$1,850,000
SOLD AUG 23, 2024

48887 Veneto Dr Northville, MI 48167

5 Beds
7 Baths
4,939 Sq Ft
0.5 Acres

Recently Sold

$375 Per Sq Ft

16% Below List Price

59 Days on Market

Highlights

  • In Ground Pool
  • Built-In Refrigerator
  • Jetted Tub in Primary Bathroom
  • Moraine Elementary School Rated A+
  • Colonial Architecture
  • Terrace

About This Home

As of August 2024

Nestled within the prestigious enclave of Tuscany Reserve lies a captivating masterpiece of architectural splendor, offering the epitome of luxury living. Perfectly situated with an east facing front and enjoying private, sunset western views at rear. As you step through the grand foyer, you're greeted by an ambiance of warmth and sophistication, setting the tone for the opulence that awaits within. The heart of the home is a chef's dream, boasting a stunning kitchen that seamlessly flows into the formal living room, adorned with a dual-sided fireplace that adds a touch of refinement to every gathering. Connected to this space is a playroom, where laughter echoes and memories are made. Practicality meets style in the mudroom, featuring first-floor laundry facilities and custom lockers, providing a convenient transition from the outdoors to the indoors. And for the car enthusiast, a finished four-car garage awaits, complete with heating and ample storage for all your automotive treasures. Ascending the staircase reveals a sanctuary of comfort on the upper level, where five bedrooms offer retreats of tranquility. The master suite is a study in luxury, with a custom walk-in closet and a private balcony that overlooks the breathtaking backyard oasis below. Venture to the walkout lower level, where over 2,300 square feet of living space awaits. Here, a haven for relaxation and entertainment unfolds, with a bar for hosting soirées, a gym for staying active, and a guest room for accommodating loved ones. A full bath and locker room ensure convenience, while storage for pool essentials adds practicality to the space. Outside, the landscape becomes an extension of the home's allure with paver and limestone walkways, bask in the serenity of porches and landings, or indulge in the delights of a saltwater pool and built-in hot tub. An inviting wood-burning fireplace with a pizza oven beckons for al fresco dining under the stars. Peace of mind is insured with a built-in gas generator for any power outages.

Last Agent to Sell the Property

Brad McGuire

@properties Christie's Int'l RE Northville License #6502417743 Listed on: 06/14/2024

@properties Christie's Int'l RE Northville

Co-Listed By

Raffaele Malizia

@properties Christie's Int'l RE Northville License #6501327816

Last Buyer's Agent

Pavlina Ivezaj

Signature Sotheby's International Realty Bham License #6501426444

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120x187x120x181
  • Gated Home
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,939 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Bar Fridge
  • Double Sided Fireplace
  • Entrance Foyer
  • Security System Owned
  • Dryer

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • <<microwave>>
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered patio or porch
  • Terrace
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Whole House Permanent Generator
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2232376041

Community Details

Overview

  • 313 805 3805 Association
  • Tuscany Reserve Occpn 1873 Subdivision
  • The community has rules related to fencing

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,556

Year Built

Built in 2013

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 138.00
  • Year Built: 2013
  • State Equalized Value: 797260.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Entrance Foyer, High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System
  • Fireplace: Yes
  • Fireplace Locations: Basement, Double Sided
  • Room Count: 23
  • Total Bedrooms: 5
  • Total Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Bar Fridge
  • Sq Ft Combined: 7329
  • Sq Ft Lower Floor: 2390
  • Total Sq Ft: 4939
  • Sq Ft Total Bsmt: 2609

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco
  • Exterior Features: Whole House Generator, Gate House, Lighting, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 120
  • Porch Type: Balcony, Porch - Covered, Patio, Porch, Terrace, Patio - Covered, Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W
  • Fencing: Fencing Required with Pool

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Side Entrance, Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Annually
  • Phone: TuscanyReserveHomeOwners@gmail.com
  • Association Fee: 3000
  • Association Contact: 313-805-3805
  • Association Fee: Yes

Schools

  • School District: Northville

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.50
  • Lot Dimensions: 120x187x120x181
  • Parcel Number: 2232376041

Tax Info

  • Tax Amount Summer: 23570.0000
  • Tax Amount Winter: 2986.0000
  • Total Tax: 26556.0000
  • Taxable Value: 773740.0000

MLS Schools

  • School District: Northville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 23, 2024
Sold by
Assante Anne L and Assante Thomas S
Bought by
Bahabra Mohamad and Sulman Suham
Seller's Agent
Brad McGuire
@properties Christie's Int'l RE Northville
Buyer's Agent
Pavlina Ivezaj
Signature Sotheby's International Realty Bham
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%
Views
73
Current Estimated Value
$1,994,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,394
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jun 15, 2018
Sold by
Graves Adam C and Graves Abigail K
Bought by
Assante Anne L and Assante Thomas S
Seller's Agent
Adam Oberski
Century 21 Curran & Oberski
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$1,795,000
Sold Price
$1,625,000
Premium/Discount to List
-$170,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$825,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 24, 2014
Closed on
Aug 25, 2014
Sold by
Meg Development Llc
Bought by
Graves Adam C and Graves Abigail K
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Adam Oberski
Century 21 Curran & Oberski
List Price
$1,049,000
Sold Price
$1,355,000
Premium/Discount to List
$306,000
29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,084,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $1,850,000 None Listed On Document
Warranty Deed $1,625,000 None Available
Warranty Deed $155,000 Title Solutions Agency Llc
Quit Claim Deed -- Title Solutions Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $825,000 Adjustable Rate Mortgage/ARM
Previous Owner $127,500 New Conventional
Previous Owner $1,084,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,850,000 -9.8% $375 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $2,050,000 -4.7% $415 / Sq Ft
07/09/2024 07/09/24 Price Changed $2,150,000 -2.3% $435 / Sq Ft
06/14/2024 06/14/24 For Sale $2,200,000 +35.4% $445 / Sq Ft
08/10/2018 08/10/18 Sold $1,625,000 -9.5% $322 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $1,795,000 +32.5% $355 / Sq Ft
08/25/2014 08/25/14 Sold $1,355,000 +29.2% $268 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $1,049,000 -- $208 / 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
2023 $24,347 $797,260 $0 $0
2022 $25,437 $736,900 $0 $0
2020 $22,158 $738,450 $163,500 $574,950
2015 -- $510,250 $0 $0
2014 -- $136,300 $0 $0
2011 -- $67,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240041397

Realcomp

APN: 22-32-376-041