NOT LISTED FOR SALE

2897 Shannon Dr Oakland, MI 48363

Estimated Value: $943,578 - $1,070,000

4 Beds
3.5 Baths
4,229 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $525,000 $124 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,911/month

87 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • No HOA
  • Delta Kelly Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • Covered Patio or Porch

About This Home

As of July 2017

Custom built home situated upon a one acre wooded hill top lot. First floor master suite and high quality finishes throughout. 2 story great room with custom brick fireplace, open to the breakfast area, perfect for entertaining. Study with gas fireplace, French doors and custom built ins! Kitchen with tons of cabinets, large center island with new stove, built in refrigerator and built in desk in the breakfast area with sliding door to the brick paver patio. Huge master suite with his/her walk-in closets and master bath with dual vanities, jetted tub and separate shower. Upstairs has 3 large bedrooms, two full baths and a spectacular bonus room with gas fireplace. Private lot, 3 car side entry garage, daylight basement with tall ceilings, waterproofed with transferrable warranty, prepped for bath and custom wine cellar. Rochester Schools; Delta Kelley/VanHoosen/Adams

Last Agent to Sell the Property

Linda Rea

Real Estate One-Rochester License #6501077078 Listed on: 02/21/2017

Real Estate One-Rochester

Last Buyer's Agent

Linda Rea

Real Estate One-Rochester License #6501077078 Listed on: 02/21/2017

Real Estate One-Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 199x287x132x252
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 4,229 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Brookmead Heights Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 1020302006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,761

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1995
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4229
  • Total Sq Ft: 4229
  • Sq Ft Total Bsmt: 2282

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 199
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, 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

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • List Price per Acre: 539215.6863
  • Lot Features: Hilly-Ravine, Wooded
  • Lot Size Area: 1.02
  • Lot Dimensions: 199x287x132x252
  • Parcel Number: 1020302006

Tax Info

  • Tax Amount Summer: 3078.0000
  • Tax Amount Winter: 1683.0000
  • Total Tax: 4761.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jul 14, 2017
Sold by
Ghodsi Farzin and Leahy Margaret
Bought by
Richards Joan and Richards Wayne N
Seller's Agent
Linda Rea
Real Estate One-Rochester
Buyer's Agent
Linda Rea
Real Estate One-Rochester
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$993,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,645
Avg. Annual Appreciation
7.51%
Original Mortgage
$375,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richards Joan $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Wayne N $184,250
Open Richards Wayne N $309,350
Closed Richards Wayne N $200,000
Closed Richards Joan $375,000
Previous Owner Ghodsi Farzin N $170,000
Previous Owner Ghodsi Farzin $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $525,000 -4.5% $124 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
03/30/2017 03/30/17 Price Changed $550,000 -4.3% $130 / Sq Ft
02/21/2017 02/21/17 For Sale $575,000 -- $136 / 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 $5,964 $423,790 $0 $0
2023 $5,735 $399,940 $0 $0
2022 $8,492 $370,830 $0 $0
2021 $7,917 $360,510 $0 $0
2020 $5,494 $360,200 $0 $0
2019 $8,288 $341,080 $0 $0
2018 $8,319 $305,220 $0 $0
2017 $4,753 $282,500 $0 $0
2016 $4,728 $266,090 $0 $0
2015 -- $242,500 $0 $0
2014 -- $210,200 $0 $0
2011 -- $157,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217013408

Realcomp

APN: 10-20-302-006