NOT LISTED FOR SALE

324 Reed Ave Norman, OK 73071

Original Townsite Neighborhood

Estimated Value: $115,000 - $127,000

2 Beds
1 Bath
572 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $89,900 $157 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $762/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Central Heating and Cooling System
  • Jefferson Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2020

Check out this cozy home that has been updated! It is a gem! It is a 2 bed 1 bath home, with brand new HVAC, new tankless water heater, new custom cabinets, new appliances, gorgeously refinished original hard wood floors, granite counters, and new paint throughout. Schedule your showing today.

Last Agent to Sell the Property

Amy Nolen

Spearhead Real Estate, LLC Listed on: 07/12/2020

Last Buyer's Agent

Bruce Livingston

PR Agency, LLC

PR Agency, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1945

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Jefferson Elementary School
  • Longfellow Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 17 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,184

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Legal Addition: Ruckers 1
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Longfellow MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: Yes
  • Year Built: 1945
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Living Areas: 1
  • Total Sq Ft: 572

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: None
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Description: None

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Schools

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

Lot Info

  • Acres: 0.1300
  • Land Sq Ft: 5663
  • Lot Description: Corner

Tax Info

  • Tax Block: 2
  • Tax Lot: 17

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Aug 28, 2020
Sold by
Nolen Investments Llc
Bought by
Rosson Jessica A
Seller's Agent
Amy Nolen
Spearhead Real Estate, LLC
Buyer's Agent
Bruce Livingston
PR Agency, LLC
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$121,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,864
Avg. Annual Appreciation
5.97%
Original Mortgage
$88,271
Outstanding Balance
$79,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$41,109

Purchase Details

Listed on
Jul 12, 2020
Closed on
Aug 21, 2020
Sold by
Nolen Investments Llc
Bought by
Rosson Jessica A
Seller's Agent
Amy Nolen
Spearhead Real Estate, LLC
Buyer's Agent
Bruce Livingston
PR Agency, LLC
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,271
Outstanding Balance
$79,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$41,109
Source: Public Records

Range of Values:

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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
Rosson Jessica A $135,000 American Eagle
Rosson Jessica A $135,000 American Eagle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosson Jessica A $88,271
Closed Rosson Jessica A $88,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $89,900 0.0% $157 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $89,900 -- $157 / 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 $1,184 $10,885 $3,474 $7,411
2023 $1,149 $10,568 $1,800 $8,768
2022 $1,074 $10,318 $1,753 $8,565
2021 $1,095 $10,017 $1,800 $8,217
2020 $414 $3,482 $1,350 $2,132
2019 $332 $2,747 $1,065 $1,682
2018 $306 $2,616 $1,014 $1,602
2017 $177 $3,483 $0 $0
2016 $172 $2,420 $938 $1,482
2015 $158 $2,349 $481 $1,868
2014 $151 $2,281 $467 $1,814
Source: Public Records

Agents Affiliated with this Home

  • Amy Nolen

    Seller's Agent in 2020

    Amy Nolen

    Spearhead Real Estate, LLC

    (405) 509-6515

    127 Total Sales

    Amy Nolen
    Section Image
  • Bruce Livingston

    Buyer's Agent in 2020

    Bruce Livingston

    PR Agency, LLC

    (405) 326-8466

    27 Total Sales

    Bruce Livingston
    Section Image
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Map

Source: MLSOK

MLS Number: 919803

MLSOK

APN: R0043634

Oklahoma Cleveland County Norman 73071 Original Townsite

324 Reed Ave, Norman, OK

This home is located at 324 Reed Ave, Norman, OK 73071 since 12 July 2020 and is currently estimated at $121,764, approximately $212 per square foot. This property was built in 1945. 324 Reed Ave is a home located in Cleveland County with nearby schools including Jefferson Elementary School, Longfellow Middle School, and Norman North High School.

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