NOT LISTED FOR SALE

759 Oak Point Ln Unit 27 Madison Heights, MI 48071

Estimated Value: $419,000 - $440,000

4 Beds
2 Baths
2,181 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $187,000 $86 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,950/month

9 Days on Market

Highlights

  • 0.42 Acre Lot
  • 2 Car Attached Garage
  • Gas Fireplace
  • Colonial Architecture
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

Brick Colonial with 4 bedrooms, 2.5 baths, and a 2-car garage. Over 2,000 square feet. Almost half an acre of land. Mater bedroom has large walk-in closet and bath. Close to freeways, shopping, and entertainment. Lamphere School district.

Last Agent to Sell the Property

Steven Wilson

JCI - REO, Inc. License #MISPE-6501335572 Listed on: 06/05/2015

Last Buyer's Agent

Rebecca Drob

Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6501317436

Berkshire Hathaway HomeServices Kee Realty NB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,886

Year Built

  • Built in 2003

Lot Details

  • 0.42 Acre Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2501377049

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,886

Year Built

Built in 2003

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 2003
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 19
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 4: On 2nd Floor, Dimensions: 10 x 12
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Breakfast Nook: On Entry Level, Dimensions: 7 x 15
  • Dining Room: On Entry Level, Dimensions: 9 x 13
  • Family Room: On Entry Level, Dimensions: 15 x 15
  • Kitchen: On Entry Level, Dimensions: 9 x 11
  • Living Room: On Entry Level, Dimensions: 9 x 14
  • Below Grade Sq Ft: 1038
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2181
  • Total Finished Sq Ft: 2181

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 40
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 2501377049
  • Zoning: Residential
  • Lot Dimensions: irreg
  • Site Condo: Yes
  • Acreage: 0.42
  • Geo Subdivision: MI

MLS Schools

  • School District: Lamphere Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Wu Xu and Zhou Yulan
Bought by
Wu Xu
Current Estimated Value
$429,670

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 10, 2015
Sold by
Wu Xu
Bought by
Wu Xu and Zhou Yulan
Seller's Agent
Steven Wilson
JCI - REO, Inc.
Buyer's Agent
Rebecca Drob
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$217,900
Sold Price
$187,000
Premium/Discount to List
-$30,900
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$149,600
Outstanding Balance
$63,708
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$357,670

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 3, 2015
Sold by
Fannie Mae
Bought by
Wu Xu
Seller's Agent
Steven Wilson
JCI - REO, Inc.
Buyer's Agent
Rebecca Drob
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$217,900
Sold Price
$187,000
Premium/Discount to List
-$30,900
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Outstanding Balance
$63,708
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$357,670

Purchase Details

Closed on
Apr 14, 2015
Sold by
Manlapig Rogelio and Manlapig Theresa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2003
Sold by
Pine Ridge Estates Ii Llc
Bought by
Manlapis Rogelio and Manlapis Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,400
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Gulf Pine Ridge Llc
Bought by
Pine Ridge Estates Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,400
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Gulf Pine Ridge Llc
Bought by
Pine Ridge Estates Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,400
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Wu Xu -- None Available
Wu Xu -- None Available
Wu Xu -- None Available
Federal National Mortgage Association $215,000 None Available
Manlapis Rogelio $291,785 --
Pine Ridge Estates Ii Llc -- --
Pine Ridge Estates Ii Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Xu $149,600
Previous Owner Pine Ridge Estates Ii Llc $233,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2015 08/03/15 Sold $187,000 -14.2% $86 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $217,900 -- $100 / Sq Ft
Source: Michigan Multiple Listing Service

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 $6,886 $179,400 $0 $0
2023 $6,572 $160,940 $0 $0
2022 $7,843 $144,720 $0 $0
2021 $7,636 $136,050 $0 $0
2020 $6,084 $125,930 $0 $0
2019 $7,281 $118,770 $0 $0
2018 $7,167 $112,520 $0 $0
2017 $6,882 $112,520 $0 $0
2016 $6,240 $106,150 $0 $0
2015 -- $91,000 $0 $0
2014 -- $81,780 $0 $0
2011 -- $85,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31246538

Michigan Multiple Listing Service

APN: 25-01-377-049