NOT LISTED FOR SALE

3505 E Commerce Rd Commerce Township, MI 48382

Estimated Value: $832,000 - $1,206,980

0.42 Acre
$2,488,083 Price per Acre
18,295 Sq Ft Lot

Last Sold December 03, 2014

Last sale price $127,500

Est. 712% increase in value since last sale

Current estimated payment $6,464/month

426 Days on Market

About This Lot

As of December 2014

GREAT LOT ON CANAL OF LAKE SHERWOOD. BUILD YOUR DREAM HOME.ONE OF THE LAST LOTS LEFT ON LAKE SHERWOOD.WATER AND SEWER AT STREET. SURVEY, HAS BEEN DONE.

Last Agent to Sell the Property

David Caputo

Temporary Inactive Users License #6501247440 Listed on: 09/13/2013

Last Buyer's Agent

David Caputo

Temporary Inactive Users License #RCO

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 59x126x90x59x175
  • Home fronts a canal
  • Irregular Lot

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1707226007

Community Details

Overview

  • Trentwood Sub Subdivision

Recreation

  • Water Sports
  • Dock Facilities
  • Boat Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$1,999

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: UNKNOWN
  • State Equalized Value: 77500.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: LAKE SHERWOOD
  • Waterfront: Yes
  • Frontage Feet: 89
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Waterfront Description: Canal Front

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Huron Valley

Lot Info

  • List Price per Acre: 327380.9524
  • Lot Features: Irregular
  • Lot Size Area: 0.42
  • Lot Dimensions: 59X126X90X59X175
  • Parcel Number: 1707226007
  • Zoning: Residential
  • Improvements: Electric, Gas
  • Irrigation: Yes
  • Mineral Rights: Yes
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 1674.0000
  • Tax Amount Winter: 325.0000
  • Total Tax: 1999.0000

Multi Family

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

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2015
Sold by
Davies Lynda and Davies Jeffrey
Bought by
Davies Lynda S and Any Lynda S Davies Living Trust
Total Days on Market
426
Current Estimated Value
$1,035,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$145,833
Interest Rate
3.82%
Mortgage Type
Construction
Estimated Equity
$885,421

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 3, 2014
Sold by
The Frank Marotta Revocable Living Trust and Miesel Toniann
Bought by
Davies Jeffrey and Davies Lynda
Seller's Agent
David Caputo
Temporary Inactive Users
Buyer's Agent
David Caputo
Temporary Inactive Users
List Price
$175,000
Sold Price
$127,500
Premium/Discount to List
-$47,500
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.62%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Marotta Frank and Marotta Kathryn Y
Bought by
Marotta Frank and Frank Marotta Revocable Living Trust

Purchase Details

Closed on
Sep 22, 2000
Sold by
Martin Charles R
Bought by
Marotta Frank

Purchase Details

Closed on
Sep 4, 1998
Sold by
Charles R Martin Tr
Bought by
Martin Charles R

Purchase Details

Closed on
Feb 18, 1985
Sold by
Lakeland Development Cor
Bought by
Charles R Martin Tr
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
Davies Lynda S -- Attorney
Davies Jeffrey $127,500 None Available
Marotta Frank -- None Available
Marotta Frank $120,000 --
Martin Charles R -- --
Charles R Martin Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Lynda S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2014 12/03/14 Sold $127,500 -27.1% --
11/13/2014 11/13/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $175,000 -- --
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 $8,959 $507,500 $0 $0
2023 $8,546 $444,420 $0 $0
2022 $12,070 $429,240 $0 $0
2021 $11,322 $429,430 $0 $0
2020 $7,824 $408,920 $0 $0
2019 $10,760 $397,390 $0 $0
2018 $10,519 $351,470 $0 $0
2017 $10,315 $351,470 $0 $0
2016 $3,480 $90,640 $0 $0
2015 -- $65,880 $0 $0
2014 -- $65,880 $0 $0
2011 -- $91,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Realcomp

MLS Number: 213098050

Realcomp

APN: 17-07-226-007