NOT LISTED FOR SALE

3161 Erma Dr Unit 3 Shelby Township, MI 48317

Estimated Value: $816,000 - $1,118,741

4 Beds
4 Baths
3,523 Sq Ft
$265/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $665,000 $189 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,915/month

About This Home

As of September 2018

Possible land contract with large down payment!!. Ready to move in, luxurious lake front home with custom made double doors, high ceilings, hardwood floors, and stunning crown molding throughout the entire home. This astonishing home includes four bedrooms with two Masters including walk in closets; one on the first floor, and one on the second floor. The home further provides a bedroom with a "Jack and Jill" bathroom. Not to mention the beautiful kitchen with custom made cabinets, crystal chandeliers and brand new stainless steel appliances. The entrance entails beautiful dripping crystal chandeliers throughout the entire home including the bedrooms, kitchen, and living room. Last but not least, this ready-to-move in home has a basement with a 9.5 foot ceiling and an impeccable lake front view! See pictures for yourself!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Acho Richard R
Bought by
Acho Living Trust
Current Estimated Value
$932,247

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 28, 2018
Sold by
Oraha Frank and Oraha Mark
Bought by
Acho Richard R
Seller's Agent
Basim Naimou
1st Choice Realty Inc
Buyer's Agent
Basim Naimou
1st Choice Realty Inc
List Price
$777,000
Sold Price
$665,000
Premium/Discount to List
-$112,000
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$399,000
Outstanding Balance
$347,952
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$584,295

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 16, 2014
Sold by
Matti Steve and Matti Sylavania
Bought by
Oraha Frank and Oraha Mark
Seller's Agent
Jack Butris
Real Estate One-Troy
Buyer's Agent
Basim Naimou
1st Choice Realty Inc
List Price
$114,900
Sold Price
$90,000
Premium/Discount to List
-$24,900
-21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.74%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Mill Contractors & Developers Inc
Bought by
Matti Steve and Matti Sylavania
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Acho Living Trust -- None Available
Acho Richard R $665,000 Ata National Title Group Llc
Oraha Frank $90,000 Capital Title Ins Agency
Matti Steve $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acho Richard R $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2018 09/28/18 Sold $665,000 -4.9% $189 / Sq Ft View Prior Sale
08/26/2018 08/26/18 Pending -- -- --
08/18/2018 08/18/18 Price Changed $699,000 -5.4% $198 / Sq Ft
08/04/2018 08/04/18 Price Changed $739,000 -4.9% $210 / Sq Ft
07/24/2018 07/24/18 For Sale $777,000 +763.3% $221 / Sq Ft
06/24/2014 06/24/14 Sold $90,000 -21.7% -- View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $114,900 -- --

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
2025 $11,716 $498,200 $0 $0
2024 $6,934 $494,700 $0 $0
2023 $6,567 $463,400 $0 $0
2022 $10,594 $429,500 $0 $0
2021 $10,185 $380,400 $0 $0
2020 $5,793 $325,900 $0 $0
2019 $9,040 $310,100 $0 $0
2018 $5,912 $217,600 $0 $0
2017 $6,739 $99,850 $47,600 $52,250
2016 $4,252 $89,900 $0 $0
2015 $1,453 $37,500 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Basim Naimou

    1st Choice Realty Inc

    (586) 383-9001

    7 in this area

    100 Total Sales

    Basim Naimou
    Section Image
  • Jack Butris

    Seller's Agent in 2014

    Jack Butris

    Real Estate One

    (248) 931-5555

    5 in this area

    79 Total Sales

    Jack Butris
    Section Image
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Map

Michigan Macomb County Shelby Township 48317

3161 Erma Dr Unit 3, Shelby Township, MI

This home is located at 3161 Erma Dr Unit 3, Shelby Township, MI 48317 and is currently estimated at $932,247, approximately $264 per square foot. 3161 Erma Dr Unit 3 is a home located in Macomb County with nearby schools including West Utica Elementary School, Frank Jeannette Junior High School, and Utica High School.

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