Sold
550 BAY POINTE Drive, Oxford, MI 48371
Sold on 03/21/2024 for$718,000
MLS # 20230056109 (Realcomp)
5 beds4 baths5,572 sqftBuilt 19970.34 acres
1 / 76
Listing Description
Amazing home in incredible location on highly desirable Oxford lake. Stunning open floor plan is perfect for entertaining. 5 bedroom 4 baths with an incredible finished walk out lower level that has tall ceilings, bar, 5th bedroom and full bath and lots of storage. Large 1st floor owners suite with fireplace, gorgeous bath and huge walk in closet. Brand new Roof September 2023!!! New granite counters just installed. New Carpet, fresh paint, new garage door. Newer furnace, newer dishwasher Large garage. Well maintained beach with lots of sand is great for parties and swimming. Dock stays. Composite deck, stone patio, beautifully manicured landscaping . Stunning views from the great room which has spectacular 20 foot ceiling makes this home a must see. Neighborhood has park with dock, beach and tennis courts owners have access to. Peaceful quiet setting with amazing views. No virtual showings, buyers agent must be physically present for all showings and inspections. Oxford Lake is electric motors only. B.A.T.V.A.I..
Source: SparkMLS
About this home
Located in Oxford Village in Oxford, this property offers 5-bedroom, 4-bath, 5,572 sq ft, with original construction dating to 1997.
Final sale price: $718,000 (about $129/sq ft).
Property tax estimate: $14,023 per year ($1,169/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.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms4
Living Area5,572 sqft
Lot Size0.34 acres
Year Built1997
Stories3
Location
CityOxford
MunicipalityOxford Vllg
Zip Code48371
CountyOakland
School DistrictOxford
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementWalk-Out Access
Garage2.5 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished, Home Warranty, Wet Bar
Sale & Financing
Listed7/11/2023
Sold Date3/20/2024
Original Price$850,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$400 / Annually
Source: SparkMLS
Tax Information
Annual Tax$12,789
State Equalized Value$377,030
Taxable Value$377,030
Parcel #0426180017
Source: Public Records
Legal Description
T5N, R10E, SECS 23 & 26 OXFORD LAKES ESTATES NO 1 LOT 41 12-4-97 FR 180-001
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 Lonny Wilson
Keller Williams Premier
Frequently Asked Questions about 550 BAY POINTE Drive, Oxford, MI 48371
What school district is 550 BAY POINTE Drive, Oxford, MI 48371 in?
Per MLS# 20230056109, this property is served by Oxford. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20230056109, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230056109, the most recent reported annual property tax for 550 BAY POINTE Drive, Oxford, MI 48371 is $12,789. 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.
Is 550 BAY POINTE Drive, Oxford, MI 48371 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 550 BAY POINTE Drive, Oxford, MI 48371 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$14,023
Monthly$1,169
Millage rate37.1942 mills
Municipality: VILLAGE 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$6,066
Principal & interest$4,864
Property taxes$1,169
HOA$33
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
550 BAY POINTE Drive, Oxford, MI 48371
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Municipality
Oxford Village
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County
Oakland County
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