NOT LISTED FOR SALE

498 Wallace Blvd Oxford, MI 48371

Estimated Value: $402,000 - $492,000

3 Beds
2.5 Baths
1,562 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $362,500 $232 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,742/month

Highlights

  • 2.5 Acre Lot
  • Deck
  • Ranch Style House
  • Oxford Middle School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of March 2021

*Highest and Best DUE 2/25 @ 7 PM**Located on a private drive, 2.5 acre woody lot you will enjoy a large yard and serene settings year round. Paved, private dead end road. Award-winning Oxford schools. Updated modern farmhouse kitchen with all newer stainless steel appliances. Brand new dishwasher. Renovated powder room and full hallway bathroom. Open floor plan with refinished hardwood floors and large stone fireplace centered between large windows and a vaulted living room ceiling. Large master walk in closet and en suite. Full basement partially finished with a workout room and walkout, ample day light windows and plumbed for a full additional bathroom. Schedule your appointment today.

Last Agent to Sell the Property

Brooke Azimi

DOBI Real Estate License #6501419536 Listed on: 02/24/2021

DOBI Real Estate

Last Buyer's Agent

Victoria Farr

Morgan Milzow & Ford, REALTORS® License #RCO-6501392617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2002 | Remodeled in 2021

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 3000x300
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,562 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Gas Cooktop
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutter Guard System

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0323200026
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,998

Year Built

Built in 2002 | Remodeled in 2021

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 10.48
  • Year Built: 2002
  • State Equalized Value: 129970.0000
  • Year Renovated: 2021
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Egress Window(s), High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Gas Cooktop, ENERGY STAR® qualified dishwasher, Dryer, Microwave, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer, Water Purifier Owned
  • Sq Ft Combined: 1562
  • Total Sq Ft: 1562
  • Sq Ft Total Bsmt: 1528

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Brick Veneer (Brick Siding), Vinyl
  • Exterior Features: Gutter Guard System, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 300
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Private

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash
  • Association Fee Frequency: Annually
  • Association Fee: 378
  • Association Fee: Yes

Schools

  • School District: Oxford

Lot Info

  • Homestead: Yes
  • List Price per Acre: 130000.0000
  • Lot Features: Wooded
  • Lot Size Area: 2.50
  • Lot Dimensions: 3000x300
  • Parcel Number: 0323200026

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Amount Summer: 1623.0000
  • Tax Amount Winter: 1375.0000
  • Total Tax: 2998.0000
  • Taxable Value: 85040.0000

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 31, 2021
Sold by
Boone Carl
Bought by
Discher Ryan and Look Alyssa
Seller's Agent
Brooke Azimi
DOBI Real Estate
Buyer's Agent
Victoria Farr
Morgan Milzow & Ford, REALTORS®
List Price
$325,000
Sold Price
$362,500
Premium/Discount to List
$37,500
11.54%
Current Estimated Value
$448,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,396
Avg. Annual Appreciation
3.86%
Original Mortgage
$260,000
Outstanding Balance
$195,730
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$233,064

Purchase Details

Listed on
Jun 28, 2012
Closed on
Dec 12, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Boone Carl
Seller's Agent
Ronald Simpson
21st Century Elegant Homes
Buyer's Agent
Carol Mitchell
Berkshire Hathaway HomeServices Kee Realty Oxford
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$150,081
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 30, 2010
Sold by
Adams Shannon M and Adams Glen D
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jul 29, 2006
Sold by
Adams David and Adams Helen M
Bought by
Adams Glen D and Adams Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.77%
Mortgage Type
Unknown
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
Discher Ryan $362,500 None Available
Boone Carl $151,500 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing Lp $245,874 None Available
Adams Glen D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Discher Ryan $260,000
Previous Owner Boone Carl M $50,000
Previous Owner Boone Carl $142,000
Previous Owner Boone Carl $150,081
Previous Owner Adams Shannon M $226,345
Previous Owner Adams Glen D $210,000
Previous Owner Adams David $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $362,500 +11.5% $232 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $325,000 +114.5% $208 / Sq Ft
12/19/2012 12/19/12 Sold $151,500 +1.0% $97 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $150,000 -- $96 / 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 $3,395 $194,400 $0 $0
2023 $3,239 $184,300 $0 $0
2022 $6,043 $166,090 $0 $0
2021 $3,070 $133,760 $0 $0
2020 $1,623 $129,970 $0 $0
2019 $2,983 $123,170 $0 $0
2018 $2,892 $115,670 $0 $0
2017 $2,813 $110,240 $0 $0
2016 $2,804 $105,750 $0 $0
2015 -- $94,910 $0 $0
2014 -- $86,540 $0 $0
2011 -- $74,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210011129

Realcomp

APN: 03-23-200-026