NOT LISTED FOR SALE

1620 Balsam Way Unit 8 Milford, MI 48381

Estimated Value: $830,000 - $1,002,000

5 Beds
4.5 Baths
3,302 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $729,000 $221 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,875/month

13 Days on Market

Highlights

  • 2.36 Acre Lot
  • Deck
  • Ground Level Unit
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • Wine Refrigerator

About This Home

As of May 2022

Welcome to this estate sized Colonial home on almost 2 acres, located deep within the in a private neighborhood of Milford Pine Meadows, a short walk to Kensington Metro Park. The chandeliered 2 story foyer leads you right into the dining room, expansive great room with floor to ceiling windows and double door den/office. 1st floor primary bedroom with spacious bath including luxurious soaking tub, double sinks and enormous walk in closet. Gorgeous gourmet kitchen with custom cabinets stainless steel appliances, double oven, gas stove, wine fridge and eat in space with a fireplace, so much room for everyone! Deck overlooks the enormous backyard, great place to relax and watch the wildlife. Walkout lower level with custom bar, family room, workout room and additional bedroom and full bath. Storage is everywhere! 3+ car garage, circular driveway & close to downtown Milford. Newer mechanicals and roof, this home has been lovingly taken care of for many years.

Last Agent to Sell the Property

Jane Lowell

Max Broock, REALTORS®-Birmingham License #6501364139 Listed on: 04/21/2022

Max Broock, REALTORS®-Birmingham

Co-Listed By

Dawna Kuhne

Max Broock, REALTORS®-Birmingham License #6105310089

Last Buyer's Agent

Hyla Williams

Max Broock, REALTORS®-Birmingham License #6501251755

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1992

Lot Details

  • 2.36 Acre Lot
  • Property fronts a private road
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Shingle Siding
  • Chimney Cap

Interior Spaces

  • 3,302 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • ENERGY STAR Qualified Doors
  • Family Room with Fireplace
  • Finished Basement
  • Walk-Up Access

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Legacy Llc Association, Phone Number (248) 769-7370
  • Milford Pine Meadows Occpn 591 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1628200031

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,632

Year Built

Built in 1992

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 169.08
  • Year Built: 1992
  • State Equalized Value: 321750.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, ENERGY STAR® Qualified Door(s), High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 17
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Built-In Electric Oven, Disposal, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Gas Cooktop, Microwave, Range Hood, Wine Refrigerator
  • Sq Ft Combined: 4902
  • Sq Ft Lower Floor: 1600
  • Total Sq Ft: 3302
  • Sq Ft Total Bsmt: 2321

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Shingle Siding
  • Construction Features: Platted Sub., Site Condo
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Porch - Enclosed, Porch
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater, Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Annually
  • Phone: 2487697370
  • Association Fee: 750
  • Association Contact: Legacy LLC
  • Association Fee: Yes

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • Lot Features: Irregular, Sprinkler(s)
  • Lot Size Area: 2.36
  • Lot Dimensions: irregular
  • Parcel Number: 1628200031

Tax Info

  • Tax Amount Summer: 4658.0000
  • Tax Amount Winter: 1974.0000
  • Total Tax: 6632.0000
  • Taxable Value: 205960.0000

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 25, 2022
Sold by
Mergens Daniel M and Mergens Kathryn M
Bought by
Karhnak Stephen L and Karhnak Sara A
Seller's Agent
Jane Lowell
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Hyla Williams
Max Broock, REALTORS®-Birmingham
List Price
$729,000
Sold Price
$729,000
Current Estimated Value
$920,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,194
Avg. Annual Appreciation
5.10%
Original Mortgage
$649,900
Outstanding Balance
$614,844
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$240,688

Purchase Details

Closed on
Sep 12, 2003
Sold by
Iannello Robert and Iannello Carolyn
Bought by
Mergens Daniel M and Mergens Kathryn M

Purchase Details

Closed on
Feb 7, 2000
Sold by
Iannello Robert
Bought by
Iannello Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

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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
Karhnak Stephen L $729,000 None Listed On Document
Mergens Daniel M $646,000 Metropolitan Title Company
Iannello Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karhnak Stephen L $649,900
Previous Owner Mergens Daniel M $251,000
Previous Owner Mergens Daniel M $277,000
Previous Owner Mergens Daniel M $246,000
Previous Owner Iannello Robert $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $729,000 0.0% $221 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $729,000 -- $221 / 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 $9,284 $456,370 $0 $0
2023 $8,856 $393,360 $0 $0
2022 $7,453 $333,650 $0 $0
2021 $6,633 $321,750 $0 $0
2020 $4,605 $305,420 $0 $0
2019 $6,436 $293,370 $0 $0
2018 $6,348 $277,740 $0 $0
2017 $6,184 $277,740 $0 $0
2016 $6,148 $264,290 $0 $0
2015 -- $254,050 $0 $0
2014 -- $230,660 $0 $0
2011 -- $183,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Lowell

    Seller's Agent in 2022

    Jane Lowell

    Max Broock, REALTORS®-Birmingham

    (248) 425-2317

    1 in this area

    135 Total Sales

    Section Image
  • Dawna Kuhne

    Seller Co-Listing Agent in 2022

    Dawna Kuhne

    Max Broock, REALTORS®-Birmingham

    (248) 390-8819

    1 in this area

    141 Total Sales

    Section Image
  • Hyla Williams

    Buyer's Agent in 2022

    Hyla Williams

    Max Broock, REALTORS®-Birmingham

    (248) 933-1417

    1 in this area

    37 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2220027524

Realcomp

APN: 16-28-200-031

Michigan Oakland County Milford 48381

1620 Balsam Way Unit 8, Milford, MI

This home is located at 1620 Balsam Way Unit 8, Milford, MI 48381 since 21 April 2022 and is currently estimated at $920,194, approximately $278 per square foot. This property was built in 1992. 1620 Balsam Way Unit 8 is a home located in Oakland County with nearby schools including Johnson Elementary School, Oak Valley Middle School, and Christ Lutheran Christian Day 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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