NOT LISTED FOR SALE

416 Summit Way Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $353,000 - $370,000

3 Beds
2 Baths
2,542 Sq Ft
$142/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2022

Last sale price $315,000 $124 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,409 / mo

1 Day on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Interior Lot
  • Washington Elementary School Rated A-
  • 3 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2022

3 bed 2 bath home in Norman.

Last Agent to Sell the Property

Heather Schleeper

Heather & Company Realty Group License #160739 Listed on: 04/01/2022

Last Buyer's Agent

Heather Schleeper

Heather & Company Realty Group License #160739 Listed on: 04/01/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 9,583 Sq Ft Lot
  • Interior Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,542 Sq Ft Home
  • 1.5-Story Property
  • Metal Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Washington Elementary School
  • Irving Middle School
  • Norman High School

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 35 / 3

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

9,583 Sq Ft Lot

HOA Fees

$38 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
  • Property Level: One and one-half
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: Yes
  • Third Party Comments: Yes
  • Year Built: 2005
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: Metal Insert
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 2542

Exterior Features

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

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Condo/Co-op/Association

  • Association Fee: 450

Schools

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

Lot Info

  • Acres: 0.2200
  • Land Sq Ft: 9583
  • Lot Description: Interior

Tax Info

  • Tax Block: 3
  • Tax Lot: 35

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 25, 2022
Sold by
Grimes and Waymon
Bought by
Lightning Bar Properties Llc
Seller's Agent
Heather Schleeper
Heather & Company Realty Group
Buyer's Agent
Heather Schleeper
Heather & Company Realty Group
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$359,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,442
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Sep 8, 2015
Closed on
Jan 12, 2016
Sold by
Lopez Eric S and Lopez Ginger
Bought by
Grimes Samantha
Seller's Agent
Wally Kerr
Your Home Sold Guaranteed-Kerr
Buyer's Agent
Heather Schleeper
Heather & Company Realty Group
List Price
$259,900
Sold Price
$258,000
Premium/Discount to List
-$1,900
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$253,547
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Sundance Builders Llc
Bought by
Lopez Eric S and Lopez Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2007
Sold by
Summit Lakes Llc
Bought by
Sundance Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Summit Lakes Llc
Bought by
Sundance Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,842
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lightning Bar Properties Llc $315,000 Old Republic Title
Lightning Bar Properties Llc $315,000 Old Republic Title
Grimes Samantha $258,000 None Available
Lopez Eric S -- None Available
Sundance Builders Llc -- None Available
Sundance Builders Llc $295,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Grimes Samantha $253,547
Previous Owner Lopez Eric S $195,920
Previous Owner Sundance Builders Llc $48,980
Previous Owner Sundance Builders Llc $168,842
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $315,000 0.0% $124 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $315,000 +22.1% $124 / Sq Ft
03/11/2016 03/11/16 Sold $258,000 -0.7% $101 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $259,900 -- $102 / Sq Ft
Source: MLSOK

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
2025 $5,063 $42,190 $6,208 $35,982
2023 $4,595 $38,268 $6,238 $32,030
2022 $3,575 $31,046 $5,061 $25,985
2021 $3,589 $29,568 $4,200 $25,368
2020 $3,512 $29,568 $4,200 $25,368
2019 $3,572 $29,568 $4,200 $25,368
2018 $3,464 $29,568 $4,200 $25,368
2017 $3,503 $29,568 $0 $0
2016 $3,236 $26,873 $4,182 $22,691
2015 $2,990 $25,593 $4,200 $21,393
2014 $3,074 $26,058 $4,200 $21,858
Source: Public Records

Agents Affiliated with this Home

  • Heather Schleeper

    Seller's Agent in 2022

    Heather Schleeper

    Heather & Company Realty Group

    (405) 222-9017

    8 in this area

    214 Total Sales

    Heather Schleeper
    Section Image
  • Wally Kerr

    Seller's Agent in 2016

    Wally Kerr

    Your Home Sold Guaranteed-Kerr

    (405) 330-4000

    42 in this area

    545 Total Sales

    Wally Kerr
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Scott Bacon

    Your Home Sold Gtd-Kerr/Norman

    (405) 589-0885

    25 in this area

    231 Total Sales

    Scott Bacon
    Section Image
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Map

Source: MLSOK

MLS Number: 1002367

MLSOK

APN: R0141395

Oklahoma Cleveland County Norman 73071 Southeast Norman

416 Summit Way, Norman, OK

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Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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