NOT LISTED FOR SALE

1161 Terra Ln Rochester, MI 48306

Estimated Value: $707,987 - $743,000

4 Beds
3.5 Baths
2,900 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $475,000 $164 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,499/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wet Bar
  • Hugger Elementary School Rated A
  • 2 Car Direct Access Garage
  • Patio

About This Home

As of August 2017

IMPRESSIVE COLONIAL WITH NUMEROUS RECENT UPDATES. 2-STORY CEILINGS IN THE GREAT ROOM WITH FLOOR TO CEILING WINDOWS. MANY KITCHEN UPGRADES. FINISHED WALK OUT LOWER LEVEL WITH 2ND KITCHEN/BAR, FULL BATH AND HUGE RECREATION AREA (GREAT FOR ENTERTAINING). MASTER SUITE BATH REMODELED WITH CUSTOM FEATURES. BEAUTIFULLY LANDSCAPED YARD WITH DECK, STONE WALKWAY AND PATIO AREA. CUSTOM STORAGE UNITS IN GARAGE.

Last Agent to Sell the Property

Holly Hohnholt

Berkshire Hathaway HomeServices Kee Realty License #6501193851 Listed on: 06/29/2017

Berkshire Hathaway HomeServices Kee Realty

Last Buyer's Agent

Jinny Yun

Century 21 Professionals Troy License #6501273296

Century 21 Professionals Troy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 124x51x115x120

HOA Fees

  • $31 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Stony Creek Ridge North No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1501380011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,094

Year Built

Built in 1999

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4470
  • Sq Ft Lower Floor: 1570
  • Total Sq Ft: 2900
  • Sq Ft Total Bsmt: 1570

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 124
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 375
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2000000.0000
  • Lot Size Area: 0.24
  • Lot Dimensions: 124x51x115x120
  • Parcel Number: 1501380011

Tax Info

  • Tax Amount Summer: 5423.0000
  • Tax Amount Winter: 671.0000
  • Total Tax: 6094.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 3, 2017
Sold by
Blake David G and Blake Rammy
Bought by
Lee Erin J and Ahn Jeonghoon T
Seller's Agent
Holly Hohnholt
Berkshire Hathaway HomeServices Kee Realty
Buyer's Agent
Jinny Yun
Century 21 Professionals Troy
List Price
$480,000
Sold Price
$475,000
Premium/Discount to List
-$5,000
-1.04%
Current Estimated Value
$722,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,997
Avg. Annual Appreciation
5.24%
Original Mortgage
$380,000
Outstanding Balance
$309,627
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$413,370

Purchase Details

Closed on
Sep 17, 2009
Sold by
Brodsky Mary A
Bought by
Blake David G and Blake Tammy

Purchase Details

Closed on
Dec 17, 1999
Sold by
Rochester Properties Dev
Bought by
Valenti Company
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
Lee Erin J $475,000 Premiertitleagency Llc
Blake David G $367,000 Metro Hills Title Agency Llc
Valenti Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Erin J $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2017 08/03/17 Sold $475,000 -1.0% $164 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $480,000 -- $166 / 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 $8,108 $308,250 $0 $0
2023 $7,764 $275,230 $0 $0
2022 $8,259 $254,920 $0 $0
2021 $7,759 $251,550 $0 $0
2020 $7,285 $242,220 $0 $0
2019 $8,010 $235,840 $0 $0
2018 $8,238 $237,200 $0 $0
2017 $6,293 $227,770 $0 $0
2016 $6,093 $219,450 $0 $0
2015 -- $208,180 $0 $0
2014 -- $193,710 $0 $0
2011 -- $166,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217055781

Realcomp

APN: 15-01-380-011