NOT LISTED FOR SALE

3567 Loch Bend Dr Commerce Township, MI 48382

Estimated Value: $1,748,000 - $2,405,000

4 Beds
7 Baths
5,032 Sq Ft
$404/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,600,000 $318 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,875/month

128 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Walled Lake Central High School Rated A-
  • Built-In Refrigerator
  • Fireplace in Primary Bedroom

About This Home

As of December 2021

MAGNIFICENT SANDY LAKEFRONT! This one-of-a-kind estate begins with sweeping panoramic views of beautiful Lower Straits Lake. Built with the highest standards of excellence, every bit of this property has been exceptionally crafted with the latest and highest quality finishes. This waterfront property includes 3 levels of living space w/over ~7500 sqft: 4/5 BEDROOMS, 5 FULL, & 2 HALF BATHS. Featuring a grand 2 story living rm w/floor to ceiling windows, hardwood flooring, 3 Fireplaces. Newly updated epicurean kitchen designed for luxurious living & entertaining with Wolf, Bosch & Subzero appliances & travertine stone flooring. Private study w/built-in cabinetry. Mission style stair case leading to the master suite, w/ fireplace, new updated master bath w/soaking tub, stone tiled, & 3 more bedroom suites. Custom finished w/o lower level w/a built-in bar, wine cellar, entertainment & exercise rooms. Security system, reverse osmosis system, brick paver circle drive, 3 car garage.

Last Agent to Sell the Property

Christy Brown-Ambrose

RE/MAX Classic License #6501225671 Listed on: 07/09/2021

RE/MAX Classic

Last Buyer's Agent

Jahangir Qureshi

RE/MAX Classic License #RCO-6501398649

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988 | Remodeled in 2015

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 91.00x313x74x294
  • Private Waterfront
  • 91 Feet of Waterfront
  • Lake Front
  • Permeable Paving
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 5,032 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Recirculated Exhaust Fan
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3.5 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1714200068
  • $15,000 Seller Concession

Community Details

Overview

  • Http://Homesteadshores.Com Association
  • Homestead Shores Condo Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,058

Year Built

Built in 1988 | Remodeled in 2015

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Traditional
  • Architecture Level: 2 Story
  • Assessment: 628.4, refuge, weed control, st lighting & lake level
  • Year Built: 1988
  • State Equalized Value: 658680.0000
  • Year Renovated: 2015
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (owned), Central Vacuum, High Spd Internet Avail, De-Humidifier, Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Dining Room, Family Room, Living Room, Primary Bedroom
  • Total Bedrooms: 4
  • Total Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Warming Drawer, Washer
  • Total Sq Ft: 5032

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lower Straits
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Permeable Paving
  • Foundation Materials: Block, Poured
  • Porch Type: Balcony, Porch - Covered, Deck, Patio, Porch, Terrace
  • Road Frontage Type: Paved
  • Water Frontage Feet: 91.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Private Water Frontage, Water Front

Garage/Parking

  • Garage Size: 3 Car, 3.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Heated, Attached
  • 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

  • HOA Fee Includes: Snow Removal, Trash
  • Association Fee Frequency: Annually
  • Association Fee: 1000
  • Association Contact: http://homesteadshores.com
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.56
  • Lot Dimensions: 91.00X313X74X294
  • Parcel Number: 1714200068

Tax Info

  • Tax Amount Summer: 10817.0000
  • Tax Amount Winter: 5241.0000
  • Total Tax: 16058.0000
  • Taxable Value: 516950.0000

Multi Family

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

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Dec 29, 2021
Sold by
Ottinger Kathleen M
Bought by
Rao Dr Khalid and Rao Zohra
Seller's Agent
Christy Brown-Ambrose
RE/MAX Classic
Buyer's Agent
Jahangir Qureshi
RE/MAX Classic
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Current Estimated Value
$2,032,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,132
Avg. Annual Appreciation
6.44%

Purchase Details

Listed on
Jul 9, 2021
Closed on
Dec 17, 2021
Sold by
Ottinger James E
Bought by
Ottinger Kathleen M
Seller's Agent
Christy Brown-Ambrose
RE/MAX Classic
Buyer's Agent
Jahangir Qureshi
RE/MAX Classic
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Source: Public Records

Range of Values:

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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
Rao Dr Khalid $1,600,000 None Listed On Document
Ottinger Kathleen M -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $1,600,000 -5.3% $318 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $1,690,000 -5.3% $336 / Sq Ft
07/21/2021 07/21/21 Price Changed $1,785,000 -3.5% $355 / Sq Ft
07/09/2021 07/09/21 For Sale $1,850,000 -- $368 / 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 $13,614 $805,010 $0 $0
2023 $12,836 $704,110 $0 $0
2022 $19,513 $634,950 $0 $0
2021 $16,339 $646,930 $0 $0
2020 $10,817 $658,680 $0 $0
2019 $15,564 $634,320 $0 $0
2018 $15,499 $577,600 $0 $0
2017 $15,266 $577,600 $0 $0
2016 $15,058 $560,390 $0 $0
2015 -- $533,010 $0 $0
2014 -- $471,940 $0 $0
2011 -- $543,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Brown-Ambrose

    Seller's Agent in 2021

    Christy Brown-Ambrose

    RE/MAX of Southeast Michigan

    (248) 408-3151

    2 in this area

    41 Total Sales

    Christy Brown-Ambrose
    Section Image
  • Jahangir Qureshi

    Buyer's Agent in 2021

    Jahangir Qureshi

    RE/MAX

    (313) 610-7333

    1 in this area

    24 Total Sales

    Jahangir Qureshi
    Section Image
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Map

Source: Realcomp

MLS Number: 2210054378

Realcomp

APN: 17-14-200-068

Michigan Oakland County Commerce Township 48382

3567 Loch Bend Dr, Commerce Township, 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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