NOT LISTED FOR SALE

386 Riverbend Dr Unit 36 Milan, MI 48160

Estimated Value: $153,000 - $217,000

2 Beds
1.5 Baths
1,500 Sq Ft
$256/mo HOA Fee

Last Sold September 06, 2012

Last sale price $34,000 $23 Per Sq Ft

Est. 415% increase in value since last sale

Current estimated payment $1,471/month

213 Days on Market

Highlights

  • Outdoor Pool
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Clubhouse
  • Patio
  • Ceiling Fan

About This Home

As of September 2012

3 BEDROOM 1.5 BATH CONDO HOME WITH FRESH PAINT, FULL BASEMENT, NICE LOFT THAT COULD BE USED FOR OFFICE, DEN RO PAY AREA. FENCED REAR PATIO, COMMON POOL AND CLUBHOUSE. TONS OF PARKING. THIS IS A SHORT SALE PROPERTY AND IS SUBJECT TO THIRD PARTY APPROVAL.

Last Agent to Sell the Property

William Elias

Elias Realty-Livonia License #6501328378 Listed on: 01/27/2012

Last Buyer's Agent

Daryl Wizinsky

EXP Realty LLC License #RCO-6501368409

EXP Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • Wooded Lot

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 585306503600

Community Details

Overview

  • Association Phone (734) 677-2727
  • Milan Commons Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 1971
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting, Club House, Pool – Community, Grounds Maintenance
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Phone: (734) 677-2727
  • Association Fee: 256
  • Association Fee: No

Schools

  • School District: Milan

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Parcel Number: 585306503600

Tax Info

  • Tax Amount Summer: 1200.0000
  • Tax Amount Winter: 193.0000
  • Total Tax: 1393.0000

MLS Schools

  • School District: Milan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Tokarski Michael J
Bought by
Royce Thomas
Current Estimated Value
$175,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,860
Outstanding Balance
$127,176
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$54,289

Purchase Details

Listed on
Jan 27, 2012
Closed on
Sep 18, 2012
Sold by
Shock Bethany M and Shock Larry D
Bought by
Tokarski Michael J
Seller's Agent
William Elias
Elias Realty-Livonia
Buyer's Agent
Daryl Wizinsky
EXP Realty LLC
List Price
$108,000
Sold Price
$34,000
Premium/Discount to List
-$74,000
-68.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Feb 24, 2000
Sold by
Layfield Laura
Bought by
Edwards Darron and Parada Linette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,175
Interest Rate
8.31%
Mortgage Type
New Conventional
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
Royce Thomas $136,000 None Available
Tokarski Michael J $34,000 --
Edwards Darron $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royce Thomas $139,860
Previous Owner Edwards Darron $75,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $34,000 -68.5% $23 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $108,000 -- $72 / 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
2025 $3,076 $68,400 $0 $0
2024 $2,657 $68,400 $0 $0
2023 $2,540 $55,700 $0 $0
2022 $2,802 $55,700 $0 $0
2021 $867 $49,200 $0 $0
2020 $1,172 $38,300 $0 $0
2019 $1,148 $38,300 $0 $0
2018 $1,158 $20,300 $0 $0
2017 $1,136 $20,300 $0 $0
2016 $1,122 $16,200 $0 $0
2015 $1,066 $16,900 $0 $0
2014 $1,066 $16,900 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212009578

Realcomp

APN: 53-065-036-00