$173,000
SOLD MAR 19, 2012

48675 Lorenzo Dr Macomb, MI 48044

3 Beds
2.5 Baths
1,932 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

8% Above List Price

10 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System
  • Dakota High School Rated A-

About This Home

As of July 2018

Great 3 bedroom split ranch home with almost 2000sqft,att-gar,den,bsmt, fenced yard, new carpeting ,freshly painted, fireplace and more!Freddie Mac/Homesteps foreclosure to be sold in as is condition. 2 YR.HOME WARRANTY INCLUDED, This property is eligible under the Freddie Mac First Look Initiative through 12/28/11 CLOSE BY 03/31/12 AND RECEIVE UP TO 3% TOWARDS CLOSING COST(EXCLUDE INVESTORS)

Last Agent to Sell the Property

Hank Mendez

Real Estate One Inc-Shelby License #MISPE-6502355303 Listed on: 12/13/2011

Real Estate One Inc-Shelby

Last Buyer's Agent

Brett Schmidt

Epique Inc. License #MISPE-6501323685

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1995

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Rose Pointe Estates #03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0829152026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,774

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1995
  • Mail City: Macomb
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 17 x 12
  • Bedroom 2: On Entry Level, Dimensions: 15 x 11
  • Bedroom 3: On Entry Level, Dimensions: 12 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Great Room: On Entry Level, Dimensions: 21 x 15
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Library Den: On Entry Level, Dimensions: 11 x 11
  • Above Grade Finished Sq Ft: 1932
  • Total Finished Sq Ft: 1932
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Foundation: Basement

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 0829152026
  • Lot Dimensions: 75X120
  • Acreage: 0.21
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $2,211.19
  • Winter Tax: Year: 2010, Amount: $562.52

MLS Schools

  • School District: Chippewa Valley Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jul 2, 2018
Sold by
Wink Kenneth and Wink Nicole
Bought by
Rener Scott P
Seller's Agent
Brett Schmidt
Epique Inc.
Buyer's Agent
Diane Carter
Real Estate One Chesterfield
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$455,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,729
Avg. Annual Appreciation
6.00%
Original Mortgage
$285,000
Outstanding Balance
$247,511
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$208,218

Purchase Details

Listed on
Dec 13, 2011
Closed on
Mar 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wink Kenneth and Wink Nicole
Seller's Agent
Hank Mendez
Real Estate One Inc-Shelby
Buyer's Agent
Brett Schmidt
Epique Inc.
List Price
$159,900
Sold Price
$173,000
Premium/Discount to List
$13,100
8.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$159,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Reschke Robert B and Reschke Christine L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 3, 2002
Sold by
Chevalier Lori L
Bought by
Reschke Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1995
Sold by
Construct Palazzolo
Bought by
Chevalier J and Chevalier L

Purchase Details

Closed on
Mar 7, 1995
Sold by
Cavaliere John
Bought by
Palazzolo Angelo and Palazzolo Caterina
Source: Public Records

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Range of Values:

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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 $300,000 First American Title Insuran
Deed $173,000 Attorneys Title Agency Llc
Sheriffs Deed $160,164 None Available
Deed $242,500 --
Deed $165,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $93,000 New Conventional
Previous Owner $38,000 Future Advance Clause Open End Mortgage
Previous Owner $161,000 New Conventional
Previous Owner $159,600 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $150,750 Balloon
Previous Owner $152,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $300,000 0.0% $150 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $300,000 +73.4% $150 / Sq Ft
03/19/2012 03/19/12 Sold $173,000 +8.2% $90 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
12/13/2011 12/13/11 For Sale $159,900 -- $83 / Sq Ft
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 $6,048 $203,400 $0 $0
2024 $4,070 $201,400 $0 $0
2023 $3,860 $182,200 $0 $0
2022 $5,251 $169,500 $0 $0
2021 $4,666 $160,300 $0 $0
2020 $3,542 $156,200 $0 $0
2019 $4,316 $137,800 $0 $0
2018 $3,126 $129,100 $0 $0
2017 $3,062 $124,320 $34,500 $89,820
2016 $2,905 $124,290 $0 $0
2015 $2,866 $117,080 $0 $0
2014 $2,866 $101,640 $23,500 $78,140
2011 $563 $97,270 $20,500 $76,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31083570

Michigan Multiple Listing Service

APN: 20-08-29-152-026