NOT LISTED FOR SALE

16850 Silverado Dr Southgate, MI 48195

Estimated Value: $380,259 - $442,000

3 Beds
3 Baths
3,349 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $300,000 $90 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,824/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Patio
  • Cathedral Ceiling
  • Skylights
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

BEAUTIFUL TWO-STORY COLONIAL LOCATED IN DESIREABLE CORNERSTONE SUB DIVISION. FEATURES INCLUDE: 3 BEDROOMS, 3 FULL BATHROOMS AND (1) HALF BATH. FOYER ENTRY. FIRST FLOOR HOME OFFICE WITH HIGH CEILING AND LARGE WINDOW. GREAT ROOM WITH CATHEDRAL CEILING, GAS FIREPLACE, 2 SKYLIGHTS AND LARGE WINDOWS WITH LOTS OF NATURAL LIGHT. LARGE EAT IN KITCHEN WITH ISLAND AND DOORWALL TO BEAUTIFUL BRICK PAVER PATIO AND BACKYARD. FORMAL DINING ROOM FOR ENTERTAINING. FIRST FLOOR LAUNDRY. NEWER ENGINEERED BAMBOO HARDWOOD FLOORS THROUGHOUT THE FIRST FLOOR. UPSTAIRS OVERLOOK WITH STUDY AREA. LARGE MASTER BEDROOM WITH DEEP WALK IN CLOSET AND MASTER BATH FEATURING A 6’ WHIRLPOOL TUB AND DOUBLE VANITY. FINISHED BASEMENT/ REC ROOM WITH FULL BATH, STORAGE ROOM AND BACK UP SUMP PUMP. 50 GALLON HOT WATER HEATER. INTERCOM WITH MUSIC THROUGH-OUT HOUSE. BOSE SURROUND SOUND SYSTEM IN GREAT ROOM AND BASEMENT. NEWER ROOF AND WINDOWS. BUYER TO VERIFY ALL MEASUREMENTS.

Last Agent to Sell the Property

Jeree Haarala

Real Estate One Southgate License #MCAR-6501406825 Listed on: 01/10/2021

Real Estate One Southgate

Last Buyer's Agent

Vetrice Barber

EXP Realty LLC License #RCO-6501412032

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x120

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Cornerstone HOA

Listing and Financial Details

  • Assessor Parcel Number 53-023-02-0059-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,611

Year Built

Built in 1998

Lot Details

7,405 Sq Ft Lot

HOA Fees

$13 per month

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 5611
  • Total Tax Year: 2019
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Skylights
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Grt Rm Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 16 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Basement
  • Dining Room: On 1st Floor, Dimensions: 14 x 12
  • Great Room: On 1st Floor, Dimensions: 20 x 13
  • Kitchen: On 1st Floor, Dimensions: 19 x 13
  • Laundry: On 1st Floor, Dimensions: 6 x 10
  • Library Den: On 1st Floor, Dimensions: 13 x 11
  • Below Grade Sq Ft: 1250
  • Finished Below Grade Sq Ft: 1250
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2099
  • Total Finished Sq Ft: 3349

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Patio
  • Foundation: Basement
  • Frontage: 60

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Direct Access
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Yearly
  • HOA Fee Includes: Gas, Heating/Cooling
  • Association Contact: Cornerstone HOA
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 53-023-02-0059-000
  • Location: Subdivision
  • Lot Dimensions: 60 x120
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $4,344.00
  • Winter Tax: Year: 2019, Amount: $1,267.00
  • Total Tax: Year: 2019, Amount: $5,611.00

MLS Schools

  • School District: Southgate Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Mar 25, 2021
Sold by
Hosler Brian J and Labadie Nicole J
Bought by
Billingslea Wallace Tarea
Seller's Agent
Jeree Haarala
Real Estate One Southgate
Buyer's Agent
Vetrice Barber
EXP Realty LLC
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$409,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,565
Avg. Annual Appreciation
6.41%
Original Mortgage
$255,000
Outstanding Balance
$229,357
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$180,208

Purchase Details

Closed on
May 12, 2017
Sold by
Exel David G and Exel Beverly
Bought by
Hosler Brian J

Purchase Details

Closed on
Feb 10, 2016
Sold by
Exel Family Revocable Living Trust
Bought by
Exel David G and Exel Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Billingslea Wallace Tarea $300,000 First American Title
Hosler Brian J $243,000 Embassy Title Agency
Exel David G -- Dfcu Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billingslea Wallace Tarea $255,000
Previous Owner Exel David G $159,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2021 03/25/21 Sold $300,000 +1.7% $90 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $295,000 +21.4% $88 / Sq Ft
07/14/2017 07/14/17 Sold $243,000 -2.8% $116 / Sq Ft View Prior Sale
04/08/2017 04/08/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $250,000 -- $119 / Sq Ft
Source: Michigan Multiple Listing Service

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
2025 $7,478 $180,600 $0 $0
2024 $7,723 $173,800 $0 $0
2023 $7,015 $153,300 $0 $0
2022 $8,006 $134,400 $0 $0
2021 $5,787 $123,900 $0 $0
2020 $5,685 $121,100 $0 $0
2019 $5,611 $118,400 $0 $0
2018 $4,234 $95,700 $0 $0
2017 $2,039 $90,500 $0 $0
2016 $4,040 $82,200 $0 $0
2015 $7,226 $77,200 $0 $0
2013 $7,000 $71,700 $0 $0
2012 $2,908 $69,300 $11,400 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50031893

Michigan Multiple Listing Service

APN: 53-023-02-0059-000

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