9 months on rocket

503 Basin Way, Norman, OK, 73071

$594,894

Home List Price

$7,064*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,617 SqFt
$227/SqFt
House

Location

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503 Basin Way, Norman$594,894

Buyer Closing Credits

$7,064*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Garage3 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
FireplaceGas Log
MLS #1103639
StatusActive

About 503 Basin Way

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2024
  • Stories: 1
  • Living Area: 2,617 SqFt

Listing Office:

  • Office Name: Principal Development LLC
  • Office Phone: (405) 486-9814
  • Listing Agent: Vernon McKown

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fans(s), Laundry Room
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio-Covered, Covered Porch

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Concrete

Virtual/3D Tour

  • Virtual Tour: 503 Basin Way
Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pine Creek is located off of Tecumseh Road between North Porter Avenue and 12th Avenue NE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $594,894
  • Price Per SqFt: $227/SqFt
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Housing Market Comparison

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

Med. Sold Price

$275K

Med. Price/SqFt

$158

Avg. Days On Market

40

# of Sold Homes

92

503 Basin Way vs Norman

279 DAYS ON ROCKET

+239 Days

$594,894

+$319.8K More

$227/SqFt

+$69 More

KEY TAKEAWAY

This property is $319.8K more than the Median Sold Price and $69/SqFt more than other homes in Norman, OK.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLSOK
  • MLS Number: #1103639

Listing Office:

  • Office Name: Principal Development LLC
  • Office Phone: (405) 486-9814
  • Listing Agent: Vernon McKown

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: 12/18/2024, 10:14:58 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

$3,037

Per 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.

Nearby Schools

school-card-donut-114952
10
/10
  • McKinley Elementary School

  • 728 S Flood Ave

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-114953
5
/10
  • Wilson Elementary School

  • 800 N Peters Ave

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-114954
5
/10
  • Lincoln Elementary School

  • 915 Classen Blvd

  • 0.80 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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.

Rocket Homes›Oklahoma›Cleveland County›Norman›73071›503 Basin Way

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.

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