2 months on rocket

627 W Acres St, Norman, OK, 73069

$350,000

Home List Price

$4,156*

Closing Credit

6 Bedrooms
5 Full Baths
2,892 SqFt
$121/SqFt
Multi

Location

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627 W Acres St, Norman$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1950
MLS #1137292
Lot Size0.14 Acres
StatusActive

About 627 W Acres St

Fantastic investment opportunity 1 mile from campus in Norman. 5 units total, 3 are currently rented. 4 of 5 units have been recently renovated, and the property has a new roof as of August 2024. Nice backyard area with storage. Amazing cashflow potential with just a little work to complete the last unit's renovation. Properties like this don't come along often- check it out today!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Traditional
  • Year Built: 1950
  • Stories: 2
  • Living Area: 2,892 SqFt

Listing Office:

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

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Virtual/3D Tour

  • Virtual Tour: 627 W Acres St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: Heading East on Robinson, turn South on Flood, then Right on Acres Street. Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $121/SqFt

Tax Information:

  • Annual Amount: $1,587
  • 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

627 W Acres St vs Norman

77 DAYS ON ROCKET

+37 Days

$350,000

+$74.9K More

$121/SqFt

-$37 Less

KEY TAKEAWAY

This property is $74.9K more than the Median Sold Price and $37/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: #1137292

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: 12/18/2024, 12:14:50 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$1,587$13,362
2019$1,565$13,363
2018$1,583$13,363
2017$1,541$13,363

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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-4534472
5
/10

  • Wilson Elementary School

  • 800 N Peters Ave

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-4534473
7
/10

  • Jefferson Elementary School

  • 250 N Cockrel Ave

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-4534474
4
/10

  • Adams Elementary School

  • 817 Denison Dr

  • 0.72 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 $40,987. The most common annual income of people living in Norman, OK is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Oklahoma›Cleveland County›Norman›73069›627 W Acres St

This home is located at 627 W Acres St in Norman, OK and zip code 73069 in the Old Silk Stocking neighborhood. This 2,892 square foot home, which was built in 1950, sits on a 0.14 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $350,000.

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. The number of homes for sale in Norman, OK decreased by 3.9% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $275,013.

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

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