NOT LISTED FOR SALE

5081 Commerce Rd Orchard Lake, MI 48324

Estimated Value: $2,091,000 - $4,877,000

4 Beds
4 Baths
2,500 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold August 14, 2012

Last sale price $940,000 $376 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $24,722/month

About This Home

As of August 2012

Orchard Lake front Prime Location ranch with w/ 350 Foot Private Driveway leads to Orchard Lake Front on 1.4 acre Site.100 Feet of Lake Frontage W/ Steel Seawall & Boardwalk deck. W/o LL opens to Expansive Lk Front. 4 bedrm,31/2 bath,1st fl laundry, newer stainless appliances. Fin w/o basement with kitchen and bath & 3 car att garage.Close to Orchard Lake Country Club, WB Schools. One month rent,11/2 month SD,application,credit report,proof of income.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Aug 13, 2012
Sold by
Frieda M Hartunian Revocable Living Trus and Hartunian Frieda M
Bought by
Shaffour Yousif Michael
Seller's Agent
Michelle Yurich
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Nadia Dalou
Max Broock Realtors
List Price
$999,995
Sold Price
$940,000
Premium/Discount to List
-$59,995
-6%
Current Estimated Value
$3,718,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,778,987
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Hartunian Gordon and Hartunian Frieda M
Bought by
Frieda M Hartunian Revocable Living Tr
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Shaffour Yousif Michael $940,000 None Available
Frieda M Hartunian Revocable Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffou Yousif M $1,575,000
Closed Shaffou Yousif M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2012 11/29/12 Rented $4,250 +6.3% --
11/29/2012 11/29/12 Under Contract -- -- --
09/19/2012 09/19/12 For Rent $4,000 0.0% --
08/14/2012 08/14/12 Sold $940,000 -6.0% $378 / Sq Ft
08/04/2012 08/04/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $999,995 -- $402 / Sq Ft

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 $47,097 $1,476,170 $0 $0
2023 $41,945 $1,308,620 $0 $0
2022 $32,631 $1,079,600 $0 $0
2021 $23,985 $763,270 $0 $0
2020 $13,202 $476,850 $0 $0
2019 $18,275 $640,150 $0 $0
2018 $17,819 $630,240 $0 $0
2017 $17,540 $624,970 $0 $0
2016 $17,645 $603,620 $0 $0
2015 -- $555,650 $0 $0
2014 -- $471,010 $0 $0
2011 -- $604,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nadia Dalou

    Seller's Agent in 2012

    Nadia Dalou

    Max Broock Realtors

    (248) 738-7100

    83 Total Sales

    Nadia Dalou
    Section Image
  • Michelle Yurich

    Seller's Agent in 2012

    Michelle Yurich

    @properties Christie's Int'l R.E. Birmingham

    (248) 346-6381

    3 in this area

    56 Total Sales

    Michelle Yurich
    Section Image

  • U

    Buyer's Agent in 2012

    Uschi Lohr

    Powell Real Estate

    (586) 246-3121

    17 Total Sales

    Section Image
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Map

Michigan Oakland County Orchard Lake

5081 Commerce Rd, Orchard Lake, MI

This home is located at 5081 Commerce Rd, Orchard Lake, MI 48324 and is currently estimated at $3,718,987, approximately $1,487 per square foot. 5081 Commerce Rd is a home located in Oakland County with nearby schools including Roosevelt Elementary School, Our Lady Of Refuge School, and The Susan And Rabbi Harold Loss Ecc.

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.

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