NOT LISTED FOR SALE

490 Cherry Tree Ln Rochester Hills, MI 48306

Estimated Value: $710,000 - $800,000

4 Beds
2 Baths
3,492 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $350,000 $100 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,821/month

45 Days on Market

About This Home

As of March 2014

Beautiful colonial with over 3500 square feet of living space. Home features 4 bedrooms, 2 and a half bathrooms, a full basement, a 3 car garage and a deck. Buyer to pay a $295.00 compliance fee to listing broker.

Last Agent to Sell the Property

Jason Megie

Realty Executives Preferred, L License #MISPE-6501315913 Listed on: 01/10/2014

Last Buyer's Agent

Mary Yovich

Realty Executives Preferred, L License #MISPE-6502364416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1992

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 148x149

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,492 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 1503130004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,289

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 2 Story
  • Year Built: 1992
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Kitchen: On Entry Level, Dimensions: 12 x 15
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3492
  • Total Finished Sq Ft: 3492

Exterior Features

  • Exterior: Brick
  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 3
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating Fuel: Wood
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 1503130004
  • Lot Dimensions: 148x149
  • Acreage: 0.51
  • Map Side Numeric: 13
  • Map Top Alpha: AD
  • Geo Subdivision: MI

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2014
Closed on
Mar 31, 2014
Sold by
Daniels Gwendolyn Annette
Bought by
Daniels Lawrence and Daniels Gwendolyn Annette
Seller's Agent
Jason Megie
Realty Executives Preferred, L
Buyer's Agent
Mary Yovich
Realty Executives Preferred, L
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Current Estimated Value
$767,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,041
Avg. Annual Appreciation
7.01%
Original Mortgage
$250,000
Outstanding Balance
$189,994
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$577,047

Purchase Details

Listed on
Jan 10, 2014
Closed on
Mar 19, 2014
Sold by
Blue Mountain Homes Llc
Bought by
Daniels Gwendolyn Annette
Seller's Agent
Jason Megie
Realty Executives Preferred, L
Buyer's Agent
Mary Yovich
Realty Executives Preferred, L
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$189,994
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$577,047

Purchase Details

Closed on
Aug 23, 2011
Sold by
Brown Jacqueline E and Mortgage Electronic Registrati
Bought by
Bank Of America N A

Purchase Details

Closed on
Oct 20, 2005
Sold by
Ham Suncha and Kim Kilyong
Bought by
Brown Jacqueline E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 30, 2004
Sold by
Citizens Bank and Blackman Steven M
Bought by
Ham Suncha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2004
Sold by
Stephens Gregory B and Stephens Janis
Bought by
Citizens Bank

Purchase Details

Closed on
Nov 15, 2000
Sold by
Poisson Glenn R
Bought by
Stephens Gregory B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.91%
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
Daniels Lawrence -- None Available
Daniels Gwendolyn Annette $350,000 Ticor Title Company
Bank Of America N A $773,633 None Available
Brown Jacqueline E $625,000 Great Lakes Title
Ham Suncha $450,000 Great Lakes Title Michigan
Citizens Bank $150,901 --
Stephens Gregory B $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Gwendolyn Annette $250,000
Previous Owner Brown Jacqueline E $125,000
Previous Owner Brown Jacqueline E $500,000
Previous Owner Ham Suncha $90,000
Previous Owner Ham Suncha $360,000
Previous Owner Stephens Gregory B $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $350,000 -5.4% $100 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $369,900 -- $106 / 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
2022 $4,289 $263,830 $0 $0
2018 $7,390 $239,350 $0 $0
2017 $7,741 $229,890 $0 $0
2015 -- $214,250 $0 $0
2014 -- $213,320 $0 $0
2011 -- $202,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31178347

Michigan Multiple Listing Service

APN: 15-03-130-004