NOT LISTED FOR SALE

16962 Locherbie Ave Beverly Hills, MI 48025

Estimated Value: $457,000 - $535,986

2 Beds
1.5 Baths
1,324 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $223,000 $168 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,197/month

29 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Beverly Elementary School Rated A
  • 2 Car Detached Garage
  • Fireplace in Basement

About This Home

As of August 2016

Nice, clean, original owner home in mint condition. Has been very well kept over the years. Kit updated some yrs ago with new cabs, back splash, and corian counter tops. Vinyl floor is newer same floor in landing and bsmt steps. Huge liv rm with FP and built-in shelves. Din rm open to liv rm. Two roomy bedrooms with double closets. Den could be a 3rd bedroom as is the case with most ranches of this style. A closet would have to be added. Full bath has been updated. Stand up shower separate from tub. Fla rm has crank out windows and newer doorwall to patio. Bsmt has finished knotty pine rec room with wet bar and FP. Nice clean, huge lav in bsmt. Utility room 36 x 20. Nice wash and dry, New GFA, CA, and HWH. Updated elect with breakers. Cedar closet. Glass block win. Copper plumb. Roof newer. Sewer line replaced 8-10 yrs. Some new windows, Newer paving. Fully brick 2.5 car garage with DO. 5 x 4 front foyer with closet and French door. Easy to show.

Last Agent to Sell the Property

Keena Catanzaro

RE/MAX First License #6501206323 Listed on: 06/13/2016

RE/MAX First

Last Buyer's Agent

Lindsay Lawrie

DOBI Real Estate License #6501380453

DOBI Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x126.72
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,324 Sq Ft Home
  • Living Room with Fireplace
  • Finished Basement
  • Fireplace in Basement
  • Attic Fan

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Beverly Hills Sub No 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2401179009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,882

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Living Room
  • Room Count: 10
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1974
  • Sq Ft Lower Floor: 650
  • Total Sq Ft: 1324
  • Sq Ft Total Bsmt: 1324

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, 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: No

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 1332777.7778
  • Lot Size Area: 0.18
  • Lot Dimensions: 60X126.72
  • Parcel Number: 2401179009

Tax Info

  • Tax Amount Summer: 3836.0000
  • Tax Amount Winter: 1046.0000
  • Total Tax: 4882.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 18, 2016
Sold by
Schmitzerle Michael Craig and Schmitzerle Donald Douglas
Bought by
Watson Luke and Watson Lisa
Seller's Agent
Keena Catanzaro
RE/MAX First
Buyer's Agent
Lindsay Lawrie
DOBI Real Estate
List Price
$249,900
Sold Price
$223,000
Premium/Discount to List
-$26,900
-10.76%
Current Estimated Value
$512,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,247
Avg. Annual Appreciation
9.48%
Original Mortgage
$218,960
Outstanding Balance
$173,396
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$338,851

Purchase Details

Closed on
Oct 26, 2007
Sold by
Schmitzerle Betty M and Schmitzerle Ted B
Bought by
Schmitzerle Betty M and Betty M Schmitzerle Trust
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
Watson Luke $223,000 Partners Title Agency Llc
Schmitzerle Betty M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Luke $218,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $223,000 -7.0% $168 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/01/2016 07/01/16 Price Changed $239,900 -4.0% $181 / Sq Ft
06/13/2016 06/13/16 For Sale $249,900 -- $189 / 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 $5,865 $222,000 $0 $0
2023 $5,628 $206,390 $0 $0
2022 $5,808 $177,080 $0 $0
2021 $5,856 $170,890 $0 $0
2020 $4,905 $165,920 $0 $0
2019 $3,875 $158,220 $0 $0
2018 $5,597 $126,350 $0 $0
2017 $5,346 $126,350 $0 $0
2016 $4,426 $123,070 $0 $0
2015 -- $115,700 $0 $0
2014 -- $102,340 $0 $0
2011 -- $87,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keena Catanzaro

    Seller's Agent in 2016

    Keena Catanzaro

    RE/MAX of Southeast Michigan

    (248) 435-1100

    28 Total Sales

    Keena Catanzaro
    Section Image
  • Lindsay Lawrie

    Buyer's Agent in 2016

    Lindsay Lawrie

    DOBI Real Estate

    (586) 854-4611

    3 in this area

    67 Total Sales

    Lindsay Lawrie
    Section Image
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Map

Source: Realcomp

MLS Number: 216058162

Realcomp

APN: 24-01-179-009

Michigan Oakland County Beverly Hills 48025

16962 Locherbie Ave, Beverly Hills, MI

This home is located at 16962 Locherbie Ave, Beverly Hills, MI 48025 since 13 June 2016 and is currently estimated at $512,247, approximately $386 per square foot. This property was built in 1951. 16962 Locherbie Ave is a home located in Oakland County with nearby schools including Beverly Elementary School, Wylie E. Groves High School, and Berkshire Middle School.

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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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