See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

307 Summit Bnd, Norman, OK, 73071

4beds
4baths
2,555sqft
$370,000
$145price/sqft
$2,799/moest. monthly cost
$111,960/yrincome needed

About This Home

Motivated sellers, great price reduction, bring in an offer. This house is a block from scenic neighborhood lakes and walking distance a public library. This is a truly spacious, high-quality house. The living room feels open and welcoming, with high ceilings and a cozy, very charming stone fireplace! The office room is spacious enough to double as an extra bedroom if needed. The generous primary bedroom offers views of the backyard. It boasts a large walk-in closet, while the en-suite bathroom features a walk-in shower and a separate soaking bathtub with a Jacuzzi function. The home’s split layout also includes two well-sized bedrooms connected by a full bathroom for children or even a small apartment setup for elderly parents. Upstairs, a very large second-floor room (and half bath) offers endless possibilities —perfect for hobbies, movie nights, or a cozy winter playroom. Outside, there is a covered porch with a fireplace and gas line, a great setting for year-round gatherings. The backyard also features a concrete area for lounge chairs, or a pool where kids can splash and play. There is a secure ample shelter in the 3-car garage. Thoughtfully upgraded by the sellers, the home has hard flooring throughout, eliminating carpet to reduce allergens and make everyday cleaning effortless. Seller has done many other improvements to the property.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
6/10
Irving Middle SchoolGrades 6-81.0 mi
8/10
Norman High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 2009

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 2,555
  • Total interior livable area: 2,555 sqft

Property

Details

  • Parcel number: 307NONESummit73071
  • Special condition: None

Features

  • Levels: Multi/Split
  • Patio & porch: Patio,Porch,Deck

Lot

  • Lot size: 10,454 sqft
  • 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
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

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

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 $1,870$22,440
Home Insurance $456$5,472
Property Taxes $283$3,396
Electricity $190$2,280
Total$2,799$33,588

Income You'd Need if You Spent...

35% on housing$95,965/yr
40% on housing$83,970/yr
45% on housing$74,640/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

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 73071$154
Cleveland County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 73071$159
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)

Price History

DateEventPrice
2026-04-16Price change$398,500
2026-02-07Price change$399,000
2026-01-08Listed for sale$407,000
2025-10-10Listing removed$355,000
2025-09-03Price change$355,000
2025-07-11Listed for sale$365,000
2025-06-29Listing removed$370,000
2025-06-05Price change$370,000
2025-05-05Listed for sale$375,000
2025-04-21Listing removed$385,000
2025-02-05Listed for sale$385,000
2024-10-24Listing removed$420,000
2024-09-29Price change$410,000
2024-09-14Price change$420,000
2024-09-09Listed for sale$435,000
2022-03-23Sold$366,900
2022-03-11Pending sale$367,500
2022-02-18Listed for sale$367,500
2022-01-28Pending sale$367,500
2022-01-26Listed for sale$367,500
2016-03-29Listing removed$279,900
2016-03-04Listed for sale$279,900
2009-11-13Sold$270,000
2009-05-01Listing removed$289,570
2008-12-24Listed for sale$289,570
2008-09-03Sold$37,500

For Sale by Agent

AgentMaria Moreira
BrokerageMK Partners INC

Similar Homes