Maximize your savings with $20,000 your way. This can be used for covering closing costs, buying down your interest rate, or add select optional upgrades such as blinds, storm shelter, etc. Take advantage of these significant savings and flexibility to get into your dream home today! *Price reduced* The Ira features three bedrooms, two full baths, and a powder bath all on one level with just over 2600 square feet of living space. Enjoy the cozy shiplap fireplace and natural light that floods the living room with its cathedral ceiling, wood beam, wood flooring and the convenience of double French doors leading to the large covered back patio. The kitchen showcases an oversized double islands with luxury quartz countertops, 10-foot custom cabinets, and high-end built-in Bertazzoni appliances, accompanied by a generous pantry that features a prep sink and ultimate storage. Relax in your primary suite with its large windows, attached bath with a freestanding tub, and spacious tiled shower, water closet, and dual vanities with quartz countertops .The formal dining area is the perfect place to host dinner parties (or a perfect spot to convert to a study/flex space), while the powder bath ensures that guests have their own space to freshen up. The extended covered patio is ideal for outdoor entertaining. The secondary bedrooms connect via a Jack-and-Jill bathroom with dual quartz vanities. The utility/laundry room is nearby and provides easy access to the primary walk-in closet. Outside, you will find a two-car garage and separate single-car garage that provides plenty of storage and parking space. Included features: * Peace-of- mind warranties * Tankless hot water tank* 10-year structural warranty * Fully landscaped front & backyard * Fully fenced backyard. Floorplan may differ slightly from completed home.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,037
Per Month
Principal & Interest
$2,970
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,850
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
McKinley Elementary School
728 S Flood Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
5
/10
Wilson Elementary School
800 N Peters Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-5
5
/10
Lincoln Elementary School
915 Classen Blvd
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Nearby Schools
6
/10
Longfellow Middle School
215 N Ponca Ave
Distance between this listing and this school0.79 miles
Public District Grades 6-8
4
/10
Alcott Middle School
1919 W Boyd St
Distance between this listing and this school1.23 miles
Public District Grades 6-8
5
/10
Whittier Middle School
2000 W Brooks St
Distance between this listing and this school1.45 miles
Public District Grades 6-8
Nearby Schools
6
/10
Norman High School
911 W Main St
Distance between this listing and this school0.39 miles
Public District Grades 9-12
8
/10
Norman North High School
1809 Stubbeman Ave
Distance between this listing and this school1.56 miles
Public District Grades 9-12
5
/10
Noble High School
4601 E Etowah Rd
Distance between this listing and this school6.49 miles
The neighbors living near this home have an average income of $45,240. Typical income of Norman, OK residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 503 Basin Way
What is the listing price of this property?
The listing price of 503 Basin Way property is $594,894.
What type of property is this?
The property 503 Basin Way is a house located in Norman, Oklahoma, 73071.
Is this property for sale now?
Active Listing: 503 Basin Way is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 503 Basin Way has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 503 Basin Way is 2,617 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 503 Basin Way is 2024.
This home is located at 503 Basin Way in Norman, OK and zip code 73071 in the University neighborhood. This 2,617 square foot home was built in 2024. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $594,894.
Over 12 listings were sold over their listed price in November 2024 in Norman, OK. In the same period over 54 listings were sold below the listed price and 26 listings were sold for the listed price. 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.