NOT LISTED FOR SALE

505 Summit Crest Ln Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $327,000 - $356,000

4 Beds
2.5 Baths
2,169 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $252,000 $116 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,201/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 3 Car Attached Garage
  • Washington Elementary School Rated A-
  • Covered patio or porch
  • Interior Lot

About This Home

As of June 2017

Relax on the covered patio with an outdoor fireplace, overlooking the community lake. Beautiful home with numerous upgrades. 4 bedrooms (or 3 + study) with 2.5 bathrooms. Tastefully appointed with combination woodwork and wainscoting. Large kitchen with gas freestanding stove, abundant storage and bench seat that can be used for a kitchen eat-in area. Natural light floods the additional large dining room that opens to living area. Surround sound in living area. Wood floors in living and study. 3 car garage with STORM SHELTER. Summit Lakes Addition has walking paths, multiple lakes, and there are plans to build a public library across Alameda.

Last Listed By

Debbie Bugg

Metro Brokers of Oklahoma Listed on: 04/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 2012

Lot Details

  • 9,886 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Interior Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,169 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Gas Log Fireplace
  • Utility Room with Study Area
  • Laundry Room
  • Home Security System

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include maintenance
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 2 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,345

Year Built

Built in 2012

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance
  • Dining Areas: 1
  • Legal Addition: Summit Lakes 10
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System
  • Oven Energy: Gas
  • Property Faces: East
  • Property Level: One
  • Range Energy: Gas
  • Special Zoning District Yn: No
  • Storm Shelter: Garage Floor, Yes
  • Third Party Comments: No
  • Year Built: 2012
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile, Wood
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Combo Woodwork, Laundry Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Areas: 1
  • Other Rooms: Study
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 2169

Exterior Features

  • Construction: Brick, Stucco
  • Pool: No
  • Exterior Features: Covered Patio
  • Fence: Combination
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 330

Lot Info

  • Acres: 0.2300
  • Land Sq Ft: 9886
  • Lot Description: Interior

Tax Info

  • Tax Block: 2
  • Tax Lot: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 12, 2017
Sold by
Girdner Donna
Bought by
Mcloskey Phyllis C
Seller's Agent
Debbie Bugg
Metro Brokers of Oklahoma
Buyer's Agent
Juliana Michael
MK Partners INC
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%
Total Days on Market
21
Current Estimated Value
$338,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,544
Avg. Annual Appreciation
3.71%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jun 27, 2013
Sold by
First Oklahoma Construction Inc
Bought by
Girdner Donna
Seller's Agent
Mahnaz Saadat-Partou
Dillard Cies Real Estate
Buyer's Agent
Debbie Bugg
Metro Brokers of Oklahoma
List Price
$237,252
Sold Price
$237,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jun 25, 2013
Sold by
Summit Lakes Llc
Bought by
First Oklahoma Consturction Inc
Seller's Agent
Mahnaz Saadat-Partou
Dillard Cies Real Estate
Buyer's Agent
Debbie Bugg
Metro Brokers of Oklahoma
List Price
$237,252
Sold Price
$237,252

Purchase Details

Closed on
Jun 13, 2012
Sold by
Summit Lakes Llc
Bought by
First Oklahoma Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.86%
Mortgage Type
Construction

Range of Values:

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Average Value
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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
Mcloskey Phyllis C $252,000 None Available
Girdner Donna $237,500 None Available
First Oklahoma Consturction Inc -- None Available
First Oklahoma Construction Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Oklahoma Construction Inc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $252,000 -3.1% $116 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $260,000 +9.6% $120 / Sq Ft
06/28/2013 06/28/13 Sold $237,252 0.0% $109 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $237,252 -- $109 / 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 $3,345 $28,933 $5,033 $23,900
2023 $3,354 $28,933 $5,722 $23,211
2022 $3,216 $28,933 $5,717 $23,216
2021 $3,390 $28,933 $4,320 $24,613
2020 $3,318 $28,933 $4,320 $24,613
2019 $3,375 $28,933 $4,320 $24,613
2018 $3,273 $28,934 $4,320 $24,614
2017 $2,951 $25,910 $0 $0
2016 $0 $25,910 $4,320 $21,590
2015 -- $26,130 $4,320 $21,810
2014 -- $26,130 $4,320 $21,810
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Debbie Bugg

    Metro Brokers of Oklahoma

    (405) 627-2324

    6 in this area

    41 Total Sales

    Debbie Bugg
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Moen Hayes

    Metro Brokers of Oklahoma

    (405) 919-0820

    Section Image

  • J

    Buyer's Agent in 2017

    Juliana Michael

    MK Partners INC

  • Mahnaz Saadat-Partou

    Seller's Agent in 2013

    Mahnaz Saadat-Partou

    Dillard Cies Real Estate

    (405) 979-7462

    55 in this area

    66 Total Sales

    Mahnaz Saadat-Partou
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 770260

MLSOK

APN: R0160176

Oklahoma Cleveland County Norman 73071 Southeast Norman

505 Summit Crest Ln, Norman, OK

Homes for Sale in Norman, OK

This home is located at 505 Summit Crest Ln, Norman, OK 73071 since 26 April 2017 and is currently estimated at $338,544, approximately $156 per square foot. This property was built in 2012. 505 Summit Crest Ln is a home located in Cleveland County with nearby schools including Washington Elementary School, Irving Middle School, and Norman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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