NOT LISTED FOR SALE

5024 Forest Valley Dr Independence, MI 48348

Estimated Value: $860,069 - $972,000

4 Beds
3.5 Baths
2,900 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2018

Last sale price $600,000 $207 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,668 / mo

Highlights

  • Built in 2018 | Newly Remodeled
  • Lake Privileges
  • Wooded Lot
  • 1.52 Acre Lot
  • Colonial Architecture
  • Covered Patio or Porch

About This Home

As of May 2018

List and sold same day

Last Agent to Sell the Property

Pam Ford Morgan

@properties Christie's Int'l R E Clarkston License #6501205596 Listed on: 04/15/2018

Last Buyer's Agent

Pamela Ford

Morgan Milzow & Ford, REALTORS® License #RCO-6501205596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 270x329x183x276
  • Wooded Lot

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap

Interior Spaces

  • 2,900 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0814226007

Community Details

Overview

  • Hilltop Estates No 2 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 2018 | Newly Remodeled

Lot Details

1.52 Acres

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Year Built: 2018
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Total Sq Ft: 2900

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Deer Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Construction Features: New Construction
  • Exterior Features: Chimney Cap(s)
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 225
  • Association Fee: Yes

Lot Info

  • List Price per Acre: 394736.8421
  • Lot Features: Wooded
  • Lot Size Area: 1.52
  • Lot Dimensions: 270X329X183X276
  • Parcel Number: 0814226007

Tax Info

  • Tax Amount Summer: 338.0000
  • Tax Amount Winter: 82.0000
  • Total Tax: 420.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Clarkston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Smith Chad F and Smith Jamie L
Bought by
Smith Revocable Trust and Smith
Current Estimated Value
$893,267

Purchase Details

Listed on
Apr 15, 2018
Closed on
May 9, 2018
Sold by
P E G Construction Co
Bought by
Smith Chad F and Smith Jsmie L
Seller's Agent
Pam Ford Morgan
@properties Christie's Int'l R E Clarkston
Buyer's Agent
Pamela Ford
Morgan Milzow & Ford, REALTORS®
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$453,100
Interest Rate
4.44%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Revocable Trust -- None Listed On Document
Smith Chad F $90,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Chad F $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $600,000 0.0% $207 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/15/2018 04/15/18 For Sale $600,000 -- $207 / Sq Ft
Source: Realcomp

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 $10,955 $444,800 $55,700 $389,100
2024 $7,274 $427,300 $46,500 $380,800
2023 $9,807 $369,700 $42,800 $326,900
2022 $9,810 $312,700 $42,800 $269,900
2021 $9,812 $295,800 $42,700 $253,100
2020 $6,748 $310,000 $41,800 $268,200
2018 $450 $41,400 $41,400 $0
2015 -- $35,100 $0 $0
2014 -- $34,500 $0 $0
2011 -- $45,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Ford Morgan

    Seller's Agent in 2018

    Pam Ford Morgan

    @properties Christie's Int'l R E Clarkston

    (248) 760-2827

    48 in this area

    107 Total Sales

    Pam Ford Morgan
    Section Image

  • P

    Buyer's Agent in 2018

    Pamela Ford

    Morgan Milzow & Ford, REALTORS®

    (248) 760-2827

    10 in this area

    22 Total Sales

    Pamela Ford
    Section Image
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Map

Source: Realcomp

MLS Number: 218031141

Realcomp

APN: 08-14-226-007

Michigan Oakland County

5024 Forest Valley Dr, MI

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 2026 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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