NOT LISTED FOR SALE

545 Lakes Edge Dr Oxford, MI 48371

Downtown Oxford Neighborhood

Estimated Value: $446,000 - $504,000

3 Beds
2.5 Baths
1,864 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $296,500 $159 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,066/month

6 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Lake Privileges
  • Deck
  • Oxford Middle School Rated A-
  • Clubhouse
  • Ranch Style House

About This Home

As of July 2017

Gorgeous Completely Updated in 2016 WALKOUT RANCH IN OXFORD LAKES SUB. Home overlooks a natural habitat. Enjoy bird and wildlife watching from the deck. Maintenance free exterior w/ vinyl siding & trim. Open floor plan w/ gorgeous new 2016 hardwood floors. Great room w/ vaulted ceiling and gas fireplace. Brand New completely re-done kitchen with new custom cabinets, granite counters, SS appliances, stacked stone back-splash. 1st floor laundry. Spacious master bedroom w/ new carpet and private deck. 2 additional bedrooms w/ new carpet with 2nd full bathroom. Finished walkout basement is a perfect entertaining space or "Man Cave". Spacious basement with new carpet includes a family room with fireplace, updated half bathroom, stone wet bar. All new paint and doors! Gorgeous landscaping. Oxford Lake Association Fee of $200/year includes maintenance of common areas and Beach Club Park on Oxford Lake with beach, gazebo, play structure, tennis, volleyball, basketball and bath facilities.

Last Agent to Sell the Property

Jill Bailey

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501364650 Listed on: 05/26/2017

Berkshire Hathaway HomeServices Kee Realty Oxford

Last Buyer's Agent

Linda Donaldson

Coldwell Banker Weir Manuel-Bir License #RCO-6501388882

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988 | Remodeled in 2016

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 124.45x101.51
  • 124 Feet of Waterfront
  • Home fronts a canal

HOA Fees

  • $17 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,864 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0426427010

Community Details

Overview

  • Oxford Lakes Sub No 3 Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,233

Year Built

Built in 1988 | Remodeled in 2016

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1988
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3364
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 1864
  • Sq Ft Total Bsmt: 1864

Exterior Features

  • Waterfront Name: Erin Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Club House, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 124
  • Porch Type: Balcony, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Water Frontage Feet: 124.00
  • Waterfront Description: Canal Front, Lake/River Priv

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 200
  • Association Fee: Yes

Schools

  • School District: Oxford

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1031034.4828
  • Lot Features: Water View
  • Lot Size Area: 0.29
  • Lot Dimensions: 124.45X101.51
  • Parcel Number: 0426427010

Tax Info

  • Tax Amount Summer: 4238.0000
  • Tax Amount Winter: 995.0000
  • Total Tax: 5233.0000

MLS Schools

  • School District: Oxford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Obrecht Lawrence and Obrecht Kathleen
Bought by
Obrecht Larry A and Obrecht Kathleen A
Current Estimated Value
$477,556

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 14, 2017
Sold by
Beamer Gayle and Beamer Betty S
Bought by
Obrecht Lawrence and Obrecht Kathleen
Seller's Agent
Jill Bailey
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Linda Donaldson
Coldwell Banker Weir Manuel-Bir
List Price
$299,000
Sold Price
$296,500
Premium/Discount to List
-$2,500
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 13, 2015
Sold by
Austin John G and Brantley Austin Sharon S
Bought by
Beamer Gayle and Beamer Betty S
Seller's Agent
Donna McDonald
RE/MAX Eclipse Clarkston
Buyer's Agent
Jill Bailey
RE/MAX Encore
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%

Purchase Details

Closed on
Feb 2, 2004
Sold by
Pendell Timothy A and Pendell Diann
Bought by
Austin John G and Brantley Austin Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2003
Sold by
Pendell Timothy A and Pendell Diann L
Bought by
Pendell Timothy A and Pendell Diann

Purchase Details

Closed on
Dec 10, 1999
Sold by
Diann L Pendell Tr
Bought by
Timothy A Pendell Tr

Purchase Details

Closed on
Sep 14, 1999
Sold by
Pendell Timothy A
Bought by
Diann L Pendell Tr
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
Obrecht Larry A -- None Available
Obrecht Lawrence $296,500 Partners Title Agency Llc
Beamer Gayle $240,000 Partners Title Agency Llc
Austin John G $268,000 Metropolitan Title Company
Pendell Timothy A -- Title One Inc
Pendell Timothy A -- Title One Inc
Timothy A Pendell Tr -- --
Diann L Pendell Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrecht Lawrence $100,000
Previous Owner Austin John G $180,800
Previous Owner Austin John G $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $296,500 -0.8% $159 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $299,000 +24.6% $160 / Sq Ft
07/14/2015 07/14/15 Sold $240,000 -4.0% $129 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $249,900 -- $134 / 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 $5,369 $179,170 $0 $0
2023 $5,119 $156,300 $0 $0
2022 $6,362 $144,910 $0 $0
2021 $6,157 $141,830 $0 $0
2020 $4,888 $143,690 $0 $0
2019 $4,398 $141,480 $0 $0
2018 $6,022 $143,970 $0 $0
2017 $5,255 $139,630 $0 $0
2016 $5,232 $126,610 $0 $0
2015 -- $106,230 $0 $0
2014 -- $95,240 $0 $0
2011 -- $78,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Bailey

    Seller's Agent in 2017

    Jill Bailey

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (248) 379-8427

    10 in this area

    124 Total Sales

    Jill Bailey
    Section Image
  • Linda Donaldson

    Buyer's Agent in 2017

    Linda Donaldson

    Coldwell Banker Weir Manuel-Bir

    (248) 933-3376

    30 Total Sales

    Linda Donaldson
    Section Image
  • Donna McDonald

    Seller's Agent in 2015

    Donna McDonald

    RE/MAX

    (248) 535-2120

    1 in this area

    140 Total Sales

    Donna McDonald
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Robert McDonald

    RE/MAX

    (248) 207-6939

    102 Total Sales

    Robert McDonald
    Section Image
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Map

Source: Realcomp

MLS Number: 217043909

Realcomp

APN: 04-26-427-010

Michigan Oakland County Oxford 48371 Downtown Oxford

545 Lakes Edge Dr, Oxford, MI

This home is located at 545 Lakes Edge Dr, Oxford, MI 48371 since 26 May 2017 and is currently estimated at $477,556, approximately $256 per square foot. This property was built in 1988. 545 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.

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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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