NOT LISTED FOR SALE

Estimated Value: $307,155 - $362,000

4 Beds
1.5 Baths
1,615 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $265,000 $164 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,159/month

9 Days on Market

Highlights

  • Beach Access
  • Lake Privileges
  • Wooded Lot
  • Loon Lake Elementary School Rated A-
  • Deck
  • Raised Ranch Architecture

About This Home

As of December 2021

This is an AMAZING FIND-- 4 bedroom Home in Penny Lake Estates has so much to offer, w LAKE PRIVLEGES to WOLVERINE LAKE, award winning Walled Lake Schools; Sits on a large fenced lot w mature trees, big deck for relaxing. Upper Level provides the Kitchen & nook with stylish flooring, oak cabinets & plenty of space, doorwall leading to the great deck (NEW DOORWALL ON ORDER WILL BE IN BEFORE CLOSE); Spacious Living room off the kitchen w large bay window bringing in much natural light. Three good sized bedrooms, full UPDATED BATH, and a lav in master bedroom complete Main Upper Level. Hardwood flooring is under the carpet on upper level. Delightful Lower Level w many daylight windows expands the living space, w/ super large Family Room w natural fireplace, 4th Bedroom, laundry area & lots of storage! NEW ROOF in 2018. 2 car garage! Excellent location, near M-5, X ways, entertainment, Parks, Michigan Air Line walking/bike trail. Don't miss this gem!

Last Listed By

Rick Nessel

National Realty Centers, Inc License #6501378895 Listed on: 10/23/2021

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 2018

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 111x110x83x107
  • Fenced
  • Wooded Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,615 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener Leased
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1727402012

Community Details

Overview

  • Penny Lake Estates No 2 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

Built in 1968 | Remodeled in 2018

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch, Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1968
  • State Equalized Value: 105380.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (rented)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1615
  • Total Sq Ft: 1615

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 111
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 50
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Lot Size Area: 0.24
  • Lot Dimensions: 111X110X83X107
  • Parcel Number: 1727402012

Tax Info

  • Tax Amount Summer: 3146.0000
  • Tax Amount Winter: 604.0000
  • Total Tax: 3750.0000
  • Taxable Value: 97210.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Dec 3, 2021
Sold by
Jana L Fredrick Revocable Living Trust and Fredrick Jana L
Bought by
Roberts Korey
Seller's Agent
Rick Nessel
National Realty Centers, Inc
Buyer's Agent
Jen Wells
Real Estate One-Novi
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Total Days on Market
9
Current Estimated Value
$331,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,289
Avg. Annual Appreciation
7.44%
Original Mortgage
$212,000
Outstanding Balance
$173,240
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$165,750

Purchase Details

Closed on
May 6, 2021
Sold by
Fredrick Jana L and Fredrick Jana L
Bought by
Fredrick Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,267
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2020
Sold by
Fredrick Jana L
Bought by
Fredrick Jana L and Fredrick Jana L

Purchase Details

Closed on
Oct 31, 2019
Sold by
Fredrick Jana Louise
Bought by
Fredrick Jana L and Fredrick Revocable Livi Jana L

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jan 25, 2018
Sold by
Pacitti Ronald Louis and Estate Of Pasquale P Pacitti
Bought by
Fredrick Jana Louise
Seller's Agent
Ginamarie Nuhn
Remerica United Realty-Brighton
Buyer's Agent
Jerome Townsend
3DX Real Estate LLC
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$176,739
Interest Rate
3.87%
Mortgage Type
FHA

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
Roberts Korey $265,000 None Listed On Document
Roberts Korey $265,000 None Listed On Document
Fredrick Jana L -- Amrock Inc
Fredrick Jana L -- None Available
Fredrick Jana L -- None Available
Fredrick Jana Louise $180,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Korey $212,000
Closed Roberts Korey $212,000
Previous Owner Fredrick Jana L $176,267
Previous Owner Fredrick Jana Louise $176,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $265,000 +6.4% $164 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $249,000 +38.3% $154 / Sq Ft
01/25/2018 01/25/18 Sold $180,000 -2.7% $111 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $184,900 -- $114 / 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 $3,819 $134,330 $0 $0
2023 $3,624 $121,790 $0 $0
2022 $4,315 $113,040 $0 $0
2021 $3,776 $105,380 $0 $0
2020 $3,109 $98,620 $0 $0
2019 $2,526 $94,090 $0 $0
2018 $2,442 $85,940 $0 $0
2017 $2,408 $85,940 $0 $0
2016 $2,378 $81,080 $0 $0
2015 -- $77,970 $0 $0
2014 -- $63,450 $0 $0
2011 -- $55,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210088311

Realcomp

APN: 17-27-402-012