NOT LISTED FOR SALE

49077 Paloma Dr van Buren Township, MI 48111

Estimated Value: $521,591 - $581,000

4 Beds
3.5 Baths
2,847 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $455,000 $160 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,472/month

173 Days on Market

Highlights

  • Dock Facilities
  • Colonial Architecture
  • Stainless Steel Appliances
  • Lake Privileges
  • Deck
  • 3 Car Direct Access Garage

About This Home

As of March 2023

Welcome home to this stately colonial in the sought after Mission Pointe on the Lake subdivision. With lake access to Belleville Lake and community amenities such as food truck rallies, this home puts you in the heart of it all. With nearly 4500 square feet of finished space spread across the three levels as well as over $100,000 in upgraded features, this one has it all!
The first floor will greet you with soaring ceilings, a formal dining room and formal living room. An open concept family room/eat in kitchen makes entertaining a breeze and a generous sized walk in pantry means you will never run out of kitchen storage. Upstairs you will find 3 large secondary bedrooms and a primary suite that is over 500 sq ft in size including an expansive closet.
This showcase home has been upgraded to “weather the storm” with a 20KVA whole house generator, a 6.27KW Solar system with upgraded battery (total cost of system is over $45,000) meaning utilities are extremely low. You will also find a whole house reverse osmosis filter for water, a new roof in 2017, significantly increased attic insulation, security cameras and a brand new front door.
While you tally all of the money you are saving on utility bills, you can relax in the new 6 person hot tub located on the rear deck or take some relaxation in the finished basement that holds an infrared dry sauna or the high end steam shower in the full bath (over $30,000 upgrade). This home truly is a one of a kind and has it all!

Last Agent to Sell the Property

Justin Woodbeck

Thrive Realty Company License #6502401521 Listed on: 08/05/2022

Last Buyer's Agent

Rodney Gammon

KW Metro License #6501334660

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80.00 x 43.30
  • Sprinkler System

HOA Fees

  • $31 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,847 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 83079030039000
  • $5,000 Seller Concession

Community Details

Overview

  • Mission Pointe On The Lakes Subdivision Association, Phone Number (248) 608-1780
  • Mission Pointe On The Lake Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,606

Year Built

Built in 2005

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 99.00
  • Year Built: 2005
  • State Equalized Value: 182700.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Egress Window(s)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Interior Entry
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 4047
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2847
  • Sq Ft Total Bsmt: 1377

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Belleville Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Whole House Generator, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-608-1780/fdbohn@sbcglobal.net
  • Association Fee: 368
  • Association Contact: Mission Pointe on the Lakes Subdivision
  • Association Fee: Yes

Schools

  • School District: Van Buren

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.24
  • Lot Dimensions: 80.00 x 43.30
  • Parcel Number: 83079030039000

Tax Info

  • Tax Amount Summer: 2337.0000
  • Tax Amount Winter: 2269.0000
  • Total Tax: 4606.0000
  • Taxable Value: 124701.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Van Buren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Mar 3, 2023
Sold by
Spearman Phillip M and Spearman Delores F
Bought by
Anderson Christopher
Seller's Agent
Justin Woodbeck
Thrive Realty Company
Buyer's Agent
Rodney Gammon
KW Metro
List Price
$470,000
Sold Price
$455,000
Premium/Discount to List
-$15,000
-3.19%
Views
185
Current Estimated Value
$563,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,115
Avg. Annual Appreciation
8.96%
Original Mortgage
$455,000
Outstanding Balance
$437,938
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$124,468

Purchase Details

Closed on
Jun 18, 2018
Sold by
Spearman Phillip and Spearman Delores
Bought by
Spearman Phillip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
F J Pinehollow Inc
Bought by
Spearman Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,498
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2004
Sold by
Pinehollow Commons Llc
Bought by
F J Pinehollow Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,375
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2004
Sold by
Elro Corp
Bought by
Pinehollow Commons Llc and Gerald Roux Homes Inc

Purchase Details

Closed on
Mar 9, 2004
Sold by
Gerald Roux Homes Inc
Bought by
F J Pinehollow Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,375
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Anderson Christopher $455,000 --
Spearman Phillip M -- None Available
Spearman Phillip -- Multiple
F J Pinehollow Inc -- Multiple
Pinehollow Commons Llc $86,000 Greco
F J Pinehollow Inc -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Christopher $455,000
Previous Owner Spearman Phillip $323,400
Previous Owner Spearman Phillip $319,750
Previous Owner Spearman Phillip $309,400
Previous Owner Spearman Phillip $30,498
Previous Owner F J Pinehollow Inc $369,375
Previous Owner F J Pinehollow Inc $369,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $455,000 -3.2% $160 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $470,000 0.0% $165 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $470,000 -5.1% $165 / Sq Ft
09/12/2022 09/12/22 Price Changed $495,000 -1.0% $174 / Sq Ft
08/05/2022 08/05/22 For Sale $500,000 -- $176 / 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 $4,475 $229,700 $0 $0
2024 $4,475 $220,000 $0 $0
2023 $2,786 $207,800 $0 $0
2022 $4,687 $193,100 $0 $0
2021 $4,606 $182,700 $0 $0
2020 $4,547 $161,200 $0 $0
2019 $4,464 $155,900 $0 $0
2018 $2,212 $150,700 $0 $0
2017 $4,302 $150,900 $0 $0
2016 $3,831 $155,700 $0 $0
2015 $11,406 $140,600 $0 $0
2013 $11,050 $110,500 $0 $0
2010 -- $116,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221025919

Realcomp

APN: 83-079-03-0039-000