NOT LISTED FOR SALE

1257 Shephards Ln Oxford, MI 48371

Estimated Value: $227,000 - $643,000

2.52 Acres
$156,361 Price per Acre
109,771 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $145,000

Est. 172% increase in value since last sale

Current estimated payment $2,442/month

604 Days on Market

Highlights

  • 2.52 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Oxford Middle School Rated A-

About This Lot

As of October 2021

Welcome to the prestigious North Oakland Woods Estates located in Oxford, minutes from downtown Oxford and Lake Orion, which provides ample shopping, dining and entertainment, including Oxford Hills Golf Course and Boulder Point. The majority of these home sites allow for a walk out or daylight basement, range in size from 2.5-6 acres and many are waterfront lots on the several natural lakes throughout the development. All of these sites fall into either the award winning Lake Orion and Oxford Schools. Major existing improvements include, paved roads, gas, electric and cable. This custom development not only includes all of the above, but also has beautiful winding roads, spacious wooded lots and has been cleared with care to preserve the mature trees and provide natural beauty in this location.

Last Agent to Sell the Property

Mike Blake

Epique Inc. License #MISPE-6502432626 Listed on: 01/28/2020

Epique Inc.

Last Buyer's Agent

Mike Blake

Epique Inc. License #MISPE-6502432626 Listed on: 01/28/2020

Epique Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,536

Lot Details

  • 2.52 Acre Lot
  • Lot Dimensions are 209x504x85x684
  • Lot Has A Rolling Slope
  • Wooded Lot

Utilities

  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$3,536

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Mail City: Oxford
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: Road

Utilities

  • Water: Private Well
  • Sewer/Septic System: Septic
  • Fuel On Site: Natural Gas

Schools

  • School District: Lake Orion Community Schools

Lot Info

  • Assessor Parcel Number: 00000000000
  • Acreage: 2.52
  • Lot Description: Rolling/Hilly, Wooded
  • Zoning: Residential
  • Lot Size: 209x504x85x684
  • Survey On File: Yes
  • Geo Subdivision: MI

MLS Schools

  • School District: Lake Orion Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Diedrich Paul
Bought by
Diedrich Paul and Musa Ethan
Current Estimated Value
$394,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Outstanding Balance
$625,641
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$261,703

Purchase Details

Closed on
May 2, 2023
Sold by
Lantzy Erin Emily and Lantzy Mark Jason
Bought by
Diedrich Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2020
Closed on
Oct 16, 2021
Sold by
Latta Frederic J and Frederic J Latta Trust
Bought by
North Oakland Woods Estates Dev Llc
Seller's Agent
Mike Blake
Epique Inc.
Buyer's Agent
Mike Blake
Epique Inc.
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.92%
Original Mortgage
$116,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2020
Closed on
Oct 15, 2021
Sold by
North Oakland Woods Estates Development
Bought by
Lantzy Erin Emily and Lantzy Mark Jason
Seller's Agent
Mike Blake
Epique Inc.
Buyer's Agent
Mike Blake
Epique Inc.
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diedrich Paul -- Liberty Title
Diedrich Paul $160,000 Premier Title
Diedrich Paul $160,000 Premier Title
North Oakland Woods Estates Dev Llc $25,000 First American Title
Lantzy Erin Emily $145,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diedrich Paul $639,000
Previous Owner Diedrich Paul $128,000
Previous Owner Lantzy Erin Emily $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $145,000 0.0% --
09/23/2021 09/23/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $145,000 0.0% --
07/27/2021 07/27/21 Off Market $145,000 -- --
01/28/2020 01/28/20 For Sale $145,000 -- --
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,536 $84,270 $0 $0
2023 $1,386 $33,000 $0 $0
2022 $1,827 $33,000 $0 $0
2021 $461 $27,500 $0 $0
2020 $456 $22,920 $0 $0
2019 $436 $22,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50004553

Michigan Multiple Listing Service

APN: 04-36-201-014