$273,000 - $295,000
RENTED OCT 15, 2024

2550 Loon Lake Rd Wixom, MI 48393

3 Beds
1 Bath
1,350 Sq Ft
$212 Price per Sq Ft

Last Sold September 20, 2016

Last sale price $125,000 $93 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,988/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Loon Lake Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Laundry Facilities

About This Home

As of October 2024

3 BEDROOM RANCH RIGHT ACROSS FROM LOON LAKE. HUGE LOT, LIVING ROOM FIREPACE, ATTACHED GARAGE AND FENCED INBACKYARD. EASY ACCESS TO EXPRESSWAY AND CLOSE TO SHOPPING. TENANT RESPONSIBLE FOR UTILITIES, LAWN MAINTENANCE AND SNOW REMOVAL.

Last Agent to Rent the Property

Vicki Reult

Century 21 Professionals Livonia License #6501273535 Listed on: 06/28/2024

Co-Listed By

David Reault

Century 21 Professionals Livonia License #6501222131

Last Renter's Agent

Vicki Reult

Century 21 Professionals Livonia License #6501273535 Listed on: 06/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,636

Year Built

  • Built in 1950 | Remodeled in 1971

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 139.00 x 150.00
  • Fenced

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,350 Sq Ft Home
  • Living Room with Fireplace
  • Free-Standing Electric Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Security Deposit $3,000
  • 12 Month Lease Term
  • Application Fee: 100.00
  • Assessor Parcel Number 1729276002

Community Details

Overview

  • No Home Owners Association
  • Hickory Hill Golf & Country Club Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,636

Year Built

Built in 1950 | Remodeled in 1971

Lot Details

0

Rental Info

  • Application Fee: 100.00
  • Lease Type: Single Family House
  • Security Deposit: 3000.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • Year Renovated: 1971
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Out Access
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1850
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1350
  • Sq Ft Total Bsmt: 1151

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 139
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Walled Lake

Lot Info

  • Lot Size Area: 0.50
  • Lot Dimensions: 139.00 x 150.00
  • Parcel Number: 1729276002

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 7, 2019
Sold by
Yousif
Bought by
Yousif Mona M
Seller's Agent
Vicki Reult
Century 21 Professionals Livonia
Buyer's Agent
Vicki Reult
Century 21 Row
Sold Price
$1,300
Current Estimated Value
$286,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,119

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 20, 2016
Sold by
The Estate Of Joyce D Dove
Bought by
Yousif Yousif and Shahini Zarintaj
Seller's Agent
Charles Rymal
National Realty Centers, Inc
Buyer's Agent
Neal El-Sayed
Elegant Homes Realty
List Price
$135,900
Sold Price
$125,000
Premium/Discount to List
-$10,900
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$91,000
Outstanding Balance
$72,734
Interest Rate
3.45%
Mortgage Type
Unknown
Estimated Equity
$213,685

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 2, 2016
Sold by
Dove Joyce
Bought by
625 Renshaw Group Llc
Seller's Agent
Charles Rymal
National Realty Centers, Inc
Buyer's Agent
Neal El-Sayed
Elegant Homes Realty
List Price
$135,900
Sold Price
$125,000
Premium/Discount to List
-$10,900
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Outstanding Balance
$72,734
Interest Rate
3.45%
Mortgage Type
Unknown
Estimated Equity
$213,685
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
Yousif Mona M -- None Available
Yousif Yousif $125,000 None Available
625 Renshaw Group Llc $50,618 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousif Yousif $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Rented $1,800 0.0% --
08/09/2024 08/09/24 Price Changed $1,800 -10.0% $1 / Sq Ft
06/28/2024 06/28/24 For Rent $2,000 -4.8% --
07/14/2023 07/14/23 Rented $2,100 +5.0% --
07/13/2023 07/13/23 Under Contract -- -- --
06/08/2023 06/08/23 Price Changed $2,000 -13.0% $1 / Sq Ft
05/19/2023 05/19/23 For Rent $2,300 +35.3% --
07/19/2021 07/19/21 Rented $1,700 0.0% --
07/19/2021 07/19/21 Under Contract -- -- --
07/08/2021 07/08/21 Price Changed $1,700 -15.0% $1 / Sq Ft
06/14/2021 06/14/21 For Rent $2,000 +53.8% --
10/26/2019 10/26/19 Rented $1,300 0.0% --
10/15/2019 10/15/19 Under Contract -- -- --
09/16/2019 09/16/19 For Rent $1,300 0.0% --
09/16/2019 09/16/19 Off Market $1,300 -- --
09/12/2019 09/12/19 For Rent $1,300 -3.7% --
03/30/2018 03/30/18 Rented $1,350 +3.8% --
03/26/2018 03/26/18 Under Contract -- -- --
03/21/2018 03/21/18 For Rent $1,300 0.0% --
03/11/2018 03/11/18 Off Market $1,300 -- --
11/30/2017 11/30/17 Price Changed $1,300 -13.3% $1 / Sq Ft
11/09/2017 11/09/17 For Rent $1,500 0.0% --
09/20/2016 09/20/16 Sold $125,000 -8.0% $93 / Sq Ft View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $135,900 -- $101 / 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 $5,636 $119,790 $0 $0
2023 $5,150 $102,990 $0 $0
2022 $5,082 $94,240 $0 $0
2021 $5,568 $92,670 $0 $0
2020 $4,781 $88,590 $0 $0
2019 $4,412 $81,910 $0 $0
2017 $4,162 $70,750 $0 $0
2016 $0 $68,850 $0 $0
2015 -- $59,900 $0 $0
2014 -- $51,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vicki Reult

    Landlord's Agent in 2024

    Vicki Reult

    Century 21 Professionals Livonia

    (734) 748-2320

    2 in this area

    60 Total Sales

    Vicki Reult
    Section Image
  • David Reault

    Landlord's Co-Listing Agent in 2024

    David Reault

    Century 21 Professionals Livonia

    (734) 747-0545

    10 Total Sales

    David Reault
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kristen Reault

    Century 21 Professionals Livonia

    Section Image
  • Charles Rymal

    Seller's Agent in 2016

    Charles Rymal

    National Realty Centers, Inc

    (313) 515-9290

    13 Total Sales

    Charles Rymal
    Section Image
  • Neal El-Sayed

    Buyer's Agent in 2016

    Neal El-Sayed

    Elegant Homes Realty

    (313) 399-2261

    2 in this area

    44 Total Sales

    Neal El-Sayed
    Section Image
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Map

Source: Realcomp

MLS Number: 20240045153

Realcomp

APN: 96-17-29-276-002

Michigan Oakland County Wixom 48393

2550 Loon Lake Rd, Wixom, MI

This home is located at 2550 Loon Lake Rd, Wixom, MI 48393 since 28 June 2024 and is currently priced at $286,419. This property was built in 1950. 2550 Loon Lake Rd is a home located in Oakland County with nearby schools including Loon Lake Elementary School, Sarah G. Banks Middle School, and Walled Lake Central 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.

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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