NOT LISTED FOR SALE

408 Summit Bend Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $336,638 - $373,000

4 Beds
2.5 Baths
2,291 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $199,900 $87 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,907/month

68 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • 3 Car Attached Garage
  • Washington Elementary School Rated A-
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of March 2012

Unique and spacious in SE Norman! Corp REO home w/potential for immed equity! Lving & formal off entry, spacious kitchen w/cabinets galore! 1/2 bath & laundry w/mud sink by garage entry! Master suite w/patio access, 2 closets, jetted tub, oversized shower & patio access! 3 beds upstairs w/jack & jill bath, 2 walk-in closets, 3 attic access points & walk-out over garage! A little loving may equal a lot of equity! Take a virtual tour for more pics!

Last Agent to Sell the Property

Chris Eubanks

Whittington Realty Listed on: 11/16/2011

Whittington Realty

Last Buyer's Agent

Jeanna Davis

KG Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Dallas Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,291 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Metal Fireplace
  • Window Treatments
  • Inside Utility

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Association fees include maintenance
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 22 / 3

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Dallas, Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance
  • Legal Addition: Summit Lakes Sec 6
  • Mandatory Association Dues Yn: Yes
  • Oven Energy: Electric
  • Property Faces: East
  • Property Level: Two
  • Range Energy: Gas
  • Section: 34
  • Third Party Comments: No
  • Year Built: 2005
  • Year Built Type: Existing
  • Special Features: 20

Interior Features

  • Floors: Carpet, Tile
  • Fireplace Description: Metal Insert
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Combo Woodwork, Paint Woodwork, Stained Wood, Whirlpool, Window Treatment, Ceiling Fan
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Rooms: 8
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Inside Utility
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2291

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Covered Patio, Covered Porch
  • Fence: Wood, Part
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached
  • Parking: Concrete Drive

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300

Lot Info

  • Acres: 0.2100
  • Land Sq Ft: 9148
  • Lot Description: Interior

Tax Info

  • Tax Block: 3
  • Tax Lot: 22

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Carter George R and Carter Christie
Bought by
Carter George R and Carter Christie
Current Estimated Value
$359,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$215,850
Interest Rate
4.8%
Mortgage Type
VA
Estimated Equity
$143,310

Purchase Details

Listed on
Nov 16, 2011
Closed on
Jan 26, 2012
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
Carter George R
Seller's Agent
Chris Eubanks
Whittington Realty
Buyer's Agent
Jeanna Davis
KG Realty LLC
List Price
$219,900
Sold Price
$199,900
Premium/Discount to List
-$20,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$206,496
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Sep 16, 2011
Sold by
Selene Finance Lp
Bought by
Selene Rmof Reo Acquisition Llc

Purchase Details

Closed on
Aug 10, 2007
Sold by
Summit Lakes Llc
Bought by
Equity Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Equity Home Builders Inc
Bought by
Morgan Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Summit Lakes Llc
Bought by
Equity Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.61%
Mortgage Type
Construction
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
Carter George R -- Oklahoma City Abstract & T
Carter George R $200,000 Fatco
Selene Rmof Reo Acquisition Llc -- Linear Title & Closing
Equity Home Builders Inc -- None Available
Morgan Benjamin $270,000 None Available
Equity Home Builders Inc $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter George R $245,000
Closed Carter George R $206,496
Previous Owner Morgan Benjamin $270,000
Previous Owner Equity Home Builders Inc $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2012 03/02/12 Sold $199,900 -9.1% $87 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $219,900 -- $96 / 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 -- $28,149 $4,521 $23,628
2023 $0 $27,329 $4,773 $22,556
2022 $0 $26,533 $4,628 $21,905
2021 $0 $25,760 $4,200 $21,560
2020 $3,060 $25,760 $4,200 $21,560
2019 $3,112 $25,760 $4,200 $21,560
2018 $3,018 $25,760 $4,200 $21,560
2017 $3,052 $25,760 $0 $0
2016 $3,102 $25,760 $4,200 $21,560
2015 -- $26,434 $4,200 $22,234
2014 -- $26,434 $4,200 $22,234
Source: Public Records

Agents Affiliated with this Home

  • Chris Eubanks

    Seller's Agent in 2012

    Chris Eubanks

    Whittington Realty

    (405) 414-4143

    14 in this area

    170 Total Sales

    Chris Eubanks
    Section Image
  • Jeanna Davis

    Buyer's Agent in 2012

    Jeanna Davis

    KG Realty LLC

    (405) 206-2846

    53 Total Sales

    Jeanna Davis
    Section Image
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Map

Source: MLSOK

MLS Number: 473632

MLSOK

APN: R0141382

Oklahoma Cleveland County Norman 73071 Southeast Norman

408 Summit Bend, Norman, OK

Not Listed for Sale

Detached

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