NOT LISTED FOR SALE

5193 Ledgewood Dr Commerce Township, MI 48382

Estimated Value: $545,174 - $724,000

4 Beds
2.5 Baths
2,175 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $270,000 $124 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,561/month

251 Days on Market

Highlights

  • Water Views
  • Spa
  • Colonial Architecture
  • Dock Facilities
  • Lake Privileges
  • Deck

About This Home

As of April 2013

LAKE LIVING MUST SEE!!! THIS BEAUTIFUL 4BR HOME IS IMMACULATE INSIDE AND OUT WITH GORGEOUS LANDSCAPING! LOCATED IN LAKE SHERWOOD, ALL SPORTS LAKE COMMUNITY WITH FULL BOAT DOCKING & LAKE PRIVILEGES. MANY UPDATES DONE WITHIN THE LAST 3YRS INCLUDING HARDWOOD FLRS-CARPET-FINISHED BASEMENT-WINDOWS-ROOF. NEW THIS YR-HOT WATER HEATER-WATER SOFTNER SYSTEM-WELL TANK-SUMP PUMP-BUILT IN GENERATOR-APPLIANCES THAT WILL STAY!! 1ST FLR LAUNDRY-LIBRARY/BR, HOT TUB

Last Agent to Sell the Property

Melissa Paddock

Image Realty LLC License #6502363429 Listed on: 08/02/2012

Last Buyer's Agent

Donald Hennessy

Temporary Inactive Users License #RCO-6501351487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991 | Remodeled in 2010

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $24 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,175 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Spa
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1707228006

Community Details

Overview

  • Lake Sherwood Sub No 12 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,382

Year Built

Built in 1991 | Remodeled in 2010

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1991
  • Year Renovated: 2010
  • Accessibility Features: Disabled Access
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Spa/Hot-tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3230
  • Sq Ft Lower Floor: 1055
  • Total Sq Ft: 2175
  • Sq Ft Total Bsmt: 1055

Exterior Features

  • Waterfront Name: LAKE SHERWOOD
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting, Spa/Hot-tub
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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: 912581.0000
  • Lot Features: Corner Lot, Water View, Wooded
  • Lot Size Area: 0.31
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 1707228006

Tax Info

  • Tax Amount Summer: 2387.0000
  • Tax Amount Winter: 995.0000
  • Total Tax: 3382.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Boat Facilities

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2012
Closed on
Apr 8, 2013
Sold by
Richard Wayne
Bought by
Ihlenfeldt Gary E and Ihlenfeldt Dodie A
Seller's Agent
Melissa Paddock
Image Realty LLC
Buyer's Agent
Donald Hennessy
Temporary Inactive Users
List Price
$298,900
Sold Price
$270,000
Premium/Discount to List
-$28,900
-9.67%
Current Estimated Value
$601,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,294
Avg. Annual Appreciation
6.53%
Original Mortgage
$226,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Richard Myles W and Richard Terri L
Bought by
Richard Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,950
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 28, 1998
Sold by
Richard Myles W
Bought by
Richard Myles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.8%
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
Ihlenfeldt Gary E $270,000 None Available
Richard Wayne $25,000 Premiere Title Agency Inc
Richard Myles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ihlenfeldt Dodie A $350,000
Closed Ihlenfeldt Gary E $253,000
Closed Ihlenfeldt Gary E $252,750
Closed Ihlenfeldt Dodie A $19,000
Closed Ihlenfeldt Gary E $260,000
Closed Ihlenfeldt Dodie A $31,000
Closed Ihlenfeldt Gary E $226,250
Previous Owner Richard Wayne $283,561
Previous Owner Richard Wayne $28,950
Previous Owner Richard Wayne $232,000
Previous Owner Richard Myles W $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2013 04/10/13 Sold $270,000 -9.7% $124 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
08/02/2012 08/02/12 For Sale $298,900 -- $137 / 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 $2,942 $181,430 $0 $0
2023 $2,806 $174,200 $0 $0
2022 $4,116 $157,680 $0 $0
2021 $3,866 $150,140 $0 $0
2020 $2,536 $145,970 $0 $0
2019 $3,628 $140,730 $0 $0
2018 $3,540 $130,860 $0 $0
2017 $3,473 $130,860 $0 $0
2016 $3,423 $130,770 $0 $0
2015 -- $122,740 $0 $0
2014 -- $102,130 $0 $0
2011 -- $103,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212081086

Realcomp

APN: 17-07-228-006