NOT LISTED FOR SALE

3816 Teakwood Ln Rochester Hills, MI 48309

Estimated Value: $1,034,483 - $1,142,000

4 Beds
4.5 Baths
4,500 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $745,500 $166 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,779/month

211 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Covered Patio or Porch
  • Musson Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • 3 Car Attached Garage

About This Home

As of January 2018

NEWLY INSTALLED LANDSCAPING, BACK PATIO, LAWN & SPRINKLER! TURN_KEY CONSTRUCTION-IMMEDIATE OCCUPANCY. BEAUTIFUL HOME W/MANY UPGRADES INCLUDED. DUAL STAIRCASES 9 FT CEILINGS, BUTLERS PANTRY W/WET BAR, BALCONY OVERLOOKING IMPRESSIVE FAMILY RM AND FOYER, LUXURIOUS BATH W/WHIRLPOOL, LARGE SEP SHOWER & SEP TOILET STALL, SPACIOUS SUITE W/ PANNED CEILINGS. TOO MANY FEATURES TO LIST. GREAT LOCATION. MINUTES TO FREEWAYS, VILLAGE OF ROCHESTER HILLS. AGENT IS OWNER.

Last Agent to Sell the Property

Vito Randazzo

Centrale Realty License #6502132772 Listed on: 05/12/2017

Last Buyer's Agent

Vito Randazzo

Centrale Realty License #6502132772 Listed on: 05/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,488

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 102x150x102x151

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • Falcon Estates Sub No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1507105002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,488

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2017
  • Foundation Features: Sump Pump
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Jetted Tub, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 4500
  • Total Sq Ft: 4500
  • Sq Ft Total Bsmt: 2275

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone, Wood
  • Construction Features: New Construction, Quick Delivery Home
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 102
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 335
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • List Price per Acre: 2185428.5714
  • Lot Size Area: 0.35
  • Lot Dimensions: 102X150X102X151
  • Parcel Number: 1507105002

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jan 19, 2018
Sold by
L & R Homes Inc
Bought by
Bala Suri and Bala Sukanya
Seller's Agent
Vito Randazzo
Centrale Realty
Buyer's Agent
Vito Randazzo
Centrale Realty
List Price
$749,500
Sold Price
$745,500
Premium/Discount to List
-$4,000
-0.53%
Current Estimated Value
$1,082,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,371
Avg. Annual Appreciation
4.92%
Original Mortgage
$596,400
Outstanding Balance
$507,221
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$575,650
Source: Public Records

Range of Values:

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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
Bala Suri $745,500 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bala Suri $596,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $745,500 -2.5% $166 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
11/16/2017 11/16/17 Price Changed $764,900 +2.1% $170 / Sq Ft
05/12/2017 05/12/17 For Sale $749,500 -- $167 / 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
2022 $10,488 $400,250 $0 $0
2018 $9,209 $312,690 $0 $0
2017 $7,095 $244,560 $0 $0
2015 -- $47,070 $0 $0
2014 -- $40,890 $0 $0
2011 -- $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vito Randazzo

    Seller's Agent in 2018

    Vito Randazzo

    Centrale Realty

    (248) 388-3473

    5 in this area

    5 Total Sales

    Vito Randazzo
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Map

Source: Realcomp

MLS Number: 217038964

Realcomp

APN: 15-07-105-002

Michigan Oakland County Rochester Hills 48309

3816 Teakwood Ln, Rochester Hills, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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