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707 Florence Terrace, Norman, OK 73071
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Siena Spgs — Norman, OK

$375,000 −4.8% since listing

707 Florence Terrace, Norman, OK 73071

4 BD · 3 BA · 2,113 sq ft · Built 2026

$177
per sq ft
10
days listed
0.22
acre lot
3-car
garage
Type
Single Family Residence
Year built
2026
Garage
3-car attached
HOA
$220 / yr
School district
Norman
MLS #
1250336

Beautiful home backs to greenbelt (with no homes directly behind you) and walking distance to the catch and release pond. Builder incentives: springler system, 2" white faux blinds, 2 garage door openers and Seller to contribute up to $8,000 Buyer's costs or uprades plus 1% of loan amount Lender credit with participating Lender. The home will have sprinkler system, two garage door openers, 2" faux blinds. This home has a great open concept floorplan: Upstairs you'll find a bonus room or make it a 5th Bedroom with half bathroom and closets. Downstairs are 4 bedrooms with one bedroom (an optional study) with closet, large laundry room and pantry area, cozy fireplace, center island with breakfast bar and spacious dining area. Large windows in the living and dining areas face the backyard. The main bathroom has double vanites with large walk-in shower and walk-in closet and a soaker tub. This home is within approx. 2 miles to OU campus and easy access to Hwy. 9. This property is located in an eligible area for Cleveland Co. bond program, which may offer down payment assistance to first time qualified home buyers while funds are available.

Price reduced$375,000
Oct 22, 2026 · −$10,000 (2.6%)
Price reduced$385,000
Oct 22, 2026 · −$9,100 (2.3%)
Listed for sale$394,100
Sep 22, 2026

History from MLS records since this home was listed.

Market context, not advice — your agent will help you decide.

If this home sells the way similar homes here did

$348,000 – $368,000

92.7% – 98.1% of the $375,000 list price

98.1%
median sale-to-list
24
median days on market
10
days this home has been listed
How we got this
  • Similar homes in ZIP 73071 sold for a median 98.1% of their final list price (40 sales).
  • 38% of them sold at or above list price.
  • They took a median 24 days to go under contract and close. This home has been listed 10 days.
  • The price has been reduced 2 times (4.8% below its original price).
  • Homes that sit longer or take price cuts have often sold below list here, so the range leans lower.

Source: MLSOK closed sales in ZIP 73071 with similar bedrooms and size, Aug 2026–Nov 2026 (40 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.

Talk it through with an agent

Monthly cost

— / month

Principal, interest, taxes, insurance, and HOA.

Assumes a $375,000 price, 20% down, 30-year fixed rate at 7.11% (APR 7.11%). Includes taxes, insurance, and HOA dues; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.

The MLS reports $5,455 in annual taxes, which may not reflect the next owner's assessment. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.

Principal & interest
—
Property taxes
—
Home insurance
—
HOA
—

Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.

Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Nov 12, 2026, via FRED. An average, not a quote.

Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.

What will insurance cost on this home?

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Liberty Link Group · licensed insurance agency

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Kurt Swink · Financial Concepts Mortgage

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Relationship disclosure: Homestead & Co's owner is a licensed mortgage loan officer with Financial Concepts Mortgage. Because of that relationship, this referral may provide the owner a financial or other benefit.

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Leave this unchecked and they will contact you by email only.

Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.

This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.

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Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.

MLSOK Listing provided courtesy of Debra Pletcher, Luxury Real Estate ((405) 630-9662). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Nov 9, 2026, 5:16 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.

The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.

Data last updated Nov 9, 2026, 5:16 PM CT. MLS # 1250336. Homestead & Co is a licensed Oklahoma real estate brokerage.

$375,000 −4.8%

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Norman · $318,000–$432,000 · 3–5 beds · 2–4 baths

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