4 months on rocket

401 SE 12th Ave Unit 206, Norman, OK, 73071

$105,000

Home List Price

$1,247*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,392 SqFt
$75/SqFt
Condo

Location

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401 SE 12th Ave Unit 206, Norman$105,000

Buyer Closing Credits

$1,247*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1976
HeatingCentral, Electric
CoolingCentral Air
FireplaceWood Burning
MLS #1128923
Lot Size0.09 Acres
StatusActive

About 401 SE 12th Ave Unit 206

Fantastic investment opportunity- currently rented at $1350 a month until April 2025. This exceptional condo, located in close proximity to OU campus, offers an unbeatable combination of convenience, comfort, and potential. Unit has ample space for tenants and the layout offers privacy between bedrooms and main areas. As an investment property, this condo offers incredible potential for student housing. Its prime location near the OU campus ensures a steady stream of prospective tenants, providing a reliable source of rental income. Tenants will enjoy the proximity to campus, allowing for quick and easy access. At the same time, the location allows access to all major areas of town without having to pass through campus traffic. Additionally, the surrounding neighborhood offers a vibrant array of shops, restaurants, and entertainment options for tenants. Residents of this community have access to two pools and tennis courts, further enhancing the overall living experience. Don't miss out on this incredible opportunity to own a condo near the OU campus.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1976
  • Living Area: 1,392 SqFt

Listing Office:

  • Office Name: LIME Realty
  • Office Phone: (405) 254-6310
  • Listing Agent: Lauren Durmus

Interior Features

Interior Information:

  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio-Covered

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Zero Lot Line
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading South on 12th from Alameda, turn left onto Triad Village Drive, right into the complex. Take the first left and unit is near the right side of the end of the parking lot, near the mailboxes.

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000
  • Price Per SqFt: $75/SqFt
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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

401 SE 12th Ave Unit 206 vs Norman

134 DAYS ON ROCKET

+94 Days

$105,000

-$170K Less

$75/SqFt

-$83 Less

KEY TAKEAWAY

This property is $170K less than the Median Sold Price and $83/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: #1128923

Listing Office:

  • Office Name: LIME Realty
  • Office Phone: (405) 254-6310
  • Listing Agent: Lauren Durmus

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: 12/17/2024, 11:59:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

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-4345109
3
/10

  • Kennedy Elementary School

  • 621 Sunrise St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-4345110
5
/10

  • Lincoln Elementary School

  • 915 Classen Blvd

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-4345111
5
/10

  • Le Monde International School

  • 1123 E Main St

  • 0.93 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 $20,531. Most Norman, OK residents have annual incomes less than $35k. The majority of families are 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.

Types of housing 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.

What is it like to live in Norman, OK?

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.

Is it easy to get around Norman, OK without a car?

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.

Transportation in Norman, OK.

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 401 SE 12th Ave Unit 206

What is the listing price of this property?

The listing price of 401 SE 12th Ave Unit 206 property is $105,000.

What type of property is this?

The property 401 SE 12th Ave Unit 206 is a condo located in Norman, Oklahoma, 73071.

Is this property for sale now?

Active Listing: 401 SE 12th Ave Unit 206 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 401 SE 12th Ave Unit 206 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 401 SE 12th Ave Unit 206 is 1,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 SE 12th Ave Unit 206 is 1976.

Rocket Homes›Oklahoma›Cleveland County›Norman›73071›401 SE 12th Ave Unit 206

This home is located at 401 SE 12th Ave Unit 206 in Norman, OK and zip code 73071. This 1,392 square foot home, which was built in 1976, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $105,000.

Norman, OK housing market in November 2024 saw over 12 listings sold above listed price, more than 26 sold at listed price and over 54 sold below. In November 2024 in Norman, OK there were 3.9% less homes for sale than in October 2024. Listings spent 40 days on the market in November 2024, and had a median list price of $275,013 during the same period.

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

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