Special offer

Red Barn Village Sub, Oxford Michigan

By
Real Estate Agent with Coldwell Banker Professionals

Red Barn Village Sub in Oxford Township consists of 123 home sites just south of Drahner Rd, west of M-24. Red Barn is an older sub- houses built in the early to mid sixties, mostly ranches and tri-levels, with Lake Orion schools. The neighborhood also features community well and sewer, good sized yards- fences allowed. Excellent location with easy access to both downtown Oxford and Lake Orion.

Some of the area amenities include:

2009 was a rough year for Red Barn Village. 7 houses sold ranging from $50,000 to $90,210 (after subtracting seller concessions). 6 or those 7 houses were foreclosures and the other sale was a short sale.

As of October 23 there were 7 closings in Red Barn ranging in price from $46,500-$77,600- all foreclosures.

This is a great price point for the person who wants a house but with a reasonable payment (first time home buyer, starting over, retirement, down sizing, etc.). Or a terrific rental prospect. A typical house in this neighborhood, in good condition, would probably rent for around $900 or so per month.

For a list of current listings in Red Barn Village please call or email:

Cell: 248-736-6407

Jackie@JackieHawley.com

Posted by

Jackie Hawley, Realtor, ePro

ReMax Encore
Cell: (248)736-6406
Jackie@JackieHawley.com 
www.MiRelocation.com 

 

Wendy Patton
Keller Williams - Clarkston, MI
Broker, Investor, Coach

Red Barn is a GREAT sub. I have owned homes in there in that past that i was happy to get for 125k!   They do rent for $900-1200 a month!  A great place to live and some nice homes....

Nov 02, 2010 02:16 PM
Jackie Hawley
Coldwell Banker Professionals - Oxford, MI
Southeast Michigan Real Estate

Hey Wendy! Great to hear from you! It is a nice little sub- affordable and at today's prices great for the investor.

Nov 02, 2010 03:56 PM