NOT LISTED FOR SALE

49797 Lantern Way Unit 88 Canton, MI 48188

Cherry Hill Neighborhood

Estimated Value: $456,929 - $502,000

3 Beds
2.5 Baths
1,803 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $416,685 $231 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,905/month

5 Days on Market

Highlights

  • New Construction
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Canton High School Rated A
  • Stainless Steel Appliances
  • Programmable Thermostat

About This Home

As of November 2022

This townhome boasts 1,970 square feet and includes 3 bedrooms, 2.5 bathrooms, and a 2-car, rear-load garage. The easy flow between the great room, kitchen, and nook on the second floor provide the perfect area for any gathering. Enjoy a beverage out on your balcony off of the dining nook. Finishing the second floor is a large kitchen pantry, a coat closet, and a powder room. Upstairs is your spacious owner’s suite, which includes an en-suite bathroom and a large walk-in closet! The third floor also includes 2 secondary bedrooms, a full bath, and a laundry room. Enjoy an added bonus room on the entry-level to create into the space your family needs!

Last Agent to Sell the Property

Scott Fader

M/I Homes of Michigan, LLC License #6502430975 Listed on: 04/27/2022

Last Buyer's Agent

Nicholas Tong

KW Realty Livingston License #6501421477

KW Realty Livingston

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $140 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,803 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Interior Basement Entry
  • Crawl Space
  • Basement Window Egress

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,313

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2022
  • State Equalized Value: 22500.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Programmable Thermostat, Carbon Monoxide Alarm(s), Cable Available, Egress Window(s)
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Interior Entry (Interior Access)
  • Kitchen Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1803
  • Total Sq Ft: 1803
  • Sq Ft Total Bsmt: 167

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: New Construction
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: ENERGY STAR® Qualified A/C Equipment
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Fee: 140
  • Association Fee: Yes

Schools

  • School District: Plymouth Canton

Tax Info

  • Tax Amount Summer: 816.0000
  • Tax Amount Winter: 497.0000
  • Total Tax: 1313.0000

MLS Schools

  • School District: Plymouth Canton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Nov 21, 2022
Sold by
M/I Homes Of Michigan Llc
Bought by
Zhang Fan and Yan Mengyao
Seller's Agent
Scott Fader
M/I Homes of Michigan, LLC
Buyer's Agent
Nicholas Tong
KW Realty Livingston
List Price
$416,685
Sold Price
$416,685
Views
1
Current Estimated Value
$475,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,797
Avg. Annual Appreciation
4.68%
Original Mortgage
$311,250
Outstanding Balance
$280,014
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$194,241
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
Zhang Fan $416,685 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Fan $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $416,685 0.0% $231 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $416,685 -- $231 / 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 $3,042 $198,200 $0 $0
2024 $3,042 $191,600 $0 $0
2023 $2,900 $160,600 $0 $0
2022 $0 $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Scott Fader

    M/I Homes of Michigan, LLC

    Section Image
  • Nicholas Tong

    Buyer's Agent in 2022

    Nicholas Tong

    KW Realty Livingston

    (586) 909-6125

    4 in this area

    170 Total Sales

    Nicholas Tong
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220030396

Realcomp

APN: 71-073-07-0171-000

Michigan Wayne County Canton Township Cherry Hill

49797 Lantern Way Unit 88, Canton Township, MI

This home is located at 49797 Lantern Way Unit 88, Canton, MI 48188 since 27 April 2022 and is currently estimated at $475,482, approximately $263 per square foot. This property was built in 2022. 49797 Lantern Way Unit 88 is a home located in Wayne County with nearby schools including Canton High School, Workman Elementary School, and Plymouth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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