NOT LISTED FOR SALE

3875 E Commerce Rd Commerce Township, MI 48382

Estimated Value: $687,013 - $811,000

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

Sale Details

Date Sold: March 2, 2018

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

Est. 58% increase in value since last sale

Current estimated payment $4,685 / mo

250 Days on Market

Highlights

  • 327 Feet of Waterfront
  • Deck
  • 2 Car Attached Garage
  • Oak Valley Middle School Rated 9+
  • Contemporary Architecture
  • Patio

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

  • 26,136 Sq Ft 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

0.6 Acres

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
  • 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
  • Total Sq Ft: 2522

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2017
Closed on
Mar 2, 2018
Sold by
Bought by
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
$760,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,003
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Jun 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Aug 30, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2000
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 None Available
-- None Available
-- None Available
-- United Title Inc
-- United Title Inc
-- United Title Inc
$409,000 United Title Inc
$320,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $393,800
Previous Owner $252,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,496 $332,400 $0 $0
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

    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 48382

3875 E Commerce Rd, Commerce, 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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