$10,000
closing credit¹
1311 Glen Oaks Ct Norman, OK 73071
Property details
About 1311 Glen Oaks Ct
This is a wonderful opportunity to own 5 remodeled 4-plexes with 20 2 bedroom, 1 bath units. This includes 1311 Glen Oaks Ct, 1315 Glen Oaks Ct(Assessor #R0094128), 1319 Glen Oaks Ct(assessor # R0094129), 1325 Glen Oaks Ct(assessor #R0094131) and 1331 Glen Oaks Ct(assessor #R0094136). Only one unit vacant at the moment. 2024 was a transition year getting rid of any problems and raising the rents some. Rents are still under market so there is much upside. Each 4 plex has it's own water meter for the 4 units. We have been paying the water but have been transitioning into charging the tenants $50 per month for this. We reduced some rents on units we recently leased but added the water charge. These units have been totally remodeled in the last few years with newer class 4 hail resistant roofs, vinyl siding, new windows and doors, remodeled bathrooms and kitchens. Most have newer ch/a and hot water tanks. The parking lot was resurfaced in the last few years and the concrete around the buildings replaced. No deferred maintenance here. Listing broker is an owner of the company that owns these units with real estate license #071687. Owner will consider owner financing subject to a credit application review. General terms would require 20% down at 6.5% for up to 30 years with an 8 year balloon. Do not disturb tenants. Only one vacant so that is the unit that will be shown until there is an accepted contract. I do have marketing videos of most of the units..available upon request. '
Highlights
Virtual tour
Summary
- MLS Number: 1098269
- MLS Name: MLSOK
- Office Name: RJH Realty Investments
- Office Phone: (405) 364-4801
- Listing Agent: Rudy Hymer
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 10:14:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![rear view of house featuring a yard and a patio](/homes/listing-images/46019056_S0470/S0470/S0470-R0100/OKC1098269/67901b9eb9112c2715879138.jpg?version=1737497963&width=640)
$2,450,000
1311 Glen Oaks Ct
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 02, 2015 | Home Sold | $437,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $8,035 | $965 |
2022 | $7,652 | $882 |
2021 | $7,652 | $882 |
2020 | $7,652 | $930 |
2019 | $7,653 | $897 |
2018 | $7,653 | $907 |
2017 | $7,653 | $922 |
History based on county public records data.
Nearby schools
7
Reagan Elementary School
Public District PK-5
0.3 mi
•1601 24th Ave SE
4
Kennedy Elementary School
Public District PK-5
0.9 mi
•621 Sunrise St
7
Madison Elementary School
Public District PK-5
1.6 mi
•500 James Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,145. Residents of Norman, OK typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Frequently asked questions
Living in Norman, OK
About 1311 Glen Oaks Ct
This home is located at 1311 Glen Oaks Ct in Norman, OK and zip code 73071. This 15,950 square foot home, which was built in 1982, sits on a 0.16 acre lot. Features: 40 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $2,450,000.
In January 2025 more than 8 listings in Norman, OK were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 46 were sold below. The inventory of homes for sale in Norman, OK between December and January 2025 increased by 4.9%. Listings spent 48 days on the market in January 2025, and had a median list price of $277,922 during the same period.