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708 Waterwood Drive

708 Waterwood Drive, Norman, OK 73072
House in Cleveland
Sold Jan 26, 2021
$161,500
$472,000 by Bokf Na
Mortgage
Sold Jul 28, 2020
$590,000
$472,000 by Bokf Na
Mortgage Due Aug 01, 2035
708 Waterwood Drive in Norman, OK was first built in 2006 and is 18 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 unknown style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 708 Waterwood Drive has 3,810 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 11,892 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 853 sqft. There are a total of 3 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 B. The condition of the building has been evaluated as good. 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, 708 Waterwood Drive sold most recently in Jan 11, 2021 for a total of $161,500. If you work out the math, that's approximately a cost of $34.63 per sqft. Before that, the property was also sold for $590,000 in Jul 20, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,338 in taxes each year. 708 Waterwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,436. If we break it down further, the land itself was valued at $13,903. Improvements to the property, however, were assessed at a total of $56,533. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Steel
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 853
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,892
  • Total Building Area: 4,663
  • Gross Building Area: 4,663
  • Building Area: 3,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR LAKE 4
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARBOR LAKE SEC 4 LOT 25 BLOCK 1

Ownership

  • Current Owner : LI MEI
  • Previous Owner : MERRICK JONATHAN
  • Previous Owner 2: MERRICK SANDRA J
  • Owner Before Previous Owner: NEIGHBORS STEVE W
  • Owner Before Previous Owner 2: NEIGHBORS MONA 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: 201514

Geography

  • Assessors Map Reference: 9N-3W-28-NE
  • Account Number: 134768
  • Section: 4
  • Parcel: R0134768
  • Block: 1
  • Lot: 25
  • Meridian: SEC 28 TWN 09 RNG 03W
  • Municipality: NORMAN SD
  • Latitude: 35.2276
  • Longitude: -97.5151

    Address

  • Full Address: 708 Waterwood Dr
  • Address - House Number: 708
  • Address - Street Name: Waterwood
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Norman
  • Carrier Code: R010
  • 4-Digit Zip Code: 4369
  • Zip Code: 73072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,338
  • Tax Rate Code Area: NC29

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 681,052
  • High Value: 789,696
  • Low Value: 572,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,000
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $472,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $607,950
  • Market Land Value: $120,000
  • Market Improvement Value: $487,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,436
  • Assessed Land Value: $13,903
  • Assessed Improvements Value: $56,533

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11816530856
  • Current Sale Price: $161,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R 2021 03355
  • Previous Sale Recording Date: Jul 28, 2020
  • Previous Sale Contract Date: Jul 20, 2020
  • Previous Sale Amount: $590,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BOKF NA
  • Previous Mortgage Transaction Date: Jul 28, 2020
  • Previous Mortgage Loan Amount: $472,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Norman



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Frequently Asked Questions

What neighborhood is 708 Waterwood Drive located in?
The 708 Waterwood Drive is a house located in the neighborhood of Cleveland in Norman, Norman.
What is the average sales price for listings in 708 Waterwood Drive?
The average sales price for units in 708 Waterwood Drive is $589,900 , or $142/sqft. currently.

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