NOT LISTED FOR SALE

1042 Springwood Ln Rochester Hills, MI 48309

Estimated Value: $503,000 - $550,000

3 Beds
2.5 Baths
2,256 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $430,000 $191 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,405/month

38 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • University Hills Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of April 2023

Spacious ranch in the Avon Hollow subdivision located in central Rochester Hills. Bright and airy interior with cathedral ceilings in the living room and dining room.

Large open plan kitchen with sunny breakfast nook.

Master bedroom with laminate floors has its own en suite bathroom with shower and soaking tub plus a walk in closet for ample storage. There are two more sizable bedrooms with a second full bath.

Family room has sliding glass door that opens directly on to the patio. New laminate floors plus a working fireplace make the room a sunny yet cozy place for the family to gather.

From the front door you can step in to a private courtyard for gardening or gathering. The two-car garage gives you room for two vehicles or extra storage. The large unfinished basement provide additional storage or can be finished to create even more living space.

The house is located just south of Walton Blvd for easy access to either downtown Rochester or I-75. Or you can go 1.5 miles south to access M-59.

This is an impeccably clean home that reflects pride of ownership. Freshly repainted inside and out.

Last Agent to Sell the Property

gina iacobelli

Independence Management Corp License #6502409117 Listed on: 02/16/2023

Last Buyer's Agent

Deborah Kita

Berkshire Hathaway HomeServices Kee Realty Roch License #6501395020

Berkshire Hathaway HomeServices Kee Realty Roch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90.00 x 135.00

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,256 Sq Ft Home
  • Family Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Avon Hollow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1516426027
  • $20,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,258

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1985
  • State Equalized Value: 190850.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2256
  • Total Sq Ft: 2256
  • Sq Ft Total Bsmt: 2192

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 90
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.28
  • Lot Dimensions: 90.00 x 135.00
  • Parcel Number: 1516426027

Tax Info

  • Tax Amount Summer: 2290.0000
  • Tax Amount Winter: 1968.0000
  • Total Tax: 4258.0000
  • Taxable Value: 141080.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 21, 2023
Sold by
Rodolfo Lacobelli Family Trust
Bought by
John Jai and Mathew Princy
Seller's Agent
gina iacobelli
Independence Management Corp
Buyer's Agent
Deborah Kita
Berkshire Hathaway HomeServices Kee Realty Roch
List Price
$469,500
Sold Price
$430,000
Premium/Discount to List
-$39,500
-8.41%
Views
239
Current Estimated Value
$528,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,787
Avg. Annual Appreciation
6.90%
Original Mortgage
$370,000
Outstanding Balance
$362,172
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$141,502
Source: Public Records

Range of Values:

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Average Value
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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
John Jai $430,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Jai $370,000
Previous Owner Iacobelli Rodolfo Trust --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $430,000 -8.4% $191 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $469,500 -- $208 / 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
2022 $3,296 $190,850 $0 $0
2018 $4,141 $172,370 $0 $0
2017 $4,060 $173,140 $0 $0
2015 -- $160,590 $0 $0
2014 -- $144,810 $0 $0
2011 -- $126,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • g

    Seller's Agent in 2023

    gina iacobelli

    Independence Management Corp

    (248) 620-8660

    1 in this area

    27 Total Sales

    gina iacobelli
    Section Image
  • Deborah Kita

    Buyer's Agent in 2023

    Deborah Kita

    Berkshire Hathaway HomeServices Kee Realty Roch

    (810) 919-0644

    1 in this area

    22 Total Sales

    Deborah Kita
    Section Image
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Map

Source: Realcomp

MLS Number: 20230009873

Realcomp

APN: 15-16-426-027

Michigan Oakland County Rochester Hills 48309

1042 Springwood Ln, Rochester Hills, MI

This home is located at 1042 Springwood Ln, Rochester Hills, MI 48309 since 16 February 2023 and is currently estimated at $528,787, approximately $234 per square foot. This property was built in 1985. 1042 Springwood Ln is a home located in Oakland County with nearby schools including University Hills Elementary School, West Middle School, and Rochester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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