NOT LISTED FOR SALE

Estimated Value: $747,000 - $2,151,517

0.48 Acre
$3,019,290 Price per Acre
20,909 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $420,000 $305 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $10,545/month

60 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Dock Facilities
  • 3-minute walk to Club Royale Marina

About This Lot

As of August 2020

A 0.48 acre lakeside vacant lot in Waterford with a captivating hill-top sunset view! Its 60 ft shoreline sits on spring-fed Elizabeth Lake (which is 363 acres and up to 40 feet in depth for most of the lake). The lake is all-sports and has private access only. This desirable and very private double-lot site (formerly with a house and a separate garage) has access from two roadways, Cass-Elizabeth Lake Road and London Court. Construction of a home on this property offers the possibility of a walk-out basement. This quiet and peaceful location is fully fenced and surrounded by mature trees. Its shoreline has a small cove for a boat, and a dock can be extended from the property into the sandy bottom lake, which is also ideal for swimming and fishing. One of the last large lakeside properties available in Oakland County! No association fees. City water and sewer.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 06/01/2020

Last Buyer's Agent

Mickie Klump

KW Showcase Realty License #RCO-6501340613

KW Showcase Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 60x317
  • 60 Feet of Waterfront
  • Lake Front

Additional Features

  • Water Views
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1334401012

Community Details

Overview

  • Suprvr's Plat No 46 Waterford Twp Subdivision

Recreation

  • Water Sports
  • Dock Facilities
  • Boat Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$5,896

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: 488.7
  • State Equalized Value: 103960.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Elizabeth Lake
  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Water Frontage Feet: 60.00
  • Waterfront Description: Lake Front, Water Front

Utilities

  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Lot Info

  • List Price per Acre: 958333.3300
  • Lot Features: Possible Daylight, Possible Walkout, Vacation Home, Water View
  • Lot Size Area: 0.48
  • Lot Dimensions: 60x317
  • Parcel Number: 1334401012
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 3978.0000
  • Tax Amount Winter: 1918.0000
  • Total Tax: 5896.0000
  • Taxable Value: 99800.0000

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
Jun 1, 2020
Closed on
Aug 26, 2020
Sold by
Lewitt Peter A and Eisenstadt Janice
Bought by
Joseph Jaye
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Mickie Klump
KW Showcase Realty
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%
Current Estimated Value
$1,449,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029,259
Avg. Annual Appreciation
26.44%

Purchase Details

Listed on
Dec 15, 2013
Closed on
Jun 2, 2014
Sold by
Grantz Craig W and Grantz Donna J
Bought by
Lewitt Peter A and Eisenstadt Janice
Seller's Agent
Rick Beaudin
KW Realty Livingston
Buyer's Agent
Helen Berke
Assurance Property Solutions LLC
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
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

Date Buyer Sale Price Title Company
Joseph Jaye $420,000 Liberty Title
Lewitt Peter A $350,000 Select Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $420,000 -8.7% $305 / Sq Ft
06/01/2020 06/01/20 For Sale $460,000 +31.4% $335 / Sq Ft
06/02/2014 06/02/14 Sold $350,000 -6.7% $255 / Sq Ft View Prior Sale
05/07/2014 05/07/14 Pending -- -- --
12/15/2013 12/15/13 For Sale $375,000 -- $273 / 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 $35,060 $921,600 $0 $0
2023 $24,831 $637,100 $0 $0
2022 $8,197 $167,470 $0 $0
2021 $7,832 $147,700 $0 $0
2020 $4,115 $111,560 $0 $0
2019 $6,033 $119,560 $0 $0
2018 $5,896 $97,750 $0 $0
2017 $5,540 $97,750 $0 $0
2016 $5,533 $97,750 $0 $0
2015 -- $97,750 $0 $0
2014 -- $126,290 $0 $0
2011 -- $120,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200038565

Realcomp

APN: 13-34-401-012