NOT LISTED FOR SALE

3875 E Commerce Rd Commerce Township, MI 48382

Estimated Value: $617,000 - $872,000

5 Beds
3 Baths
2,522 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $480,000 $190 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,695/month

250 Days on Market

Highlights

  • 327 Feet of Waterfront
  • Contemporary Architecture
  • Patio
  • Deck
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of March 2018

INCREDIBLE VIEWS OF THE ENTIRE LENGTH OF PRIVATE, ALL SPORTS LAKE SHERWOOD CAN BE YOURS EVERY DAY ALONG WITH 327 FEET WATER FRONTAGE ON TWO SIDES OF THIS GORGEOUS LOT WHICH IS OVER A HALF ACRE IN SIZE. THIS 3300 SF HOME FEATURES FIVE BEDROOMS, THREE FULL BATHS, AN OPEN FLOOR PLAN WITH LOTS OF ENTERTAINING SPACE ON THE MAIN LEVEL, WALK OUT LOWER LEVEL WITH ITS FAMILY ROOM WITH FIREPLACE, SEPARATE BEDROOM AND FULL BATH. UPDATES INCLUDE THE LAKESIDE KITCHEN, BATHROOMS, NEW ROOF, WINDOWS, BOILER AND HOT WATER HEATER. ALL OF THIS ON A PREMIUM WATERFRONT LOT WITH A SPRINKLER SYSTEM, FIRE PIT, DOCK AND BEACH AREA. THE PROPERTY ALSO HAS MUNICIPAL SEWER AND WATER, AND A BEAUTIFUL NEW LEDGE ROCK SEAWALL RUNNING THE ENTIRE LENGTH OF THE 327' LONG SHORELINE.

Last Agent to Sell the Property

Mike Kirchner

Real Estate One-Milford License #6501328319 Listed on: 06/10/2017

Real Estate One-Milford

Last Buyer's Agent

Tara Hartwig

Epique Inc. License #6501399021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1962

Lot Details

  • 0.6 Acre Lot
  • 327 Feet of Waterfront
  • Lake Front

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 2,522 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1707127015

Community Details

Overview

  • Lake Sherwood Sub No 8 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,127

Year Built

Built in 1962

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 189.76
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3527
  • Sq Ft Lower Floor: 1005
  • Total Sq Ft: 2522
  • Sq Ft Total Bsmt: 1005

Exterior Features

  • Roof Material: Rubber
  • Waterfront Name: LAKE SHERWOOD
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Water Frontage Feet: 327.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 325
  • Association Fee: Yes

Schools

  • School District: Huron Valley

Lot Info

  • List Price per Acre: 833166.6667
  • Lot Features: Water View
  • Lot Size Area: 0.60
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 1707127015

Tax Info

  • Tax Amount Summer: 6611.0000
  • Tax Amount Winter: 1516.0000
  • Total Tax: 8127.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2017
Closed on
Mar 2, 2018
Sold by
Wimmer Llc
Bought by
Andrus Matthew S and Andrus Michelle M
Seller's Agent
Mike Kirchner
Real Estate One-Milford
Buyer's Agent
Tara Hartwig
Epique Inc.
List Price
$675,000
Sold Price
$480,000
Premium/Discount to List
-$195,000
-28.89%
Current Estimated Value
$760,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,072
Avg. Annual Appreciation
6.47%
Original Mortgage
$384,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2009
Sold by
Hodskins Terry L and Hodskins Douglas C
Bought by
Clarkston State Bank

Purchase Details

Closed on
Apr 20, 2007
Sold by
Hodskins Terry L
Bought by
Hodskins Terry L

Purchase Details

Closed on
Oct 18, 2006
Sold by
Hodskins Terry L and Hodskins Douglas C
Bought by
A Benefits Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,800
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Hodskins Terry L and Hodskins Douglas C
Bought by
Hodskins Terry L and A+ Benefits Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2004
Sold by
Donnelly Robert and Donnelly Sandra
Bought by
Hodskins Douglas C and Hodskins Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2000
Sold by
Conrad William R
Bought by
Donnelly Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

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Average Value
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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
Andrus Matthew S $480,000 None Available
Clarkston State Bank -- None Available
Hodskins Terry L -- None Available
A Benefits Inc -- United Title Inc
Hodskins Terry L -- United Title Inc
Hodskins Terry L -- United Title Inc
Hodskins Douglas C $409,000 United Title Inc
Donnelly Robert $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrus Matthew S $375,000
Closed Andrus Matthew S $384,000
Previous Owner Hodskins Terry L $409,000
Previous Owner Hodskins Terry L $393,800
Previous Owner Hodskins Douglas C $327,200
Previous Owner Hodskins Douglas C $53,450
Previous Owner Donnelly Robert $276,000
Previous Owner Donnelly Robert $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $480,000 -4.0% $190 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
10/24/2017 10/24/17 Price Changed $499,900 -5.5% $198 / Sq Ft
09/26/2017 09/26/17 Price Changed $529,000 -2.0% $210 / Sq Ft
09/13/2017 09/13/17 Price Changed $539,900 -1.8% $214 / Sq Ft
08/31/2017 08/31/17 Price Changed $549,900 -5.2% $218 / Sq Ft
08/15/2017 08/15/17 Price Changed $579,900 -10.8% $230 / Sq Ft
07/18/2017 07/18/17 Price Changed $649,900 -3.7% $258 / Sq Ft
06/10/2017 06/10/17 For Sale $675,000 -- $268 / 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 $6,318 $300,790 $0 $0
2023 $6,027 $268,180 $0 $0
2022 $8,579 $263,450 $0 $0
2021 $8,050 $264,390 $0 $0
2020 $5,518 $255,900 $0 $0
2019 $7,650 $238,870 $0 $0
2018 $5,405 $216,960 $0 $0
2017 $8,192 $216,960 $0 $0
2016 $8,127 $204,580 $0 $0
2015 -- $192,950 $0 $0
2014 -- $174,940 $0 $0
2011 -- $152,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Kirchner

    Real Estate One

    (248) 310-7183

    1 in this area

    6 Total Sales

    Mike Kirchner
    Section Image

  • T

    Buyer's Agent in 2018

    Tara Hartwig

    Epique Inc.

    Section Image
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Map

Source: Realcomp

MLS Number: 217049046

Realcomp

APN: 17-07-127-015

Michigan Oakland County Commerce Township 48382

3875 E Commerce Rd, Commerce Township, MI

This home is located at 3875 E Commerce Rd, Commerce Township, MI 48382 since 10 June 2017 and is currently estimated at $760,072, approximately $301 per square foot. This property was built in 1962. 3875 E Commerce Rd is a home located in Oakland County with nearby schools including Country Oaks Elementary School, Oak Valley Middle School, and Christ Lutheran Christian Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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