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2305 Memphis Dr, Norman, OK, 73071

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
2 Full Baths
1,200 SqFt
$100/SqFt
House

Location

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2305 Memphis Dr, Norman$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1982
HeatingCentral
CoolingCentral Air
FireplaceWood Burning
MLS #1148000
Lot Size0.18 Acres
StatusActive

About 2305 Memphis Dr

Great Investment Opportunity in Norman! Please come out and have a look on Saturday from 1-3 pm! All offers will be due by Monday at 5:00 pm! Please contact listing agent with any questions and to schedule a showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Traditional
  • Year Built: 1982
  • Stories: 1
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Bailee & Co. Real Estate
  • Office Phone: (405) 650-1450
  • Listing Agent: Rachael Silverstein

Interior Features

Interior Information:

  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces

Virtual/3D Tour

  • Virtual Tour: 2305 Memphis Dr
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Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Will GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $100/SqFt

Tax Information:

  • Annual Amount: $1,206
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Norman, OK.

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Norman, OK

City

Med. Sold Price

$275K

Med. Price/SqFt

$158

Avg. Days On Market

40

# of Sold Homes

92

2305 Memphis Dr vs Norman

1 DAY ON ROCKET

-39 Days

$120,000

-$155K Less

$100/SqFt

-$58 Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price and $58/SqFt less than other homes in Norman, OK.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLSOK
  • MLS Number: #1148000

Listing Office:

  • Office Name: Bailee & Co. Real Estate
  • Office Phone: (405) 650-1450
  • Listing Agent: Rachael Silverstein

IDX Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:14:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,206$10,160
2019$1,191$10,160
2018$1,203$10,160
2017$1,180$10,160

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-774056
3
/10

  • Kennedy Elementary School

  • 621 Sunrise St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-774057
6
/10

  • Reagan Elementary School

  • 1601 24th Ave SE

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-774058
5
/10

  • Le Monde International School

  • 1123 E Main St

  • 1.52 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,239. Residents of Norman, OK typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Norman, OK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Norman, OK?

The housing landscape in Norman, Oklahoma, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and ranch-style designs, reflecting the region's historical roots and contemporary preferences. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The construction of homes in Norman spans several decades, with a notable number of properties built in the latter half of the 20th century.

Is Norman, OK a good place to live?

Norman prides itself on being a vibrant community with a strong sense of local culture and history. It is celebrated for its annual events, such as the Norman Music Festival and the Medieval Fair, which draw visitors from across the state and contribute to the city's lively atmosphere. The community's character is further defined by its commitment to the arts, education, and sports, largely influenced by the presence of the University of Oklahoma.

Are things conveniently located in Norman, OK?

Norman offers a comprehensive array of services to its residents. The educational system includes numerous public and private schools, catering to the needs of families and emphasizing academic excellence. Healthcare is well-supported with several hospitals and clinics providing a range of services from primary care to specialized treatments. The city also features a robust public library system and a variety of retail and dining options that showcase local flavors and craftsmanship. City initiatives are continually in place to adapt and improve these services to meet the evolving needs of the community.

What does the transportation in Norman, OK look like?

Transportation in Norman is facilitated by a network of roads and highways, including State Highway 9 and Interstate 35, which provide convenient access for commuting and travel. Public transit options are available, with bus services connecting key areas of the city. The community is increasingly focusing on enhancing walkability and bikeability, particularly around the university and downtown areas. Ride-sharing services are also operational in Norman, complementing the existing transportation infrastructure.

Frequently Asked Questions About 2305 Memphis Dr

What is the listing price of this property?

The listing price of 2305 Memphis Dr property is $120,000.

What type of property is this?

The property 2305 Memphis Dr is a house located in Norman, Oklahoma, 73071.

Is this property for sale now?

Active Listing: 2305 Memphis Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,206 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2305 Memphis Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2305 Memphis Dr is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2305 Memphis Dr is 1982.

Rocket Homes›Oklahoma›Cleveland County›Norman›73071›2305 Memphis Dr

This home is located at 2305 Memphis Dr in Norman, OK and zip code 73071. This 1,200 square foot home, which was built in 1982, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $120,000.

In November 2024, from all listings sold in Norman, OK there were more than 12 sold above asking price, over 54 sold below and more than 26 were sold right at the asked price. The number of homes for sale in Norman, OK decreased by 3.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $275,013, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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