$940,000
SOLD AUG 14, 2012

5081 Commerce Rd Orchard Lake, MI 48324

4 Beds
3.5 Baths
2,488 Sq Ft
1.4 Acres

Recently Sold

$378 Per Sq Ft

6% Below List Price

29 Days on Market

Highlights

  • Lake Front
  • 1.4 Acre Lot
  • Ranch Style House
  • Roosevelt Elementary School Rated A-
  • Deck
  • Balcony

About This Home

As of August 2012

Build your Dream Home or Update . Orchard Lake Prime Location 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. Set High w/ Incredible Southern Exposure Full View of Lake. Walkout LL opens to Expansive Lake Front. 4 bed Home Lower Level Kitchen. Prestigious Orchard Lake Property for under 1M. Close to Orchard Lake Country Club, West Bloomfield Schools.

Last Agent to Sell the Property

Michelle Yurich

@properties Christie's Int'l R.E. Birmingham License #6501240581 Listed on: 07/06/2012

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

Last Buyer's Agent

Nadia Dalou

Max Broock Realtors License #6501293425

Max Broock Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 100x107x664x622
  • Lake Front

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 2,488 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1809276012

Community Details

Overview

  • Property is near a ravine

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1968
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Central Vacuum, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3920
  • Sq Ft Lower Floor: 1432
  • Total Sq Ft: 2488

Exterior Features

  • Waterfront Name: ORCHARD LAKE
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Exterior Features: Lighting
  • Frontage Feet: 100
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 100
  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • List Price per Acre: 714282.0000
  • Lot Features: Hilly-Ravine, Water View, Vacation Home
  • Lot Size Area: 1.40
  • Lot Dimensions: 100X107X664X622
  • Parcel Number: 1809276012

Tax Info

  • Tax Amount Summer: 26071.0000
  • Tax Amount Winter: 520.0000
  • Total Tax: 26591.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: West Bloomfield

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
$3,653,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,713,697
Avg. Annual Appreciation
11.18%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $940,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,575,000 Construction
Closed $417,000 Adjustable Rate Mortgage/ARM
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
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 $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

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Map

Source: Realcomp

MLS Number: 212069243

Realcomp

APN: 18-09-276-012