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708 Reed Avenue

708 Reed Avenue, Norman, OK 73071
Property in Cleveland
Sold Sep 08, 2021
Transfer
$127,415 by Quicken Loans Llc
Mortgage Due Jun 01, 2051
Sold Aug 07, 2019
$132,000
$129,609 by Quicken Loans Inc
Mortgage Due Sep 01, 2049
708 Reed Avenue in Norman, OK was first built in 1966 and is 58 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. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 708 Reed Avenue has 1,299 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 8,712 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip 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 550 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. Prior to that sales transaction, the property was also sold in Jul 19, 2019 for $132,000. 708 Reed Avenue was last assessed in 2023. The total value of the property was assessed at $15,954. Specifically, the land the property is located on was valued at $4,485. While improvements on the property were assessed at a total of $11,469. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,795. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • 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: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,849
  • Gross Building Area: 1,849
  • Building Area: 1,299
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MORNINGSIDE (NORMAN)
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MORNINGSIDE LOT 3 BLK 8

Ownership

  • Current Owner : SAUMUR MICHAEL JOHN
  • Previous Owner : SAUMUR CHRISTINA ELIZABETH
  • Owner Before Previous Owner: FRANK A AUGUSTA
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 15, 2024

Neighborhood

  • School District Name: Norman Public Schools
  • School Tax School District: NORMAN SD
  • Census Tract: 200602

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9N-2W-32-NE
  • Account Number: 38974
  • Parcel: R0038974
  • Block: 8
  • Lot: 3
  • Meridian: SEC 32 TWN 09 RNG 02W
  • Municipality: NORMAN SD
  • Latitude: 35.2151
  • Longitude: -97.4292

    Address

  • Full Address: 708 Reed Ave
  • Address - House Number: 708
  • Address - Street Name: Reed
  • Address - Suffix Type: Ave
  • State: OK
  • City Name: Norman
  • Carrier Code: C053
  • 4-Digit Zip Code: 4904
  • Zip Code: 73071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,795
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1885
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 202,188
  • High Value: 240,302
  • Low Value: 164,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,415
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $127,415
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $136,047
  • Market Land Value: $38,252
  • Market Improvement Value: $97,795

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,954
  • Assessed Land Value: $4,485
  • Assessed Improvements Value: $11,469

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Transaction ID: 11856680533
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: R 2021 38372
  • Previous Sale Recording Date: Aug 07, 2019
  • Previous Sale Contract Date: Jul 19, 2019
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Sep 08, 2021
  • First Mortgage Loan Amount: $127,415
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Aug 07, 2019
  • Previous Mortgage Loan Amount: $129,609
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Norman



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Frequently Asked Questions

What neighborhood is 708 Reed Avenue located in?
The 708 Reed Avenue is a located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 708 Reed Avenue?
The average sales price for units in 708 Reed Avenue is $0 currently.

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