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2500 Butler Drive

2500 Butler Drive, Norman, OK 73069
Property in Cleveland
Sold Dec 30, 2016
$245,000
$30,000 by Communication Federal Credit U
Mortgage Due Feb 01, 2028
Sold Jun 06, 2016
$160,000
$130,000 by Sooner State Bank
Mortgage Due Mar 15, 2017
2500 Butler Drive has been categorized by the local assessors in Norman, OK as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2500 Butler Drive has 2,533 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,602 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2500 Butler Drive sold most recently in Dec 30, 2016 for a total of $245,000. If you work out the math, that's approximately a cost of $80.62 per sqft. Before that, the property was also sold for $160,000 in Jun 3, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,393 in taxes each year. 2500 Butler Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,919. If we break it down further, the land itself was valued at $3,383. Improvements to the property, however, were assessed at a total of $16,536. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Steel
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 3,039
  • Gross Building Area: 3,129
  • Building Area: 2,533
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,533
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORMANDY ACRES 1ST
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORMANDY ACRES LOT 5 BLK 5

Ownership

  • Current Owner : FITZPATRICK AUDREY NICOLE
  • Current Owner 2: FITZPATRICK JUSTEN LAWRENCE
  • Previous Owner : ASHFORD INVESTMENTS INC
  • Owner Before Previous Owner: STEEN ANNICE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9N-3W-35-NE
  • Account Number: 39533
  • Parcel: R0039533
  • Block: 5
  • Lot: 5
  • Meridian: SEC 35 TWN 09 RNG 03W
  • Municipality: NORMAN SD
  • Latitude: 35.2163
  • Longitude: -97.479

    Address

  • Full Address: 2500 Butler Dr
  • Address - House Number: 2500
  • Address - Street Name: Butler
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: C020
  • 4-Digit Zip Code: 5059
  • Zip Code: 73069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,393
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 347,861
  • High Value: 408,132
  • Low Value: 287,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: COMMUNICATION FEDERAL CREDIT U
  • First Open Lien Mortgage Recording Date: Jan 17, 2023
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $250,939
  • Market Land Value: $42,627
  • Market Improvement Value: $208,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,919
  • Assessed Land Value: $3,383
  • Assessed Improvements Value: $16,536

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Transaction ID: 1992044952
  • Current Sale Price: $245,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: R 2016 43552
  • Previous Sale Recording Date: Jun 06, 2016
  • Previous Sale Contract Date: Jun 03, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Dec 30, 2016
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SOONER STATE BANK
  • Previous Mortgage Transaction Date: Jun 06, 2016
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 8
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Mar 15, 2017

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Frequently Asked Questions

What neighborhood is 2500 Butler Drive located in?
The 2500 Butler Drive is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 2500 Butler Drive?
The average sales price for units in 2500 Butler Drive is $0 currently.

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