NOT LISTED FOR SALE

5091 Commerce Rd Orchard Lake, MI 48324

Estimated Value: $1,252,000 - $4,093,000

3 Beds
3 Baths
2,358 Sq Ft
$1,253/Sq Ft Est. Value

About This Home

This home is located at 5091 Commerce Rd, Orchard Lake, MI 48324 and is currently estimated at $2,955,514, approximately $1,253 per square foot. 5091 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2025
Sold by
Fernandez Eduardo B and Lazarus Lila B
Bought by
Eduardo Fernandez Revocable Trust and Lila B Lazarus Revocable Trust
Current Estimated Value
$2,809,078

Purchase Details

Closed on
Nov 10, 2014
Sold by
Fernandez Eduardo B and Eduardo Fernandez Revocable Tr
Bought by
Fernandez Eduardo and Lazarus Lila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
3.62%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 2013
Sold by
Fernandez Eduardo and Lazarus Lila B
Bought by
Fernandez Eduardo B and Eduardo Fernandez Revocable Trust

Purchase Details

Closed on
May 21, 2013
Sold by
Tufenkjian Nerses N and Tufenkjian Shakey Shirley
Bought by
Fernandez Eduardo and Lazarus Lila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2005
Sold by
Markey Peter S and Markey Christine
Bought by
Tufenkjian Nerses N and Tufenkjian Shakay Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 1999
Sold by
Markey Peter S
Bought by
Markey Peter S
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Eduardo Fernandez Revocable Trust -- None Listed On Document
Eduardo Fernandez Revocable Trust -- None Listed On Document
Fernandez Eduardo -- Greco Title Agency Llc
Fernandez Eduardo B -- None Available
Fernandez Eduardo $1,000,000 Twtc
Tufenkjian Nerses N -- Fidelity National Title
Markey Peter S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Eduardo $1,600,000
Previous Owner Fernandez Eduardo $100,000
Previous Owner Fernandez Eduardo $1,600,000
Previous Owner Fernandez Eduardo $365,500
Previous Owner Fernandez Eduardo $1,360,000
Previous Owner Fernandez Eduardo $300,000
Previous Owner Fernandez Eduardo $800,000
Previous Owner Tufenkjian Nerses N $900,000
Previous Owner Markey Peter S $565,000
Previous Owner Markey Peter S $250,000
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
2024 $33,867 $1,297,070 $0 $0
2023 $32,394 $1,198,230 $0 $0
2022 $26,111 $967,700 $0 $0
2021 $32,817 $1,090,530 $0 $0
2020 $31,173 $1,089,190 $0 $0
2019 $30,795 $1,020,000 $0 $0
2018 $30,130 $942,660 $0 $0
2017 $29,656 $923,080 $0 $0
2016 $29,544 $848,650 $0 $0
2015 -- $449,000 $0 $0
2014 -- $509,080 $0 $0
2011 -- $544,910 $0 $0
Source: Public Records

Map

Michigan Oakland County Orchard Lake

5091 Commerce Rd, Orchard Lake, MI

This home is located at 5091 Commerce Rd, Orchard Lake, MI 48324 and is currently estimated at $2,955,514, approximately $1,253 per square foot. 5091 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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