$2,475,000
SOLD NOV 4, 2024

48820 Wellsley Ct Northville, MI 48168

5 Beds
6 Baths
6,209 Sq Ft
0.42 Acres

Recently Sold

$399 Per Sq Ft

7% Below List Price

48 Days on Market

Highlights

  • 181 Feet of Waterfront
  • In Ground Pool
  • Colonial Architecture
  • Ridge Wood Elementary School Rated A
  • Built-In Freezer
  • Fireplace in Primary Bedroom

About This Home

As of November 2024

Welcome to this stunning stone 2-story home, perfectly situated on a picturesque peninsula with breathtaking views of the lake. The grand marble two-story foyer sets the stage for this exquisite property, leading you into an open floor plan featuring double-sided stairs adorned with custom ironwork. The heart of the home boasts a double-sided custom cast stone fireplace, creating a warm and inviting atmosphere. The gourmet kitchen is a chef’s dream, equipped with top-of-the-line WOLFE appliances. The expansive master bedroom offers a private balcony with stunning views of two lakes. Designed for entertaining, the lower level includes a full kitchen with a bar, an indoor pool and jacuzzi with heated floors, a bath with a steamer, and a walkout to a private beach. With 187 feet of waterfront, this home provides unparalleled access to the lake. Additional amenities include a state-of-the-art theater room and a full wine room. This home offers luxury living at its finest, for less than the cost to build. Don’t miss this exceptional opportunity to own a piece of paradise!

Last Agent to Sell the Property

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 07/29/2024

KW Domain

Co-Listed By

Renee Lossia Acho

KW Domain License #6501305857

Last Buyer's Agent

Amrinder Grewal

National Realty Centers, Inc License #6501422073

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2008 | Remodeled in 2016

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 94.50 x 193.50
  • 181 Feet of Waterfront
  • Lake Front

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 6,209 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Recirculated Exhaust Fan
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 77031010224000

Community Details

Overview

  • Stonewater Sub No 3 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,562

Year Built

Built in 2008 | Remodeled in 2016

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2008
  • State Equalized Value: 812800.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Indoor Pool, Jetted Tub, Programmable Thermostat, Spa/Hot-tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Great Room, Primary Bedroom
  • Room Count: 25
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Built-In Freezer, Built-In Gas Oven, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Dryer, Electric Cooktop, Exhaust Fan, Washer, Bar Fridge
  • Sq Ft Combined: 10709
  • Sq Ft Lower Floor: 4500
  • Total Sq Ft: 6209
  • Sq Ft Total Bsmt: 4500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 94
  • Road Frontage Type: Paved
  • Water Frontage Feet: 181.00
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 1100
  • Association Fee: Yes

Schools

  • School District: Northville

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.42
  • Lot Dimensions: 94.50 x 193.50
  • Parcel Number: 77031010224000

Tax Info

  • Tax Amount Summer: 15368.0000
  • Tax Amount Winter: 10194.0000
  • Total Tax: 25562.0000
  • Taxable Value: 715540.0000

MLS Schools

  • School District: Northville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Nov 4, 2024
Sold by
Khatri Hitesh V and Naik Karuna R
Bought by
Singh Sukhjit and Sekhon Sukhdeep
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
Amrinder Grewal
National Realty Centers, Inc
List Price
$2,650,000
Sold Price
$2,475,000
Premium/Discount to List
-$175,000
-6.6%
Views
125
Current Estimated Value
$2,539,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,775
Avg. Annual Appreciation
3.12%
Original Mortgage
$1,980,000
Outstanding Balance
$1,962,306
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$577,469

Purchase Details

Closed on
Aug 13, 2012
Sold by
Khatri Hitesh V and Naik Karuna R
Bought by
Khatri Hitesh V and Naik Karuna R

Purchase Details

Closed on
Aug 7, 2009
Sold by
Bazzy Ali and Bazzy Emel
Bought by
Khatri Hitesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$932,800
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2005
Sold by
Briggs Ronald J and Briggs Kristin E
Bought by
Bazzy Ali

Purchase Details

Closed on
Nov 20, 2000
Sold by
Leone & Assoc Inc
Bought by
Briggs Kristin E
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 -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $1,166,000 Michigan Title Insurance Age
Warranty Deed $370,000 None Available
Land Contract -- Greco
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,980,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $975,000 New Conventional
Previous Owner $860,800 New Conventional
Previous Owner $825,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $932,800 Unknown
Previous Owner $649,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $2,475,000 -6.6% $399 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $2,650,000 -- $427 / 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
2025 $16,107 $1,115,100 $0 $0
2024 $16,107 $963,700 $0 $0
2023 $15,368 $812,800 $0 $0
2022 $24,344 $763,000 $0 $0
2021 $23,963 $780,200 $0 $0
2020 $23,914 $761,200 $0 $0
2019 $23,476 $754,500 $0 $0
2018 $13,338 $752,500 $0 $0
2017 $18,238 $758,300 $0 $0
2016 $21,129 $733,800 $0 $0
2015 $58,494 $687,500 $0 $0
2013 $56,666 $587,500 $0 $0
2012 $17,938 $558,300 $109,400 $448,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240054996

Realcomp

APN: 77-031-01-0224-000