$720,000
SOLD DEC 1, 2014

4556 Driftwood Dr Commerce Township, MI 48382

5 Beds
4.5 Baths
4,469 Sq Ft
0.84 Acres

Recently Sold

$161 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Lake Front
  • Deck
  • Covered Patio or Porch
  • 0.84 Acre Lot
  • Contemporary Architecture
  • 2 Car Direct Access Garage

About This Home

As of February 2022

Simply gorgeous! This main Lakefront home on all-sports Lake Sherwood has been completely remolded! 5BR, 4.5 Baths, large kitchen w/ island, finished walkout lower level , Den, Formal Dining and a 2 story Great Room featuring a wall of windows on lakeside. 2nd floor laundry room. Spacious Master suite with walk-in closet, private bath and workout room. Bose sound system and an outdoor kitchen. Great for entertaining! Lots of built ins! truly one of the nicest lakefront homes you'll see!

Last Agent to Sell the Property

Susan Mcfarland

RE/MAX Classic License #6501201620 Listed on: 10/01/2014

RE/MAX Classic

Last Buyer's Agent

Susan Mcfarland

RE/MAX Classic License #6501201620 Listed on: 10/01/2014

RE/MAX Classic

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
  • Lake Front

HOA Fees

  • $24 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Quad-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,469 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1707327007

Community Details

Overview

  • Lake Sherwood Sub Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,916

Year Built

Built in 1957 | Remodeled in 2001

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: Quad-Level
  • Year Built: 1957
  • Year Renovated: 2001
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Basement, Great Room
  • Room Count: 16
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 5179
  • Sq Ft Lower Floor: 710
  • Total Sq Ft: 4469
  • Sq Ft Total Bsmt: 710

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE SHERWOOD
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: BBQ Grill, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 129
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: 285
  • Association Fee: No

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • List Price per Acre: 892738.0952
  • Lot Features: Water View
  • Lot Size Area: 0.84
  • Lot Dimensions: 129x253
  • Parcel Number: 1707327007

Tax Info

  • Tax Amount Summer: 6478.0000
  • Tax Amount Winter: 2438.0000
  • Total Tax: 8916.0000

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 Type Sale Price Title Company
Warranty Deed $1,150,000 None Listed On Document
Warranty Deed $720,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,500 No Value Available
Previous Owner $77,500 Credit Line Revolving
Previous Owner $204,000 Future Advance Clause Open End Mortgage
Previous Owner $412,000 New Conventional
Previous Owner $464,680 Unknown
Previous Owner $230,000 Adjustable Rate Mortgage/ARM
Previous Owner $233,000 Unknown
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: 214102368

Realcomp

APN: 17-07-327-007