NOT LISTED FOR SALE

3940 Covert Rd Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $686,000 - $1,451,007

1 Bed
1 Bath
888 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $292,000 $329 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $6,172/month

72 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Bungalow
  • Dock Facilities
  • 1 Car Detached Garage
  • Shed

About This Home

As of January 2017

70' FRONTAGE ON VERY DESIRABLE 236 ACRE WATKINS LAKE. PRIVATE, ALL-SPORTS,---PERFECT TERRAIN FOR A WALK-OUT. EXISTING BUNGALOW W IS GREAT FOR SUMMER RETREATS OR TEAR DOWN AND BUILD YOUR DREAM LAKEFRONT ABODE. BEACH HAS BEEN PROFESSIONALLY UPGRADED.NEW BUILDING PLANS ARE AVAILABLE SUBJECT TO ACCEPTABLE OFFER. 0.43 ACRES. VALUE IS IN THE LAND--IMMEDIATE POSSESSION. 20 MINUTES TO BIRMINGHAM.

Last Agent to Sell the Property

Robert Watson

Keller Williams Home License #6501135885 Listed on: 10/18/2016

Last Buyer's Agent

Russell Ravary

Real Estate One-Commerce License #6501304423

Real Estate One-Commerce

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 0.43 Acre Lot
  • Lake Front

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1314352044

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,730

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 888

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Waterfront Name: WATKINS
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Block/Concrete/Masonry
  • Construction Features: Platted Sub.
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 788372.0930
  • Lot Size Area: 0.43
  • Lot Dimensions: 70w, 183, 125 Road, 217
  • Parcel Number: 1314352044

Tax Info

  • Tax Amount Summer: 2846.0000
  • Tax Amount Winter: 1884.0000
  • Total Tax: 4730.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
Jan 6, 2017
Sold by
Ruhala Ryan M and Ruhala Mary L
Bought by
Dietz Gary and Dietz Lorie F
Seller's Agent
Robert Watson
Keller Williams Home
Buyer's Agent
Russell Ravary
Real Estate One-Commerce
List Price
$339,000
Sold Price
$292,000
Premium/Discount to List
-$47,000
-13.86%
Current Estimated Value
$1,017,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,002
Avg. Annual Appreciation
15.22%

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 28, 2015
Sold by
Kurrie Margaret E and Kurrie Lewis J
Bought by
Ruhala Ryan M and Ruhala Mary L
Seller's Agent
John Delaney
Coldwell Banker Professionals-Northville
Buyer's Agent
Robert Watson
Keller Williams Home
List Price
$299,900
Sold Price
$278,000
Premium/Discount to List
-$21,900
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$222,400
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2015
Closed on
Aug 6, 2015
Sold by
Kurrle Margaret E and Kurrle Calvin L
Bought by
Kurrle Margaret E and Kurrle Lewis J
Seller's Agent
John Delaney
Coldwell Banker Professionals-Northville
Buyer's Agent
Robert Watson
Keller Williams Home
List Price
$299,900
Sold Price
$278,000
Premium/Discount to List
-$21,900
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
3.91%
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
Dietz Gary $292,000 Title Connect Llc
Ruhala Ryan M $278,000 Bankers Title Settlement Svc
Kurrle Margaret E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruhala Ryan M $222,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2017 01/06/17 Sold $292,000 -13.9% $329 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $339,000 +21.9% $382 / Sq Ft
09/28/2015 09/28/15 Sold $278,000 -7.3% $313 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $299,900 -- $338 / 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 $9,858 $557,770 $0 $0
2023 $9,403 $506,740 $0 $0
2022 $15,410 $470,180 $0 $0
2021 $14,590 $435,210 $0 $0
2020 $8,607 $400,000 $0 $0
2019 $8,978 $245,450 $0 $0
2018 $6,508 $149,870 $0 $0
2017 $5,260 $149,870 $0 $0
2016 $5,279 $146,570 $0 $0
2015 -- $141,380 $0 $0
2014 -- $138,850 $0 $0
2011 -- $135,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Russell Ravary

    Buyer's Agent in 2017

    Russell Ravary

    Real Estate One

    (248) 310-6239

    8 in this area

    101 Total Sales

    Russell Ravary
    Section Image

  • J

    Seller's Agent in 2015

    John Delaney

    Coldwell Banker Professionals-Northville

    Section Image

  • R

    Buyer's Agent in 2015

    Robert Watson

    Keller Williams Home

    Section Image
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Map

Source: Realcomp

MLS Number: 216102429

Realcomp

APN: 13-14-352-044

Michigan Oakland County Waterford 48328 Waterford Township

3940 Covert Rd, Waterford, 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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