NOT LISTED FOR SALE

1316 E Fairview Ln Rochester Hills, MI 48306

Estimated Value: $510,000 - $570,000

5 Beds
2.5 Baths
2,428 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $350,000 $144 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,355/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Long Meadow Elementary School Rated A
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of April 2017

Lssd

Last Agent to Sell the Property

Drew Colburn

The Drew Colburn Real Estate Group License #6501288064 Listed on: 03/28/2017

Last Buyer's Agent

Drew Colburn

The Drew Colburn Real Estate Group License #6501288064 Listed on: 03/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976 | Remodeled in 2015

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 92x186

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • No Home Owners Association
  • Fairview Farms Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1504404004
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,064

Year Built

Built in 1976 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1976
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3128
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 2428
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 92
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: No

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • List Price per Acre: 897435.8974
  • Lot Size Area: 0.39
  • Lot Dimensions: 92X186
  • Parcel Number: 1504404004

Tax Info

  • Tax Amount Summer: 2666.0000
  • Tax Amount Winter: 1398.0000
  • Total Tax: 4064.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2019
Sold by
Masters Justin L
Bought by
Masters Justin L and Masters Sarah J
Current Estimated Value
$537,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Outstanding Balance
$165,116
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$372,251

Purchase Details

Listed on
Mar 28, 2017
Closed on
Mar 27, 2017
Sold by
Ritter Lee
Bought by
Masters Justin
Seller's Agent
Drew Colburn
The Drew Colburn Real Estate Group
Buyer's Agent
Drew Colburn
Colburn McDonald Asoc, REALTOR®
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
May 16, 2015
Closed on
Jul 2, 2015
Sold by
Bronz Edward W and Bronx Linda S
Bought by
Ritter Lee
Seller's Agent
Rene Evans
Re/Max Defined
Buyer's Agent
Nancy Ritter
Coldwell Banker Weir Manuel
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$332,364
Interest Rate
3.83%
Mortgage Type
VA
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
Masters Justin L -- None Available
Masters Justin $350,000 Bankers Title Settlement Ser
Ritter Lee $325,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masters Justin L $251,500
Previous Owner Ritter Lee $332,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2017 04/03/17 Sold $350,000 0.0% $144 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $350,000 +7.7% $144 / Sq Ft
07/02/2015 07/02/15 Sold $325,000 +1.9% $125 / Sq Ft View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $319,000 -- $123 / 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 $2,864 $178,500 $0 $0
2018 $4,742 $147,840 $0 $0
2017 $4,718 $146,950 $0 $0
2015 -- $134,790 $0 $0
2014 -- $113,160 $0 $0
2011 -- $95,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Colburn

    Seller's Agent in 2017

    Drew Colburn

    The Drew Colburn Real Estate Group

    (248) 320-7007

    25 in this area

    137 Total Sales

    Drew Colburn
    Section Image

  • R

    Seller's Agent in 2015

    Rene Evans

    RE/MAX

  • N

    Buyer's Agent in 2015

    Nancy Ritter

    Coldwell Banker Weir Manuel

    Section Image
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Map

Source: Realcomp

MLS Number: 217023466

Realcomp

APN: 15-04-404-004

Michigan Oakland County Rochester Hills 48306

1316 E Fairview Ln, Rochester Hills, MI

This home is located at 1316 E Fairview Ln, Rochester Hills, MI 48306 since 28 March 2017 and is currently estimated at $537,367, approximately $221 per square foot. This property was built in 1976. 1316 E Fairview Ln is a home located in Oakland County with nearby schools including Long Meadow Elementary School, West Middle School, and Rochester Adams High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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