NOT LISTED FOR SALE

2550 Meadowood Ln Milford, MI 48380

Estimated Value: $721,701 - $982,000

5 Beds
2.5 Baths
2,979 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $500,000 $168 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,842/month

46 Days on Market

Highlights

  • Lake Front
  • Stables
  • 3.91 Acre Lot
  • Dock Facilities
  • Spa
  • Lake Privileges

About This Home

As of October 2013

Fabulous 4300 sq ft lakefront home on 4 park like acres! This home features; 5 beds, 2.5 ba, beautiful great rm w/stone nat gas FP, island kitchen overlooking conservatory/breakfast rm w/stunning lake views and sunsets! 4 car gar w/walkup attic storage, 1600 sq ft 4 stall barn w/water, elect, storage and arena, sandy beach, priv wooded setting, ADDITIONAL 3 ACRE BUILDABLE LOT CAN BE PURCHASED SEPARATELY OR TOGETHER!

Last Agent to Sell the Property

Sharon Murphy

Hometown Realty Source LLC License #6501303964 Listed on: 07/26/2013

Last Buyer's Agent

Sharon Murphy

Hometown Realty Source LLC License #6501303964 Listed on: 07/26/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2013

Lot Details

  • 3.91 Acre Lot
  • Lot Dimensions are 173x330x963x945
  • Lake Front
  • Property fronts a private road
  • Fenced
  • Irregular Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Stone Siding
  • Cedar

Interior Spaces

  • 2,979 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Spa
  • Dock Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting

Horse Facilities and Amenities

  • Stables
  • Arena

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Swim Association
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 1608200044

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,055

Year Built

Built in 1974 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1974
  • Year Renovated: 2013
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Humidifier, Security Alarm (owned), Sound System, Spa/Hot-tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2979

Exterior Features

  • Waterfront Name: SEARS LK
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Cedar, Stone
  • Exterior Features: Fenced, Lighting, Satellite Dish, Spa/Hot-tub
  • Porch Type: Deck, Patio
  • Road Frontage Type: Gravel, Private
  • Waterfront Description: Lake Front, Lake/River Priv

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Direct Access, Electricity, Door Opener, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 140665.0000
  • Lot Features: Hilly-Ravine, Irregular, Water View, Wooded
  • Lot Size Area: 3.91
  • Lot Dimensions: 173X330X963X945
  • Parcel Number: 1608200044

Tax Info

  • Tax Amount Summer: 3335.0000
  • Tax Amount Winter: 1720.0000
  • Total Tax: 5055.0000

Multi Family

  • Waterfront Features: Swim Association, Dock Facilities

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 24, 2013
Sold by
Henry Louis D and Henry Denise F
Bought by
Ryeson Robert A and Osmun Ryeson Kellie
Seller's Agent
Sharon Murphy
Hometown Realty Source LLC
Buyer's Agent
Sharon Murphy
Hometown Realty Source LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$852,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,675
Avg. Annual Appreciation
4.54%
Original Mortgage
$250,000
Outstanding Balance
$186,387
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$666,288

Purchase Details

Closed on
Feb 4, 2009
Sold by
Henry Louis D and Louis D Henry Revocable Living
Bought by
Henry Louis D and Henry Denise F

Purchase Details

Closed on
Nov 21, 2002
Sold by
Henry Louis D
Bought by
Louis D Henry Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.38%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Louis D Henry Tr
Bought by
Henry Louis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.38%

Purchase Details

Closed on
Sep 4, 1998
Sold by
Henry Louis D
Bought by
Louis D Henry Tr
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
Ryeson Robert A $500,000 Tri County Title Agency Inc
Henry Louis D -- None Available
Louis D Henry Tr -- --
Henry Louis D -- --
Louis D Henry Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryeson Robert A $250,000
Previous Owner Henry Louis D $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $500,000 -9.1% $168 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $550,000 -- $185 / 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 $4,549 $333,300 $0 $0
2023 $4,340 $317,680 $0 $0
2022 $6,716 $280,170 $0 $0
2021 $6,007 $268,560 $0 $0
2020 $3,974 $251,070 $0 $0
2019 $5,835 $228,780 $0 $0
2018 $5,758 $218,250 $0 $0
2017 $5,617 $218,250 $0 $0
2016 $8,503 $208,740 $0 $0
2015 -- $183,430 $0 $0
2014 -- $160,030 $0 $0
2011 -- $142,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Murphy

    Seller's Agent in 2013

    Sharon Murphy

    Hometown Realty Source LLC

    (248) 210-0623

    2 in this area

    18 Total Sales

    Sharon Murphy
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Map

Source: Realcomp

MLS Number: 213074804

Realcomp

APN: 16-08-200-044

Michigan Oakland County Milford 48380

2550 Meadowood Ln, Milford, MI

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
Copyright 2025 Realcomp II Ltd. Shareholders
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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