Bought by
Loffland Michael J
Seller's Agent
Tracey Veal
Metro Brokers Progressive
Buyer's Agent
Tom McAuliffe
Dillard Cies Real Estate
List Price
$235,000
Sold Price
$229,000
Premium/Discount to List
-$6,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Outstanding Balance
$195,469
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$101,796

Purchase Details

Closed on
May 12, 2009
Sold by
Rasmussen Sue Dean
Bought by
Rasmusen Edie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,299
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2007
Sold by
O U Federal Credit Union
Bought by
Rasmussen Sue Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Rachal Randy J
Bought by
Ou Federal Credit Union

Purchase Details

Closed on
May 13, 2002
Sold by
Gruenwald Kimberly Sue Gruenwald David
Bought by
Rachal Randy J
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
Loffland Michael J $343,500 Cleveland County Abstract
Loffland Michael J $343,500 Cleveland County Abstract
Rasmusen Edie M $89,500 None Available
Rasmussen Sue Dean $90,000 None Available
Ou Federal Credit Union -- None Available
Rachal Randy J $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loffland Michael J $217,550
Closed Loffland Michael J $217,550
Previous Owner Rasmusen Edie M $68,299
Previous Owner Rasmussen Sue Dean $72,000
Previous Owner Rasmussen Sue Dean $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $229,000 0.0% $138 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $229,000 -2.6% $138 / Sq Ft
03/23/2020 03/23/20 For Sale $235,000 -- $141 / 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 $3,192 $26,649 $4,652 $21,997
2023 $3,048 $25,380 $1,200 $24,180
2022 $2,923 $25,380 $1,200 $24,180
2021 $3,082 $25,380 $1,200 $24,180
2020 $1,236 $11,400 $539 $10,861
2019 $1,216 $11,068 $1,200 $9,868
2018 $1,180 $11,069 $1,200 $9,869
2017 $1,192 $11,069 $0 $0
2016 $1,212 $11,069 $1,200 $9,869
2015 $1,163 $10,961 $1,092 $9,869
2014 $1,175 $10,961 $1,092 $9,869
Source: Public Records

Agents Affiliated with this Home

  • Tracey Veal

    Seller's Agent in 2020

    Tracey Veal

    Metro Brokers Progressive

    (405) 833-5475

    5 in this area

    93 Total Sales

    Tracey Veal
    Section Image
  • Tom McAuliffe

    Buyer's Agent in 2020

    Tom McAuliffe

    Dillard Cies Real Estate

    (405) 550-1929

    2 in this area

    101 Total Sales

    Tom McAuliffe
    Section Image
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Map

Source: MLSOK

MLS Number: 905281

MLSOK

APN: R0023668

Oklahoma Cleveland County Norman 73069 First Courthouse

318 N Peters Ave, Norman, OK

This home is located at 318 N Peters Ave, Norman, OK 73069 since 23 March 2020 and is currently estimated at $317,805, approximately $191 per square foot. This property was built in 1920. 318 N Peters Ave is a home located in Cleveland County with nearby schools including Wilson Elementary School, Longfellow Middle School, and Norman North High School.

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