NOT LISTED FOR SALE

3977 Loch Bend Dr Unit 33 Commerce Township, MI 48382

Estimated Value: $679,703 - $1,024,000

4 Beds
3.5 Baths
3,614 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $418,000 $116 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,020/month

17 Days on Market

Highlights

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Walled Lake Central High School Rated A-
  • Cape Cod Architecture
  • 3 Car Direct Access Garage

About This Home

As of May 2013

Beautiful home in very desirable Homestead Shores with access to private Lower Straits Lake with private boat launch and beach. Main floor features master suite with large WIC, custom laundry room, updated kitchen with hardwood and granite, large sun room with fireplace that leads to 1000 sq ft cedar deck overlooking private, wooded back yard. Many updates. All measurements/amounts are estimated and should be verified by Buyer.

Last Agent to Sell the Property

Don Reed

Remirus License #6501300466 Listed on: 02/21/2013

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 100x115x233x229
  • Property fronts a private road

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 3,614 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1714200040

Community Details

Overview

  • Homestead Shores Condo Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,741

Year Built

Built in 1990

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Assessment: UNKNOWN
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 3614

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 660
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 100X115X233X229
  • Parcel Number: 1714200040

Tax Info

  • Tax Amount Summer: 4085.0000
  • Tax Amount Winter: 1656.0000
  • Total Tax: 5741.0000

Multi Family

  • Waterfront Features: All Sports Lake, Swim Association, Boat Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 30, 2013
Sold by
Gargano Michael and Gargano Kristin
Bought by
Holdwick Michael and Holdwick Julie
Seller's Agent
Don Reed
Remirus
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$439,900
Sold Price
$418,000
Premium/Discount to List
-$21,900
-4.98%
Current Estimated Value
$879,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,426
Avg. Annual Appreciation
6.17%
Original Mortgage
$333,400
Outstanding Balance
$235,570
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$643,856

Purchase Details

Closed on
Oct 31, 2011
Sold by
Gargano Michael
Bought by
Gargano Michael and Gargano Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Krol Norman K and Cavanaugh Linda
Bought by
Gargano Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
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
Holdwick Michael $418,000 First American Title
Gargano Michael -- None Available
Gargano Michael $500,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holdwick Michael $333,400
Previous Owner Gargano Michael $361,500
Previous Owner Gargano Michael $705,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $418,000 -5.0% $116 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $439,900 -- $122 / 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 $4,343 $306,610 $0 $0
2023 $4,095 $302,110 $0 $0
2022 $6,254 $302,540 $0 $0
2021 $6,155 $279,310 $0 $0
2020 $4,046 $269,260 $0 $0
2019 $5,862 $268,530 $0 $0
2018 $5,832 $262,630 $0 $0
2017 $5,747 $262,630 $0 $0
2016 $5,685 $253,070 $0 $0
2015 -- $223,270 $0 $0
2014 -- $176,570 $0 $0
2011 -- $179,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213016560

Realcomp

APN: 17-14-200-040