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Sold for $255,000
  • $255,000

    405 Margaret Dr, Norman, OK 73069

    3beds
    1,267sqft
    Single Family Residence
    Built in 1961
    8,276 Square Feet Lot
    $253,500 Zestimate®
    $201/sqft
    $1,514 Estimated rent

    Home value

    $253,500

    $238,000 - $269,000

    $1,514/mo

    Zestimate® history
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    What's special

    Two bonus outbuildingsBrick ranchSpacious fenced backyardCharming beadboard wainscotingUpdated kitchenGorgeous mature treeThree bedrooms offer flexibility
    Classic Norman charm meets thoughtful updates in this well-loved brick ranch just minutes from the University of Oklahoma. Whether you're a first-time buyer, a Sooner parent looking for something smarter than a dorm, or an investor building your Norman portfolio — this one deserves a serious look. Inside, warm hardwood floors and generous windows fill the living room with natural light. The updated kitchen features white cabinetry, tile backsplash, stainless appliances, and an eat-in dining area with charming beadboard wainscoting — functional, fresh, and move-in ready. The primary bath has been beautifully renovated with timeless updates. Three bedrooms offer flexibility for family, guests, or roommates. The roof is only 2 years old — one less thing to think about. Step outside to a spacious fenced backyard anchored by a gorgeous mature tree and two bonus outbuildings with serious potential. The neighboring property to the north has already converted a similar outbuilding structure into an ADU — making this a compelling opportunity to add rentable square footage and real long-term value. The covered back patio with string lights is made for Norman evenings. Close to OU campus, Brookhaven Country Club, and everything Norman has to offer. Smart price. Real upside.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Bytyqi 405-757-7001,

    Verbode

    Bought with:

    Gabrielle Robinson, 211253

    Bailee & Co. Real Estate

    Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1215264MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,267
    • Total interior livable area: 1,267 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 8,276 Square Feet
    • Features: Interior Lot
    Details
    • Additional structures: Outbuilding, Workshop
    • Parcel number: 405NONEMargaret73069
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick & Frame
    • Foundation: Conventional
    • Roof: Composition
    Condition
    • Year built: 1961

    Community & HOA

    Location
    • Region: Norman

    Financial & listing details

    • Price per square foot: $201/sqft
    • Tax assessed value: $165,740
    • Annual tax amount: $2,269
    • Date on market: 2/20/2026

    Price history

    DateEventPrice
    4/17/2026Sold$255,000-7.3%$201/sqft
    Source: MLSOK/OKCMAR as distributed by MLS GRID #1215264 Report a problem
    3/2/2026Pending sale$275,000$217/sqft
    Source: MLSOK/OKCMAR as distributed by MLS GRID #1215264 Report a problem
    2/20/2026Listed for sale$275,000+86.4%$217/sqft
    Source: MLSOK/OKCMAR as distributed by MLS GRID #1215264 Report a problem
    7/30/2018Sold$147,500-6.6%$116/sqft
    Source: MLSOK/OKCMAR as distributed by MLS GRID #821175 Report a problem
    6/25/2018Pending sale$157,900$125/sqft
    Source: Keller Williams Realty Mulinix #821175 Report a problem
    6/22/2018Price change$157,900-1.3%$125/sqft
    Source: Keller Williams Realty Mulinix #821175 Report a problem
    5/27/2018Listed for sale$159,900+23%$126/sqft
    Source: Keller Williams Realty Mulinix #821175 Report a problem
    5/28/2014Sold$130,000$103/sqft
    Source: MLSOK/OKCMAR as distributed by MLS GRID #549824 Report a problem
    4/18/2014Listed for sale$130,000+6.6%$103/sqft
    Source: MANAGEMENT ONE REAL ESTATE GROUP #271013 Report a problem
    9/30/2013Sold$122,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,387 +5.2%$19,888 +5%
    2024$2,269 +4.8%$18,941 +5%
    2023$2,166 +11.6%$18,039 +7%
    2022$1,941 -5.1%$16,856
    2021$2,046 +2.2%$16,856
    2020$2,002 +0.3%$16,856
    2019$1,995 +13.1%$16,856 +13.1%
    2018$1,764 $14,901
    2017$1,764 $14,901 +0.1%
    2016-- $14,887 +5%
    2015-- $14,178 +11.1%
    2014$1,656 $12,759 +83%
    2013-- $6,972
    2012-- $6,972
    2011-- $6,972
    2010-- $6,972
    2009-- $6,972
    2008-- $6,972 -42.8%
    2007-- $12,199 +40.8%
    2006-- $8,667 +27%
    2005-- $6,827
    2004-- $6,827
    2003-- $6,827
    2002-- $6,827
    2001-- $6,827
    Find assessor info on the county website

    Neighborhood: 73069

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Jackson ES
    • Middle: Alcott MS
    • High: Norman HS

    Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $253,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $253,500