NOT LISTED FOR SALE

5331 Lancaster Ln Commerce Township, MI 48382

Estimated Value: $490,000 - $660,000

4 Beds
2.5 Baths
2,641 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $389,000 $147 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,349/month

5 Days on Market

Highlights

  • Lake Privileges
  • Colonial Architecture
  • Gazebo
  • Commerce Elementary School Rated A
  • Covered Patio or Porch
  • 2 Car Direct Access Garage

About This Home

As of August 2019

THERE IS SO MUCH TO LOVE ABOUT THIS HOME: THE NEW KITCHEN, GORGEOUS HARDWOOD FLOORS AND A HUGE FAMILY ROOM JUST TO NAME A FEW. The Kitchen was newly remodeled last year & is absolutely perfect. From the quartzite counters to the all new stainless steel appliances, the large center island and the tile back splash all make this a room you & your guests will thoroughly enjoy. This sharp Commerce Twp home is in the Award Winning Walled Lake School District and offers 2641 square feet of finished living space, 4 bedrooms, 2 1/2 baths and a partially finished basement for great storage & or extra living space. All of the bedrooms are large & comfortable. The outdoor living space is accented with a nice brick paver patio, an electric awning for great shade while eating and mature landscaping for added privacy. The neighborhood has a common area where you can drop in a kayak or a canoe & enjoy spending the day exploring up and down the river. Make an appointment today to see this Beauty!

Last Agent to Sell the Property

Tom Gaunt

KW Showcase Realty License #6501387074 Listed on: 06/28/2019

KW Showcase Realty

Co-Listed By

Rick Barren

KW Showcase Realty License #6501395127

Last Buyer's Agent

Steve Stockton

KW Showcase Realty License #RCO-6501145669

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000 | Remodeled in 2018

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 70x215x70x215
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 2,641 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Family Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Up Access
  • Interior Basement Entry
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1703451067

Community Details

Overview

  • Theron Barr Association
  • Cross Creek Of Commerce Subdivision
  • On-Site Maintenance

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,423

Year Built

Built in 2000 | Remodeled in 2018

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 195.26
  • Year Built: 2000
  • Year Renovated: 2018
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Dual-Flush Toilet(s), High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2941
  • Sq Ft Lower Floor: 300
  • Total Sq Ft: 2641
  • Sq Ft Total Bsmt: 1393

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Fox Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl, Wood
  • Exterior Features: Awning/Overhang(s), Chimney Cap(s), Gazebo, Grounds Maintenance, Lighting, Satellite Dish
  • Foundation Materials: Poured
  • Frontage Feet: 70
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: te.barr@yahoo.com
  • Association Fee: 200
  • Association Contact: Theron Barr
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1111428.5714
  • Lot Features: Level
  • Lot Size Area: 0.35
  • Lot Dimensions: 70x215x70x215
  • Parcel Number: 1703451067

Tax Info

  • Tax Amount Summer: 2323.0000
  • Tax Amount Winter: 1100.0000
  • Total Tax: 3423.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 16, 2019
Sold by
Linen George F and Linen Deborah L
Bought by
Young John R
Seller's Agent
Tom Gaunt
KW Showcase Realty
Buyer's Agent
Steve Stockton
KW Showcase Realty
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$565,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,832
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
May 14, 2007
Sold by
Guerra Ruben and Guerra Teresa
Bought by
Linen George F and Linen Deborah L

Purchase Details

Closed on
Jul 25, 2001
Sold by
Hometowne Building Co
Bought by
Guerra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 10, 2000
Sold by
E R Thomas Dev Co
Bought by
Hometowne Building Co
Source: Public Records

Range of Values:

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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
Young John R $389,000 Title Express Llc
Linen George F $300,000 Capital Title Ins Agency
Guerra R $68,000 --
Hometowne Building Co $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerra R $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $389,000 0.0% $147 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $389,000 -- $147 / 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 $4,088 $220,640 $0 $0
2023 $3,855 $200,980 $0 $0
2022 $5,856 $191,460 $0 $0
2021 $5,746 $189,270 $0 $0
2020 $3,809 $182,040 $0 $0
2019 $3,447 $168,530 $0 $0
2018 $3,422 $161,290 $0 $0
2017 $3,372 $161,290 $0 $0
2016 $3,331 $151,940 $0 $0
2015 -- $146,390 $0 $0
2014 -- $136,770 $0 $0
2011 -- $95,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219062276

Realcomp

APN: 17-03-451-067