425 Terrace Place Norman, OK 73069
Southwest Norman NeighborhoodEstimated payment $2,045/month
Highlights
- Private Pool
- 0.49 Acre Lot
- Open Patio
- Norman High School Rated A
- 1 Fireplace
- Laundry Room
About This Home
This classic ranch-style home carries subtle mid-century influence and offers a flexible flow with built-in storage throughout, making it easy to live in now and personalize over time. Inside, you’ll find multiple living areas that give the home a sense of space and versatility — whether you need room to spread out, entertain, or create dedicated areas for work and relaxation. Generous bedrooms, unique built-ins, and a layout that feels both functional and full of character help set this home apart from the typical floor plan. The backyard is a true highlight, set on an oversized lot designed for both entertaining and play. Mature trees provide shade and privacy, while brick terracing, open lawn space, and the pool create a setting that’s hard to find and even harder to replicate. Bathrooms have been refreshed with modern finishes, while other areas offer an opportunity to update and make the home your own over time, giving you the chance to add value while enjoying the space from day one. Whether you’re looking for more room to live, a lot that truly feels expansive, or a home with character and long-term potential, this one offers a combination that’s increasingly rare.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,467
Year Built
- Built in 1962
Parking
- 2
Home Design
- Split Level Home
- Slab Foundation
- Brick Frame
- Composition Roof
Interior Spaces
- 1 Fireplace
- Laundry Room
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Pool
- Private Pool
- Diving Board
Schools
- Monroe Elementary School
- Alcott Middle School
- Norman High School
Additional Features
- Open Patio
- 21,344 Sq Ft Lot
- Central Air
Listing and Financial Details
- Legal Lot and Block 4 / 3
- Assessor Parcel Number R0039726
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,549 | $22,245 | $4,115 | $18,130 |
| 2023 | $2,398 | $20,968 | $3,516 | $17,452 |
| 2022 | $2,229 | $20,358 | $2,400 | $17,958 |
| 2021 | $2,351 | $20,358 | $2,400 | $17,958 |
| 2020 | $2,300 | $20,358 | $2,400 | $17,958 |
| 2019 | $2,339 | $20,358 | $2,400 | $17,958 |
| 2018 | $2,268 | $20,358 | $2,400 | $17,958 |
| 2017 | $2,294 | $20,358 | $0 | $0 |
| 2016 | $2,332 | $20,358 | $2,400 | $17,958 |
| 2015 | $2,267 | $20,406 | $2,397 | $18,009 |
| 2014 | $2,219 | $19,812 | $2,327 | $17,485 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2026 05/12/26 | Pending | -- | -- | -- |
| 05/05/2026 05/05/26 | For Sale | $339,000 | -- | $137 / Sq Ft |
Source: MLSOK
MLS Number: 1227050
APN: R0039726
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