NOT LISTED FOR SALE

1257 Shephards Ln Oxford, MI 48371

Estimated Value: $559,000 - $731,607

2.52 Acres
$264,941 Price per Acre
109,771 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $160,000

Est. 317% increase in value since last sale

Current estimated payment $3,907/month

199 Days on Market

Highlights

  • 85 Feet of Waterfront
  • 2.52 Acre Lot
  • Shared Waterfront

About This Lot

As of May 2023

Welcome to the prestigious North Oakland Woods, a beautiful private community in Northern Oakland County. Bring your building plans and relax in your new construction home. This lot is surrounded by mature trees with a large pond in the back yard to peacefully enjoy swimming, fishing, kayaking or paddle boarding. It will surely melt the stress away. This area is known for the best golf courses, along with two highly energetic downtowns, Lake Orion and Oxford being just minutes away, your entertainment lifestyle can meet relaxation here at this lot! This isn't the country lifestyle you'd expect! Winding paved roads with under 30 executive style homes, this lot provides the perfect mix you're looking for, large private lots, nature, trails, close to shopping, entertainment! Call now and get building before winter! Well installed by seller, survey, perk and plans available with accepted offer.

Last Agent to Sell the Property

Megan Spencer

RE/MAX Eclipse License #6501382918 Listed on: 10/04/2022

RE/MAX Eclipse

Last Buyer's Agent

Paul Diedrich

License #6501442205

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2.52 Acre Lot
  • Lot Dimensions are 209x504x200x85x684
  • 85 Feet of Waterfront

HOA Fees

  • $71 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0436201014

Community Details

Overview

  • North Oakland Woods Condo Occpn 2239 Subdivision

Recreation

  • Shared Waterfront

Property Details

Property Type

Land

Est. Annual Taxes

$1,493

Lot Details

2.52 Acres

HOA Fees

$71 per month

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 33000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Open water
  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Water Frontage Feet: 85.00
  • Waterfront Description: Shared Water Frontage

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: NORTH OAKLAND WOODS CONDO
  • Association Fee: 850

Lot Info

  • List Price per Acre: 69801.5800
  • Lot Size Area: 2.52
  • Lot Dimensions: 209x504x200x85x684
  • Parcel Number: 0436201014
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1386.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 1493.0000
  • Taxable Value: 33000.0000

MLS Schools

  • School District: Lake Orion

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
$667,652

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
$622,511
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$45,141

Purchase Details

Listed on
Oct 4, 2022
Closed on
May 2, 2023
Sold by
Lantzy Erin Emily and Lantzy Mark Jason
Bought by
Diedrich Paul
Seller's Agent
Megan Spencer
RE/MAX Eclipse
Buyer's Agent
Paul Diedrich
List Price
$175,900
Sold Price
$160,000
Premium/Discount to List
-$15,900
-9.04%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.96%
Original Mortgage
$128,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2021
Sold by
Latta Frederic J and Frederic J Latta Trust
Bought by
North Oakland Woods Estates Dev Llc

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

Purchase Details

Closed on
Oct 15, 2021
Sold by
North Oakland Woods Estates Development
Bought by
Lantzy Erin Emily and Lantzy Mark Jason

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 -- 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
Closed 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 List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $160,000 -9.0% --
04/21/2023 04/21/23 Pending -- -- --
10/04/2022 10/04/22 For Sale $175,900 -- --
Source: Realcomp

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
2025 $4,753 $349,410 $0 $0
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

  • Megan Spencer

    Seller's Agent in 2023

    Megan Spencer

    RE/MAX

    (248) 236-3997

    18 in this area

    88 Total Sales

    Megan Spencer
    Section Image

  • P

    Buyer's Agent in 2023

    Paul Diedrich

    Section Image
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Map

Source: Realcomp

MLS Number: 20221048371

Realcomp

APN: 04-36-201-014

Michigan Oakland County Oxford 48371

1257 Shephards Ln, Oxford, MI

Not Listed for Sale

Lots

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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