NOT LISTED FOR SALE

2585 Loon Lake Rd Wixom, MI 48393

Estimated Value: $316,000 - $353,000

3 Beds
2 Baths
876 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $305,000 $348 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,157/month

33 Days on Market

Highlights

  • Water Views
  • Dock Facilities
  • Deck
  • Loon Lake Elementary School Rated A-
  • Lake Privileges
  • 2 Car Direct Access Garage

About This Home

As of May 2024

Welcome to your dream home nestled on the shores of beautiful Loon Lake in Wixom, MI! This stunning 3 bedroom, 2 bath property offers an idyllic setting just waiting for you to call it your own. Step inside and be greeted by the warm glow of hardwood floors that lead you through the spacious and inviting living spaces. With three generously sized bedrooms, there's ample room for each member of the family to personalize their own space and feel right at home. The kitchen boasts ample cabinet and countertop space, as well as scenic views from the kitchen window that overlook the serene lake waters. Whether you're preparing a meal for loved ones or simply enjoying your morning coffee, this kitchen is sure to inspire. The lower level of the home provides even more space to spread out and customize to your desires, offering endless possibilities for a cozy retreat or additional entertaining area. Step outside and discover your very own oasis, complete with a spacious deck perfect for soaking in the sun or enjoying al fresco dining with friends and family. With direct access to the water, you can spend your days swimming, fishing, or simply taking in the peaceful surroundings. Nestled in a quiet and private neighborhood, conveniently located across the street from a golf course, this home offers the perfect blend of tranquility and convenience. Whether you're entertaining guests or simply enjoying a quiet evening looking out at the lake, this property is sure to impress. Don't let this opportunity slip away - schedule your showing today and make your dreams a reality!

Last Agent to Sell the Property

Michael Perna

EXP Realty Main License #6501309650 Listed on: 03/16/2024

EXP Realty Main

Co-Listed By

Wendy Thagard

EXP Realty Main License #6501416713

Last Buyer's Agent

Kyle Fohl

National Realty Centers, Inc License #6501236334

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 123.8x122.5
  • Fenced

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 876 Sq Ft Home
  • Family Room with Fireplace
  • Water Views
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

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

Location

  • Mid level unit with steps

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1729213010

Community Details

Overview

  • Voluntary HOA
  • Hickory Hill Golf & Country Club Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,036

Year Built

Built in 1975

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1975
  • State Equalized Value: 126930.0000
  • Entry Location: Mid Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 1332
  • Sq Ft Lower Floor: 456
  • Total Sq Ft: 876
  • Sq Ft Total Bsmt: 456

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Loon Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 123
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, 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 Frequency: Annually
  • Phone: hickoryhillscivicassociation@gmail.com
  • Association Fee: 125
  • Association Contact: Voluntary HOA
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Near Golf Course, Water View
  • Lot Size Area: 0.35
  • Lot Dimensions: 123.8X122.5
  • Parcel Number: 1729213010

Tax Info

  • Tax Amount Summer: 3842.0000
  • Tax Amount Winter: 194.0000
  • Total Tax: 4036.0000
  • Taxable Value: 112990.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
May 29, 2024
Sold by
Ferrara Matthew A
Bought by
Lewis Dustin and Spencer Mallory
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Kyle Fohl
National Realty Centers, Inc
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Views
96
Current Estimated Value
$330,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,304
Avg. Annual Appreciation
3.06%
Original Mortgage
$295,850
Outstanding Balance
$293,218
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$23,000

Purchase Details

Closed on
Jan 20, 2017
Sold by
Ferrara Matthew A
Bought by
Ferrara Matthew A and Matthew A Ferrara Living Trust

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 29, 2016
Sold by
Lotfi Abe A and Lotfi Patricia Lynn
Bought by
Ferrara Matthew A
Seller's Agent
Yoshiko Fujimori
RE/MAX New Trend
Buyer's Agent
Regan Gilshire
Real Living Kee Realty-Troy
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$192,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Al Khayat Loubna and Hatahet Mohammad
Bought by
Lotfi Abe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2004
Sold by
Hatahet Mohamad A and Al Khayat Loubna
Bought by
Hatahet Mohamad and Al Khayat Loubna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1995
Sold by
Dalgleish Keith
Bought by
Hatahet Mohamad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lewis Dustin $305,000 None Listed On Document
Ferrara Matthew A -- None Available
Ferrara Matthew A $240,000 First American Title Ins Co
Lotfi Abe A $225,100 Metropolitan Title Company
Hatahet Mohamad -- Cislo Title Company
Hatahet Mohamad A $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Dustin $295,850
Closed Lewis Dustin $295,850
Previous Owner Ferrara Matthew A $192,000
Previous Owner Lotfi Abe A $180,000
Previous Owner Hatahet Mohamad $113,000
Previous Owner Hatahet Mohamad A $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $305,000 -6.2% $348 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $325,000 -1.5% $371 / Sq Ft
03/16/2024 03/16/24 For Sale $330,000 +37.5% $377 / Sq Ft
07/29/2016 07/29/16 Sold $240,000 -7.7% $180 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $259,900 -- $195 / 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 $4,054 $147,700 $0 $0
2023 $3,842 $126,930 $0 $0
2022 $3,856 $111,210 $0 $0
2021 $3,827 $106,050 $0 $0
2020 $3,698 $102,750 $0 $0
2019 $3,953 $103,850 $0 $0
2018 $4,143 $105,690 $0 $0
2017 $4,091 $102,750 $0 $0
2016 $4,445 $97,540 $0 $0
2015 -- $89,420 $0 $0
2014 -- $78,940 $0 $0
2011 -- $82,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240015170

Realcomp

APN: 17-29-213-010