NOT LISTED FOR SALE

3487 Lexington Rd Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $217,000 - $281,000

3 Beds
1.5 Baths
1,208 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $97,000 $80 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,410/month

171 Days on Market

Highlights

  • Boat Facilities
  • Deck
  • Ranch Style House
  • Lake Privileges
  • Wood Burning Stove
  • No HOA

About This Home

As of January 2015

WATERFORD RANCH FEATURING 3 BEDROOMS, 1 1/2 BATH, UPDATED LARGE KITCHEN, NEWER SIDING, ROOF, WINDOWS, DECK, FENCED IN BACK YARD WITH LARGE SHED. LAKE PRIVELEGES ON ALL SPORTS LAKE THAT INCLUDES BOAT ACCESS

Last Agent to Sell the Property

Carol Mountain

Mountain Realty LLC License #6502378070 Listed on: 06/27/2014

Last Buyer's Agent

Connie LaBarge Thomas

RE/MAX First License #6504227563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 50x150
  • Fenced

Home Design

  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,208 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1314402020
  • $3,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Newton Ely Sub Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 44.12
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Wood Stove
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1208

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: SCOTT LAKE
  • Foundation Details: Crawl, Slab
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 290277.7778
  • Lot Size Area: 0.36
  • Lot Dimensions: 50X150
  • Parcel Number: 1314402020

Rental Info

  • Deposit Amount: 45000.00

Tax Info

  • Tax Amount Summer: 966.0000
  • Tax Amount Winter: 560.0000
  • Total Tax: 1526.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Swim Association

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Jan 15, 2015
Sold by
Greenan Patrick M and Greenan Patricia A
Bought by
Compton Alexander D
Seller's Agent
Carol Mountain
Mountain Realty LLC
Buyer's Agent
Connie LaBarge Thomas
RE/MAX First
List Price
$129,900
Sold Price
$97,000
Premium/Discount to List
-$32,900
-25.33%
Current Estimated Value
$246,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,902
Avg. Annual Appreciation
9.04%
Original Mortgage
$92,150
Outstanding Balance
$70,842
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$176,060
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
Compton Alexander D $97,000 Sterling Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Alexander D $92,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $97,000 -25.3% $80 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $129,900 -- $108 / 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 $1,345 $82,430 $0 $0
2023 $1,282 $76,560 $0 $0
2022 $2,109 $71,480 $0 $0
2021 $2,027 $65,060 $0 $0
2020 $1,192 $62,090 $0 $0
2019 $1,981 $57,040 $0 $0
2018 $1,966 $54,950 $0 $0
2017 $1,811 $54,950 $0 $0
2016 $1,808 $51,560 $0 $0
2015 -- $46,390 $0 $0
2014 -- $41,610 $0 $0
2011 -- $44,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Mountain

    Seller's Agent in 2015

    Carol Mountain

    Mountain Realty LLC

    (248) 535-1113

    1 in this area

    5 Total Sales

    Carol Mountain
    Section Image
  • Connie LaBarge Thomas

    Buyer's Agent in 2015

    Connie LaBarge Thomas

    RE/MAX

    (248) 882-6566

    3 in this area

    121 Total Sales

    Connie LaBarge Thomas
    Section Image
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Map

Source: Realcomp

MLS Number: 214064065

Realcomp

APN: 13-14-402-020

Michigan Oakland County Waterford 48328 Waterford Township

3487 Lexington Rd, Waterford, MI

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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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