NOT LISTED FOR SALE

516 Summit Point Ln Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $406,000

4 Beds
2.5 Baths
2,283 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $379,900 $166 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,294/month

132 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Covered Patio or Porch
  • Washington Elementary School Rated A-
  • Bonus Room
  • 1-minute walk to Summit Lakes Park

About This Home

As of June 2024

This brand new 4 bedroom, 2 living, 2 1/2 bath home offers an open floorplan living/dining layout with spacious kitchen features, gorgeous custom wood cabinetry, stainless steel appliances and a huge pantry, 3 cm. granite countertops in kitchen & Italian marble vanity counters in bathrooms, wood look ceramic tile in kitchen, living area & dining areas; carpet in bedrooms, study & closets; beautiful ceramic tile in utility and bathrooms. Property included Garage door openers, blind & fence. Energy-Efficient homes. This home includes a 1 year Builder's Warranty and a 10 Year RWC Structural Warranty!

Last Agent to Sell the Property

Mahnaz Saadat-Partou

Dillard Cies Real Estate Listed on: 01/04/2024

Dillard Cies Real Estate

Last Buyer's Agent

Karen Hooper

Realty of America LLC

Realty of America LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 8,612 Sq Ft Lot
  • Interior Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,283 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Bonus Room
  • Inside Utility

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

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 2 / 1

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

8,612 Sq Ft Lot

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Contemporary
  • Property Sub Type: Single Family
  • Association Fee Includes: Maintenance
  • Inlaw Plan Yn: Yes
  • Legal Addition: Summit Lakes Sec 11
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System, Smoke Alarm
  • Property Level: One
  • Range Energy: Gas
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Floors: Carpet, Tile
  • Fireplace Description: Other
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Bonus, Inside Utility
  • Total Sq Ft: 2283

Exterior Features

  • Construction: Brick
  • 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
  • Utilities Available: Electric, Gas, Public Utilities

Condo/Co-op/Association

  • Association Fee: 360

Schools

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

Lot Info

  • Acres: 0.1977
  • Land Sq Ft: 8612
  • Lot Description: Interior

Green Features

  • Energy: Double Glazed Windows

Tax Info

  • Tax Block: 1
  • Tax Lot: 2

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jul 3, 2024
Sold by
Apple Construction Llc
Bought by
Terry Bobbi Jean
Seller's Agent
Mahnaz Saadat-Partou
Dillard Cies Real Estate
Buyer's Agent
Karen Hooper
Realty of America LLC
List Price
$379,900
Sold Price
$379,900
Views
37
Current Estimated Value
$406,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,100
Avg. Annual Appreciation
4.08%
Original Mortgage
$283,500
Outstanding Balance
$278,792
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$127,208

Purchase Details

Closed on
Feb 10, 2022
Sold by
Summit Lakes Llc
Bought by
Apple Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Terry Bobbi Jean $380,000 First American Title
Apple Construction Llc -- First American Title
Apple Construction Llc $54,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Bobbi Jean $283,500
Previous Owner Apple Construction Llc $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $379,900 0.0% $166 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $379,900 -- $166 / 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 $2,080 $44,616 $6,600 $38,016
2023 $1,986 $16,538 $598 $15,940
2022 $70 $598 $598 $0
2021 $73 $598 $598 $0
Source: Public Records

Agents Affiliated with this Home

  • Mahnaz Saadat-Partou

    Seller's Agent in 2024

    Mahnaz Saadat-Partou

    Dillard Cies Real Estate

    (405) 979-7462

    53 in this area

    63 Total Sales

    Mahnaz Saadat-Partou
    Section Image
  • Karen Hooper

    Buyer's Agent in 2024

    Karen Hooper

    Realty of America LLC

    (405) 408-8366

    15 in this area

    77 Total Sales

    Karen Hooper
    Section Image
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Map

Source: MLSOK

MLS Number: OKC1093623

MLSOK

APN: R0189300

Oklahoma Cleveland County Norman 73071 Southeast Norman

516 Summit Point Ln, Norman, OK

Not Listed for Sale

Detached

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Copyright 2026 MLSOK, Inc. All rights reserved.
Based on information submitted to the MLS GRID

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