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5414 Oakridge Drive

5414 Oakridge Drive, Midland, MI 48640
Property in Midland
Sold Jul 01, 2021
$382,500
$306,000 by Cardinal Financial Company Lp
Mortgage Due Jul 01, 2051
5414 Oakridge Drive has been categorized by the local assessors in Midland, MI as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5414 Oakridge Drive has 2,368 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,460 ft and across the front of the lot is 1,020 ft. The area measurement of the land has been determined as 14,810 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 620 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Jun 30, 2021 for $382,500. That's $161.53 per sqft. 5414 Oakridge Drive was last assessed in 2023. The total value of the property was assessed at $190,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,518. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,500
  • Garage Type: Garage
  • Garage Square Area: 620
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE RIDGE NORTH
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 STONE RIDGE NORTH

Ownership

  • Current Owner : XU RICHARD FEIRAN
  • Current Owner 2: CHEN WEN
  • Previous Owner : KUMAR ANIL
  • Previous Owner 2: KUMAR POONAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Midland Public Schools
  • School Tax School District: 56010
  • Census Tract: 291200

Zoning

  • Zoning: RA1

Geography

  • District: 180
  • Parcel: 13-01-10-756
  • Lot: 28
  • Municipality: MIDLAND CITY
  • Latitude: 43.6531
  • Longitude: -84.2937

    Address

  • Full Address: 5414 Oakridge Dr
  • Address - House Number: 5414
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Midland
  • Carrier Code: C032
  • 4-Digit Zip Code: 8104
  • Zip Code: 48640

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,518
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 450,686
  • High Value: 544,583
  • Low Value: 356,790

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $306,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $380,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841554769
  • Current Sale Price: $382,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Midland



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Frequently Asked Questions

What neighborhood is 5414 Oakridge Drive located in?
The 5414 Oakridge Drive is a located in the neighborhood of Midland in Midland, Midland.
What is the average sales price for listings in 5414 Oakridge Drive?
The average sales price for units in 5414 Oakridge Drive is $0 currently.

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