NOT LISTED FOR SALE

2220 Union Lake Rd Commerce Township, MI 48382

Estimated Value: $4,798,759

-- Bed
-- Bath
15,122 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 2220 Union Lake Rd, Commerce Township, MI 48382 and is currently priced at $4,798,759, approximately $317 per square foot. 2220 Union Lake Rd is a home located in Oakland County with nearby schools including Clifford H. Smart Middle School, Walled Lake Northern High School, and Our Lady Of Refuge School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2017
Sold by
Shops At Commerce Village Llc
Bought by
Union Lake Shopping Center Llc
Current Estimated Value
$4,798,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,879,919
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 29, 2004
Sold by
Union Lake Golf Club Llc
Bought by
Shops At Commerce Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Union Lake Shopping Center Llc $3,000,000 Ata National Title Group Llc
Shops At Commerce Village Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Union Lake Shopping Center Llc $2,250,000
Previous Owner Shops At Commerce Village Llc $2,600,000
Source: Public Records

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 $29,394 $873,720 $0 $0
2023 $27,844 $881,900 $0 $0
2022 $34,042 $797,810 $0 $0
2021 $32,367 $757,170 $0 $0
2020 $25,669 $752,260 $0 $0
2019 $31,193 $715,740 $0 $0
2014 -- $616,790 $0 $0
2011 -- $676,370 $0 $0
Source: Public Records

Map

Michigan Oakland County Commerce Township 48382

2220 Union Lake Rd, Commerce Township, MI

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