NOT LISTED FOR SALE

390 Lakes Edge Dr Oxford, MI 48371

Downtown Oxford Neighborhood

Estimated Value: $477,000 - $644,000

3 Beds
2.5 Baths
1,895 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $522,500 $276 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,854/month

28 Days on Market

Highlights

  • 129 Feet of Waterfront
  • Dock Facilities
  • 2-Story Property
  • Oxford Middle School Rated A-
  • Tennis Courts
  • Ground Level Unit

About This Home

As of January 2023

This beautiful ranch home is located on Oxford Lake. With over a 100 feet of frontage on this electric motor lake you'll have a front row seat for year round entertainment. This home offers 3 bedrooms, two on the entry floor, the third in the lower walk out level. Tastefully updated kitchen and bath, first floor laundry and an amazing 3 season room with amazing views of the lake. Too many updates to list! Make this lovely home yours!

Last Agent to Sell the Property

Crystal Marsh

Max Broock, REALTORS®-Birmingham License #6501328695 Listed on: 11/18/2022

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Rachael Abraham

Max Broock, REALTORS®-Bloomfield Hills License #6501331923

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978 | Remodeled in 2020

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 129x107
  • 129 Feet of Waterfront
  • Lake Front

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,895 Sq Ft Home
  • Partially Finished Basement
  • Fireplace in Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Tennis Courts
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutter Guard System

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • In Rhodes Management/Www.Inrhodes.Com Association, Phone Number (248) 652-8221

Listing and Financial Details

  • Assessor Parcel Number 0426401009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,143

Year Built

Built in 1978 | Remodeled in 2020

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 2 Story
  • Year Built: 1978
  • State Equalized Value: 133720.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Basement
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2895
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1895
  • Sq Ft Total Bsmt: 1585

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Oxford Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Gutter Guard System, Lighting, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 129
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 129.00
  • Waterfront Description: Direct Water Frontage, Lake Front

Garage/Parking

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

  • Association Fee Frequency: Annually
  • Phone: 248-652-8221
  • Association Fee: 450
  • Association Contact: In Rhodes Management/www.inrhodes.com
  • Association Fee: Yes

Schools

  • School District: Oxford

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.32
  • Lot Dimensions: 129x107
  • Parcel Number: 0426401009

Tax Info

  • Tax Amount Summer: 3309.0000
  • Tax Amount Winter: 834.0000
  • Total Tax: 4143.0000
  • Taxable Value: 96310.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities, DIRFRT

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 9, 2023
Sold by
Thomas A Needham A and Thomas Cathy A
Bought by
Burbank Scott W and Burbank Laura L
Seller's Agent
Crystal Marsh
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Rachael Abraham
Max Broock, REALTORS®-Bloomfield Hills
List Price
$555,000
Sold Price
$522,500
Premium/Discount to List
-$32,500
-5.86%
Views
48
Current Estimated Value
$582,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,261
Avg. Annual Appreciation
3.36%
Original Mortgage
$418,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2017
Sold by
Needham Thomas A and Needham Cathy
Bought by
Needhamtr Thomas A and Needham Cathy A

Purchase Details

Closed on
Dec 31, 1998
Sold by
Samet Steven M
Bought by
Needham Thomas A
Source: Public Records

Range of Values:

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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
Burbank Scott W $522,500 --
Needhamtr Thomas A -- None Available
Needham Thomas A $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burbank Scott W $300,000
Closed Burbank Scott W $418,000
Previous Owner Needham Thomas A $107,604
Closed Needham Thomas A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $522,500 -0.5% $276 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $525,000 -5.4% $277 / Sq Ft
11/18/2022 11/18/22 For Sale $555,000 -- $293 / 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 $7,766 $231,040 $0 $0
2023 $3,402 $201,540 $0 $0
2022 $4,229 $133,720 $0 $0
2021 $4,047 $131,080 $0 $0
2020 $3,129 $132,690 $0 $0
2019 $2,805 $130,890 $0 $0
2018 $3,687 $132,120 $0 $0
2017 $3,551 $130,370 $0 $0
2016 $3,536 $119,140 $0 $0
2015 -- $108,730 $0 $0
2014 -- $99,070 $0 $0
2011 -- $83,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Marsh

    Seller's Agent in 2023

    Crystal Marsh

    Max Broock, REALTORS®-Birmingham

    (248) 225-4269

    1 in this area

    98 Total Sales

    Crystal Marsh
    Section Image

  • R

    Buyer's Agent in 2023

    Rachael Abraham

    Max Broock, REALTORS®-Bloomfield Hills

    Section Image
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Map

Source: Realcomp

MLS Number: 20221062505

Realcomp

APN: 04-26-401-009

Michigan Oakland County Oxford 48371 Downtown Oxford

390 Lakes Edge Dr, Oxford, MI

This home is located at 390 Lakes Edge Dr, Oxford, MI 48371 since 18 November 2022 and is currently estimated at $582,761, approximately $307 per square foot. This property was built in 1978. 390 Lakes Edge Dr is a home located in Oakland County with nearby schools including Lakeville Elementary School, Oxford Middle School, and Oxford 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
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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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