NOT LISTED FOR SALE

425 Lakes Edge Dr Oxford, MI 48371

Downtown Oxford Neighborhood

Estimated Value: $408,000 - $521,000

4 Beds
2.5 Baths
2,103 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $245,000 $117 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,932/month

24 Days on Market

Highlights

  • 91 Feet of Waterfront
  • Home fronts a pond
  • Colonial Architecture
  • Oxford Middle School Rated A-
  • Lake Privileges
  • Deck

About This Home

As of May 2019

*OPEN HOUSE 3/9 from 11am-1pm*Welcome to Oxford Lakes! You want to live here! Beautifully maintained subdivision with sidewalks, two play structure parks, community beach and pavilion (which is also available to rent out for your private parties)! Imagine your new lifestyle in this 4 bedroom, finished walk out basement, which has the most peaceful and private views around! This lovely colonial has it all. Nature and water views are enjoyable from all the windows. Take a deep breath as you walk out to your large deck from 1 of 2 doorwalls. Entertainers delight, in this open flowing floor-plan, first floor laundry & mud room, bright new kitchen with new stainless steal appliances and a beautiful counter top and back splash. Home is equipped with smart switches. Walk or ride your bike, under 2 miles, to downtown Oxford and enjoy all the events, restaurants and shops this historic town has to offer. All sidewalks! Immediate occupancy is the icing on the cake!

Last Agent to Sell the Property

Megan Spencer

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501382918 Listed on: 02/27/2019

Berkshire Hathaway HomeServices Kee Realty Oxford

Last Buyer's Agent

Sana Brikho

St Jude Realty License #6501352780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 99x140
  • Home fronts a pond
  • 91 Feet of Waterfront
  • River Front
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Wetlands on Lot
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Oxford Lakes Sub No 1 Subdivision
  • Swim Association

Listing and Financial Details

  • Assessor Parcel Number 0426402015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,670

Year Built

Built in 1988

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Fireplace Fuel: Natural
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 3071
  • Sq Ft Lower Floor: 968
  • Total Sq Ft: 2103
  • Sq Ft Total Bsmt: 1010

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Oxford Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Frontage Feet: 99
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 91.00
  • Waterfront Description: Lake/River Priv, Pond, River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 400
  • Association Fee: Yes

Schools

  • School District: Oxford

Lot Info

  • Homestead: Yes
  • List Price per Acre: 854687.5000
  • Lot Features: Water View, Wetland/Swamp, Wooded
  • Lot Size Area: 0.32
  • Lot Dimensions: 99x140
  • Parcel Number: 0426402015

Tax Info

  • Tax Amount Summer: 4643.0000
  • Tax Amount Winter: 1027.0000
  • Total Tax: 5670.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 9, 2019
Sold by
Nelson Justin and Nelson Catherine
Bought by
Rabea Steve N
Seller's Agent
Megan Spencer
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Sana Brikho
St Jude Realty
List Price
$284,000
Sold Price
$245,000
Premium/Discount to List
-$39,000
-13.73%
Current Estimated Value
$460,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,353
Avg. Annual Appreciation
10.51%
Original Mortgage
$220,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 28, 2015
Sold by
Macocha Michael A and Rodda Macocha Lisa A
Bought by
Nelson Justin and Nelson Catherine
Seller's Agent
Audrey Letsinger
Temporary Inactive Users
Buyer's Agent
Don Huddleston
D A D Agency
List Price
$244,900
Sold Price
$234,600
Premium/Discount to List
-$10,300
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Mar 31, 2008
Sold by
Macocha Michael A and Rodda Macocha Lisa A
Bought by
Macocha Michael A and Rodda Macocha Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 30, 2006
Sold by
Macocha Michael A and Rodda Macocha Lisa A
Bought by
Michael & Lisa Macocha Revocable Trust and Macocha Michael A
Source: Public Records

Range of Values:

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Average Value
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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
Rabea Steve N $245,000 First American Title Ins Co
Nelson Justin $234,600 None Available
Macocha Michael A -- Title One Inc
Macocha Michael A -- Title One Inc
Michael & Lisa Macocha Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabea Steve N $217,000
Closed Rabea Steve N $220,500
Previous Owner Macocha Michael A $60,000
Previous Owner Macocha Michael A $165,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $245,000 -10.4% $117 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $273,500 -2.3% $130 / Sq Ft
03/06/2019 03/06/19 Price Changed $279,900 -1.4% $133 / Sq Ft
02/27/2019 02/27/19 For Sale $284,000 +21.1% $135 / Sq Ft
04/28/2015 04/28/15 Sold $234,600 -4.2% $112 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $244,900 0.0% $116 / Sq Ft
02/28/2013 02/28/13 Rented $1,700 -10.5% --
02/13/2013 02/13/13 Under Contract -- -- --
12/10/2012 12/10/12 For Rent $1,900 -- --
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 $4,754 $170,990 $0 $0
2023 $4,532 $149,090 $0 $0
2022 $5,633 $138,090 $0 $0
2021 $5,392 $135,240 $0 $0
2020 $4,168 $122,500 $0 $0
2019 $4,330 $160,040 $0 $0
2018 $5,691 $147,810 $0 $0
2017 $5,482 $145,540 $0 $0
2016 $5,459 $132,080 $0 $0
2015 -- $120,040 $0 $0
2014 -- $108,550 $0 $0
2011 -- $93,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Megan Spencer

    Seller's Agent in 2019

    Megan Spencer

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (248) 236-3997

    2 in this area

    87 Total Sales

    Megan Spencer
    Section Image
  • Sana Brikho

    Buyer's Agent in 2019

    Sana Brikho

    St Jude Realty

    (248) 755-3494

    238 Total Sales

    Sana Brikho
    Section Image

  • A

    Seller's Agent in 2015

    Audrey Letsinger

    Temporary Inactive Users

  • Don Huddleston

    Buyer's Agent in 2015

    Don Huddleston

    D A D Agency

    (248) 766-0181

    60 Total Sales

    Don Huddleston
    Section Image
  • Don Robinson

    Buyer's Agent in 2013

    Don Robinson

    Century 21 Professionals

    (248) 770-6635

    52 Total Sales

    Don Robinson
    Section Image
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Map

Source: Realcomp

MLS Number: 219016712

Realcomp

APN: 04-26-402-015

Michigan Oakland County Oxford 48371 Downtown Oxford

425 Lakes Edge Dr, Oxford, MI

This home is located at 425 Lakes Edge Dr, Oxford, MI 48371 since 27 February 2019 and is currently estimated at $460,353, approximately $218 per square foot. This property was built in 1988. 425 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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