NOT LISTED FOR SALE

541 48th Ave NE Norman, OK 73026

Franklin-Denver Neighborhood

Estimated Value: $426,094 - $508,000

3 Beds
2.5 Baths
2,639 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2022

Last sale price $399,000 $151 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,617 / mo

4 Days on Market

Highlights

  • 2 Acre Lot
  • Traditional Architecture
  • Separate Outdoor Workshop
  • Washington Elementary School Rated A-
  • Covered Patio or Porch
  • 3 Car Attached Garage

About This Home

As of June 2022

Multiple Offers! Best offers due 5/6/2022 by 1:00PM. Welcome Home!! Farmhouse style updates throughout this slice of heaven. Gorgeous kitchen with custom built cabinets, large dining room for entertaining, opens to warm and welcoming living room. A huge den makes family gatherings a pleasure. There's a canning kitchen off the 3 car garage with tons of storage and a full bath. A big covered patio is the perfect spot to sit and watch the sun rise or relax in the evening shade. The backyard offers plenty of room for a garden, large shop with a half bath is the perfect mancave. Other features include mature landscaping, sprinkler system in front and a storm cellar. Close to town with a country feel.

Last Agent to Sell the Property

Tami Rudd

Top Tier RE Group Listed on: 05/02/2022

Co-Listed By

Kristin Rudd

Top Tier RE Group License #182700

Last Buyer's Agent

Sherry Dunn

405 Home Store

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 2 Acre Lot
  • Rural Setting

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,639 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

2 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Legal Addition: Lengthy Legal Desc.
  • Mandatory Association Dues Yn: No
  • Property Level: One
  • School Junior High: Irving MS
  • Special Zoning District Yn: No
  • Storm Shelter: Yes
  • Third Party Comments: Yes
  • Year Built: 1984
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Fireplace Description: None
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Sq Ft: 2639

Exterior Features

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

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Electric

Schools

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

Lot Info

  • Acres: 2.0000
  • Land Sq Ft: 87120
  • Lot Description: Rural

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Schabel Michael and Schabel Margaret
Bought by
Schabel
Current Estimated Value
$454,274

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 23, 2022
Sold by
Gates Sharon G
Bought by
Schabel Michael and Schabel Margaret
Seller's Agent
Tami Rudd
Top Tier RE Group
Buyer's Agent
Sherry Dunn
405 Home Store
List Price
$389,900
Sold Price
$399,000
Premium/Discount to List
$9,100
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$315,210
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2021
Sold by
Gates Rick L and Gates Sharon G
Bought by
Gates Rick L

Purchase Details

Closed on
Apr 25, 2006
Sold by
Clark Helen G
Bought by
Gates Rick L and Gates Sharon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Schabel -- None Listed On Document
Schabel Michael $399,000 Chicago Title
Gates Rick L -- None Available
Gates Rick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schabel Michael $315,210
Previous Owner Gates Rick L $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $399,000 +2.3% $151 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $389,900 -- $148 / 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 $2,511 $21,923 $4,093 $17,830
2024 $2,430 $21,285 $3,031 $18,254
2023 $2,362 $20,665 $1,920 $18,745
2022 $2,265 $20,665 $1,920 $18,745
2021 $2,387 $20,665 $1,920 $18,745
2020 $2,336 $20,665 $1,920 $18,745
2019 $2,377 $20,665 $1,920 $18,745
2018 $2,304 $20,665 $1,920 $18,745
2017 $2,330 $20,665 $0 $0
2016 $2,369 $20,665 $1,920 $18,745
2015 -- $20,809 $2,280 $18,529
Source: Public Records

Agents Affiliated with this Home

  • Tami Rudd

    Seller's Agent in 2022

    Tami Rudd

    Top Tier RE Group

    (580) 272-7352

    5 in this area

    138 Total Sales

    Tami Rudd
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kristin Rudd

    Top Tier RE Group

    (405) 220-2418

    1 in this area

    37 Total Sales

    Kristin Rudd
    Section Image
  • Sherry Dunn

    Buyer's Agent in 2022

    Sherry Dunn

    405 Home Store

    (405) 757-5578

    1 in this area

    39 Total Sales

    Sherry Dunn
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 1006777

MLSOK

APN: R0022885

Oklahoma Cleveland County Norman 73026 Franklin-Denver

541 48th Ave NE, 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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