NOT LISTED FOR SALE

825 Markwood Dr Oxford, MI 48370

Estimated Value: $589,000 - $721,090

4 Beds
4.5 Baths
2,510 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $737,000 $294 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,762/month

4 Days on Market

Highlights

  • Boat Facilities
  • Beach Access
  • Lake Privileges
  • Blanche Sims Elementary School Rated A-
  • 3.36 Acre Lot
  • Deck

About This Home

As of July 2024

Spanning Across a Generous 4300 sq ft of Living Space is this Contemporary Split Level offering Relaxation and Entertainment.Original Owners for the last 50 yrs shows Pride of Ownership and Offers an Authentic Up North Feeling.Designed with Modern Living in Mind is this Open Floor Plan Perfect for Hosting Memorable Gatherings and Entertaining Loved Ones. Prepare Culinary Delights in the Oversized Updated White Oak Kitchen with Center Island Seating for 9, Stainless Appliances, Granite Counters and Adjacent to Dining Room that will accommodate a Large Table. Full Brick Floor to Cathedral Ceiling Natural Fireplace Separates Dining Rm and Great Rm with Walls of Windows Allowing Plenty of Natural Sunlite and Panoramic Hilltop Views with No Neighboring Properties in Sight. Step Outside and Unwind on Your New 41 ft Trex Deck and Enjoy the Serene Setting After a Long Day. Primary Suite w/Cathedral Ceilings Includes a 11X14 Sitting Area, Walk In Closet and Full Tiled Bath with Step Down Shower. Extra Wide Oak Staircase Leads to Lower Level that Adds 3 Bedrooms each With Full Tiled Baths and a Family Room with Natural Field Stone Fireplace Wood Insert and Doorwall to Brick Paver Stoned Patio Surrounding a Koi Pond Full of Goldfish. Attatched 3 1/2 Car Insulated and Drywalled 25X35 Garage For All Your Toys with Stairway to 25X35 Bonus Room Above Offering Plenty of Room for Storage.Ample Room for Parking on the Circle Drive and Xtra Wide Driveway. Included with This Estate Sized Lot is a 20x27 2 Stall Horse barn with Hayloft, 2 Paddocks , Water and Electric. 3 Horses Allowed. Optional Boat and Swimming Privileges on All Sports Indian Lake just down the Private Rd. Updates Include Anderson Drwalls, Roof, Deck,Granite,Septic Field, Water Heater and Kitchen. Geo Thermal Heat and Whole House Generator are a Bonus! Immed. Occ. Need more Room? Adjacent 3 acres Available on MLS 20240036129

Last Agent to Sell the Property

Bonnie Lane

RE/MAX Platinum License #6501276212 Listed on: 06/21/2024

RE/MAX Platinum

Last Buyer's Agent

Saif Siddiqui

National Realty Centers, Inc License #6501419655

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 1991

Lot Details

  • 3.36 Acre Lot
  • Property fronts a private road
  • Fenced

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,510 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Entrance Foyer
  • Great Room with Fireplace

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Standby Generator

Outdoor Features

  • Beach Access
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Pole Barn

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0531201008

Community Details

Overview

  • Indianlakeia.Com Association
  • Swim Association

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,423

Year Built

Built in 1957 | Remodeled in 1991

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Raised Ranch
  • Architecture Level: 1 Story
  • Assessment: 410.00
  • Year Built: 1957
  • State Equalized Value: 274000.0000
  • Year Renovated: 1991
  • Accessibility Features: Accessible Full Bath, Standby Generator
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Entrance Foyer, High Spd Internet Avail, Jetted Tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Wood Stove
  • Fireplace Locations: Basement, Great Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 4510
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 2510
  • Sq Ft Total Bsmt: 2347

Exterior Features

  • Waterfront Name: Indian Lake
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 303
  • Porch Type: Porch - Covered, Deck, Patio, Porch, Patio - Covered, Covered
  • Road Frontage Type: Gravel, Private
  • Waterfront Description: Beach Access, Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Heat Pump, Geo-Thermal
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: indianlakeia.com
  • Association Fee: 75
  • Association Contact: indianlakeia.com
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Size Area: 3.36
  • Lot Dimensions: Irregular
  • Parcel Number: 0531201008

Tax Info

  • Tax Amount Summer: 4141.0000
  • Tax Amount Winter: 2282.0000
  • Total Tax: 6423.0000
  • Taxable Value: 172540.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Swim Association

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 12, 2024
Sold by
Sharon Weger Living Trust and Weger Sharon R
Bought by
Schwartz Jessica
Seller's Agent
Bonnie Lane
RE/MAX Platinum
Buyer's Agent
Saif Siddiqui
National Realty Centers, Inc
List Price
$589,000
Sold Price
$737,000
Premium/Discount to List
$148,000
25.13%
Views
45
Current Estimated Value
$619,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,120
Avg. Annual Appreciation
-17.01%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Weger Sharon Rebecca
Bought by
Sharon Weger Living Trust

Purchase Details

Closed on
Feb 27, 2014
Sold by
Weger Rebecca and Weger Sharon Rebecca
Bought by
Weger Sharon Rebecca

Purchase Details

Closed on
Feb 26, 2014
Sold by
Plunkett Sharon and Weger Rebecca
Bought by
Weger Rebecca

Purchase Details

Closed on
Dec 21, 2006
Sold by
Gilgallon Paul S and Revocable Living Trust Agreeme
Bought by
Weger Sharon

Purchase Details

Closed on
Jun 14, 2000
Sold by
Weger Michael R
Bought by
Weger Sharon R
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
Schwartz Jessica $737,000 Select Title Company
Sharon Weger Living Trust -- None Available
Weger Sharon Rebecca -- None Available
Weger Rebecca -- None Available
Weger Sharon $12,220 Philip R Seaver Title Co Inc
Weger Sharon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weger Sharon R $165,000
Previous Owner Weger Sharon R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $737,000 +25.1% $294 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $589,000 -- $235 / 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 $4,341 $304,020 $0 $0
2023 $4,141 $274,000 $0 $0
2022 $6,226 $253,430 $0 $0
2021 $5,703 $261,750 $0 $0
2020 $3,794 $244,820 $0 $0
2019 $5,554 $216,860 $0 $0
2018 $5,434 $204,190 $0 $0
2017 $5,235 $204,190 $0 $0
2016 $5,204 $185,130 $0 $0
2015 -- $185,220 $0 $0
2014 -- $165,060 $0 $0
2011 -- $143,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240036127

Realcomp

APN: 05-31-201-008