5250 Lancaster Ln Commerce Township, MI 48382
Estimated Value: $490,000 - $641,000
4
Beds
3
Baths
2,600
Sq Ft
$217/Sq Ft
Est. Value
About This Home
This home is located at 5250 Lancaster Ln, Commerce Township, MI 48382 and is currently estimated at $563,000, approximately $216 per square foot. 5250 Lancaster Ln is a home located in Oakland County with nearby schools including Commerce Elementary School, Clifford H. Smart Middle School, and Walled Lake Northern High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2014
Sold by
Palechek Pamela J and Fiani Pamela J
Bought by
Pamela J Palechek Revocable Living Trust and Fiani Simon G
Current Estimated Value
Purchase Details
Closed on
Nov 3, 2010
Sold by
Palechek Pamela J
Bought by
Palechek Pamela J and Pamela J Palechek Revocable Living Trust
Purchase Details
Closed on
Oct 26, 2007
Sold by
Fiani Lana R and Fiani Simon G
Bought by
Palechek Pamela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$167,035
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,965
Purchase Details
Closed on
Jun 4, 2004
Sold by
Curtis Maureen C and Curtis Michael A
Bought by
Fiani Simon G and Fiani Lana R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pamela J Palechek Revocable Living Trust | -- | None Available | |
| Palechek Pamela J | -- | None Available | |
| Palechek Pamela J | $330,000 | Metropolitan Title Company | |
| Fiani Simon G | $350,000 | Blue Water Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palechek Pamela J | $264,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,902 | $239,420 | $0 | $0 |
| 2023 | $2,736 | $218,640 | $0 | $0 |
| 2022 | $4,497 | $208,770 | $0 | $0 |
| 2021 | $4,382 | $206,540 | $0 | $0 |
| 2020 | $2,704 | $199,870 | $0 | $0 |
| 2019 | $4,245 | $186,660 | $0 | $0 |
| 2018 | $4,184 | $180,930 | $0 | $0 |
| 2017 | $4,124 | $180,930 | $0 | $0 |
| 2016 | $4,105 | $170,780 | $0 | $0 |
| 2015 | -- | $158,340 | $0 | $0 |
| 2014 | -- | $148,310 | $0 | $0 |
| 2011 | -- | $106,360 | $0 | $0 |
Source: Public Records
Map
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