NOT LISTED FOR SALE

5250 Hummer Lake Rd Oxford, MI 48371

Estimated Value: $449,000 - $469,000

3 Beds
2.5 Baths
1,454 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $370,000 $254 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,650/month

73 Days on Market

Highlights

  • 5.05 Acre Lot
  • Ranch Style House
  • Ground Level Unit
  • Oxford Middle School Rated A-
  • Pole Barn
  • No HOA

About This Home

As of March 2021

Wonderful Ranch Home sitting on 5.05 acres w/2 car attached garage, and 6 car outbuilding in Oxford Schools. This home features a total of 2,754 finished sq. ft. including the lower level walkout basement. You are greeted into the firelit great room w/cathedral ceilings, open floor plan with spacious kitchen & tons of natural light flowing through, dining room with slider to large patio for entertaining, large master suite w/slider to balcony, built-in safe, ample closet space & full bathroom w/tub & shower. The finished basement has plenty of room for a family room/rec room, plumbed for wet bar, large laundry room & walks out to patio. Car lovers dream 6 car outbuilding (32x48) w/reinforced concrete floors. Lifetime metal roofs on home & outbuilding! Updates in the past 5 years include: furnace, A/C, tankless hot water, gutters/guards & insulated garage door & opener. Whole house generator (includes outbuilding). 1/2 acre is fenced. You will love this property - don't wait to see it!

Last Agent to Sell the Property

John Wentworth

Wentworth Real Estate Group License #6506046804 Listed on: 12/10/2020

Co-Listed By

Adam Schaffer

LPT Realty, LLC License #6501413469

Last Buyer's Agent

Jeffrey Brikho

Brikho Properties, Inc. License #6502416312

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1994

Lot Details

  • 5.05

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,454 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater

Additional Features

  • 5.05 Acre Lot
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0313100032
  • $7,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,328

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1994
  • State Equalized Value: 143530.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Total Sq Ft: 1454

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 69287.1287
  • Lot Size Area: 5.05
  • Lot Dimensions: Irregular
  • Parcel Number: 0313100032

Tax Info

  • Tax Amount Summer: 1853.0000
  • Tax Amount Winter: 1475.0000
  • Total Tax: 3328.0000
  • Taxable Value: 97100.0000

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Mar 19, 2021
Sold by
Noel Joseph M and Capoccia Lisa M
Bought by
Arzoumanian May B
Seller's Agent
John Wentworth
Wentworth Real Estate Group
Buyer's Agent
Jeffrey Brikho
Brikho Properties, Inc.
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%
Current Estimated Value
$458,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,284
Avg. Annual Appreciation
4.75%
Original Mortgage
$296,000
Outstanding Balance
$265,343
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$192,941

Purchase Details

Closed on
Mar 18, 2002
Sold by
Heeke Thomas M
Bought by
Noel Joseph M

Purchase Details

Closed on
Mar 31, 1997
Sold by
Irons Shawn A
Bought by
Heeke Thomas M
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
Arzoumanian May B $370,000 Cislo Ttl Co Ttl Ins & Escro
Noel Joseph M $235,000 --
Heeke Thomas M $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arzoumanian May B $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $370,000 +5.7% $254 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $349,900 0.0% $241 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $349,900 -- $241 / 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 $3,028 $200,820 $0 $0
2023 $2,899 $169,770 $0 $0
2022 $5,405 $148,680 $0 $0
2021 $3,499 $144,460 $0 $0
2020 $1,853 $143,530 $0 $0
2019 $3,188 $118,160 $0 $0
2018 $3,091 $112,430 $0 $0
2017 $3,017 $114,590 $0 $0
2016 $3,007 $106,560 $0 $0
2015 -- $99,430 $0 $0
2014 -- $86,640 $0 $0
2011 -- $77,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200098680

Realcomp

APN: 03-13-100-032