NOT LISTED FOR SALE

4585 Motorway Dr Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $857,000 - $1,015,000

3 Beds
4 Baths
2,132 Sq Ft
$433/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $689,000 $323 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,825/month

9 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • 3 Car Attached Garage
  • Ranch Style House
  • Porch
  • Patio

About This Home

As of November 2019

Lakefront Property with beautiful views and privacy! 3 beds 4 baths 3,832 sq. ft. total finished living space. Lakefront home with modern open floor plan. Lots of natural light with southern exposure and spectacular lake views of private all sports Elizabeth Lake with sandy bottom beach front. Beautiful view of sunsets with an open lot next door - cannot be developed. All you need is on one floor, including 3 car garage, no steps, master bedroom, laundry, kitchen, great room, etc. Amenities include Thermador kitchen appliances, whole house generator, beautiful wood floors and ceramic tile throughout 1st floor, 2 fireplaces, master bath with soaking tub and Euro shower, retractable Sunsetter awning, new a/c unit, new hot water heater, and new roof. Dock is included with sale along with washer and dryer. Thank you for viewing this lovely home.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #6502423008 Listed on: 10/07/2019

Last Buyer's Agent

Lynn Stephens

EXP Realty License #6501394481

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50.00x133.30

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,132 Sq Ft Home
  • Ceiling Fan
  • Walk-Out Basement

Kitchen

  • Free-Standing Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Elizabeth Lk Glf & Cntry Clb Smr Hm Sites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1327378032

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,908

Year Built

Built in 1973

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1973
  • State Equalized Value: 340800.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2132
  • Total Sq Ft: 2132
  • Sq Ft Total Bsmt: 2066

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Frontage Feet: 50
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 100
  • Association Fee: Yes

Schools

  • School District: Waterford

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2326666.6667
  • Lot Size Area: 0.30
  • Lot Dimensions: 50.00X133.30
  • Parcel Number: 1327378032

Tax Info

  • Tax Amount Summer: 6600.0000
  • Tax Amount Winter: 4308.0000
  • Total Tax: 10908.0000
  • Taxable Value: 305900.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 1, 2019
Sold by
Schwarz Gunther and Schwarz Trudi Reiter
Bought by
Stephens Paul R and Stephens Lynn M
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Lynn Stephens
EXP Realty
List Price
$698,000
Sold Price
$689,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$922,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,193
Avg. Annual Appreciation
3.79%
Original Mortgage
$482,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2017
Sold by
Schwarz Gunther and Schwarz Trudi
Bought by
Schwarz Gunther and Schwarz Trudi Reiter

Purchase Details

Listed on
Jul 6, 2016
Closed on
Dec 9, 2016
Sold by
Moray Susan and Karr Susan M
Bought by
Schwarz Gunther and Schwarz Trudi
Seller's Agent
Denise Zuckerman
The Agency Hall & Hunter
Buyer's Agent
Stephan Brochu
RE/MAX Platinum - Grand Blanc
List Price
$759,000
Sold Price
$676,000
Premium/Discount to List
-$83,000
-10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$540,800
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2011
Sold by
Karr Susan M and Karr Paul D
Bought by
Karr Susan M

Purchase Details

Closed on
Aug 18, 1997
Sold by
Studt Betty
Bought by
Karr Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Stephens Paul R $689,000 Title Solutions Agency Llc
Schwarz Gunther -- None Available
Schwarz Gunther $676,000 Devon Title Agency
Karr Susan M -- None Available
Karr Paul D $417,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Paul R $100,000
Open Stephens Paul R $482,000
Closed Stephens Paul R $482,000
Closed Stephens Paul R $482,300
Previous Owner Schwarz Gunther $540,800
Previous Owner Moray Susan $275,000
Previous Owner Karr Paul D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $689,000 -1.3% $323 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $698,000 +3.3% $327 / Sq Ft
12/09/2016 12/09/16 Sold $676,000 -2.6% $317 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/28/2016 09/28/16 Price Changed $694,000 -4.9% $326 / Sq Ft
09/01/2016 09/01/16 Price Changed $729,900 -3.8% $342 / Sq Ft
07/06/2016 07/06/16 For Sale $759,000 -- $356 / 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 $8,511 $401,760 $0 $0
2023 $8,118 $385,530 $0 $0
2022 $13,098 $361,750 $0 $0
2021 $12,557 $354,940 $0 $0
2020 $7,688 $357,330 $0 $0
2019 $10,925 $340,800 $0 $0
2018 $10,840 $293,600 $0 $0
2017 $10,005 $293,600 $0 $0
2016 $7,109 $292,770 $0 $0
2015 -- $292,940 $0 $0
2014 -- $258,010 $0 $0
2011 -- $201,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ryan Gehris

    USRealty.com, LLP

    Section Image
  • Lynn Stephens

    Buyer's Agent in 2019

    Lynn Stephens

    EXP Realty

    (734) 476-1452

    3 in this area

    76 Total Sales

    Lynn Stephens
    Section Image

  • D

    Seller's Agent in 2016

    Denise Zuckerman

    The Agency Hall & Hunter

    (248) 644-3500

    1 in this area

    23 Total Sales

    Denise Zuckerman
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Gillian Lazar

    The Agency Hall & Hunter

    (248) 613-3400

    23 Total Sales

    Gillian Lazar
    Section Image
  • Stephan Brochu

    Buyer's Agent in 2016

    Stephan Brochu

    RE/MAX Michigan

    (810) 397-5343

    5 in this area

    302 Total Sales

    Stephan Brochu
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219103026

Realcomp

APN: 13-27-378-032

Michigan Oakland County Waterford 48327 Waterford Township

4585 Motorway Dr, Waterford, MI

This home is located at 4585 Motorway Dr, Waterford, MI 48328 since 07 October 2019 and is currently estimated at $922,193, approximately $432 per square foot. This property was built in 1973. 4585 Motorway Dr is a home located in Oakland County with nearby schools including Haviland Elementary School, Pierce Middle School, and Waterford Mott High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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