NOT LISTED FOR SALE

541 S Flood Ave Norman, OK 73069

University Neighborhood

Estimated Value: $432,988 - $481,000

4 Beds
2 Baths
1,844 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $375,000 $203 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,963/month

46 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Tankless Water Heater
  • McKinley Elementary School Rated A
  • Home Security System
  • 3-minute walk to Lions Park

About This Home

As of August 2021

Campus Bungalow has the perfect location!! Walk to campus, football games, neighborhood schools and Campus corner. Lots of character and charm throughout this home. Oak wood floors, Windows replaced, furnance 3 years and AC 6 months old, tankless hot water heater, safe room, split bedroom plan. Cozy living room with fireplace and large picture window. Den in back with French doors for a quiet place to read or study. Kitchen is loaded with breakfast bar, frig, gas stove, solid surface countertops, microwave, and pantry. Baths have been updated. Inside utility room with washer and dryer. Great fenced backyard with patio & stone pathways, perfect for tail gate parties and cookouts. Security system and storage building in backyard.

Last Listed By

Tracey Veal

Metro Brokers Progressive Listed on: 05/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,823

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • West Facing Home

Parking

  • Driveway

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Inside Utility
  • Washer and Dryer

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block Part 2 & 3 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,823

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Bungalow
  • Property Sub Type: Single Family
  • Dining Areas: 1
  • Legal Addition: Westbrook
  • Mandatory Association Dues Yn: No
  • Mechanical Features: Security System, Tankless Hot Water
  • Oven Energy: Gas
  • Property Faces: West
  • Property Level: One
  • Range Energy: Gas
  • Roof Year: 2013
  • School Junior High: Alcott MS
  • Special Zoning District Yn: No
  • Storm Shelter: Safe Room, Yes
  • Third Party Comments: No
  • Year Built: 1950
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Tile, Wood
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
  • Interior Amenities: Ceiling Fan, Paint Woodwork
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Living Areas: 2
  • Other Rooms: Inside Utility
  • Oven Type: Free Stand
  • Range Type: Free Stand
  • Total Sq Ft: 1844

Exterior Features

  • Construction: Frame
  • Pool: No
  • Exterior Features: Covered Porch, Open Patio, Outbuildings
  • Foundation: Conventional
  • Roof: Composition

Garage/Parking

  • Garage Description: None
  • Parking: Concrete Drive

Utilities

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

Schools

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

Lot Info

  • Acres: 0.2800
  • Land Sq Ft: 12197
  • Lot Description: Campus Area

Green Features

  • Energy: Storm Doors

Tax Info

  • Tax Block: 2
  • Tax Lot: Part 2 & 3

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 10, 2021
Sold by
Barnes Gerald D and Barnes Kathryn C
Bought by
Herbo Jeffrey David and Herboek Amy Michelle
Seller's Agent
Tracey Veal
Metro Brokers Progressive
Buyer's Agent
Karen McIntosh
Dillard Cies Real Estate
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%
Total Days on Market
46
Current Estimated Value
$457,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,497
Avg. Annual Appreciation
5.08%
Original Mortgage
$300,000
Outstanding Balance
$275,719
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,967

Purchase Details

Closed on
Apr 5, 2019
Sold by
Skinner Paul and Skinner Tammy
Bought by
Barnes Gerald D and Barnes Kathryn C

Purchase Details

Listed on
Apr 11, 2016
Closed on
Oct 8, 2016
Sold by
Raley Elizabeth M and Raley Bradley F
Bought by
Skinner Paul and Skinner Tammy
Seller's Agent
Tom McAuliffe
Dillard Cies Real Estate
Buyer's Agent
Frank Schuster
RE/MAX at Home
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Range of Values:

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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
Herbo Jeffrey David $375,000 First American Title Ins Co
Barnes Gerald D $285,000 Cleveland Cnty Abstract & Tt
Skinner Paul $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbo Jeffrey David $300,000
Previous Owner Raley Elizabeth M $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $375,000 -8.3% $203 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $409,000 -10.9% $222 / Sq Ft
05/24/2021 05/24/21 For Sale $459,000 +91.3% $249 / Sq Ft
10/14/2016 10/14/16 Sold $240,000 -12.7% $130 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $275,000 -- $149 / 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 $4,823 $40,272 $7,615 $32,657
2023 $5,137 $42,785 $5,400 $37,385
2022 $4,926 $42,785 $5,400 $37,385
2021 $3,894 $32,082 $5,400 $26,682
2020 $3,810 $32,082 $5,400 $26,682
2019 $3,266 $27,038 $5,400 $21,638
2018 $3,168 $27,039 $5,400 $21,639
2017 $3,203 $27,039 $0 $0
2016 $1,488 $13,356 $3,501 $9,855
2015 $1,398 $12,967 $3,399 $9,568
2014 $1,367 $12,590 $3,300 $9,290
Source: Public Records

Agents Affiliated with this Home

  • Tracey Veal

    Seller's Agent in 2021

    Tracey Veal

    Metro Brokers Progressive

    (405) 833-5475

    2 in this area

    101 Total Sales

    Tracey Veal
    Section Image
  • Karen McIntosh

    Buyer's Agent in 2021

    Karen McIntosh

    Dillard Cies Real Estate

    (405) 590-2763

    4 in this area

    183 Total Sales

    Karen McIntosh
    Section Image
  • Tom McAuliffe

    Seller's Agent in 2016

    Tom McAuliffe

    Dillard Cies Real Estate

    (405) 550-1929

    2 in this area

    99 Total Sales

    Tom McAuliffe
    Section Image
  • Frank Schuster

    Buyer's Agent in 2016

    Frank Schuster

    RE/MAX

    (405) 818-4017

    114 Total Sales

    Frank Schuster
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 959211

MLSOK

APN: R0048208

Oklahoma Cleveland County Norman 73069 University

541 S Flood Ave, Norman, OK

Homes for Sale in Norman, OK

This home is located at 541 S Flood Ave, Norman, OK 73069 since 24 May 2021 and is currently estimated at $457,497, approximately $248 per square foot. This property was built in 1950. 541 S Flood 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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