NOT LISTED FOR SALE

47295 Malburg Way Dr Unit 42 Macomb, MI 48044

Estimated Value: $572,000 - $591,527

4 Beds
3 Baths
3,218 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 13, 2015

Last sale price $315,000 $98 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,698/month

79 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Deck
  • Dakota High School Rated A-
  • Colonial Architecture
  • Recreation Room

About This Home

As of October 2015

SIGNIFICANT PRICE REDUCTION! Executive designed waterfront home with beautiful views of the lake and surrounding area, with a large kitchen, great room & formal dining room all with water views, with a perfect balance of beautiful hardwood floors, tile and carpeting, along with an impressive master suite with huge closet, and two-way fireplace leading into a large master bath, with jetted tub. Enjoy lakeside, with a large covered patio and professionally landscaped yard. The large finished basement includes a full kitchen. Includes all appliances in both kitchens, full master bedroom set, plus lawn mower & snow blower. Seller is motivated, recently lowered the price $3,000, cost per sq. ft. only $104 plus finished basement and water front! Available for easy showing without advance notice. Don't miss!

Last Agent to Sell the Property

Dan Ruese

Real Estate One Chesterfield License #MISPE-6502339440 Listed on: 05/19/2015

Real Estate One Chesterfield

Last Buyer's Agent

Dan Ruese

Real Estate One Chesterfield License #MISPE-6502339440 Listed on: 05/19/2015

Real Estate One Chesterfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 71x118
  • Waterfront
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Entryway
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Den
  • Recreation Room
  • Home Security System
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Parking

  • 2.5 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Property is near a pond
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Satellite Dish

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0826375042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,904

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 3904.47
  • Total Tax Year: 2013
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Interior Balcony, Bay Window, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Spa/Jetted Tub, Security System, Sound System, Sump Pump, Walk-In Closet, Wet Bar/Bar, Window Treatment(s)
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Humidifier, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, Grt Rm Fireplace, MstrBedroom Fireplace
  • Basement: Yes
  • Basement: Finished, Full
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 27 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 13
  • Bedroom 4: On 2nd Floor, Dimensions: 12 x 10
  • Bathrooms Description: Basement Lavatory, First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory, Whirlpool/Hot Tub
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room Types: Den/Study/Lib, Entry, Family Room, First Floor Laundry, Great Room, Living Room, Recreation Room, Utility/Laundry Room
  • Breakfast Nook: On 1st Floor, Dimensions: 13 x 9
  • Dining Room: On 1st Floor, Dimensions: 13 x 12
  • Family Room: In Basement, Dimensions: 28 x 15
  • Great Room: On 1st Floor, Dimensions: 22 x 16
  • Kitchen: On 1st Floor, Dimensions: 13 x 11
  • Kitchen Features: Breakfast Nook/Room, Eat-In Kitchen, Formal Dining Room
  • Laundry: On 1st Floor, Dimensions: 9 x 7
  • Library Den: On 1st Floor, Dimensions: 11 x 9
  • Living Room: On 1st Floor, Dimensions: 19 x 12
  • Other Room1: Dimensions: 12x9, On Level: Basement
  • Other Room 2: Dimensions: 14x11, On Level: Basement
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3218
  • Total Finished Sq Ft: 3218

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Exterior Balcony, Deck, Lawn Sprinkler, Patio, Porch, Satellite Dish, Sidewalks, Storms/Screens
  • Foundation: Basement
  • Frontage: 71
  • Road: City/County, Paved Street
  • Water Features: Pond, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Electric in Garage, Gar Door Opener, Workshop
  • Garage Spaces: 2.5
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 0826375042
  • Zoning: Residential
  • Location: Subdivision
  • Lot Description: Large Lot - 65+ Ft., Sidewalks
  • Lot Dimensions: 71X118
  • Site Condo: Yes
  • Acreage: 0.19
  • Map Side Numeric: 14
  • Map Top Alpha: L
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $3,120.00
  • Winter Tax: Year: 2013, Amount: $784.47
  • Total Tax: Year: 2013, Amount: $3,904.47
  • SEV Year: 2014

MLS Schools

  • School District: Chippewa Valley Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Oct 9, 2015
Sold by
Issa Ghassan and Issa Hayat
Bought by
Mays Ruth
Seller's Agent
Dan Ruese
Real Estate One Chesterfield
Buyer's Agent
Dan Ruese
Real Estate One Chesterfield
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
$578,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,882
Avg. Annual Appreciation
6.31%
Original Mortgage
$252,000
Outstanding Balance
$200,092
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$377,291

Purchase Details

Closed on
Aug 23, 2010
Sold by
Vanorden Douglas P and Vanorden Joanne E
Bought by
Issa Ghassan and Issa Hayat
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
Mays Ruth $315,000 Greater Macomb Title Agency
Issa Ghassan $230,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays Ruth $252,000
Previous Owner Issa Ghassan $200,000
Previous Owner Issa Ghassan $100,000
Previous Owner Vanorden Douglas P $272,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2015 10/13/15 Sold $315,000 -9.7% $98 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $349,000 0.0% $108 / Sq Ft
07/03/2014 07/03/14 Rented $2,300 -8.0% --
06/26/2014 06/26/14 Under Contract -- -- --
06/21/2014 06/21/14 For Rent $2,500 -- --
Source: Michigan Multiple Listing Service

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
2025 $6,819 $262,100 $0 $0
2024 $5,250 $254,000 $0 $0
2023 $4,980 $228,000 $0 $0
2022 $6,464 $201,900 $0 $0
2021 $6,263 $194,800 $0 $0
2020 $4,569 $187,700 $0 $0
2019 $5,568 $180,800 $0 $0
2018 $6,051 $173,600 $0 $0
2017 $5,968 $168,670 $35,000 $133,670
2016 $5,068 $168,650 $0 $0
2015 $4,265 $154,100 $0 $0
2014 $4,265 $137,490 $24,000 $113,490
2013 $3,120 $137,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31243684

Michigan Multiple Listing Service

APN: 20-08-26-375-042