NOT LISTED FOR SALE

518 Red Oak Ct Walled Lake, MI 48390

Estimated Value: $226,530 - $245,000

2 Beds
2 Baths
1,034 Sq Ft
$260/mo HOA Fee

Last Sold September 27, 2022

Last sale price $212,000 $205 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,859/month

66 Days on Market

Highlights

  • Dock Facilities
  • Beach Access
  • Clubhouse
  • Walled Lake Elementary School Rated A-
  • In Ground Pool
  • Ranch Style House

About This Home

As of September 2022

Welcome to 518 Red Oak in the highly desired East Bay Village! This ranch condo is located on the first floor, no stairs! As you walk in the front door you will notice the abundance of natural light coming through the large windows. Freshly painted and newer carpet throughout, all neutral colors. The open floor plan is perfect for entertaining and everyday living. An updated kitchen with granite counters, high end cabinetry and newer appliances included. There are two bedrooms and two full bathrooms. The master en-suite is equipped with a large closet and a nice bathroom. In addition, there is plenty of storage throughout. An attached garage and in-unit laundry make this the perfect home. East Bay Village has direct lake frontage on all sport Walled Lake with docking availability ,beach and picnic area, clubhouse and large in-ground pool. (Front door of unit faces Leon Rd).***Motivated seller!***

Last Listed By

Rebecca Cavill

REsource Custom Realty License #6501383628 Listed on: 06/24/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • 1,034 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Dock Facilities
  • Boat Facilities
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Private Entrance
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 1734432331

Community Details

Overview

  • Mcshane And Associates, Inc Association, Phone Number (248) 855-6492
  • East Bay Village Occpn 1452 Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Water Sports

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,206

Year Built

Built in 2005

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 20.00
  • Year Built: 2005
  • State Equalized Value: 75350.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1034
  • Total Sq Ft: 1034

Exterior Features

  • Waterfront Name: Walled Lake
  • Pool: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick, Brick Veneer (Brick Siding)
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Private Entry, Pool - Inground
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248- 855-6492/info@mcshanemanagement.com
  • Association Fee: 260
  • Association Contact: McShane and Associates, Inc
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Parcel Number: 1734432331

Tax Info

  • Tax Amount Summer: 4054.0000
  • Tax Amount Winter: 152.0000
  • Total Tax: 4206.0000
  • Taxable Value: 71800.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 27, 2022
Sold by
Certified Flooring Installation Equipmen
Bought by
Brackett Doug
Seller's Agent
Rebecca Cavill
REsource Custom Realty
Buyer's Agent
Stephen White
Remerica United Realty
List Price
$285,000
Sold Price
$212,000
Premium/Discount to List
-$73,000
-25.61%
Total Days on Market
66
Views
9
Current Estimated Value
$234,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,883
Avg. Annual Appreciation
4.06%
Original Mortgage
$190,000
Outstanding Balance
$185,031
Interest Rate
6.29%
Estimated Equity
$50,179

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 26, 2021
Sold by
Hauserman Dayle and Hauserman Jeffrey
Bought by
Certified Flooring Installation Equipmen
Seller's Agent
Jessica Tremonti
Century 21 Curran & Oberski
Buyer's Agent
Rebecca Cavill
REsource Custom Realty
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jan 23, 2019
Sold by
Schneider James and Schneider Edie
Bought by
Hauserman Dayle and Hauserman Jeffrey
Seller's Agent
Tim Redman
North Bloomfield Properties
Buyer's Agent
Craig Ward
Real Broker LLC
Sold Price
$1,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
4.6%
Mortgage Type
New Conventional

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
Brackett Doug $212,000 --
Certified Flooring Installation Equipmen $185,000 Michigan Title Ins Agcy Inc
Hauserman Dayle $143,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brackett Doug $190,000
Closed Brackett Doug $190,000
Previous Owner Hauserman Dayle $114,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $212,000 -6.8% $205 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $227,500 -2.2% $220 / Sq Ft
08/05/2022 08/05/22 Price Changed $232,500 -1.9% $225 / Sq Ft
07/20/2022 07/20/22 Price Changed $237,000 -4.2% $229 / Sq Ft
07/15/2022 07/15/22 Price Changed $247,500 -2.9% $239 / Sq Ft
07/12/2022 07/12/22 Price Changed $255,000 -5.6% $247 / Sq Ft
07/02/2022 07/02/22 Price Changed $270,000 -5.3% $261 / Sq Ft
06/24/2022 06/24/22 For Sale $285,000 +54.1% $276 / Sq Ft
03/26/2021 03/26/21 Sold $185,000 +2.8% $179 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $179,900 0.0% $174 / Sq Ft
03/21/2019 03/21/19 Rented $1,365 0.0% --
03/19/2019 03/19/19 Under Contract -- -- --
03/15/2019 03/15/19 For Rent $1,365 -- --
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 $3,564 $90,590 $0 $0
2023 $3,359 $86,160 $0 $0
2022 $4,904 $81,230 $0 $0
2021 $4,206 $75,350 $0 $0
2020 $4,040 $70,810 $0 $0
2019 $1,932 $64,260 $0 $0
2018 $1,919 $62,910 $0 $0
2017 $1,896 $61,660 $0 $0
2016 $1,899 $58,740 $0 $0
2015 -- $44,830 $0 $0
2014 -- $36,740 $0 $0
2011 -- $39,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221009149

Realcomp

APN: 17-34-432-331