1 month 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
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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

$274.9K

Med. Price/SqFt

$158

Avg. Days On Market

45

# of Sold Homes

110

627 W Acres St vs Norman

47 DAYS ON ROCKET

+2 Days

$350,000

+$75K More

$121/SqFt

-$37 Less

KEY TAKEAWAY

This property is $75K 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: MLSGATEWAY
  • 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: 11/17/2024, 10:20:55 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-644090
5
/10

  • Wilson Elementary School

  • 800 N Peters Ave

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-644091
7
/10

  • Jefferson Elementary School

  • 250 N Cockrel Ave

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-644092
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. Residents of Norman, OK typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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.

While more than 11 listings in Norman, OK in October 2024 were sold above asking price, there were more than 24 listings sold at asking price, and more than 75 were sold below. The number of homes for sale in Norman, OK increased by 2.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $274,991, while the average time on the real estate market was 45 days.

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

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