481 Overlook Drive, Oxford Township
$470,000
About this home
Price Improvement on this home!! This spacious Colonial-style home is ready for you to bring your vision and creativity to make it move-in ready once again! From the moment you enter, you’ll be greeted by an impressive two-story foyer that sets the tone for this home’s spacious layout and potential. To the right, you’ll find a library area or could be used as a den, while the hallway leads into the open-concept living room and dining area, creating a wonderful space for everyday living and entertaining. The generously sized kitchen offers plenty of room to make it your own, and just beyond the kitchen is the butler’s pantry, ready for your vision and updates. Upstairs, to the left you’ll find three nicely sized bedrooms and a full bathroom, along with a massive primary suite that truly stands out that is to the right. The primary bedroom features a vaulted ceiling, two walk-in closets, a large primary bathroom, and an additional flex space that could be used as a sitting area, office, dressing room, or whatever best suits your needs. The unfinished basement offers even more potential and could be finished to create additional living, recreation, or storage space. With a fantastic floor plan, generously sized rooms, and plenty of opportunity to add your personal touches, this Colonial is ready for someone to bring it back to life and make it their own!
The facts
| Price | $470,000 |
| Original price | $489,900 |
| Price cut | −$19,900 |
| Beds | 4 |
| Baths | 2 full, 1 half |
| Square feet | 3,065 |
| Type | Single family residence |
| Subdivision | BLUFFS OF WATERSTONE |
| County | Oakland |
| MLS # | 20261075339 |
| Listed | 2026-09-17 |
| Days on market | 38 |
| Year built | 2001 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Full, Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 3.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 0421402016 |
| Listing office | Millennium Prop & Mgt Co LLC |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $257,230 | about $235,000 |
| Yearly property tax | $10,754 | about $8,741 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $259,650. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Oxford Township's 2025 homestead rate of 37.19 mills and assumes you claim the homestead exemption. See Oxford Township's full tax breakdown or run the uncapping calculator.
Ask Match Realty about this home
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.