$124,000
SOLD OCT 15, 2020

39220 Hayes Rd Unit 42 Clinton Township, MI 48038

2 Beds
2 Baths
1,050 Sq Ft
$260/mo HOA Fee

Recently Sold

$118 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Deck
  • End Unit
  • 1 Car Direct Access Garage
  • Ranch Style House
  • Ground Level Unit
  • Accessible Bedroom

About This Home

As of October 2020

Terrific corner 'penthouse' 3rd floor end unit Ranch Condo in Terraces at Cambridge. This unique complex offers so many amenities & with an elevator from lower level garage to the 3rd floor, it is handicapped accessible as well! Spacious open concept unit offers large Great Room with volume ceilings, crown molding & corner fireplace and opens into the updated kitchen w/new cabinets & gleaming granite & dining space . Both baths are updated & offer granite counters. 2 bedrooms both w/large walk in closets. The master is a true en-suite w/attached full bath & doorwall to private balcony area. In unit laundry is a huge bonus as well! Terraces at Cambridge offers high-rise luxury amenities inc indoor trash chute, indoor mail, underground heated garage w/assigned parking & 10x10 storage locker, elevators, gym/exercise room, community gathering room for parties/conferences, great location off Hayes with private drive and plenty of room for guest parking. Pets allowed!

Last Agent to Sell the Property

Stacey Taylor

@properties Christie's Int'l R E Clarkston License #6501273444 Listed on: 08/20/2020

Last Buyer's Agent

William Frohriep

License #6506041750

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2000 | Remodeled in 2014

Lot Details

  • Property fronts a private road
  • End Unit
  • Sprinkler System

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Garage Space
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets
  • Accessible Entrance

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1118359042

Community Details

Overview

  • Kmc Management Co Association, Phone Number (586) 421-4360
  • Terraces At Cambridge Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Limit on the number of pets

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,216

Year Built

Built in 2000 | Remodeled in 2014

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, End Unit, Ranch
  • Architecture Level: 1 Story Up
  • Year Built: 2000
  • State Equalized Value: 60000.0000
  • Year Renovated: 2014
  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Common Area, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Other Accessibility Features
  • Entry Location: Ground Level
  • Pets Allowed: Number Limit | Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Intercom
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1050
  • Total Sq Ft: 1050

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved, Private

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Attached, Basement Access, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 586-421-4360
  • Association Fee: 260
  • Association Contact: KMC management Co
  • Association Fee: Yes

Schools

  • School District: Chippewa Valley

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Parcel Number: 1118359042

Tax Info

  • Tax Amount Summer: 1276.0000
  • Tax Amount Winter: 940.0000
  • Total Tax: 2216.0000
  • Taxable Value: 54470.0000

MLS Schools

  • School District: Chippewa Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 15, 2020
Sold by
Lotan Briana L and Lotan Sandra L
Bought by
Morgan Anita
Seller's Agent
Stacey Taylor
@properties Christie's Int'l R E Clarkston
Buyer's Agent
William Frohriep
List Price
$127,000
Sold Price
$124,000
Premium/Discount to List
-$3,000
-2.36%
Current Estimated Value
$174,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,068
Avg. Annual Appreciation
7.30%
Original Mortgage
$117,800
Outstanding Balance
$105,302
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,728

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 26, 2016
Sold by
Otey David and Otey Julie
Bought by
Lotan Briana L and Lotan Patrick B
Seller's Agent
Brett Schmidt
Epique Realty
Buyer's Agent
Stacey Taylor
@properties Christie's Int'l R E Clarkston
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$117,826
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2010
Sold by
Schmidt Brandon
Bought by
Otey David and Otey Julie

Purchase Details

Closed on
Jun 4, 2010
Sold by
Schmidt Brandon
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 24, 2006
Sold by
Aragona Aragona Danielle F Danielle F and Aragona Strasburg Danielle
Bought by
Schmidt Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2002
Sold by
Terraces At Cambridge Pa
Bought by
Aragona Danielle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.24%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $124,000 None Available
Warranty Deed $120,000 Greater Macomb Title Agency
Warranty Deed $55,000 None Available
Sheriffs Deed $90,996 None Available
Warranty Deed $112,000 Great Lakes Title Michigan
Deed $126,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,800 New Conventional
Previous Owner $117,826 FHA
Previous Owner $30,000 Credit Line Revolving
Previous Owner $89,600 New Conventional
Previous Owner $11,200 Stand Alone Second
Previous Owner $100,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $124,000 -2.4% $118 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $127,000 +5.8% $121 / Sq Ft
09/26/2016 09/26/16 Sold $120,000 0.0% $114 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $120,000 -- $114 / 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 $2,777 $74,400 $0 $0
2024 $1,655 $68,300 $0 $0
2023 $1,570 $66,300 $0 $0
2022 $2,517 $59,800 $0 $0
2021 $2,507 $59,300 $0 $0
2020 $1,400 $60,000 $0 $0
2019 $2,216 $60,000 $0 $0
2018 $2,177 $54,400 $0 $0
2017 $2,151 $44,900 $7,500 $37,400
2016 $1,287 $44,900 $0 $0
2015 -- $37,000 $0 $0
2014 -- $30,500 $0 $0
2011 -- $38,800 $0 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200067712

Realcomp

APN: 16-11-18-359-042