NOT LISTED FOR SALE

Estimated Value: $361,000 - $391,348

4 Beds
4 Baths
2,315 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $300,000 $130 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,690/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Water Softener is Owned
  • Loon Lake Elementary School Rated A-
  • Programmable Thermostat
  • Forced Air Heating System

About This Home

As of March 2022

LOCATION, LOCATION, LOCATION! WALK TO YOUR HOA BEACH, PARK & BOAT LAUNCH ON WOLVERINE LAKE! TAKE A SHORT WALK TO FANTASTIC CLARA MILLER PARK OR HOP ON THE MULTI-JURISDICTIONAL BIKE PATH! IDEAL INVESTMENT PROPERTY - Live in one unit and rent out the other. Two Identical Units – offer 2,315 Total Square Feet. Each Unit has 2 Bedrooms and 1.5 Baths, a Spacious Great Room, Dining/Family Room with a door-wall leading to a Patio, Snack-bar Kitchen with appliances, Full Basement with painted floor, washer and dryer. Fenced Yard, Award Winning Walled Lake Schools.
Newer 2018 Dimensional Shingle Roof! Unit 1037 Updates Include: new Water Heater, Dishwasher, Carpet and Paint.

Last Listed By

Team Stockton

KW Showcase Realty License #6501238297 Listed on: 02/01/2022

KW Showcase Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 69x145x69x145
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,315 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutter Guard System

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1722305013

Community Details

Overview

  • 2 Units
  • Wolverine Lake Manor Subdivision
  • Swim Association

Recreation

  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,098

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1973
  • State Equalized Value: 124420.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2315
  • Total Sq Ft: 2315
  • Sq Ft Total Bsmt: 2315

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WOLVERINE LAKE
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Gutter Guard System, Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 69
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing), Water at Street

Schools

  • School District: Walled Lake

Lot Info

  • Lot Size Area: 0.23
  • Lot Dimensions: 69X145X69X145
  • Parcel Number: 1722305013
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 3627.0000
  • Tax Amount Winter: 471.0000
  • Total Tax: 4098.0000
  • Taxable Value: 74700.0000

Multi Family

  • Waterfront Features: All Sports Lake, Swim Association
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 11, 2022
Sold by
Sheedy Gerard D
Bought by
Virlan Ciprian V and Virlan Monica
Seller's Agent
Team Stockton
KW Showcase Realty
Buyer's Agent
Robert Kortze
KW Showcase Realty
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Total Days on Market
7
Current Estimated Value
$375,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,087
Avg. Annual Appreciation
7.95%
Original Mortgage
$225,000
Outstanding Balance
$212,251
Interest Rate
3.25%
Mortgage Type
Balloon
Estimated Equity
$169,476

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Virlan Ciprian V $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virlan Ciprian V $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $300,000 -7.7% $130 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $324,900 -- $140 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,333 $165,040 $0 $0
2023 $6,965 $148,390 $0 $0
2022 $4,357 $137,320 $0 $0
2021 $4,158 $128,410 $0 $0
2020 $3,627 $124,420 $0 $0
2019 $3,121 $118,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220006782

Realcomp

APN: 17-22-305-013