NOT LISTED FOR SALE

40809 Magnolia Dr E Unit 50 Clinton Township, MI 48038

Estimated Value: $212,000 - $226,809

2 Beds
2 Baths
1,700 Sq Ft
$165/mo HOA Fee

Last Sold August 25, 2017

Last sale price $142,000 $84 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,637/month

5 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1.5 Car Garage

About This Home

As of August 2017

Well kept end unit ranch condo. Two bedrooms and two full baths. Finished basement with extra room. All appliances included

Last Agent to Sell the Property

Jared Baker

KW Platinum License #MISPE-6501365714 Listed on: 07/21/2017

KW Platinum

Last Buyer's Agent

Mark Tlok

Hartford Real Estate of Michigan License #6501319906

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1992

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1.5 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Additional Features

  • Basement

Community Details

  • Corrine O'daniel HOA
  • Villa Doro Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-11-18-130-050

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1992

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 1st Flr
  • Year Built: 1992
  • Mail City: Clinton Township
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 14 x 12
  • Bedroom 2: On Entry Level, Dimensions: 12 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On Entry Level, Dimensions: 12 x 10
  • Kitchen: On Entry Level, Dimensions: 12 x 9
  • Laundry: On Entry Level, Dimensions: 8 x 5
  • Living Room: On Entry Level, Dimensions: 14 x 20
  • Below Grade Sq Ft: 1100
  • Finished Below Grade Sq Ft: 600
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1700

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Condo/Co-op/Association

  • HOA Fees: 165
  • HOA Fee Frequency: Monthly
  • Association Contact: Corrine O'Daniel
  • Association Phone: 248 652 1508
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 16-11-18-130-050
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,456.00
  • Winter Tax: Year: 2016, Amount: $1,103.00

MLS Schools

  • School District: Chippewa Valley Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 25, 2017
Sold by
Gay Gregory L
Bought by
Bak Danuta
Seller's Agent
Jared Baker
KW Platinum
Buyer's Agent
Mark Tlok
Hartford Real Estate of Michigan
List Price
$139,900
Sold Price
$142,000
Premium/Discount to List
$2,100
1.5%
Current Estimated Value
$219,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,952
Avg. Annual Appreciation
5.56%
Original Mortgage
$134,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2015
Closed on
Apr 3, 2015
Sold by
Talerico Rebecca J
Bought by
Gay Gregory L
Seller's Agent
Dominic Mark Romano
Realty Executives Home Towne Shelby
Buyer's Agent
Anthony Stone
KW Platinum
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$117,800
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Delfuoco Deanna
Bought by
Talerico Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Gorski Laura and Gorski Laura L
Bought by
Delfuoco Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,550
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2002
Sold by
Sardelli Sandra A
Bought by
Gorski Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
6.3%
Source: Public Records

Range of Values:

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Average Value
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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
Bak Danuta $142,000 First American Title
Gay Gregory L $124,000 Visionary Title Agency Llc
Talerico Rebecca J $105,000 Devon Title Agency
Delfuoco Deanna $149,000 --
Gorski Laura L $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bak Danuta $125,000
Closed Bak Danuta $134,900
Previous Owner Gay Gregory L $117,800
Previous Owner Talerico Rebecca J $90,500
Previous Owner Talerico Rebecca $94,500
Previous Owner Delfuoco Deanna $25,000
Previous Owner Delfuoco Deanna N $141,550
Previous Owner Gorski Laura L $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $142,000 +1.5% $84 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $139,900 +12.8% $82 / Sq Ft
04/04/2015 04/04/15 Sold $124,000 -4.5% $109 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $129,900 -- $115 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,401 $101,800 $0 $0
2024 $2,026 $94,100 $0 $0
2023 $1,922 $87,600 $0 $0
2022 $3,081 $82,300 $0 $0
2021 $2,997 $73,500 $0 $0
2020 $1,763 $72,200 $0 $0
2019 $2,791 $68,600 $0 $0
2018 $2,684 $67,000 $0 $0
2017 $2,575 $61,800 $10,000 $51,800
2016 $2,558 $61,800 $0 $0
2015 -- $53,300 $0 $0
2014 -- $46,000 $0 $0
2011 -- $48,600 $0 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31326150

Michigan Multiple Listing Service

APN: 16-11-18-130-050