NOT LISTED FOR SALE

4961 Surfwood Dr Commerce Township, MI 48382

Estimated Value: $723,000 - $943,000

4 Beds
3.5 Baths
2,224 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $565,000 $254 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,276/month

91 Days on Market

Highlights

  • 163 Feet of Waterfront
  • Deck
  • Ranch Style House
  • Dock Facilities
  • Wood Burning Stove
  • Covered Patio or Porch

About This Home

As of September 2022

Welcome to Lake Sherwood, an all-sports lake w/ 258 acres of main lake & canal areas. Largemouth bass, Northern pike, & walleye are most popular fish species caught here. This spacious 4 BR & 3.5 bath 2224 sq ft ranch was built to highlight the majestic views of the lake, fr all angles. See the sunrise fr the breakfast nook & view the sunset by the back deck. Get cozy during the Winter w/ a total of 3 fireplaces, equally dispersed in the living, rec, & 3 season rm. Enjoy afternoon tea in the whimsical gazebo. Or throw a 4th of July party at the huge back deck, guaranteed to have prime view of Lake Sherwood's legendary fireworks display. Finished ~1700 sq ft walk-out basement w/ 4th BR & 2nd kitchen. Hoist & dock w/ private deck on 163 ft of gorgeous MAIN LAKE water frontage. Extra privacy by having only 1 house to the right. 7 min fr fun-filled Downtown Milford & 20 min fr 12 Oaks Mall. Award-winning Huron Valley Schools. Agent related to seller. Ask agent for exclusions.

Last Agent to Sell the Property

Fritzie Funni

KW Showcase Realty License #6501431556 Listed on: 05/13/2022

KW Showcase Realty

Last Buyer's Agent

James Altene

Keller Williams Premier License #6506046918

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 144.00x149.00
  • 163 Feet of Waterfront
  • Lake Front
  • Irregular Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,224 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Attic Fan
  • Dryer

Kitchen

  • Double Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Dock Facilities
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Location

  • Ground Level

Utilities

  • Central Air
  • Dehumidifier
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1707201015

Community Details

Overview

  • Sharon Sarkisian Association, Phone Number (248) 514-8008
  • Lake Sherwood Sub No 1 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,348

Year Built

Built in 1978

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 220.63
  • Year Built: 1978
  • State Equalized Value: 336970.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, De-Humidifier, High Spd Internet Avail, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural, Wood Stove
  • Fireplace Locations: Basement, Living Room
  • Room Count: 18
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access, Walk-Up Access
  • Kitchen Appliances: Water Purifier Owned, Dishwasher, Double Oven, Dryer, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3924
  • Sq Ft Lower Floor: 1700
  • Total Sq Ft: 2224
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE SHERWOOD
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Whole House Generator, Lighting, Gazebo
  • Foundation Materials: Block
  • Frontage Feet: 31
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 163.00
  • Waterfront Description: Lake Front, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Direct Access, Attached, Basement Access
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Wall/Floor Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds
  • Association Fee Frequency: Annually
  • Phone: 2485148008
  • Association Fee: 400
  • Association Contact: Sharon Sarkisian
  • Association Fee: Yes

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • Lot Features: Irregular, Water View
  • Lot Size Area: 0.30
  • Lot Dimensions: 144.00X149.00
  • Parcel Number: 1707201015

Tax Info

  • Tax Amount Summer: 5082.0000
  • Tax Amount Winter: 2266.0000
  • Total Tax: 7348.0000
  • Taxable Value: 224690.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Sep 23, 2022
Sold by
Soest Elaine L
Bought by
Badger Ronald J and Badger Suzanne J
Seller's Agent
Fritzie Funni
KW Showcase Realty
Buyer's Agent
James Altene
Keller Williams Premier
List Price
$760,000
Sold Price
$565,000
Premium/Discount to List
-$195,000
-25.66%
Views
7
Current Estimated Value
$838,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,150
Avg. Annual Appreciation
12.70%
Original Mortgage
$395,500
Outstanding Balance
$381,734
Interest Rate
5.55%
Mortgage Type
Balloon
Estimated Equity
$420,333
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
Badger Ronald J $565,000 Cislo Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badger Ronald J $395,500
Previous Owner Soest Elaine L $149,500
Previous Owner Soest Elaine L $204,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $565,000 -3.4% $254 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $585,000 -14.6% $263 / Sq Ft
07/18/2022 07/18/22 Price Changed $685,000 -9.9% $308 / Sq Ft
05/13/2022 05/13/22 For Sale $760,000 -- $342 / 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
2024 $8,125 $386,710 $0 $0
2023 $7,750 $344,250 $0 $0
2022 $7,831 $335,870 $0 $0
2021 $7,348 $336,970 $0 $0
2020 $5,024 $323,260 $0 $0
2019 $6,983 $307,870 $0 $0
2018 $6,823 $279,400 $0 $0
2017 $6,692 $279,400 $0 $0
2016 $6,596 $266,240 $0 $0
2015 -- $265,260 $0 $0
2014 -- $234,190 $0 $0
2011 -- $192,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220030597

Realcomp

APN: 17-07-201-015