Sold
1004 Island Lake Drive, Oxford, MI 48371
Sold on 06/03/2026 for$425,000
MLS # 20261015707 (Realcomp)
4 beds4 baths2,727 sqftBuilt 20000.18 acres
1 / 48
Listing Description
Summertime is right around the corner. Enjoy boating, kayaking, swimming and fishing in your own backyard with lake frontage on Eden Lake. 3 bedrooms 3 1/2 baths 1824 Sq Ft. + 900 Sq Ft in finished walk out lower level. Hardwood floors throughout the entry level and many light filled windows with lake views. Kitchen has plenty of counter space & an island, all appliances included. Primary suites focal point is a large arched window, sunken bedroom, dual closets and large bathroom. Bedroom #2 & #3 are very large with peaked ceilings.LL has wet bar and 4th bedroom waiting to be finished. (owner used it as a unfinished hobby room) Deck flooring is new.
Source: SparkMLS
About this home
Located in Oxford Township in Oxford, this property offers 4-bedroom, 4-bath, 2,727 sq ft, with original construction dating to 2000.
Closed at $425,000 (about $156/sq ft).
Property tax estimate: $6,970 per year ($581/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area2,727 sqft
Lot Size0.18 acres
Year Built2000
Stories2
Location
CityOxford
MunicipalityOxford Twp
Zip Code48371
CountyOakland
School DistrictOxford
Construction & Systems
ConstructionAluminum Siding
BasementWalk-Out Access
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed3/12/2026
Sold Date6/2/2026
Original Price$450,000
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$85 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$4,399
State Equalized Value$187,390
Taxable Value$107,000
Parcel #0421451042
Source: Public Records
Legal Description
T5N, R10E, SEC 21 OAKLAND COUNTY CONDOMINIUM PLAN NO 1211 HOMETOWN VILLAGE AT WATERSTONE UNIT 76 L 20743 P 417 11-10-99 FR 352-004
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Paula Alliston
Berkshire Hathaway HomeServices Kee Realty Oxford
Frequently Asked Questions about 1004 Island Lake Drive, Oxford, MI 48371
Which school district serves 1004 Island Lake Drive, Oxford, MI 48371?
Per MLS# 20261015707, 1004 Island Lake Drive, Oxford, MI 48371 is in the Oxford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Oxford directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261015707, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1004 Island Lake Drive, Oxford, MI 48371?
Per public tax records, annual property taxes for this property are $4,399. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1004 Island Lake Drive, Oxford, MI 48371 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 1004 Island Lake Drive, Oxford, MI 48371 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1004 Island Lake Drive, Oxford, MI 48371?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$6,970
Monthly$581
Millage rate37.1942 mills
Municipality: CHARTER TOWNSHIP OF OXFORD
School district: OXFORD AREA COMM SCH DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$3,389
Principal & interest$2,723
Property taxes$581
HOA$85
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1004 Island Lake Drive, Oxford, MI 48371
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Municipality
Oxford Township
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County
Oakland County
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