NOT LISTED FOR SALE

4562 S Shore St Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $1,185,000 - $2,128,528

5 Beds
4.5 Baths
4,651 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $905,000 $195 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $10,189/month

497 Days on Market

Highlights

  • 465 Feet of Waterfront
  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • 0.9 Acre Lot
  • Deck
  • Ground Level Unit

About This Home

As of February 2021

Private all sports lake, two walkout door walls. Fireplace on three floors.Gas fireplace and a private deck off themaster bedroom. Beautiful view. Alarm system with cameras. High-efficiency water heaters.Two separatestaircases to basement walkout. First floor and second floor laundry rooms.Subzero built in refrigerator.470 feetof lake front.There's a home theater with a 110 inch screen in the basement. Four bedrooms upstairs, guest roomand basement office/den off foyer.Two year old dock. Marble foyer and formal dining room. Heatedgarage.Finished walkout basement. Wood play structure and fire-pit in the backyard. Wall of mature lilacsbetween neighbors. Private sandy beach. Basement has been recently finished. New roof in fall of 2018. NOTE COMMISSION FOR BUYERS AGENT.

Last Agent to Sell the Property

William Hitchcock

RE/MAX In The Park, Inc License #6502128540 Listed on: 09/03/2019

RE/MAX In The Park, Inc

Last Buyer's Agent

Deanna Bruzzese

Century 21 Professionals Roch License #6501247401

Century 21 Professionals Roch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 68x334
  • 465 Feet of Waterfront
  • Lake Front

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,651 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 3 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Deck
  • Exterior Lighting
  • Breezeway

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1322127015

Community Details

Overview

  • South Point Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,050

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 236
  • Year Built: 1998
  • State Equalized Value: 634810.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Great Room, Primary Bedroom
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal
  • Total Sq Ft: 4651

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Watkins Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: BBQ Grill, Lighting
  • Foundation Materials: Poured
  • Porch Type: Breezeway, Deck
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 465.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 45
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1054444.4444
  • Lot Size Area: 0.90
  • Lot Dimensions: 68x334
  • Parcel Number: 1322127015

Tax Info

  • Tax Amount Summer: 7139.0000
  • Tax Amount Winter: 4911.0000
  • Total Tax: 12050.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Feb 12, 2021
Sold by
Faraj Asaad
Bought by
Scherba Christopher and Scherba Madhuchhanda
Seller's Agent
William Hitchcock
RE/MAX In The Park, Inc
Buyer's Agent
Deanna Bruzzese
Century 21 Professionals Roch
List Price
$1,099,999
Sold Price
$905,000
Premium/Discount to List
-$194,999
-17.73%
Current Estimated Value
$1,712,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,843
Avg. Annual Appreciation
14.51%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Atchoo Kevin M and Atchoo Monica
Bought by
Faraj Asaad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1999
Sold by
Atchoo Kevin M
Bought by
Atchoo Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
6.89%
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
Scherba Christopher $905,000 None Available
Faraj Asaad $1,070,000 Devon Title Agency
Atchoo Kevin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faraj Asaad $856,000
Previous Owner Atchoo Kevin M $499,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $905,000 -4.6% $195 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
07/22/2020 07/22/20 Price Changed $949,000 +1.1% $204 / Sq Ft
03/17/2020 03/17/20 Price Changed $939,000 -2.1% $202 / Sq Ft
03/13/2020 03/13/20 Price Changed $959,000 -3.1% $206 / Sq Ft
03/05/2020 03/05/20 Price Changed $989,999 -1.0% $213 / Sq Ft
11/07/2019 11/07/19 Price Changed $999,999 -4.7% $215 / Sq Ft
09/25/2019 09/25/19 Price Changed $1,049,000 -4.6% $226 / Sq Ft
09/03/2019 09/03/19 For Sale $1,099,999 -- $237 / 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 $14,117 $871,190 $0 $0
2023 $13,465 $784,230 $0 $0
2022 $21,950 $600,000 $0 $0
2021 $12,468 $679,370 $0 $0
2020 $7,331 $658,190 $0 $0
2019 $12,144 $592,410 $0 $0
2018 $12,051 $522,610 $0 $0
2017 $11,102 $522,610 $0 $0
2016 $11,108 $476,830 $0 $0
2015 -- $400,250 $0 $0
2014 -- $363,890 $0 $0
2011 -- $315,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    William Hitchcock

    RE/MAX

    Section Image
  • Deanna Bruzzese

    Buyer's Agent in 2021

    Deanna Bruzzese

    Century 21 Professionals Roch

    (248) 894-6629

    2 in this area

    26 Total Sales

    Deanna Bruzzese
    Section Image
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Map

Source: Realcomp

MLS Number: 219090263

Realcomp

APN: 13-22-127-015

Michigan Oakland County Waterford 48328 Waterford Township

4562 S Shore St, Waterford, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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