1322 Commerce Dr, Norman, OK 73071 Property Records

Cleveland County property record for 1322 Commerce Dr, Norman, OK 73071

Property Summary

Property Type	Duplex
Details	6 bd · 4 ba · 2,248 sqft · built 2004
Lot Size	0.324 acres (14,113 sqft)
Owner	Company Name on Record
Last Sale	$880,000 (Jul 2023)
Tax Bill	$3,663 (2025)
Deeds & Mortgages	May 2026 Construction Loan May 2026 Construction Loan + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R0138715`

Property Details

APN / Parcel Number

Primary APN	`R0138715`
Alternative APNs	`NC29EALP3 3 6C001` `138715`

Interior

Bedrooms	6 Beds
Full Baths	4 Baths
Total Rooms	8 Rooms
Units	2 Units
Stories	1 Story
Building Area	2,248 sqft Living Area
Gross Area	2,848 sqft
1st Floor Area	2,248 sqft
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2004
Architectural Style	Duplex Single
Exterior Material	Combination
Construction Type	Steel Frame
Roof Type	Gambrel
Roof Material	Asphalt
Lot Area	14,113 sqft (0.324 acres)
View / Lot	Business Cluster
Garage Type	Attached
Garage Area	600 sqft
Porch	Porch
Porch Area	70 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	138715
Street Address	1322 COMMERCE DR
City	NORMAN
State	OK
Zip	73071-8801
Property Category	Residential
Property Type	Residential > Multi-Unit > Duplex
Local Zoning Code	C2
Legal Description	EAST LINDSEY PLAZA SEC 3 E54 OF LT 7 AND W16.58 OF LT 8 BLK 3 AKA LOT 6C
Legal Range	02W
Legal Township	08
Legal Section	04
Legal Subdivision	EAST LINDSEY PLAZA 3
Legal Block	3
Legal Lot Number	6C
Jurisdiction	CLEVELAND OK
Township / Civil Division	NORMAN
Census Block Group	1
Census Block	1017
Census Tract	201302

Owner

Source: Cleveland County records, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	1322 COMMERCE DR, NORMAN, OK 73071-8801
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
May 22, 2026	Warranty Deed, Construction Loan · Construction Mortgage PARK PLACE FINANCE LLC
May 22, 2026	Warranty Deed, Transfer · Construction Mortgage PARK PLACE FINANCE LLC
Feb 8, 2021	Deed, Transfer · Conventional Mortgage RAYSTAR MORTGAGE GROUP INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 13, 2023 · Amount on Record
Deed Sale	Jul 13, 2023 · Amount on Record
Prior Sale	Feb 8, 2021 · Amount on Record
Deed Document Number	202318812
Deed Book / Page	6568 / 235
Record Updated	Oct 29, 2026

May 2026: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	CLEVELAND OK
Recording Date	May 22, 2026
Property Address	1322 COMMERCE DR, NORMAN, OK 73071-8801
Document Number	R202614681
Book / Page	6967 / 1498
Instrument Date	May 13, 2026
Instrument	202614681
Transaction Type	Construction Loan
Record Updated	Aug 29, 2026
Title Company	LEGACY TITLE, LEGACY TITLE OF OKLAHOMA

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000014682,
Date	May 22, 2026
Instrument	202614682

Lender

Name	PARK PLACE FINANCE LLC

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Jun 1, 2027

Interest

Max Rate	-1%

May 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CLEVELAND OK
Recording Date	May 22, 2026
Property Address	1322 COMMERCE DR, NORMAN, OK 73071-8801
Document Number	0000014681
Book / Page	6967 / 1498
Instrument Date	May 13, 2026
Instrument	202614681
Transaction Type	Transfer
Record Updated	Jul 12, 2026
Title Company	LEGACY TITLE OF OKLAHOMA

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000014682,
Date	May 22, 2026
Instrument	202614682

Lender

Name	PARK PLACE FINANCE LLC

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Jun 1, 2027

Interest

Rate	6.37%
Max Rate	-1%

February 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	CLEVELAND OK
Recording Date	Feb 8, 2021
Property Address	1322 COMMERCE DR, NORMAN, OK 73071-8801
Document Number	R202105355
Book / Page	6190 / 34
Map Reference	MB 3804 PG 1337
Instrument Date	Jan 28, 2021
Instrument	R 2021 05355
Transaction Type	Transfer
Record Updated	Feb 9, 2026
Title Company	NATIONS TITLE/OKC, NATIONS TITLE OF OKC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$306.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	1322 MAGNOLIA DR, ADA, OK 74820-8917

Mortgage

Document Number	R202105356
Date	Feb 8, 2021
Instrument	R 2021 05356

Lender

Name	RAYSTAR MORTGAGE GROUP INC

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 1, 2051

Tax Assessment & Valuation

Source: Cleveland County assessment roll, as of February 9, 2026

Property Jurisdictions

Type	Name
State	Oklahoma
County	Cleveland County
Municipality	Norman City
Unified School District	Norman Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,663.00 (+14.54%)	$30,525 (+14.6%) Land $3,799 Building $26,726	$254,375 (-0.54%) Land $31,663 Building $222,712
2023	$3,198.00	$26,635 Land $3,394 Building $23,241	$255,766 Land $32,596 Building $223,170

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 20, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NORMAN UTILITIES AUTHORITY serves 104,868 people · EPA ID OK1020801
Water Source	Surface water
Last State Inspection	Sep 2022
Lead	Under 1 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line inventory Oct 2024
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 490 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
OEC Fiber Fiber	1,000 / 1,000
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: Verizon.

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