NOT LISTED FOR SALE

1514 Forest Bay Ct Wixom, MI 48393

Estimated Value: $799,000 - $1,028,917

5 Beds
3.5 Baths
3,060 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $990,000 $324 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,237/month

2 Days on Market

Highlights

  • Beach Front
  • 0.8 Acre Lot
  • Cape Cod Architecture
  • Loon Lake Elementary School Rated A-
  • Lake Privileges
  • Deck

About This Home

As of June 2023

MAGNIFICENT LAKEFRONT HOME, 5,000+ SF finished living space, on .8 acre, in desirable Loon Lake Woods Sub, on private, all-sports Loon Lake! Absolutely Breathtaking-lake views from all rooms, gorgeous professional landscaping, w/many perennials, paver walkways, w/park-like stone seating areas, tiered patios, 2 firepits, Koi pond, private dock for your boat & relaxing sunsets. Meticulously maintained w/ SO MANY UPDATES! Features 1st floor Primary Bedroom Suite, w lake views, Bath w/granite, jacuzzi tub, dbl sinks, walk-in shower, vanity, WIC. Spacious Great Room, w vaulted ceiling, gas fireplace, wall of windows; Open Kitchen w/ plenty of oak cabinets, granite counters, 8-person bar seating, walk-in-pantry & Nook surrounded by windows & lake views, w/ door leading to newer Trex deck overlooking nature & the lake! A second Nook/sitting/coffee bar area, w/ built-in cabinets, right next to the kitchen. Formal Dining Room, 1st flr. laundry room & Lav completes the entry level. Upstairs provides 3 excellent sized Bedrooms, all new ceiling fans, 2 w/dbl closets, & Full Bath/tub/shower, granite, dbl sinks. SPECTACULAR walk-out lower level is fully & beautifully finished in detail, new carpet, large rec area & family room, perfect for entertaining/large gatherings, w/ newer 108" wall-sized projector TV, & surround speakers (included), fireplace, elaborate bar, mini fridge, wine cooler. Generously sized 5th Bedroom (daylight windows), Full Bath, a sauna, Exercise/flex Room, cedar closet & so much storage completes the fabulous lower level. 3+ car garage, under deck storage, for all your vehicles & toys. Full House Generator! MAJOR UPDATES: '20-new roof/gutters; '22-new toilets, basement carpeting, invisible fence; '18-all new PELLA Windows, New Driveway, 108" projection screen TV (included); '14 New Furnace/AC; '17 New Trex Deck, w/under storage; '23- 3 New Ceiling Fans. Original owners took pride in their home & it shows! BE IN BY SUMMER & ENJOY YOUR DREAM HOME ON THE LAKE! EXC LOCATION NEAR XWAYS, SHOPPING, RESTAURANTS!

Last Agent to Sell the Property

Rick Nessel

National Realty Centers, Inc License #6501378895 Listed on: 05/04/2023

National Realty Centers, Inc

Co-Listed By

Patty Nessel

National Realty Centers, Inc License #6501410981

Last Buyer's Agent

Ashley Crain

Hall & Hunter-Birmingham License #RCO-6501403240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997 | Remodeled in 2020

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 116.00 x 351.00
  • Beach Front
  • 116 Feet of Waterfront
  • Lake Front

HOA Fees

  • $33 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,060 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 3.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1729251007

Community Details

Overview

  • Loon Lake Woodlands Sub No 2 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,205

Year Built

Built in 1997 | Remodeled in 2020

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Colonial, Contemporary
  • Architecture Level: 2 Story
  • Assessment: 165.00
  • Year Built: 1997
  • State Equalized Value: 330960.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Jetted Tub, Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 20
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 5060
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 3060
  • Sq Ft Total Bsmt: 2068

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Loon Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 116
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 116.00
  • Waterfront Description: Beach Front, Beach Access, Direct Water Frontage, Lake Front, Lake Privileges, Water Front

Garage/Parking

  • Garage Size: 3.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: llwhaboard@gmail.com
  • Association Fee: 400
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Size Area: 0.80
  • Lot Dimensions: 116.00 x 351.00
  • Parcel Number: 1729251007

Tax Info

  • Tax Amount Summer: 8729.0000
  • Tax Amount Winter: 476.0000
  • Total Tax: 9205.0000
  • Taxable Value: 263580.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall, DIRFRT

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 14, 2023
Sold by
Paulson Michael S and Paulson Karen R
Bought by
Cummings James and Cummings Melissa
Seller's Agent
Rick Nessel
National Realty Centers, Inc
Buyer's Agent
Ashley Crain
Hall & Hunter-Birmingham
List Price
$899,900
Sold Price
$990,000
Premium/Discount to List
$90,100
10.01%
Views
24
Current Estimated Value
$916,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,323
Avg. Annual Appreciation
-2.17%
Original Mortgage
$828,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Loon Lake Woods Inc
Bought by
Paulson Michael S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cummings James $990,000 None Listed On Document
Paulson Michael S $138,280 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings James $107,000
Previous Owner Cummings James $828,000
Previous Owner Paulson Karen R $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $990,000 +10.0% $324 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $899,900 -- $294 / 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 $14,511 $438,160 $0 $0
2023 $9,168 $349,950 $0 $0
2022 $9,205 $330,960 $0 $0
2021 $9,112 $318,350 $0 $0
2020 $8,802 $317,340 $0 $0
2019 $9,166 $314,520 $0 $0
2018 $9,305 $314,990 $0 $0
2017 $9,028 $300,680 $0 $0
2016 $8,993 $297,520 $0 $0
2015 -- $273,110 $0 $0
2014 -- $238,010 $0 $0
2011 -- $217,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Nessel

    Seller's Agent in 2023

    Rick Nessel

    National Realty Centers, Inc

    (248) 361-0903

    7 in this area

    272 Total Sales

    Section Image
  • Patty Nessel

    Seller Co-Listing Agent in 2023

    Patty Nessel

    National Realty Centers, Inc

    (248) 225-6407

    6 in this area

    201 Total Sales

    Section Image
  • Ashley Crain

    Buyer's Agent in 2023

    Ashley Crain

    Hall & Hunter-Birmingham

    (248) 703-9609

    1 in this area

    114 Total Sales

    Section Image
  • Jill Laskey

    Buyer Co-Listing Agent in 2023

    Jill Laskey

    Crain Homes

    (248) 703-9609

    1 in this area

    67 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230026689

Realcomp

APN: 17-29-251-007

Michigan Oakland County Wixom 48393

1514 Forest Bay Ct, Wixom, MI

This home is located at 1514 Forest Bay Ct, Wixom, MI 48393 since 04 May 2023 and is currently estimated at $943,729, approximately $308 per square foot. This property was built in 1997. 1514 Forest Bay Ct is a home located in Oakland County with nearby schools including Loon Lake Elementary School, Sarah G. Banks Middle School, and Walled Lake Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes