NOT LISTED FOR SALE

5050 Sheldon Rd Rochester, MI 48306

Estimated Value: $1,334,681 - $1,730,000

18.36 Acres
$81,076 Price per Acre
799,762 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $1,200,000

Est. 24% increase in value since last sale

Current estimated payment $8,477/month

172 Days on Market

About This Lot

As of June 2021

Sprawling land with great residential potential with over 18 acres of land. A dream for anyone looking for privacy and nature! The land is located next to Stoney
Creek Metropark & Stoney Creek Golf Course and only a short drive into town. The property is zoned VLRD Very Low Residential Density. The raw density for this zone is 2.3 acres per lot.

Last Agent to Sell the Property

Marisa Thomas

DOBI Real Estate License #6501419890 Listed on: 12/04/2020

DOBI Real Estate

Last Buyer's Agent

Hank Mendez

Real Estate One-Shelby License #6501253714

Real Estate One-Shelby

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 18.36 Acre Lot
  • Lot Dimensions are 615x1290

Listing and Financial Details

  • Assessor Parcel Number 1035126007

Property Details

Property Type

Land

Est. Annual Taxes

$9,930

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 224180.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 615
  • Road Frontage Type: Gravel

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Schools

  • School District: Rochester

Lot Info

  • List Price per Acre: 54460.7800
  • Lot Size Area: 18.36
  • Lot Dimensions: 615X1290
  • Parcel Number: 1035126007
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 5885.0000
  • Tax Amount Winter: 4045.0000
  • Total Tax: 9930.0000
  • Taxable Value: 224180.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Di Empire Living Trust
Bought by
Wjs Development Llc and Team Deyonker Llc
Current Estimated Value
$1,488,560

Purchase Details

Closed on
Mar 4, 2022
Sold by
Vince Riggio
Bought by
Drt Security Llc

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jun 25, 2021
Sold by
Riggio Vince
Bought by
Vesprini Eric
Seller's Agent
Marisa Thomas
DOBI Real Estate
Buyer's Agent
Hank Mendez
Real Estate One-Shelby
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 15, 2014
Sold by
Hanover Construction Inc and Zimmerman David J
Bought by
Riggio Vince
Seller's Agent
Wynne Achatz
Real Estate One Westrick
Buyer's Agent
Jeffrey Llaneza
Capital Real Estate Group, LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wjs Development Llc -- None Listed On Document
Drt Security Llc -- None Listed On Document
Vesprini Eric -- None Available
Riggio Vince $650,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vesprini Eric $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $1,200,000 +20.0% --
05/26/2021 05/26/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $999,900 -9.0% --
12/04/2020 12/04/20 For Sale $1,099,000 +69.1% --
08/15/2014 08/15/14 Sold $650,000 -6.5% -- View Prior Sale
08/08/2014 08/08/14 Pending -- -- --
06/27/2013 06/27/13 For Sale $695,000 -- --
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 $6,927 $276,220 $0 $0
2023 $6,337 $251,110 $0 $0
2022 $10,341 $239,150 $0 $0
2021 $9,617 $239,150 $0 $0
2020 $5,885 $224,180 $0 $0
2019 $9,980 $224,180 $0 $0
2018 $10,145 $224,180 $0 $0
2017 $10,178 $224,180 $0 $0
2016 $10,201 $224,180 $0 $0
2015 -- $224,180 $0 $0
2014 -- $133,880 $0 $0
2011 -- $133,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marisa Thomas

    Seller's Agent in 2021

    Marisa Thomas

    DOBI Real Estate

    (248) 320-7878

    1 in this area

    134 Total Sales

    Marisa Thomas
    Section Image

  • H

    Buyer's Agent in 2021

    Hank Mendez

    Real Estate One

    Section Image
  • Wynne Achatz

    Seller's Agent in 2014

    Wynne Achatz

    Real Estate One Westrick

    (586) 260-7653

    202 Total Sales

    Wynne Achatz
    Section Image

  • J

    Buyer's Agent in 2014

    Jeffrey Llaneza

    Capital Real Estate Group, LLC

See All Agents

Map

Source: Realcomp

MLS Number: 2200097878

Realcomp

APN: 10-35-126-007

Michigan Oakland County Rochester 48306

5050 Sheldon Rd, Rochester, MI

This home is located at 5050 Sheldon Rd, Rochester, MI 48306 since 04 December 2020 and is currently estimated at $1,488,560. 5050 Sheldon Rd is a home located in Oakland County with nearby schools including Hugger Elementary School, Hart Middle School, and Stoney Creek 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

Nearby Homes