NOT LISTED FOR SALE

385 Franklin Lake Cir Oxford, MI 48371

Estimated Value: $507,000 - $551,000

4 Beds
4 Baths
2,620 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $439,000 $168 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,302/month

20 Days on Market

Highlights

  • Lake Privileges
  • Colonial Architecture
  • Ground Level Unit
  • Oxford Middle School Rated A-
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of December 2023

Welcome to the epitome of luxury living in the highly desired Waterstone Community! This exquisite corner lot colonial boasts a perfect blend of elegance and functionality with its 4 large bedrooms, 2 full and 2 half baths. Step into an inviting open and airy floorplan, featuring a central living space that effortlessly connects the heart of the home. The beautiful maple kitchen, complete with a huge walk-in pantry, is a chef's dream. Revel in the comfort of newer Pergo and carpet flooring throughout, creating a seamless flow from room to room.The main floor hosts a convenient office space, ideal for those working from home or seeking a quiet retreat. Venture downstairs to the awe-inspiring finished lower level, designed for entertainment with a full wet bar and additional living space. The entertainment possibilities continue outdoors with a large stamped concrete patio, perfect for summer gatherings.This home is not only a haven of luxury but also practicality, featuring a large oversized 3-car side entry garage. The Waterstone Community itself is a gem, nestled around the renowned Boulder Pointe Golf Club, Metro-Detroit’s #1 public golf course. Residents also enjoy exclusive access to Lake Ridge Beach. Beyond the community, you'll find yourself conveniently close to everything Oxford has to offer, from vibrant bars and restaurants to miles of scenic walking trails and diverse shopping options. Don't miss the chance to make this exceptional property your new home – where luxury, comfort, and community converge!

Last Agent to Sell the Property

Jonathan Foukes

Move Realty LLC License #6504393425 Listed on: 11/11/2023

Last Buyer's Agent

Roni Dawod

Keller Williams Somerset License #RCO-6501398310

Keller Williams Somerset

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 96x128
  • Corner Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Lake Privileges

Location

  • Ground Level Unit
  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • Waterstone Association, Phone Number (248) 625-7203
  • Lakecrest At Waterstone Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0422307017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,648

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2005
  • State Equalized Value: 204490.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: De-Humidifier, Water Softener (owned), Wet Bar
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3820
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2620
  • Sq Ft Total Bsmt: 1333

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKERIDGE BEACH
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 96
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: 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: Community

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-625-7203
  • Association Fee: 500
  • Association Contact: Waterstone Association
  • Association Fee: Yes

Schools

  • School District: Oxford

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Near Golf Course
  • Lot Size Area: 0.28
  • Lot Dimensions: 96x128
  • Parcel Number: 0422307017

Tax Info

  • Tax Amount Summer: 4249.0000
  • Tax Amount Winter: 2399.0000
  • Total Tax: 6648.0000
  • Taxable Value: 188660.0000

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Dec 12, 2023
Sold by
Rozema Caley and Rozema Michael
Bought by
Djelaj Gjergj
Seller's Agent
Jonathan Foukes
Move Realty LLC
Buyer's Agent
Roni Dawod
Keller Williams Somerset
List Price
$469,900
Sold Price
$439,000
Premium/Discount to List
-$30,900
-6.58%
Views
174
Current Estimated Value
$531,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,211
Avg. Annual Appreciation
10.46%

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 10, 2020
Sold by
Swanson Brian M and Swanson Erica R
Bought by
Rozema Caley and Haas Michael
Seller's Agent
Dawn Hendrix
Coldwell Banker Professionals
Buyer's Agent
Anita Beaman
@properties Christie's Int'l R E Rochester
List Price
$369,000
Sold Price
$367,000
Premium/Discount to List
-$2,000
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$293,600
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2018
Sold by
Swanson Brian M and Swanson Erica R
Bought by
Swanson Brian M and Swanson Erica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2012
Sold by
Swanson Brian M and Swanson Erica R
Bought by
Swanson Brian M and Swanson Erica R

Purchase Details

Closed on
Aug 26, 2005
Sold by
Oxford East Village Llc
Bought by
Swanson Brian M and Swanson Erica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
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
Djelaj Gjergj $439,000 Sterling Title Agency
Rozema Caley $367,000 Ata National Title Group Llc
Swanson Brian M -- Amrock Inc
Swanson Brian M -- Amrock Inc
Swanson Brian M -- None Available
Swanson Brian M $312,715 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rozema Caley $293,600
Previous Owner Swanson Brian M $283,750
Previous Owner Swanson Brian M $46,900
Previous Owner Swanson Brian M $250,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $439,000 -4.5% $168 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/25/2023 11/25/23 Price Changed $459,900 -2.1% $176 / Sq Ft
11/11/2023 11/11/23 For Sale $469,900 +28.0% $179 / Sq Ft
07/10/2020 07/10/20 Sold $367,000 -0.5% $140 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $369,000 -- $141 / 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 $5,158 $229,340 $0 $0
2023 $4,249 $204,490 $0 $0
2022 $6,575 $191,910 $0 $0
2021 $6,285 $173,940 $0 $0
2020 $2,965 $162,940 $0 $0
2019 $4,333 $156,350 $0 $0
2018 $4,250 $151,060 $0 $0
2017 $4,084 $153,300 $0 $0
2016 $4,075 $149,860 $0 $0
2015 -- $147,250 $0 $0
2014 -- $137,490 $0 $0
2011 -- $108,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230095130

Realcomp

APN: 04-22-307-017