Seller's Agent in 2025
Lauren Durmus
LIME Realty
(405) 230-7976
5 in this area
79 Total Sales
401 12th Ave SE Unit 206 Norman, OK 73071
Southeast Norman Neighborhood
3
Beds
2.5
Baths
1,392
Sq Ft
$316/mo
HOA Fee
Highlights
- Traditional Architecture
- Covered Patio or Porch
- Central Heating and Cooling System
- Norman High School Rated A-
- Zero Lot Line
- Wood Burning Fireplace
About This Home
As of August 2025Fantastic investment opportunity- currently rented at $1350 a month until April 2025. This exceptional condo, located in close proximity to OU campus, offers an unbeatable combination of convenience, comfort, and potential. Unit has ample space for tenants and the layout offers privacy between bedrooms and main areas. As an investment property, this condo offers incredible potential for student housing. Its prime location near the OU campus ensures a steady stream of prospective tenants, providing a reliable source of rental income. Tenants will enjoy the proximity to campus, allowing for quick and easy access. At the same time, the location allows access to all major areas of town without having to pass through campus traffic. Additionally, the surrounding neighborhood offers a vibrant array of shops, restaurants, and entertainment options for tenants. Residents of this community have access to two pools and tennis courts, further enhancing the overall living experience. Don't miss out on this incredible opportunity to own a condo near the OU campus.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $822
Year Built
- Built in 1976
HOA Fees
- $316 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Brick Frame
Interior Spaces
- 1,392 Sq Ft Home
- Multi-Level Property
- Wood Burning Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Kennedy Elementary School
- Irving Middle School
- Norman High School
Additional Features
- Covered Patio or Porch
- Zero Lot Line
- Central Heating and Cooling System
Community Details
- Association fees include gated entry, greenbelt, maintenance common areas, maintenance exterior, pool
- Mandatory home owners association
Listing and Financial Details
- Tax Lot 206
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2025
Closed on
Jul 31, 2025
Sold by
Pc Property Solutions Llc
Bought by
Trophy Point Investment Group Llc
Seller's Agent
Lauren Durmus
LIME Realty
Buyer's Agent
Heidi Everett
Hoppis Real Estate Srvs, Inc
List Price
$105,000
Sold Price
$105,000
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.78%
Original Mortgage
$108,000
Outstanding Balance
$108,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$4,732
Purchase Details
Listed on
Jun 17, 2025
Closed on
Jul 29, 2025
Sold by
Pc Property Solutions Llc
Bought by
Salutaris Llc
Seller's Agent
Lauren Durmus
LIME Realty
Buyer's Agent
Heidi Everett
Hoppis Real Estate Srvs, Inc
List Price
$105,000
Sold Price
$105,000
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$108,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$4,732
Purchase Details
Closed on
Jun 14, 2024
Sold by
Bcm Consulting Llc
Bought by
Pc Property Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 12, 2024
Sold by
Varner Holdings Llc
Bought by
Bcm Consulting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2002
Sold by
Woodruff Dolores A Woodruff D W
Bought by
Hwang Ziayien
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed In Lieu Of Foreclosure | -- | None Listed On Document | |
| Deed In Lieu Of Foreclosure | -- | None Listed On Document | |
| Warranty Deed | $105,000 | First American Title | |
| Warranty Deed | $105,000 | Legacy Title Of Oklahoma | |
| Warranty Deed | $55,000 | Legacy Title | |
| Warranty Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $108,000 | New Conventional | |
| Previous Owner | $95,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $105,000 | -2.8% | $75 / Sq Ft |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | Price Changed | $108,000 | +2.9% | $78 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $105,000 | -- | $75 / Sq Ft |
Source: MLSOK
Tax History Compared to Growth
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 | $822 | $6,867 | $570 | $6,297 |
| 2023 | $786 | $6,540 | $615 | $5,925 |
| 2022 | $718 | $6,228 | $617 | $5,611 |
| 2021 | $756 | $6,228 | $617 | $5,611 |
| 2020 | $740 | $6,228 | $617 | $5,611 |
| 2016 | $751 | $6,229 | $618 | $5,611 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Durmus
-
Heidi Everett
Buyer's Agent in 2025
Heidi Everett
Hoppis Real Estate Srvs, Inc
(405) 808-7289
4 in this area
66 Total Sales
Map
Source: MLSOK
MLS Number: 1176185
APN: R0046858
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Information is deemed reliable but not guaranteed.
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