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616 N Peters Ave, Norman, OK, 73069

5beds
5baths
6,700sqft
$590,000
$88price/sqft
$4,542/moest. monthly cost
$181,680/yrincome needed

About This Home

AMAZING VICTORIAN HOME IN CORE NORMAN! This rare opportunity sits on 8 full lots and is just a short walk to the Downtown Arts District and campus, offering the perfect blend of historic charm and unbeatable location. Much of the major work has already been completed, including new footings and foundation, updated framing, all-new plumbing, electrical, ductwork, and an impressive $80K investment in new PELLA windows and doors. Designed with incredible potential, the home can accommodate up to 5 bedrooms, 3 bathrooms, 3 living areas, plus a study and balcony—a layout ideal for both comfortable living and grand entertaining. Outside, the property includes a separate oversized, 1242 sqft, 3-car garage, providing ample space for parking, storage, or a workshop. This remarkable Victorian is ready for the next owner to finish the build-out and bring their vision to life. A one-of-a-kind project in one of Norman’s most sought-after neighborhoods!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
97
BikeBiker's Paradise

Schools

9/10
Wilson Elementary SchoolGrades PK-50.1 mi
6/10
Longfellow Middle SchoolGrades 6-80.4 mi
9/10
Norman North High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic,Victorian
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 2
  • 1/2 bathrooms: 3

Features

  • Number of fireplaces: 2
  • Fireplace: Yes

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 6,700
  • Total interior livable area: 6,700 sqft

Property

Details

  • Parcel number: 616NPeters73069
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 0.36 Acres
  • Features: Interior Lot

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
Tornado
Winter Weather
Heat Wave
Strong Wind

FEMA Declared Disasters in Cleveland County and Oklahoma

Fire
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,983$35,796
Home Insurance $609$7,308
Property Taxes $452$5,424
Electricity $498$5,980
Total$4,542$54,504

Income You'd Need if You Spent...

35% on housing$155,725/yr
40% on housing$136,260/yr
45% on housing$121,120/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$88This listing

vs Other Active Listings

Avg $/sqft

ZIP 73069$179
Cleveland County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 73069$170
Cleveland County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-05Listed for sale$590,000
2016-02-02Sold$200,000
2013-07-18Listing removed$226,000
2012-10-29Price change$226,000
2012-09-07Price change$248,000
2012-05-23Price change$289,900
2012-05-10Listed for sale$310,000

For Sale by Agent

AgentBarry Hurley, Dillard Cies Real Estate
BrokerageDillard Cies Real Estate

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