NOT LISTED FOR SALE

50650 Corporate Dr Shelby Township, MI 48315

Estimated Value: $2,254,494

-- Bed
-- Bath
18,000 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 50650 Corporate Dr, Shelby Township, MI 48315 and is currently estimated at $2,254,494, approximately $125 per square foot. 50650 Corporate Dr is a home located in Macomb County with nearby schools including Issac Monfort Elementary School, Shelby Junior High School, and Utica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Sadier Shelby Llc
Bought by
Corporate Shelby Llc
Current Estimated Value
$2,254,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$715,680
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,523,358

Purchase Details

Closed on
Jul 2, 2020
Sold by
North Star Realty Investments Inc
Bought by
Sadier Shelby Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$715,680
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,523,358

Purchase Details

Closed on
Dec 7, 1994
Sold by
Kemp & Sherman Co
Bought by
Orsco Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Corporate Shelby Llc $1,600,000 Devon Title Agency
Sadier Shelby Llc $1,600,000 None Available
Orsco Inc $830,028 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corporate Shelby Llc $800,000
Previous Owner North Star Realty Investments Inc $675,000
Previous Owner Orsco Inc $75,000,000
Source: Public Records

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 $35,111 $879,400 $0 $0
2024 $19,590 $813,000 $0 $0
2023 $20,854 $781,500 $0 $0
2022 $30,895 $652,300 $0 $0
2021 $30,106 $630,700 $0 $0
2020 $11,442 $629,500 $0 $0
2019 $19,409 $586,800 $0 $0
2018 $19,041 $528,400 $0 $0
2017 $18,893 $450,100 $62,300 $387,800
2016 $18,797 $450,100 $0 $0
2015 $18,588 $400,950 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Map

Michigan Macomb County Shelby Township 48315

50650 Corporate Dr, Shelby Township, MI

This home is located at 50650 Corporate Dr, Shelby Township, MI 48315 and is currently estimated at $2,254,494, approximately $125 per square foot. 50650 Corporate Dr is a home located in Macomb County with nearby schools including Issac Monfort Elementary School, Shelby Junior High School, and Utica High School.

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