NOT LISTED FOR SALE

506 S Lahoma Ave Norman, OK 73069

University Neighborhood

Estimated Value: $682,786 - $758,000

4 Beds
4 Baths
3,064 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $558,000 $182 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,724/month

31 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Interior Lot
  • McKinley Elementary School Rated A
  • Covered patio or porch
  • Woodwork

About This Home

As of July 2021

This is a fantastic campus property that sits on a nice large lot. You can sit on the wonderful covered front porch and enjoy summer in Oklahoma. The first floor is where all the entertaining happens! This home has 2 living areas and 2 dining areas with a bar which is fantastic for game day parties! The 2nd floor is for resting after a long day of work or OU festivities. The 2nd floor has all 4 bedrooms and 3 of the bathrooms. The 3rd floor would be perfect for an office, game room or play room. There is a basement in the home that is good for May in Oklahoma!

Last Agent to Sell the Property

Dana Rieger

Rieger Realty LLC Listed on: 05/21/2021

Last Buyer's Agent

Patrick Schrank

Swift Co Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,001

Year Built

  • Built in 1942

Lot Details

  • 0.31 Acre Lot
  • Interior Lot

Home Design

  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,064 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Wood Burning Fireplace
  • Basement

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Mckinley Elementary School
  • Alcott Middle School
  • Norman High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block see legal / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,001

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Other
  • Property Sub Type: Single Family
  • Dining Areas: 2
  • Handicap Yn: No
  • Legal Addition: Rosss
  • Mandatory Association Dues Yn: No
  • Oven Energy: Electric
  • Property Level: Multi
  • Range Energy: Electric
  • School Junior High: Alcott MS
  • Special Zoning District Yn: Yes
  • Storm Shelter: Other
  • Third Party Comments: No
  • Year Built: 1942
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Combo, Carpet, Tile, Wood
  • Fireplace Description: Wood Burning
  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Combo Woodwork
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Living Areas: 3
  • Other Rooms: Basement
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 3064

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Covered Porch, Open Deck
  • Foundation: Conventional
  • Roof: Architectual Shingle

Garage/Parking

  • Garage Description: None

Utilities

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

Schools

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

Lot Info

  • Acres: 0.3100
  • Land Sq Ft: 13504
  • Lot Description: Campus Area, Interior

Tax Info

  • Tax Block: 3
  • Tax Lot: see legal

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 13, 2021
Sold by
Blue Lahoma Llc
Bought by
Craig Robert M and Craig Robi
Seller's Agent
Dana Rieger
Rieger Realty LLC
Buyer's Agent
Patrick Schrank
Swift Co Real Estate LLC
List Price
$575,000
Sold Price
$558,000
Premium/Discount to List
-$17,000
-2.96%
Total Days on Market
31
Current Estimated Value
$724,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,697
Avg. Annual Appreciation
6.58%
Original Mortgage
$278,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2015
Closed on
Apr 23, 2015
Sold by
Lobban Lynette L
Bought by
Blu Lahoma Llc
Seller's Agent
Chris Eubanks
Whittington Realty
Buyer's Agent
Marta McCubbin
First Source Real Estate Inc.
List Price
$489,900
Sold Price
$465,000
Premium/Discount to List
-$24,900
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Lobban Lance L and Lobban Lynette L
Bought by
Lobban Lynette L and Lobban Lance L
Source: Public Records

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Range of Values:

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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
Craig Robert M $558,000 First American Title
Blu Lahoma Llc $465,000 Capitol Abstract & Title Co
Lobban Lynette L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Robert Mark $1,305,000
Closed Craig Robert Mark $1,300,000
Closed Craig Robert M $278,000
Previous Owner Lobban Lynette L $226,882
Previous Owner Lobban Lynette L $29,242
Previous Owner Lobban Lynette L $105,000
Previous Owner Lobban Lynette L $16,000
Previous Owner Lobban Lynette L $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $558,000 -3.0% $182 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $575,000 +23.7% $188 / Sq Ft
04/23/2015 04/23/15 Sold $465,000 -5.1% $133 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $489,900 -- $140 / 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 $8,001 $66,793 $9,304 $57,489
2023 $7,778 $64,774 $5,400 $59,374
2022 $7,459 $64,774 $5,400 $59,374
2021 $6,348 $52,293 $5,400 $46,893
2020 $6,212 $52,293 $5,400 $46,893
2019 $6,318 $52,293 $5,400 $46,893
2018 $6,127 $52,293 $5,400 $46,893
2017 $6,196 $52,293 $0 $0
2016 $6,297 $52,293 $5,400 $46,893
2015 $3,264 $28,941 $3,261 $25,680
2014 -- $28,097 $3,992 $24,105
Source: Public Records

Agents Affiliated with this Home

  • Dana Rieger

    Seller's Agent in 2021

    Dana Rieger

    Rieger Realty LLC

    (405) 306-3853

    2 in this area

    61 Total Sales

    Dana Rieger
    Section Image

  • P

    Buyer's Agent in 2021

    Patrick Schrank

    Swift Co Real Estate LLC

    Section Image
  • Chris Eubanks

    Seller's Agent in 2015

    Chris Eubanks

    Whittington Realty

    (405) 414-4143

    1 in this area

    168 Total Sales

    Chris Eubanks
    Section Image
  • Millie Eubanks

    Seller Co-Listing Agent in 2015

    Millie Eubanks

    Gable & Grace

    (405) 476-3466

    588 Total Sales

    Millie Eubanks
    Section Image
  • Marta McCubbin

    Buyer's Agent in 2015

    Marta McCubbin

    First Source Real Estate Inc.

    (405) 642-1255

    145 Total Sales

    Marta McCubbin
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 950045

MLSOK

APN: R0043420

Oklahoma Cleveland County Norman 73069 University

506 S Lahoma Ave, Norman, OK

This home is located at 506 S Lahoma Ave, Norman, OK 73069 since 21 May 2021 and is currently estimated at $724,697, approximately $236 per square foot. This property was built in 1942. 506 S Lahoma Ave is a home located in Cleveland County with nearby schools including McKinley Elementary School, Alcott 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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