NOT LISTED FOR SALE

700 Markwood Dr Oxford, MI 48370

Estimated Value: $444,191 - $667,000

4 Beds
3 Baths
1,735 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $270,000 $156 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,174/month

32 Days on Market

Highlights

  • In Ground Pool
  • 3.06 Acre Lot
  • Deck
  • Blanche Sims Elementary School Rated A-
  • Lake Privileges
  • Wood Burning Stove

About This Home

As of August 2013

*WOW* High rolling and treed setting with inground heated pool. Totally private retreat. Long paved driveway leading to home sitting atop one of the hills. Lots of renovation and updating in recent years. Open living concept with great room blending with kitchen. Finished walkout LL. Vaulted ceilings. Split bedroom plan. If you want seclusion with Lake Orion schools and easy access to commuting routes for work, THIS IS IT!!

Last Agent to Sell the Property

Paul Cervenak

Rock Real Estate Group License #6501254614 Listed on: 05/30/2013

Last Buyer's Agent

Scott LaFond

Tenhave Realty, LLC License #6502408553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2008

Lot Details

  • 3.06 Acre Lot
  • Lot Dimensions are 107x327x531x677
  • Property fronts a private road
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,735 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Great Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Lake Privileges
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0531252005

Community Details

Overview

  • Property is near a ravine

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,647

Year Built

Built in 1940 | Remodeled in 2008

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1940
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Wood Stove
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3435
  • Sq Ft Lower Floor: 1700
  • Total Sq Ft: 1735
  • Sq Ft Total Bsmt: 1745

Exterior Features

  • Waterfront Name: INDIAN LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Pool - Inground, Shed
  • Frontage Feet: 107
  • Porch Type: Deck, Patio
  • Road Frontage Type: Gravel, Private
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas, Wood
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 45
  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 99673.0000
  • Lot Features: Hilly-Ravine, Irregular, Wooded
  • Lot Size Area: 3.06
  • Lot Dimensions: 107X327X531X677
  • Parcel Number: 0531252005

Tax Info

  • Tax Amount Summer: 1665.0000
  • Tax Amount Winter: 982.0000
  • Total Tax: 2647.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Aug 20, 2013
Sold by
Gibson Scott C and Gibson Kimberly M
Bought by
Geving Thomas and Geving Kristen
Seller's Agent
Paul Cervenak
Rock Real Estate Group
Buyer's Agent
Scott LaFond
Tenhave Realty, LLC
List Price
$305,000
Sold Price
$270,000
Premium/Discount to List
-$35,000
-11.48%
Current Estimated Value
$541,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,548
Avg. Annual Appreciation
5.51%
Original Mortgage
$126,500
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2004
Sold by
Kuebler Henry Edwin and Kuebler Joan
Bought by
Gibson Scott C and Gibson Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
5.88%
Mortgage Type
Unknown
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
Geving Thomas $270,000 First American Title Ins Co
Gibson Scott C $249,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geving Thomas $111,000
Closed Geving Thomas $126,500
Previous Owner Gibson Scott C $241,725
Previous Owner Gibson Scott C $256,000
Previous Owner Gibson Scott C $32,000
Previous Owner Gibson Scott C $199,600
Previous Owner Gibson Scott C $24,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2013 08/20/13 Sold $270,000 -11.5% $156 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $305,000 -- $176 / 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 $2,696 $173,440 $0 $0
2023 $2,572 $158,960 $0 $0
2022 $4,023 $148,400 $0 $0
2021 $3,698 $152,080 $0 $0
2020 $2,357 $145,560 $0 $0
2019 $3,602 $132,420 $0 $0
2018 $3,527 $127,560 $0 $0
2017 $3,366 $127,560 $0 $0
2016 $3,347 $118,240 $0 $0
2015 -- $118,410 $0 $0
2014 -- $88,990 $0 $0
2011 -- $76,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213051651

Realcomp

APN: 05-31-252-005