NOT LISTED FOR SALE

Estimated Value: $394,000 - $507,000

3 Beds
4 Baths
2,244 Sq Ft
$300/mo HOA Fee

Last Sold May 26, 2022

Last sale price $467,500 $208 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,987/month

9 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • End Unit
  • Dock Facilities
  • Fireplace in Primary Bedroom
  • Covered Patio or Porch

About This Home

As of May 2022

Stunning condominium on fabulous Loon Lake in Waterford. Completely redone over the last two years using all high-end everything. Plenty of room with 2,244 SF plus an exceptional finished walk-out basement, adding another 1,100 SF, with a wet bar and patio. End unit in a quiet community with plenty of privacy overlooking the Lake. This home has been loved and meticulously cared for and maintained. A rare opportunity to live on an all-sports lake in Oakland County with plenty of social activities and stupendous sunsets. The condo has a deeded boat dock that can accommodate 2 water crafts. Features include: Gallery Kitchen with granite counter tops; Office/bonus room and balconies overlooking the lake; 2 gas fireplaces 1 in the living area and 1 in the master suite; and more. Loon Lake connects to 5 additional lakes navigable with various types of watercraft. Condo fee includes: Reserve, insurance, lawn, snow removal and trash removal. Hurry and enjoy the upcoming summer!!

Last Agent to Sell the Property

Rick Smith

Summit Realty Solutions License #6502432931 Listed on: 04/29/2022

Co-Listed By

Tom Wilhelm

Wilhelm & Associates License #6501196948

Last Buyer's Agent

Sue Shields

EXP Realty License #6501427157

EXP Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1998 | Remodeled in 2021

Lot Details

  • Lake Front
  • Home fronts navigable water
  • End Unit
  • Private Entrance

HOA Fees

  • $300 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,244 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Attic Fan
  • Security System Owned
  • Dryer

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Flush Toilets

Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1311477051

Community Details

Overview

  • Peter Cubba Association, Phone Number (586) 634-3226
  • Bay Front Occpn 1087 Subdivision
  • On-Site Maintenance

Recreation

  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,702

Year Built

Built in 1998 | Remodeled in 2021

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, End Unit
  • Architecture Level: 3 Story
  • Assessment: 7.1
  • Year Built: 1998
  • State Equalized Value: 157200.0000
  • Year Renovated: 2021
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Dual-Flush Toilet(s), High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned), Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Microwave, Bar Fridge
  • Sq Ft Combined: 3344
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 2244
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Loon Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar, Wood
  • Exclusions: Yes
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Direct Water Frontage, Lake Front, Water Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, High Efficiency Sealed Combustion
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 5866343226
  • Association Fee: 300
  • Association Contact: Peter Cubba
  • Association Fee: Yes

Schools

  • School District: Pontiac

Lot Info

  • Homestead: Yes
  • Parcel Number: 1311477051

Tax Info

  • Tax Amount Summer: 2065.0000
  • Tax Amount Winter: 1637.0000
  • Total Tax: 3702.0000
  • Taxable Value: 117890.0000

Multi Family

  • Waterfront Features: Navigable, All Sports Lake, Boat Facilities, Dock Facilities, DIRFRT

MLS Schools

  • School District: Pontiac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 26, 2022
Sold by
Abel and Simone
Bought by
German Michael Sean and German Kristin
Seller's Agent
Rick Smith
Summit Realty Solutions
Buyer's Agent
Sue Shields
EXP Realty
List Price
$489,900
Sold Price
$467,500
Premium/Discount to List
-$22,400
-4.57%
Current Estimated Value
$451,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,180
Avg. Annual Appreciation
-0.24%
Original Mortgage
$357,375
Outstanding Balance
$341,991
Interest Rate
5.1%
Estimated Equity
$121,949

Purchase Details

Listed on
Mar 1, 2012
Closed on
May 18, 2012
Sold by
Carleton Mark A and Carleton Grace M
Bought by
Simone Abel Stefan and Simone Abel
Seller's Agent
Tom Wilhelm
Wilhelm & Associates
Buyer's Agent
Bob Spooner
Wilhelm & Assoc Inc, REALTOR®
List Price
$219,900
Sold Price
$185,000
Premium/Discount to List
-$34,900
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Jan 12, 2005
Sold by
Yakubison Richard A and Yakubison Peggy A
Bought by
Carleton Mark A and Carleton Grace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1999
Sold by
Tomala Leasing Inv Co
Bought by
Yakubison Richard A
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
German Michael Sean $476,500 None Listed On Document
Simone Abel Stefan $185,000 Multiple
Carleton Mark A $385,000 Philip R Seaver Title Co Inc
Yakubison Richard A $263,680 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open German Kristin $75,000
Open German Michael Sean $357,375
Closed German Kristin $357,375
Previous Owner Carleton Mark A $305,000
Closed Yakubison Richard A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $467,500 -4.6% $208 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $489,900 +164.8% $218 / Sq Ft
05/21/2012 05/21/12 Sold $185,000 -15.9% $84 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $219,900 -- $100 / 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 $3,504 $213,030 $0 $0
2023 $3,344 $191,920 $0 $0
2022 $3,924 $169,130 $0 $0
2021 $3,702 $157,200 $0 $0
2020 $2,051 $147,720 $0 $0
2019 $3,646 $139,590 $0 $0
2018 $3,587 $129,740 $0 $0
2017 $3,269 $129,740 $0 $0
2016 $3,263 $126,250 $0 $0
2015 -- $116,200 $0 $0
2014 -- $108,950 $0 $0
2011 -- $105,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220028997

Realcomp

APN: 13-11-477-051