NOT LISTED FOR SALE

1486 S Commerce Rd Walled Lake, MI 48390

Estimated Value: $304,832 - $365,000

3 Beds
2 Baths
1,673 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $148,700 $89 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,051/month

182 Days on Market

Highlights

  • Lake Privileges
  • Ranch Style House
  • 1 Car Detached Garage
  • James R Geisler Middle School Rated A-
  • No HOA
  • Porch

About This Home

As of June 2014

LAKE ACCESS! LOVELY HOME IN DESIRED AREA! MOVE RIGHT IN! LARGE LOT. FRESH PAINT AND NEW CARPET, STONE FIREPLACE AND DOORWALL TO PATIO! IDEAL FOR FIRST TIME HOMEOWNERS! PLUS, THIS IS A FANNIE MAE PROPERTY AND CAN BE PURCHASED FOR AS LITTLE AS 5% DOWN! THIS PROPERTY IS ELIGIBLE FOR HOMEPATH MORTGAGE & RENOVATION MORTGAGE FINANCING. DON'T MISS THIS ONE! CALL TODAY TO SEE THIS PROPERTY. ALL MEASUREMENTS ARE APPROXIMATE, BUYERS AGENT TO VERIFY ALL INFO.

Last Agent to Sell the Property

Darren Johnson

Johnson Premier Realty Co License #6501314852 Listed on: 10/22/2013

Last Buyer's Agent

Kori Adams

Coldwell Banker Realty-Commerce License #6501380276

Coldwell Banker Realty-Commerce

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 64x190

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,673 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake Privileges
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Penny Lake Shores No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1726306001
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,054

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1673
  • Total Sq Ft: 1673

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Frontage Feet: 64
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Side Entrance
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 531071.4286
  • Lot Size Area: 0.28
  • Lot Dimensions: 64X190
  • Parcel Number: 1726306001

Tax Info

  • Tax Amount Summer: 2003.0000
  • Tax Amount Winter: 51.0000
  • Total Tax: 2054.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jun 11, 2014
Sold by
Fannie Mae
Bought by
Motyka Jeffrey
Seller's Agent
Darren Johnson
Johnson Premier Realty Co
Buyer's Agent
Kori Adams
Coldwell Banker Realty-Commerce
List Price
$184,900
Sold Price
$148,700
Premium/Discount to List
-$36,200
-19.58%
Current Estimated Value
$327,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,758
Avg. Annual Appreciation
6.82%
Original Mortgage
$146,006
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2013
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 11, 2013
Sold by
Olsen Deborah Daniels and Mortgage Electronic Registrati
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
May 15, 1997
Sold by
Olsen Dennis J
Bought by
Olsen Deborah Daniels

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.68%
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
Motyka Jeffrey $148,700 Attorneys Title Agency Llc
Fannie Mae -- None Available
Green Tree Servicing Llc $168,651 None Available
Olsen Deborah Daniels -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motyka Jeffrey $144,800
Closed Motyka Jeffrey $25,000
Closed Motyka Jeffrey $146,006
Previous Owner Olsen Deborah Daniels $168,000
Previous Owner Olsen Deborah Daniels $20,950
Previous Owner Olsen Deborah Daniels $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $148,700 -19.6% $89 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $184,900 -- $111 / 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 $2,901 $127,730 $0 $0
2023 $2,734 $119,650 $0 $0
2022 $2,722 $112,280 $0 $0
2021 $2,758 $108,950 $0 $0
2020 $2,636 $103,930 $0 $0
2019 $3,402 $93,280 $0 $0
2018 $2,712 $83,650 $0 $0
2017 $3,320 $82,240 $0 $0
2016 $2,694 $76,450 $0 $0
2015 -- $59,190 $0 $0
2014 -- $41,610 $0 $0
2011 -- $45,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darren Johnson

    Seller's Agent in 2014

    Darren Johnson

    Johnson Premier Realty Co

    (313) 506-8861

    96 Total Sales

    Darren Johnson
    Section Image

  • K

    Buyer's Agent in 2014

    Kori Adams

    Coldwell Banker Realty-Commerce

    Section Image
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Map

Source: Realcomp

MLS Number: 213109868

Realcomp

APN: 17-26-306-001

Michigan Oakland County Walled Lake 48390

1486 S Commerce Rd, Walled Lake, MI

This home is located at 1486 S Commerce Rd, Walled Lake, MI 48390 since 22 October 2013 and is currently estimated at $327,458, approximately $195 per square foot. This property was built in 1971. 1486 S Commerce Rd is a home located in Oakland County with nearby schools including Mary Helen Guest Elementary School, James R Geisler Middle School, and Walled Lake Central 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
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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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