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240 Derby Lane

240 Derby Lane, Oxford, MI 48371
Property in Oxford
Sold Aug 08, 2016
$292,000
$272,650 by Cartus Home Loans Llc
Mortgage Due Aug 01, 2036
Sold Oct 18, 2013
$269,000
$242,100 by Flagstar Bank Fsb
Mortgage Due Nov 01, 2043
240 Derby Lane in Oxford, MI was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 240 Derby Lane has 2,645 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 720 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. There is a open porch. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 614 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 240 Derby Lane was last sold in Jul 28, 2016 for $292,000. According to our calculations, that's $110.40 per sqft. Prior to that sales transaction, the property was sold for $269,000 in Oct 4, 2013. Current property owners are expected to pay $5,640 in taxes per year. The property on 240 Derby Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $183,890. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,335
  • Garage Type: Garage
  • Garage Square Area: 614
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,645
  • Building Area: 2,645
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,645
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKECREST AT WATERSTONE
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T5N, R10E, SEC 22 LAKECREST AT WATERSTONE LOT 27 11-26-01 FR 301-012

Ownership

  • Current Owner : BALONGIE MICHAEL
  • Current Owner 2: BALONGIE VICKI
  • Previous Owner : QUINN SCOTT P
  • Previous Owner 2: QUINN JENNIFER
  • Owner Before Previous Owner: SHETTERLY DOUGLAS J
  • Owner Before Previous Owner 2: SHETTERLY LORI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oxford Area Community Schools
  • School Tax School District: 63110
  • Census Tract: 121400

Zoning

  • Zoning: SI

Geography

  • District: P
  • Parcel: P -04-22-304-010
  • Lot: 11,27
  • Meridian: SEC 22 TWN 05N RNG 10E
  • Municipality: OXFORD TWP
  • Latitude: 42.83
  • Longitude: -83.2745

    Address

  • Full Address: 240 Derby Ln
  • Address - House Number: 240
  • Address - Street Name: Derby
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Oxford
  • Carrier Code: R013
  • 4-Digit Zip Code: 6703
  • Zip Code: 48371

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,640

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 467,983
  • High Value: 558,016
  • Low Value: 377,950

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,650
  • First Open Lien Mortgage Lender: CARTUS HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 08, 2016
  • First Open Lien Mortgage Loan Amount: $272,650
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $367,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Transaction ID: 1768730494
  • Current Sale Price: $292,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 149863
  • Previous Sale Recording Date: Oct 18, 2013
  • Previous Sale Contract Date: Oct 04, 2013
  • Previous Sale Amount: $269,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARTUS HOME LOANS LLC
  • First Mortgage Transaction Date: Aug 08, 2016
  • First Mortgage Loan Amount: $272,650
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Oct 18, 2013
  • Previous Mortgage Loan Amount: $242,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Oakland



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Frequently Asked Questions

What neighborhood is 240 Derby Lane located in?
The 240 Derby Lane is a located in the neighborhood of Oxford in Oakland, Oxford.
What is the average sales price for listings in 240 Derby Lane?
The average sales price for units in 240 Derby Lane is $0 currently.

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