NOT LISTED FOR SALE

5060 Timber Lake Trail Clarkston, MI 48346

Estimated Value: $520,154 - $577,000

4 Beds
3.5 Baths
2,450 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $350,000 $143 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,595/month

43 Days on Market

Highlights

  • Water Views
  • Lake Privileges
  • Deck
  • Dock Facilities
  • Colonial Architecture
  • Wooded Lot

About This Home

As of December 2018

Lake Oakland private beach and day dock found within this exclusive enclave of homes embraced by the forest. Tranquility here is free. No other intimate neighborhood quite so unique in Clarkston. Rich hardwood flooring sweeps through the main level graced with the volume of 9'ceilings. Kitchen of granite/stainless becomes the heartbeat of this beauty. 4 beds, 3.5 baths, finished walkout and potential of 3 car garage (2 up/1 down). On enviable cul-de-sac with neighboring lakefront homes. Embrace a better lifestyle only woods and water can deliver. BATVAI

Last Agent to Sell the Property

Pam Ford Morgan

@properties Christie's Int'l R E Clarkston License #6501205596 Listed on: 09/13/2018

Last Buyer's Agent

Steve Chivers

Howard Hanna Clarkston License #6501230847

Howard Hanna Clarkston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1994 | Remodeled in 2018

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 107 x 154 x 158 x 151
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap
  • Cedar

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Watersense Fixture

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Rain Gutter Guard System

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0834426016

Community Details

Overview

  • Timber Of Lake Oakland Occpn 763 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,066

Year Built

Built in 1994 | Remodeled in 2018

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1994
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 3850
  • Sq Ft Lower Floor: 1400
  • Total Sq Ft: 2450
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE OAKLAND
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Construction Features: Site Condo
  • Exterior Features: Chimney Cap(s), Gutter Guard System, WaterSense® Labeled Irrigation Controller
  • Foundation Materials: Poured
  • Frontage Feet: 107
  • Porch Type: Deck, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car, 3 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • 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: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fee: 375
  • Association Fee: Yes

Schools

  • School District: Clarkston

Lot Info

  • Homestead: Yes
  • List Price per Acre: 922500.0000
  • Lot Features: Water View, Wooded
  • Lot Size Area: 0.40
  • Lot Dimensions: 107 X 154 X 158 X 151
  • Parcel Number: 0834426016

Tax Info

  • Tax Amount Summer: 2818.8800
  • Tax Amount Winter: 1247.3500
  • Total Tax: 4066.2300

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Clarkston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 7, 2018
Sold by
Mary O Neill Edward J and Neill Mary O
Bought by
Brodkorb Keith D and Brodkorb Jeanne K
Seller's Agent
Pam Ford Morgan
@properties Christie's Int'l R E Clarkston
Buyer's Agent
Steve Chivers
Howard Hanna Clarkston
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%
Current Estimated Value
$558,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,539
Avg. Annual Appreciation
7.04%
Original Mortgage
$315,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2002
Sold by
O'Neill Mary
Bought by
O'Neill Edward J

Purchase Details

Closed on
Apr 19, 1999
Sold by
Sheppelman Todd
Bought by
O'Neill Mary

Purchase Details

Closed on
Jan 17, 1995
Sold by
Brook Valley Homes Inc
Bought by
Sheppelman Todd and Sheppelman Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Brodkorb Keith D $350,000 Ata National Title Group Llc
O'Neill Edward J -- --
O'Neill Mary $345,000 --
Sheppelman Todd $259,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brodkorb Keith D $369,000
Closed Brodkorb Keith D $315,000
Previous Owner Neill Edward J O $113,800
Previous Owner Oneill Edward J $92,600
Previous Owner Oneill Edward J $322,700
Previous Owner Sheppelman Todd $207,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $350,000 -5.1% $143 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $369,000 -- $151 / 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 $4,311 $217,600 $86,500 $131,100
2023 $5,812 $203,200 $82,600 $120,600
2022 $5,814 $181,100 $71,500 $109,600
2021 $5,912 $178,000 $70,000 $108,000
2020 $3,887 $178,600 $63,400 $115,200
2018 $4,401 $226,500 $32,500 $194,000
2015 -- $166,700 $0 $0
2014 -- $149,800 $0 $0
2011 -- $127,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218089755

Realcomp

APN: 08-34-426-016