Check Availability

506 Cherry Creek Drive

506 Cherry Creek Drive, Norman, OK 73072
House in Cleveland
Sold Feb 14, 2020
$268,000
$263,145 by Interlinc Mortgage Services Ll
Mortgage Due Mar 01, 2050
Sold Sep 05, 2019
$160,000
$175,600 by The Yukon National Bank
Mortgage Due Aug 31, 2020
506 Cherry Creek Drive in Norman, OK was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 506 Cherry Creek Drive has 2,563 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 18,295 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with steel control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 506 Cherry Creek Drive sold most recently in Feb 5, 2020 for a total of $268,000. If you work out the math, that's approximately a cost of $85.38 per sqft. Before that, the property was also sold for $160,000 in Aug 28, 2019. 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 $3,748 in taxes each year. 506 Cherry Creek Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,209. If we break it down further, the land itself was valued at $4,046. Improvements to the property, however, were assessed at a total of $27,163. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 3,139
  • Gross Building Area: 3,615
  • Building Area: 2,563
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,563
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHERRY CREEK 4
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHERRY CREEK SEC IV LOT 15 BLK 1

Ownership

  • Current Owner : OSTERGAARD DANIEL GREGORY
  • Current Owner 2: MOORE ERIC GRAYSON
  • Previous Owner : GOALIE GIRL LLC
  • Owner Before Previous Owner: HAMRA ROBERT F
  • Owner Before Previous Owner 2: HAMRA TERESA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 201508

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9N-3W-34-NE
  • Account Number: 29125
  • Parcel: R0029125
  • Block: 1
  • Lot: 15
  • Meridian: SEC 34 TWN 09 RNG 03W
  • Municipality: NORMAN SD
  • Latitude: 35.2129
  • Longitude: -97.5009

    Address

  • Full Address: 506 Cherry Creek Dr
  • Address - House Number: 506
  • Address - Street Name: Cherry Creek
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: R039
  • 4-Digit Zip Code: 5127
  • Zip Code: 73072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,748
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 357,562
  • High Value: 414,602
  • Low Value: 300,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,145
  • First Open Lien Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • First Open Lien Mortgage Recording Date: Feb 14, 2020
  • First Open Lien Mortgage Loan Amount: $263,145
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $333,293
  • Market Land Value: $43,217
  • Market Improvement Value: $290,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,209
  • Assessed Land Value: $4,046
  • Assessed Improvements Value: $27,163

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Transaction ID: 11735304048
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2020 04615
  • Previous Sale Recording Date: Sep 05, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • First Mortgage Transaction Date: Feb 14, 2020
  • First Mortgage Loan Amount: $263,145
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE YUKON NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 05, 2019
  • Previous Mortgage Loan Amount: $175,600
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Aug 31, 2020

About Norman



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 224 Midway Drive, Norman, OK, 73072

$1,600 /mo

  • 3 Beds
  • 2 Baths
224 Midway Drive, Norman, OK, 73072 Listing by Sheila Aldridge
Unit for rent at 3213 Bismarc Lane, Norman, OK, 73072

$1,650 /mo

  • 3 Beds
  • 2 Baths
3213 Bismarc Lane, Norman, OK, 73072 Listing by Shavonne Buckner-Evans

Frequently Asked Questions

What neighborhood is 506 Cherry Creek Drive located in?
The 506 Cherry Creek Drive is a house located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 506 Cherry Creek Drive?
The average sales price for units in 506 Cherry Creek Drive is $0 currently.

Quantcast