NOT LISTED FOR SALE

16960 Oakview Cir Armada, MI 48005

Estimated Value: $377,000 - $550,000

1.02 Acres
$463,183 Price per Acre
44,431 Sq Ft Lot

Last Sold September 07, 2018

Last sale price $45,000

Est. 950% increase in value since last sale

Current estimated payment $3,115/month

868 Days on Market

About This Lot

As of September 2018

Perked, surveyed, well, septic and site plans approved. Select your own builder. Some building restrictions, 4 lots of approx. 1 buildable acre each. This development is the 1st to conform to new guidelines utilizing a dry hydrant for your protection and home insurance cost reduction.This open space development features 5 premium home sites on 15 acres. The open space acreage has 2 stocked ponds & a perimeter walking path. These lots offer close proximity to Romeo, Armada, & M-53 for ease of shopping & other activities. Electric on site & natural gas available @ Romeo Plank by fall 2018.

Last Agent to Sell the Property

Marjorie Fetty

Century 21 Professionals License #MISPE-6501245326 Listed on: 03/31/2016

Century 21 Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 1.02 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $20 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 02173000040

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land / Dockominium
  • Style: Vacant Land
  • Flood Insurance: Not Required
  • Total Tax Amount: 250
  • Total Tax Year: 2015
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Gravel

Utilities

  • Fuel On Site: Electric, Natural Gas

Condo/Co-op/Association

  • Association Fee: Yes

Fee Information

  • Fee Amount: 240
  • Fee Schedule: Yearly

Schools

  • School District: Armada Area Schools

Lot Info

  • Assessor Parcel Number: 02173000040
  • Location: Cul-De-Sac
  • Site Condo: Yes
  • Acreage: 1.02
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Platted, Unpaved
  • Zoning: Residential
  • Lot Size: irreg
  • Survey On File: Yes
  • Map Side Numeric: 28
  • Map Top Alpha: H

Tax Info

  • Total Tax: Year: 2015, Amount: $250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Russo Michael and Russo Carolina
Bought by
Russo Michael and Russo Michael
Current Estimated Value
$472,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$626,901
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$175,868

Purchase Details

Closed on
Mar 3, 2023
Sold by
Lna Land Development Llc
Bought by
Russo Michael and Russo Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$626,901
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$175,868

Purchase Details

Closed on
Jan 23, 2019
Sold by
Tanevska Michael and Naumovski Ljupco
Bought by
Naumovski Ljupco

Purchase Details

Listed on
Mar 31, 2016
Closed on
Sep 7, 2018
Sold by
Hauler Joseph A and Hauler Victoria J
Bought by
Tanevska Michael and Naumovski Ljupco
Seller's Agent
Marjorie Fetty
Century 21 Professionals
List Price
$39,500
Sold Price
$45,000
Premium/Discount to List
$5,500
13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.00%
Source: Public Records

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
Russo Michael -- --
Russo Michael $100,000 Mason Burgess Title Agency
Lna Land Development Llc -- Mason Burgess Title Agency
Naumovski Ljupco -- None Available
Tanevska Michael $45,000 Century Title Agency Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Michael $644,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $45,000 -14.9% --
08/16/2018 08/16/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $52,900 +33.9% --
03/31/2016 03/31/16 For Sale $39,500 -- --
Source: Michigan Multiple Listing Service

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
2025 $6,309 $371,200 $0 $0
2024 $3,886 $190,700 $0 $0
2023 $635 $25,000 $0 $0
2022 $1,038 $22,500 $0 $0
2021 $1,008 $20,000 $0 $0
2020 $590 $20,000 $0 $0
2019 $974 $20,000 $0 $0
2018 $242 $18,500 $0 $0
2017 $239 $17,500 $0 $0
2016 $237 $17,500 $0 $0
2015 -- $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marjorie Fetty

    Seller's Agent in 2018

    Marjorie Fetty

    Century 21 Professionals

    (586) 291-9134

    7 in this area

    79 Total Sales

    Marjorie Fetty
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31285346

Michigan Multiple Listing Service

APN: 13-02-17-300-040

Michigan Macomb County Armada 48005

16960 Oakview Cir, Armada, MI

This home is located at 16960 Oakview Cir, Armada, MI 48005 since 31 March 2016 and is currently estimated at $472,447. 16960 Oakview Cir is a home located in Macomb County with nearby schools including Orville C. Krause Elementary School, Armada Middle School, and Armada 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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