Seller's Agent in 2021
Tracey Veal
Metro Brokers Progressive
(405) 833-5475
2 in this area
92 Total Sales
541 S Flood Ave Norman, OK 73069
University Neighborhood
4
Beds
2
Baths
1,848
Sq Ft
0.28
Acres
Highlights
- Deck
- Lake, Pond or Stream
- Wood Flooring
- McKinley Elementary School Rated A
- Traditional Architecture
- 3-minute walk to Lions Park
About This Home
As of August 2021Location times 3! Just a few blocks from OU, McKinley Elementary, Lions Park and the Firehouse Art Center! Wonderful neighborhood of vintage homes and mature trees. The home features hardwood floors, recently renovated main bathroom, new gas fireplace, built in bookshelves and china cabinet. Also a recently converted garage added a bathroom, guest bedroom and an above ground saferoom in that guest bedroom. A tankless on demand water heater and hail resistant roof tops it off! (Pun intended!)
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
- Partially Fenced Property
- Wood Fence
- Interior Lot
Home Design
- Traditional Architecture
- Brick Frame
- Composition Roof
Interior Spaces
- 1,848 Sq Ft Home
- 1-Story Property
- Woodwork
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Inside Utility
- Storm Doors
Kitchen
- Gas Oven
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Possible Extra Bedroom
- 2 Full Bathrooms
Parking
- Converted Garage
- Driveway
Outdoor Features
- Lake, Pond or Stream
- Deck
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 2,3 / 2
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,307
Avg. Annual Appreciation
4.98%
Original Mortgage
$300,000
Outstanding Balance
$276,300
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,152
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
7.50%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | First American Title Ins Co | |
| Warranty Deed | $285,000 | Cleveland Cnty Abstract & Tt | |
| Joint Tenancy Deed | $240,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $79,000 | New Conventional |
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
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
-
Karen McIntosh
Buyer's Agent in 2021
Karen McIntosh
Dillard Cies Real Estate
(405) 590-2763
4 in this area
180 Total Sales
-
Tom McAuliffe
Seller's Agent in 2016
Tom McAuliffe
Dillard Cies Real Estate
(405) 550-1929
2 in this area
100 Total Sales
-
Frank Schuster
Buyer's Agent in 2016
Frank Schuster
RE/MAX
(405) 818-4017
114 Total Sales
Map
Source: MLSOK
MLS Number: 725278
APN: R0048208
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