NOT LISTED FOR SALE

1485 Forest Bay Ct Wixom, MI 48393

Estimated Value: $552,000 - $571,000

4 Beds
2.5 Baths
2,659 Sq Ft
$210/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $310,000 $117 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,614/month

98 Days on Market

Highlights

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Loon Lake Elementary School Rated A-
  • Colonial Architecture
  • Wooded Lot

About This Home

As of January 2018

Classic 4 bdrm/2.1 bath brick colonial in sought after Loon Lake Woods. Beautiful, .39 acre heavily wooded site with spectacular views of nature. Spacious kitchen and breakfast nook opens to family room w/fireplace and access to huge custom built deck and charming gazebo where tranquility and privacy provided by surrounding natural beauty awaits. Hardwood flooring in foyer, kitchen/nook & powder room. 2015 new A/C. Newer carpet in most rooms. Cozy library off 2-story foyer. Inviting master suite with WIC, dressing area, separate shower and soaking tub. 3 additional bedrooms and full bath complete the upper floor. Home is located in secluded, low traffic area of community, just steps from private, sandy beach. Private community boat launch is available for annual membership. Easy access to shopping, expressways, and charming downtown Wixom. Highly regarded Walled Lake school district. AS IS SHORT SALE

Last Agent to Sell the Property

Joanne Fletcher

Real Estate One-Commerce License #6501340059 Listed on: 09/06/2017

Real Estate One-Commerce

Last Buyer's Agent

Jerry Yatooma

Preferred, Realtors® Ltd License #5601364677

Preferred, Realtors® Ltd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100x165.12
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,659 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Gazebo

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1729407011

Community Details

Overview

  • Loon Lake Woodlands Sub No 2 Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,537

Year Built

Built in 1995

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.9
  • Year Built: 1995
  • Foundation Features: Sump Pump
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Washer
  • Sq Ft Combined: 2659
  • Total Sq Ft: 2659
  • Sq Ft Total Bsmt: 1437

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Loon Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Gazebo
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Side Entrance
  • 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 Frequency: Annually
  • Association Fee: 300
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • List Price per Acre: 907631.5789
  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 0.38
  • Lot Dimensions: 100X165.12
  • Parcel Number: 1729407011

Tax Info

  • Tax Amount Summer: 7438.0000
  • Tax Amount Winter: 99.0000
  • Total Tax: 7537.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Swim Association

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jan 12, 2018
Sold by
Mccnffery Gregory S
Bought by
Mcdermott Jacob and Mcdermott Deanna
Seller's Agent
Joanne Fletcher
Real Estate One-Commerce
Buyer's Agent
Jerry Yatooma
Preferred, Realtors® Ltd
List Price
$365,000
Sold Price
$310,000
Premium/Discount to List
-$55,000
-15.07%
Current Estimated Value
$558,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,819
Avg. Annual Appreciation
7.28%
Original Mortgage
$294,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 28, 2017
Sold by
Mccaffery Sherri A
Bought by
Mccaffery Gregory S
Seller's Agent
Joanne Fletcher
Real Estate One-Commerce
Buyer's Agent
Jerry Yatooma
Preferred, Realtors® Ltd
List Price
$365,000
Sold Price
$310,000
Premium/Discount to List
-$55,000
-15.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1996
Sold by
Loon Lake Woods Inc
Bought by
Cohen Associates Inc

Purchase Details

Closed on
Dec 29, 1995
Sold by
Cohen Associates Inc
Bought by
Mccaffery Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.11%
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
Mcdermott Jacob $310,000 First American Title Insuran
Mccaffery Gregory S -- None Available
Cohen Associates Inc $55,000 --
Mccaffery Gregory S $239,710 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Jacob $220,000
Closed Mcdermott Jacob $222,000
Closed Mcdermott Jacob $224,000
Closed Mcdermott Jacob $224,000
Closed Mcdermott Jacob $224,000
Closed Mcdermott Jacob J $230,000
Closed Mcdermott Jacob $294,500
Previous Owner Mccaffery Gregory S $395,000
Previous Owner Mccaffery Gregory S $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $310,000 -10.1% $117 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
10/07/2017 10/07/17 Price Changed $344,900 -2.3% $130 / Sq Ft
09/20/2017 09/20/17 Price Changed $352,900 -3.3% $133 / Sq Ft
09/06/2017 09/06/17 For Sale $365,000 0.0% $137 / Sq Ft
10/21/2012 10/21/12 Rented $2,000 -9.1% --
10/16/2012 10/16/12 Under Contract -- -- --
09/16/2012 09/16/12 For Rent $2,200 -- --
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 $6,524 $232,320 $0 $0
2023 $6,179 $205,050 $0 $0
2022 $6,207 $178,150 $0 $0
2021 $6,150 $170,440 $0 $0
2020 $5,994 $169,730 $0 $0
2019 $6,244 $166,700 $0 $0
2018 $5,147 $165,610 $0 $0
2017 $8,012 $165,080 $0 $0
2016 $7,536 $152,560 $0 $0
2015 -- $143,510 $0 $0
2014 -- $134,990 $0 $0
2011 -- $120,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217080570

Realcomp

APN: 17-29-407-011