NOT LISTED FOR SALE

541 48th Ave NE Norman, OK 73026

Franklin-Denver Neighborhood

Estimated Value: $415,000 - $503,000

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 $2,707 / 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

Cornerstone Realty License #147126 Listed on: 05/02/2022

Co-Listed By

Kristin Rudd

Cornerstone Realty License #182700

Last Buyer's Agent

Sherry Dunn

405 Home Store License #159390

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Schabel Michael and Schabel Margaret
Bought by
Current Estimated Value
$454,948

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
Cornerstone Realty
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
3.18%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Franklin-Denver, OK

  • Dareika Morrison Real Estate Agent - Next Step Realty

    Dareika Morrison

    Responds Quickly

    Next Step Realty

    (405) 500-2859

    84 Total Sales

    1 in Franklin-Denver

    $230,000 Price

    Dareika Morrison
     Section Image
  • Jamey Holmes Real Estate Agent - Heart and Soil Realty, LLC

    Jamey Holmes

    Heart and Soil Realty, LLC

    (580) 217-7732

    105 Total Sales

    1 in Franklin-Denver

    $197,000 Price

    Jamey Holmes
     Section Image
  • Benjamin Tubbs Real Estate Agent - Atrium Realty, LLC

    Benjamin Tubbs

    Atrium Realty, LLC

    (405) 246-9778

    571 Total Sales

    1 in Franklin-Denver

    $400,000 Price

    Benjamin Tubbs
     Section Image
  • Craig Kiriokos Real Estate Agent - Vibe Realty

    Craig Kiriokos

    Vibe Realty

    (405) 500-7641

    101 Total Sales

    1 in Franklin-Denver

    $319,000 Price

    Craig Kiriokos
     Section Image
  • Beth Atkinson Real Estate Agent - Metro Group Brokers

    Beth Atkinson

    Metro Group Brokers

    (405) 766-7954

    551 Total Sales

    1 in Franklin-Denver

    $665,000 Price

    Beth Atkinson
     Section Image
  • Doug Eckert Real Estate Agent - Wise Oak Realty LLC

    Doug Eckert

    Wise Oak Realty LLC

    (405) 925-2246

    46 Total Sales

    1 in Franklin-Denver

    $285,000 Price

    Doug Eckert
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Cornerstone Realty

    Seller's Agent in 2022

    Tami Rudd

    Cornerstone Realty

    (580) 272-7352

    5 in this area

    131 Total Sales

    Tami Rudd
    Section Image

  • KR

    Seller Co-Listing Agent in 2022

    Kristin Rudd

    Cornerstone Realty

    (405) 220-2418

    1 in this area

    37 Total Sales

    Kristin Rudd
    Section Image
  • Sherry Dunn Real Estate Agent - 405 Home Store

    Buyer's Agent in 2022

    Sherry Dunn

    405 Home Store

    (405) 757-5578

    1 in this area

    33 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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MLSOK All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market.
Copyright 2026 MLSOK, Inc. All rights reserved.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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