NOT LISTED FOR SALE

1318 Forest Bay Dr Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $934,000 - $1,069,000

4 Beds
4.5 Baths
3,422 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $872,500 $255 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,293/month

5 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Lake Privileges
  • Dock Facilities
  • Tennis Courts
  • 1-minute walk to Cass Lake Dry Dock Marina

About This Home

As of May 2022

Fantastic canal front brick & stone home off Cass Lake, Oakland County's largest & deepest lake! Tons of natural light flood the open foyer that leads to a sprawling great room with stunning water views, soaring ceilings, gas fireplace & pristine hardwood floors. Magnificent kitchen features updates including a new Sub-Zero refrigerator (2022), gorgeous granite, 5 burner gas stove (2019) & pantry cabinets with swing pullouts. First-floor master suite with balcony, 2 walk-in closets with California closets, double vanity & jetted tub. Lovely office with vaulted ceiling. Convenient 1st-floor laundry. Second master suite upstairs. Incredible lower level with massive wet bar, family hang-out area with gas fireplace, full bath & rec space. Enjoy 3 season BBQs on the composite deck or brick paver patio. New steel seawall, interior & exterior professionally painted, furnace & A/C (all in 2021) New roof (2018). HOA includes beach, tennis courts, parks & more. Lake living at its best - WOW!

Last Agent to Sell the Property

The Randy Miller Homes Team

RE/MAX Eclipse Clarkston License #6501355542 Listed on: 04/07/2022

RE/MAX Eclipse Clarkston

Last Buyer's Agent

Jim Agemy

EXP Realty Shelby Twp License #6501328302

EXP Realty Shelby Twp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1994 | Remodeled in 2019

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70.00x50.00
  • Private Waterfront
  • 65 Feet of Waterfront
  • Home fronts a canal
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Bar Fridge
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Free-Standing Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Canal Access
  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1334453002
  • $1,500 Seller Concession

Community Details

Overview

  • Forest Bay Forestbay.Org Association, Phone Number (248) 210-2670
  • Forest Bay Occpn 672 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,433

Year Built

Built in 1994 | Remodeled in 2019

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Contemporary
  • Architecture Level: 2 Story
  • Assessment: 82.39
  • Year Built: 1994
  • State Equalized Value: 325320.0000
  • Year Renovated: 2019
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Central Vacuum, High Spd Internet Avail, Intercom, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walk-Out Access
  • Kitchen Appliances: Water Purifier Owned, Dishwasher, Disposal, Exhaust Fan, Free-Standing Freezer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Bar Fridge
  • Total Sq Ft: 3422

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Cass Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exclusions: Yes
  • Exterior Features: Tennis Court, Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 65.00
  • Waterfront Description: Beach Access, Canal Access, Canal Front, Direct Water Frontage, Lake Privileges, Private Water Frontage, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Security
  • Association Fee Frequency: Quarterly
  • Phone: 2482102670forestbayassociation@gmail.com
  • Association Fee: 500
  • Association Contact: Forest Bay - forestbay.org
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.25
  • Lot Dimensions: 70.00X50.00
  • Parcel Number: 1334453002

Tax Info

  • Tax Amount Summer: 4472.0000
  • Tax Amount Winter: 2961.0000
  • Total Tax: 7433.0000
  • Taxable Value: 208280.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall, DIRFRT

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Wagner Christopher
Bought by
Christopher Wagner Living Trust and Wagner
Current Estimated Value
$1,020,980

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 12, 2022
Sold by
Wayne Mark Jack
Bought by
Wagner Christopher
Seller's Agent
The Randy Miller Homes Team
RE/MAX Eclipse Clarkston
Buyer's Agent
Jim Agemy
EXP Realty Shelby Twp
Sold Price
$872,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 3, 2021
Sold by
Gerlants Alexander and Gerlants Svetlana
Bought by
Mark Jack Wayne and Murray Kelly Sue
Seller's Agent
Anna Gerlants
National Realty Centers, Inc
Buyer's Agent
Christina Harman
Coldwell Banker Professionals
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Aug 8, 2015
Sold by
Gerlants Alexander and Gerlants Svetlana
Bought by
Gerlants Laura and Gerlants Alexander

Purchase Details

Closed on
Aug 20, 2001
Sold by
Kennedy George W
Bought by
Gerlants Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Christopher Wagner Living Trust -- None Listed On Document
Christopher Wagner Living Trust -- None Listed On Document
Wagner Christopher $872,500 Fidelity National Title
Mark Jack Wayne $740,000 Liberty Title
Gerlants Laura -- None Available
Gerlants Alexander $550,000 --
Kennedy George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy George $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $872,500 +17.9% $255 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/03/2021 03/03/21 Sold $740,000 -1.2% $216 / Sq Ft View Prior Sale
01/22/2021 01/22/21 For Sale $749,000 -- $219 / Sq Ft
Source: Realcomp

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 $9,076 $425,290 $0 $0
2023 $8,166 $381,820 $0 $0
2022 $12,736 $350,520 $0 $0
2021 $7,433 $325,320 $0 $0
2020 $4,420 $324,680 $0 $0
2019 $7,239 $331,860 $0 $0
2018 $7,183 $295,410 $0 $0
2017 $6,610 $295,410 $0 $0
2016 $6,606 $276,030 $0 $0
2015 -- $264,690 $0 $0
2014 -- $216,930 $0 $0
2011 -- $187,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Agemy

    Buyer's Agent in 2022

    Jim Agemy

    EXP Realty Shelby Twp

    (586) 741-1299

    4 in this area

    122 Total Sales

    Jim Agemy
    Section Image
  • Anna Gerlants

    Seller's Agent in 2021

    Anna Gerlants

    National Realty Centers, Inc

    (248) 954-5000

    1 in this area

    4 Total Sales

    Anna Gerlants
    Section Image

  • C

    Buyer's Agent in 2021

    Christina Harman

    Coldwell Banker Professionals

    (734) 697-1800

    2 in this area

    11 Total Sales

    Christina Harman
    Section Image
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Map

Source: Realcomp

MLS Number: 2220019468

Realcomp

APN: 13-34-453-002

Michigan Oakland County Waterford 48328 Waterford Township

1318 Forest Bay Dr, Waterford, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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