NOT LISTED FOR SALE

3704 Lotus Dr Waterford, MI 48329

Waterford Township Neighborhood

Estimated Value: $249,000 - $276,673

3 Beds
2 Baths
1,712 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $232,500 $136 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,594/month

135 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Covered Patio or Porch
  • Beach Access
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of March 2023

Are you looking for a Lake View and Access without the lakefront taxes? This well shaded home has a large paver patio in front of the home to enjoy the beautiful sunsets over Lotus Lake which is attached to Maceday Lake. The beach association is almost directly across the street and incredibly convenient. While this home is in need of some updating, the "bones" of the home are in great shape and give you the opportunity to turn it into the home of your dreams. There are 3 large bedrooms, an office off the master, 2 full baths that need to be finished, and a full footprint dry basement. The doorwall exits out to the fenced in backyard that backs up to a wooded area. The boiler is newer and was installed in 2016 and the hot water heater within the last year. The neighborhood is very welcoming and no matter what time of year, you will see people enjoying the outdoors. This neighborhood truly offers a feeling of being up north while still being located on the Waterford/Clarkston boundary. Great public schools, as well as, Our Lady of the Lakes private school are right around the corner. If you are looking to create your dream home, this is a must see. The potential is incredible!

Last Agent to Sell the Property

Chris Mersino

MBA Real Estate Services License #6501281294 Listed on: 10/01/2022

Last Buyer's Agent

Kelli Thomas

3Sixty5 Realty License #6501438733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50.00 x 89.40
  • Back Yard Fenced
  • Level Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Mountain View Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1305378022
  • $6,975 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,846

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 617.00
  • Year Built: 1930
  • State Equalized Value: 96400.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Electric Cooktop, Free-Standing Electric Oven, Free-Standing Refrigerator
  • Total Sq Ft: 1712

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lotus Lake
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Waterfront Description: Beach Access
  • Fencing: Back Yard

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • 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

  • Lot Features: Level, Water View
  • Lot Dimensions: 50.00 x 89.40
  • Parcel Number: 1305378022

Tax Info

  • Tax Amount Summer: 1986.0000
  • Tax Amount Winter: 1860.0000
  • Total Tax: 3846.0000
  • Taxable Value: 92910.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Mar 14, 2023
Sold by
Musse Antonio M
Bought by
Shaban-Schelter Xena
Seller's Agent
Chris Mersino
MBA Real Estate Services
Buyer's Agent
Kelli Thomas
3Sixty5 Realty
List Price
$245,000
Sold Price
$232,500
Premium/Discount to List
-$12,500
-5.1%
Views
156
Current Estimated Value
$264,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,918
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mclain Michael V and Michael V Mclain Revocable Tru
Bought by
Musse Antonio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
Mclain Michael V
Bought by
Mclain Michael and Michael V Mclain Revocable Trust
Source: Public Records

Range of Values:

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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
Shaban-Schelter Xena $232,500 Sterling Title Agency
Musse Antonio M $100,000 Greater Macomb Title
Mclain Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musse Antonio M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2023 03/14/23 Sold $232,500 -3.1% $136 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
10/06/2022 10/06/22 Price Changed $240,000 -2.0% $140 / Sq Ft
10/01/2022 10/01/22 For Sale $245,000 -- $143 / 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 $2,433 $114,000 $0 $0
2023 $2,085 $106,880 $0 $0
2022 $4,241 $96,400 $0 $0
2021 $3,792 $89,950 $0 $0
2020 $1,170 $79,160 $0 $0
2019 $2,471 $77,970 $0 $0
2018 $2,323 $82,550 $0 $0
2017 $2,199 $82,550 $0 $0
2016 $2,138 $68,870 $0 $0
2015 -- $63,580 $0 $0
2014 -- $49,640 $0 $0
2011 -- $52,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Mersino

    Seller's Agent in 2023

    Chris Mersino

    MBA Real Estate Services

    (248) 620-8660

    12 in this area

    51 Total Sales

    Chris Mersino
    Section Image

  • K

    Buyer's Agent in 2023

    Kelli Thomas

    3Sixty5 Realty

    Section Image
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Map

Source: Realcomp

MLS Number: 20221047655

Realcomp

APN: 13-05-378-022

Michigan Oakland County Waterford 48329 Waterford Township

3704 Lotus Dr, Waterford, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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