NOT LISTED FOR SALE

4556 Driftwood Dr Commerce Township, MI 48382

Estimated Value: $1,188,000 - $1,488,000

5 Beds
4.5 Baths
4,513 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,150,000 $255 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,243/month

17 Days on Market

Highlights

  • 127 Feet of Waterfront
  • Deck
  • Ground Level Unit
  • 0.84 Acre Lot
  • Jetted Tub in Primary Bathroom
  • Wine Refrigerator

About This Home

As of February 2022

Enjoy the serenity of this custom built Lake Sherwood home with panoramic sunrise views and a sandy beach. The open floor plan, two story great room, family room and expansive deck, make this home ideal for entertaining. Complete with a new cook's kitchen with marble countertops and stainless steel appliances. Expansive owner's suite, with a private veranda, work out room, WIC, and luxurious ensuite with fantastic views of the lake. Three additional bedrooms, office, full bath, and laundry room complete the upstairs. The walkout lower level with new full bath leads to the rolling grounds and the waterfront. Lifetime foundation support warranty.
Best lot & location on Lake Sherwood, you do not want to miss this one!!!!

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 01/03/2022

Max Broock, REALTORS®-Birmingham

Co-Listed By

Helen Reasoner

Max Broock, REALTORS®-Birmingham License #6501358900

Last Buyer's Agent

Andrea Rakestraw

KW Showcase Realty License #6501391692

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2001

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 129x253.00
  • 127 Feet of Waterfront
  • Lake Front
  • Sprinkler System

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,513 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Finished Basement
  • Fireplace in Basement
  • Carbon Monoxide Detectors
  • Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Air Purifier
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 1707327007

Community Details

Overview

  • Lake Sherwood Hoa/Dave Von Behren Association, Phone Number (248) 891-1734
  • Lake Sherwood Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,586

Year Built

Built in 1957 | Remodeled in 2001

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Quad-Level
  • Year Built: 1957
  • State Equalized Value: 488370.0000
  • Year Renovated: 2001
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Air Purifier, Humidifier, Jetted Tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Basement, Family Room
  • Room Count: 19
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Stainless Steel Appliance(s), Wine Refrigerator
  • Sq Ft Combined: 5223
  • Sq Ft Lower Floor: 710
  • Total Sq Ft: 4513
  • Sq Ft Total Bsmt: 710

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Sherwood
  • Waterfront: Yes
  • Foundation Details: Slab, Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 129
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 127.00
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds
  • Association Fee Frequency: Annually
  • Phone: 2488911734
  • Association Fee: 385
  • Association Contact: Lake Sherwood HOA/Dave Von Behren
  • Association Fee: Yes

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.84
  • Lot Dimensions: 129X253.00
  • Parcel Number: 1707327007

Tax Info

  • Tax Amount Summer: 9626.0000
  • Tax Amount Winter: 3960.0000
  • Total Tax: 13586.0000
  • Taxable Value: 425610.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 28, 2022
Sold by
Chiesa Robert G and Chiesa Tamara L
Bought by
Pennell Gordon and Pennell Sandra
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Andrea Rakestraw
KW Showcase Realty
List Price
$1,179,000
Sold Price
$1,150,000
Premium/Discount to List
-$29,000
-2.46%
Current Estimated Value
$1,355,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,614
Avg. Annual Appreciation
4.35%
Original Mortgage
$862,500
Outstanding Balance
$812,769
Interest Rate
3.89%
Estimated Equity
$524,711

Purchase Details

Listed on
Oct 1, 2014
Closed on
Dec 1, 2014
Sold by
Broadright Douglas G and Broadright Gail M
Bought by
Chiesa Robert G and Chiesa Tamara L
Seller's Agent
Susan Mcfarland
RE/MAX Classic
Buyer's Agent
Susan Mcfarland
RE/MAX Classic
List Price
$749,900
Sold Price
$720,000
Premium/Discount to List
-$29,900
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
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
Pennell Gordon $1,150,000 None Listed On Document
Chiesa Robert G $720,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennell Gordon $862,500
Previous Owner Chiesa Robert G $77,500
Previous Owner Broadright Douglas G $204,000
Previous Owner Broadright Doug G $412,000
Previous Owner Broadright Douglas G $464,680
Previous Owner Broadright Douglas G $230,000
Previous Owner Broadright Douglas G $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,150,000 -2.5% $255 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $1,179,000 +63.8% $261 / Sq Ft
12/01/2014 12/01/14 Sold $720,000 -4.0% $161 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $749,900 -- $168 / 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 $11,866 $572,130 $0 $0
2023 $11,319 $502,750 $0 $0
2022 $14,631 $487,140 $0 $0
2021 $13,722 $488,370 $0 $0
2020 $9,516 $468,340 $0 $0
2019 $13,041 $452,660 $0 $0
2018 $12,751 $406,320 $0 $0
2017 $12,504 $406,320 $0 $0
2016 $12,323 $390,680 $0 $0
2015 -- $389,330 $0 $0
2014 -- $336,900 $0 $0
2011 -- $266,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220000320

Realcomp

APN: 17-07-327-007