NOT LISTED FOR SALE

48804 Cotton Creek Cir Unit 50 Chesterfield, MI 48047

Estimated Value: $284,810 - $296,000

2 Beds
2 Baths
1,380 Sq Ft
$150/mo HOA Fee

Last Sold November 12, 2012

Last sale price $108,000 $78 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,054/month

21 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Central Air
  • Great Room
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of November 2012

RANCH CONDO, NEEDS SOME TLC, 2 BEDROOMS, 2 FULL BATHS, SUBJECT TO SHORT SALE APPROVAL.

Last Agent to Sell the Property

Deborah A. Gagnon

Keller Williams Realty Lakeside License #MISPE-6501187661 Listed on: 04/23/2012

Keller Williams Realty Lakeside

Last Buyer's Agent

Stefano Militello

RE/MAX First License #MISPE-6501252329

RE/MAX First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 2004

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0920475050

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,978

Year Built

Built in 2004

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 2004
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 14 x 12
  • Bedroom 2: On Entry Level, Dimensions: 11 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: First Floor Laundry, First Floor Mstr Bedroom, Great Room
  • Breakfast Nook: On Entry Level, Dimensions: 10 x 11
  • Great Room: On Entry Level, Dimensions: 29 x 12
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Kitchen Features: Breakfast Nook/Room, Eat-In Kitchen
  • Above Grade Finished Sq Ft: 1380
  • Total Finished Sq Ft: 1380

Exterior Features

  • Exterior: Brick
  • Exterior Features: Porch, Sidewalks
  • Foundation: Basement

Garage/Parking

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

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C, Exhaust Fan

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Monthly
  • HOA Fee Includes: Snow Removal, Trash Removal
  • Community Features: Private Entry
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 0920475050
  • Zoning: Multi-Family
  • Lot Dimensions: CONDO
  • Map Side Numeric: 15
  • Map Top Alpha: P
  • Geo Subdivision: MI

MLS Schools

  • School District: Anchor Bay School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Cyrus Rick Lee
Bought by
Cyrus Rick Lee and Cyrus Cynthia B
Current Estimated Value
$290,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2012
Closed on
Nov 8, 2012
Sold by
Mccullough Cynthia B
Bought by
Gingiloski Melvin L
Seller's Agent
Deborah A. Gagnon
Keller Williams Realty Lakeside
Buyer's Agent
Stefano Militello
RE/MAX First
List Price
$94,500
Sold Price
$108,000
Premium/Discount to List
$13,500
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$97,200
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Mccullough Cynthia B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2007
Sold by
Studer Marc J and Studer Brooke
Bought by
Mccullough Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2005
Sold by
Cotton Creek Development Inc
Bought by
Studer Marc J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,950
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
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
Cyrus Rick Lee -- None Available
Cyrus Rick Lee $148,000 None Available
Gingiloski Melvin L $108,000 Stewart Title Agency
Federal National Mortgage Association $172,059 None Available
Mccullough Cynthia B $172,000 Metropolitan Title Company
Studer Marc J $179,960 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyrus Rick Lee $70,000
Closed Cyrus Rick Lee $164,000
Closed Cyrus Rick Lee $157,730
Closed Cyrus Rick Lee $125,800
Previous Owner Gingiloski Melvin L $97,200
Previous Owner Mccullogh Cynthia B $167,000
Previous Owner Studer Marc J $161,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2012 11/12/12 Sold $108,000 +14.3% $78 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $94,500 -- $68 / 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 $3,978 $132,900 $0 $0
2024 $2,291 $128,100 $0 $0
2023 $2,171 $112,400 $0 $0
2022 $3,600 $103,800 $0 $0
2021 $3,449 $96,500 $0 $0
2020 $1,966 $91,100 $0 $0
2019 $2,249 $84,700 $0 $0
2018 $2,185 $84,100 $9,000 $75,100
2017 $2,159 $79,200 $9,000 $70,200
2016 $2,155 $79,200 $0 $0
2015 $1,001 $74,450 $0 $0
2014 $1,001 $59,500 $5,000 $54,500
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31099996

Michigan Multiple Listing Service

APN: 15-09-20-475-050