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5306 Oak Park Drive

5306 Oak Park Drive, Clarkston, MI 48346
Property in Independence
Sold Aug 02, 1999
$116,000
$203,000 by Nationstar Mortgage Llc
Mortgage Due Jun 01, 2053
Local assessors in Clarkston, MI have categorized 5306 Oak Park Drive as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 30,013 square feet. The linear feet between the front and back of the lot was measured at 3,000 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5306 Oak Park Drive has a total of 1,926 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 894 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of wood. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5306 Oak Park Drive sold most recently in May 20, 1999 for a total of $116,000. If you work out the math, that's approximately a cost of $60.23 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,393 in taxes each year. The initial year of tax delinquency occurred in 2016. 5306 Oak Park Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $144,200. If we break it down further, the land itself was valued at $24,800. Improvements to the property, however, were assessed at a total of $119,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 894
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 30,013
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,926
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSHINE ACRES
  • Land Acres: 0.689
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T4N, R9E, SEC 35 SUNSHINE ACRES N 100 FT OF LOT 128

Ownership

  • Current Owner : STOUT TRAVIS E
  • Previous Owner : THIERBACH BRETT A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clarkston Community School District
  • School Tax School District: 63190
  • Census Tract: 127700

Zoning

  • Zoning: R1A

Geography

  • District: J
  • Section: 35
  • Parcel: J -08-35-102-008
  • Lot: 128
  • Meridian: SEC 35 TWN 4N RNG 9E
  • Municipality: INDEPENDENCE TWP
  • Latitude: 42.7167
  • Longitude: -83.3662

    Address

  • Full Address: 5306 Oak Park Dr
  • Address - House Number: 5306
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Clarkston
  • Carrier Code: C001
  • 4-Digit Zip Code: 3946
  • Zip Code: 48346

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,393
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 76
  • Final Value: 339,110
  • High Value: 400,044
  • Low Value: 278,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 24, 2023
  • First Open Lien Mortgage Loan Amount: $203,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $288,400
  • Market Land Value: $49,600
  • Market Improvement Value: $238,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,200
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $119,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 1999
  • Current Sale Recording Date: Aug 02, 1999
  • Current Sale Transaction ID: 1153264600
  • Current Sale Price: $116,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK
  • First Mortgage Transaction Date: Aug 02, 1999
  • First Mortgage Loan Amount: $92,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Oakland



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Frequently Asked Questions

What neighborhood is 5306 Oak Park Drive located in?
The 5306 Oak Park Drive is a located in the neighborhood of Independence in Oakland, Clarkston.
What is the average sales price for listings in 5306 Oak Park Drive?
The average sales price for units in 5306 Oak Park Drive is $0 currently.

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