NOT LISTED FOR SALE

49509 Lantern Way Canton, MI 48188

Estimated Value: $384,335 - $408,000

2 Beds
2.5 Baths
1,875 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $269,900 $144 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,463/month

91 Days on Market

Highlights

  • New Construction
  • Brownstone
  • 2 Car Direct Access Garage
  • Canton High School Rated A
  • Ground Level Unit
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

New construction at Cherry Hill Village. This is the very versatile Harper floor plan. 2 bedrooms with an additional bonus room to use as a Study/office , second living space or exercise room you choose! Open concept main living area with large kitchen with granite counters and 2 pantries. Clean white cabinets and contrasting wood floors complete this area. Lots of architectural features including a bay window in your living and master bedroom plus a tray ceiling in your master bedroom. Each bedroom is an en suite with large walk in closets and ceramic bathrooms that have granite counters. Bonus! Laundry on the 3rd floor so convenient!!!! All this and a 2 car attached garage that has power and a hose bib. Private entrance and 2 pets are allowed. 20 minutes to downtown Ann Arbor and Metro Airport. A quick 5 minute walk to downtown Cherry Hill Village. Immediate occupancy

Last Agent to Sell the Property

Scott Fader

M/I Homes of Michigan, LLC License #6502430975 Listed on: 07/13/2020

Last Buyer's Agent

Scott Fader

M/I Homes of Michigan, LLC License #RCO-6502430975

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2020 | New Construction

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 3-Story Property

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 71073070043000

Community Details

Overview

  • Wayne County Condo Sub Plan No 1106 Aka The Towns At Cherry Hill Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,313

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Brownstone, Townhouse
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2020
  • State Equalized Value: 22500.0000
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK | Dogs OK | Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Humidifier
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Free-Standing Gas Oven, Vented Exhaust Fan
  • Total Sq Ft: 1875

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Composition
  • Construction Features: New Construction, Quick Delivery Home
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: 170
  • Association Fee: Yes

Lot Info

  • Parcel Number: 71073070043000

Tax Info

  • Tax Amount Summer: 816.0000
  • Tax Amount Winter: 497.0000
  • Total Tax: 1313.0000
  • Taxable Value: 22500.0000

MLS Schools

  • School District: Plymouth Canton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 20, 2020
Sold by
M I Michigan Llc
Bought by
Kailasam Monisha and Ponnuru Rammohan
Seller's Agent
Scott Fader
M/I Homes of Michigan, LLC
Buyer's Agent
Scott Fader
M/I Homes of Michigan, LLC
List Price
$332,195
Sold Price
$269,900
Premium/Discount to List
-$62,295
-18.75%
Current Estimated Value
$395,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,184
Avg. Annual Appreciation
8.02%
Original Mortgage
$256,405
Outstanding Balance
$228,164
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,920
Source: Public Records

Range of Values:

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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
Kailasam Monisha $269,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kailasam Monisha $256,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $269,900 0.0% $144 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $269,900 -1.8% $144 / Sq Ft
10/08/2020 10/08/20 Price Changed $274,900 -1.8% $147 / Sq Ft
10/02/2020 10/02/20 Price Changed $279,900 -6.7% $149 / Sq Ft
09/24/2020 09/24/20 Price Changed $299,900 -8.9% $160 / Sq Ft
09/21/2020 09/21/20 Price Changed $329,195 -0.9% $176 / Sq Ft
07/13/2020 07/13/20 For Sale $332,195 -- $177 / 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 $2,648 $172,800 $0 $0
2024 $2,648 $166,100 $0 $0
2023 $2,525 $139,800 $0 $0
2022 $5,498 $133,300 $0 $0
2021 $5,686 $137,800 $0 $0
2020 $4,439 $88,000 $0 $0
2019 $1,313 $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Scott Fader

    M/I Homes of Michigan, LLC

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Map

Source: Realcomp

MLS Number: 2200053996

Realcomp

APN: 71-073-07-0043-000

Michigan Wayne County Canton Township

49509 Lantern Way, Canton Township, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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