NOT LISTED FOR SALE

5080 Wavewood Dr Commerce Township, MI 48382

Estimated Value: $879,000 - $1,625,911

4 Beds
3 Baths
2,064 Sq Ft
$632/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $400,000 $194 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $9,006/month

67 Days on Market

Highlights

  • Home fronts a canal
  • Covered Patio or Porch
  • Bar Fridge
  • Deck
  • Balcony
  • 2 Car Attached Garage

About This Home

As of August 2014

Incredible opportunity in this large 4 bed / 3 bath All Sports Lake Sherwood Home. Gorgeous large lot wtih beautiful views.
Family Room with Fireplace, office, lake side sun porch, deck off master Bedroom and master bath. Big yard with beach and dock.
All measurements are approximate. Trustee Sale

Last Agent to Sell the Property

Elizabeth Krafchak

Transnet Real Estate LLC License #6501347147 Listed on: 04/14/2014

Last Buyer's Agent

Elizabeth Krafchak

Transnet Real Estate LLC License #RCO-6501347147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 155x150x50x117
  • Home fronts a canal
  • Irregular Lot

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Quad-Level Property
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Sewer in Street
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1707227001

Community Details

Overview

  • Trentwood Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,269

Year Built

Built in 1969

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • Architecture Level: Quad-Level
  • Assessment: 185.72
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2064
  • Total Sq Ft: 2064
  • Sq Ft Total Bsmt: 648

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Sherwood
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Satellite Dish
  • Foundation Materials: Block
  • Frontage Feet: 155
  • Porch Type: Balcony, Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Waterfront Description: Canal Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 285
  • Association Fee: No

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • List Price per Acre: 674603.1746
  • Lot Features: Irregular
  • Lot Size Area: 0.63
  • Lot Dimensions: 155x150x50x117
  • Parcel Number: 1707227001

Tax Info

  • Tax Amount Summer: 3756.0000
  • Tax Amount Winter: 1513.0000
  • Total Tax: 5269.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Aug 8, 2014
Sold by
The Bjerser Revocable Trust
Bought by
Day Patrick E and Day Megan L
Seller's Agent
Elizabeth Krafchak
Transnet Real Estate LLC
Buyer's Agent
Elizabeth Krafchak
Transnet Real Estate LLC
List Price
$459,000
Sold Price
$400,000
Premium/Discount to List
-$59,000
-12.85%
Current Estimated Value
$1,304,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,728
Avg. Annual Appreciation
10.52%
Original Mortgage
$250,000
Outstanding Balance
$193,379
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$1,020,994
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
Day Patrick E $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Patrick E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $400,000 -12.9% $194 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $459,000 -- $222 / 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 $24,358 $657,590 $0 $0
2023 $23,287 $574,800 $0 $0
2022 $35,561 $702,550 $0 $0
2021 $14,069 $297,920 $0 $0
2020 $8,300 $232,910 $0 $0
2019 $6,533 $219,350 $0 $0
2018 $6,383 $206,520 $0 $0
2017 $6,260 $206,520 $0 $0
2016 $6,170 $196,130 $0 $0
2015 -- $191,900 $0 $0
2014 -- $167,280 $0 $0
2011 -- $157,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214032097

Realcomp

APN: 17-07-227-001