NOT LISTED FOR SALE

3970 Covert Rd Waterford, MI 48328

Estimated Value: $400,000 - $522,000

0.66 Acre
$692,280 Price per Acre
28,750 Sq Ft Lot

Sale Details

Date Sold: July 8, 2016

Last sale price $365,000

Est. 25% increase in value since last sale

Current estimated payment $2,811 / mo

28 Days on Market

About This Lot

As of July 2016

Amazing parcel on Watkins Lake. Two separate lots combine to make .66 acres & premium lake frontage in Oakland County. Best view on the lake with hilltop setting and panoramic views of 232 acre private all-sport lake. Build your dream home on one-of-a-kind piece of property. Renderings attached propose possible build-out on existing home, already priced out and for approx $120,000 build this home and have the lakefront lot of your dreams! Plans available! 2016 taxes estimated.

Last Agent to Sell the Property

Randy Gates

Keller Williams Lakeside License #6501322216 Listed on: 05/10/2016

Keller Williams Lakeside

Last Buyer's Agent

Dana Cooper

Max Broock, REALTORS®-Birmingham License #6501371199

Max Broock, REALTORS®-Birmingham

Property Details

Property Type

  • Land

Lot Details

  • 28,750 Sq Ft Lot
  • Lot Dimensions are 147.6x297x70x217
  • Lake Front

Property Views

  • Water Views

Community Details

Overview

  • Linnet Park Subdivision

Recreation

  • Water Sports

Property Details

Property Type

Land

Lot Details

0.66 Acres

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 10.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Watkins Lake
  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • List Price per Acre: 605909.0909
  • Lot Features: Water View, Possible Daylight, Possible Walkout
  • Lot Size Area: 0.66
  • Lot Dimensions: 147.6x297x70x217
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 6600.0000
  • Tax Amount Winter: 2627.0000
  • Total Tax: 9227.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Waterford

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

Closed on
May 31, 2024
Sold by
Bought by
Current Estimated Value
$456,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,075
Outstanding Balance
$510,821
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$53,916

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 8, 2016
Sold by
Bought by
Seller's Agent
Randy Gates
Keller Williams Lakeside
Buyer's Agent
Dana Cooper
Max Broock, REALTORS®-Birmingham
List Price
$435,000
Sold Price
$365,000
Premium/Discount to List
-$70,000
-16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 5, 2016
Sold by
Bought by
Seller's Agent
Randy Gates
Keller Williams Lakeside
Buyer's Agent
Dana Cooper
Max Broock, REALTORS®-Birmingham
List Price
$435,000
Sold Price
$365,000
Premium/Discount to List
-$70,000
-16.09%

Purchase Details

Closed on
Mar 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bought by
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
$609,500 Capital Title
$609,500 Capital Title
-- First American Title Ins Co
$265,000 First American Title Ins Co
$225,000 Bell Title Agency
$422,500 First American Title
-- --
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
Open $518,075
Closed $518,075
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
07/08/2016 07/08/16 Sold $365,000 -16.1% --
06/07/2016 06/07/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $435,000 -- --
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 $4,173 $196,000 $0 $0
2024 $2,691 $150,550 $0 $0
2023 $4,681 $142,250 $0 $0
2022 $6,420 $136,280 $0 $0
2021 $6,088 $125,580 $0 $0
2020 $4,272 $114,670 $0 $0
2019 $5,925 $109,140 $0 $0
2018 $5,851 $116,050 $0 $0
2017 $6,268 $116,050 $0 $0
2016 $3,812 $111,770 $0 $0
2015 -- $105,040 $0 $0
2014 -- $101,760 $0 $0
2011 -- $97,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Gates

    Seller's Agent in 2016

    Randy Gates

    Keller Williams Lakeside

    (248) 431-4321

    91 Total Sales

    Randy Gates
    Section Image
  • Dana Cooper

    Buyer's Agent in 2016

    Dana Cooper

    Max Broock, REALTORS®-Birmingham

    (248) 658-8030

    351 Total Sales

    Dana Cooper
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216045515

Realcomp

APN: 13-14-352-008

Michigan Oakland County Waterford 48328

3970 Covert Rd, Waterford, MI

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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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