NOT LISTED FOR SALE

780 Lakes Edge Dr Oxford, MI 48371

Downtown Oxford Neighborhood

Estimated Value: $637,000 - $694,000

5 Beds
4 Baths
3,676 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $400,000 $109 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,131/month

2 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • 2 Car Attached Garage
  • Oxford Middle School Rated A-

About This Home

As of September 2018

Rare waterfront opportunity in Oxford. Suburb location on a quite bay and the end of the street on the Cul de sac. 4 bedrooms upstairs with 2 full baths, 1 full bath on the main floor. Guest bedroom and a full bath in the finished walkout basement. Home has been a rental for the last few years. In need of a fresh coat of paint and new carpets throughout. Great lake views from the master suite, kitchen and great room. Owner is aware that the house needs a personal touch to make it your own. They have priced it well under the $450k comps to allow you to invest in improvements and still remain under comp values. Desires to sell in a as is condition. Currently vacant. No promises but will look at terms, owner financing, lease with option, conventional or cash.

Last Agent to Sell the Property

Benjamin Nelson

Nelson Property Management License #MISPE-6502412875 Listed on: 08/14/2018

Co-Listed By

Daniel Nelson

Nelson Property Management License #MISPE-6502380231

Last Buyer's Agent

Karen Greenwood

Coldwell Banker Weir Manuel-Bir License #RCO-6501297591

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 78x180x40x166
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Oxford Lakes No.4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-26-226-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,292

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 7292
  • Total Tax Year: 2017
  • Year Built: 1996
  • Mail City: Oxford
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Finished, Walk Out
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Below Grade Sq Ft: 1600
  • Finished Below Grade Sq Ft: 1600
  • Above Grade Finished Sq Ft: 3676

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Basement
  • Frontage: 78
  • Road: Paved Street
  • Water Features: Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 04-26-226-002
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 78X180X40X166
  • Acreage: 0.32
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2017, Amount: $6,340.00
  • Winter Tax: Year: 2017, Amount: $952.00
  • Total Tax: Year: 2017, Amount: $7,292.00

MLS Schools

  • School District: Oxford Area Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2020
Sold by
Morrison Chad Howard and Okoniewski Megan Elizabeth
Bought by
Morrison Chad Howard and Okoniewski Morrison Megan
Current Estimated Value
$662,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,440
Outstanding Balance
$273,374
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$388,634

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 11, 2018
Sold by
Scott D Henegar Revocable Living Trust
Bought by
Morrison Chad Howard and Okoniewski Megan Elizabeth
Seller's Agent
Benjamin Nelson
Nelson Property Management
Buyer's Agent
Karen Greenwood
Coldwell Banker Weir Manuel-Bir
List Price
$399,500
Sold Price
$400,000
Premium/Discount to List
$500
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Feb 3, 2015
Sold by
Henegar Scott D
Bought by
Scott D Henegar Revocable Living Trust

Purchase Details

Closed on
Apr 2, 2014
Sold by
Henegar Scott D
Bought by
Scott D Henegar Revocable Living Trust

Purchase Details

Closed on
Aug 25, 2008
Sold by
Henegar Christy L
Bought by
Henegar Scott D

Purchase Details

Closed on
May 10, 2007
Sold by
Henegar Douglas and Henegar Judy
Bought by
Henegar Scott D

Purchase Details

Closed on
Sep 18, 1997
Sold by
Lake Edge Dev Inc
Bought by
Henegar Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.63%

Purchase Details

Closed on
May 28, 1992
Sold by
Gold Fields American Cor
Bought by
Lake Edge Dev Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morrison Chad Howard -- Fidelity National Title
Morrison Chad Howard $400,000 Ata National Title Group Llc
Scott D Henegar Revocable Living Trust -- None Available
Scott D Henegar Revocable Living Trust -- None Available
Henegar Scott D -- None Available
Henegar Scott D $189,000 None Available
Henegar Douglas $125,000 --
Lake Edge Dev Inc $43,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Chad Howard $307,440
Previous Owner Henegar Douglas $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Sold $400,000 +0.1% $109 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $399,500 -- $109 / 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 $7,988 $291,930 $0 $0
2023 $7,616 $254,350 $0 $0
2022 $9,466 $236,100 $0 $0
2021 $9,060 $230,480 $0 $0
2020 $7,002 $233,080 $0 $0
2019 $6,279 $202,000 $0 $0
2018 $7,508 $215,520 $0 $0
2017 $7,292 $208,020 $0 $0
2016 $7,238 $187,340 $0 $0
2015 -- $168,320 $0 $0
2014 -- $150,720 $0 $0
2011 -- $123,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Nelson

    Seller's Agent in 2018

    Benjamin Nelson

    Nelson Property Management

    (586) 651-4215

    68 Total Sales

    Benjamin Nelson
    Section Image
  • Daniel Nelson

    Seller Co-Listing Agent in 2018

    Daniel Nelson

    Nelson Property Management

    (586) 294-6800

    27 Total Sales

    Daniel Nelson
    Section Image
  • Karen Greenwood

    Buyer's Agent in 2018

    Karen Greenwood

    Coldwell Banker Weir Manuel-Bir

    (248) 672-1777

    245 Total Sales

    Karen Greenwood
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31356954

Michigan Multiple Listing Service

APN: 04-26-226-002

Michigan Oakland County Oxford 48371 Downtown Oxford

780 Lakes Edge Dr, Oxford, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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