9 months on rocket

507 Basin Way, Norman, OK, 73071

$719,889

Home List Price

$8,549*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,175 SqFt
$227/SqFt
House

Location

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507 Basin Way, Norman$719,889

Buyer Closing Credits

$8,549*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Garage3 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
FireplaceOther
MLS #1103641
StatusActive

About 507 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! Experience luxury and elegance in this stunning home. The living room features a vaulted ceiling with a wood beam, wood flooring, built-in shelving, cased windows, a gas fireplace, and beautiful double French doors leading to a spacious covered patio with a wainscoting ceiling—ideal for outdoor gatherings. The gourmet kitchen is a chef's dream, equipped with top-of-the-line Bertazzoni appliances, 10-foot custom cabinets, luxury quartz counters with a waterfall island, and a pantry that doubles as a "messy kitchen" with abundant storage and a prep sink. The primary suite is a true retreat, complete with its own fireplace. The spa-inspired ensuite bathroom includes a vaulted ceiling, a freestanding tub, dual vanities with quartz countertops, and a luxurious tiled shower. The massive walk-in closet connects directly to the laundry room, making laundry days a breeze. The ground floor also includes two studies or flex spaces and a computer nook, providing ample room for work and play. An ideal mudroom offers convenient storage for backpacks, jackets, and shoes. Upstairs, you'll find a den, two bedrooms, and a full bathroom. Pine Creek, a beautiful luxury community in Norman, OK features a neighborhood pool, spectacular clubhouse, pond with a pavilion, playground, and plenty of walking trails and green space to enjoy year-round. Nestled in a convenient location off of Tecumseh Road between North Porter Avenue and 12th Avenue NE., Pine Creek provides a peaceful setting and convenient access to I 35 and central Norman. Included features: * Peace-of-mind warranties * 10-year structural warranty *Tankless Hot Water Tank* Fully landscaped front & backyard * Fully fenced backyard.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,175 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: Other

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: 507 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: $719,889
  • Price Per SqFt: $227/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

507 Basin Way vs Norman

279 DAYS ON ROCKET

+239 Days

$719,889

+$444.8K More

$227/SqFt

+$69 More

KEY TAKEAWAY

This property is $444.8K 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: #1103641

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, 8:15:13 AM 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

$3,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,225

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-4444728
5
/10

  • Wilson Elementary School

  • 800 N Peters Ave

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-4444729
10
/10

  • McKinley Elementary School

  • 728 S Flood Ave

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-4444730
4
/10

  • Adams Elementary School

  • 817 Denison Dr

  • 0.79 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,357. The majority of Norman, OK residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living 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 507 Basin Way

What is the listing price of this property?

The listing price of 507 Basin Way property is $719,889.

What type of property is this?

The property 507 Basin Way is a house located in Norman, Oklahoma, 73071.

Is this property for sale now?

Active Listing: 507 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 507 Basin Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 507 Basin Way is 3,175 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Basin Way is 2024.

Rocket Homes›Oklahoma›Cleveland County›Norman›73071›507 Basin Way

This home is located at 507 Basin Way in Norman, OK and zip code 73071. This 3,175 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 $719,889.

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. The inventory of homes for sale in Norman, OK between October 2024 and November 2024 decreased by 3.9%. 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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