NOT LISTED FOR SALE

5331 Riverwalk Trail Unit 14 Commerce Township, MI 48382

Estimated Value: $415,000 - $505,000

4 Beds
2.5 Baths
2,270 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $483,000 $213 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,801/month

13 Days on Market

Highlights

  • 176 Feet of Waterfront
  • Colonial Architecture
  • Ground Level Unit
  • Commerce Elementary School Rated A
  • Deck
  • Stainless Steel Appliances

About This Home

As of August 2024

SPLASH! SWIM! PADDLE! FISH! MOTORBOAT!KAYAK! 4 Bedroom, 2 1/2 Bath! Experience the ultimate waterfront lifestyle on the serene, crystal clear, Huron River at this mesmerizing All Sports Fox Lake access home! Affordable Waterfront Living awaits you at this picturesque riverfront oasis in River Club East. With the Huron River gracefully meandering through your expansive backyard, enjoy seamless access to private, All-Sports Fox Lake for all your aquatic adventures - from PONTOON & JET SKI boating to kayaking, fishing, and more. Extend your exploration to Brendel Lake to the north and beyond, by kayak or canoe! Step into this 4 Bedroom, 2 1⁄2 Bath haven offering nearly 2300 SQFT in the coveted Walled Lake Schools district Revel in the versatile floorplan featuring spacious rooms, ideal for families. The kitchen showcases an island and stainless-steel appliances, flowing effortlessly into the cozy family room with a fireplace. Retreat to the sizable master suite with a walk-in closet, luxurious bath with dual vanities, and a soothing soaking tub. Seize the opportunity to craft the waterfront home of your dreams in this unrivaled location. Embrace the natural light in the full basement with daylight windows, plumbed for a future bath. With a roof less than 10 years old, this is more than just a home - it's a gateway to a beautiful waterfront lifestyle. Home Warranty included!

Last Agent to Sell the Property

Peter Mara

KW Showcase Realty License #6501402578 Listed on: 07/10/2024

KW Showcase Realty

Last Buyer's Agent

Richard Marentette

Coldwell Banker Professionals-Northville License #6501417901

Coldwell Banker Professionals-Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 70 x 70 x 176 x 176
  • 176 Feet of Waterfront
  • River Front
  • Level Lot

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number E1703451030
  • $13,000 Seller Concession

Community Details

Overview

  • River Club East Condo Occpn 753 Association
  • River Club East Condo Occpn 753 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,044

Year Built

Built in 1998

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1998
  • State Equalized Value: 162770.0000
  • Year Renovated: 1998
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Entrance Foyer, High Spd Internet Avail, Programmable Thermostat, Furnished - No, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2270
  • Total Sq Ft: 2270
  • Sq Ft Total Bsmt: 1071

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Huron River, Fox Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Foundation Materials: Poured
  • Frontage Feet: 70
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 176.00
  • Waterfront Description: River Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Annually
  • Phone: riverclubeast@yahoo.com
  • Association Fee: 215
  • Association Contact: RIVER CLUB-EAST CONDO OCCPN 753
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Lot Size Area: 0.37
  • Lot Dimensions: 70 x 70 x 176 x 176
  • Parcel Number: E1703451030

Tax Info

  • Tax Amount Summer: 2958.0000
  • Tax Amount Winter: 2086.0000
  • Total Tax: 5044.0000
  • Taxable Value: 162769.0000

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
Jul 10, 2024
Closed on
Aug 8, 2024
Sold by
Campbell Alexander
Bought by
Rajangam Bharathkumar
Seller's Agent
Peter Mara
KW Showcase Realty
Buyer's Agent
Richard Marentette
Coldwell Banker Professionals-Northville
List Price
$449,900
Sold Price
$483,000
Premium/Discount to List
$33,100
7.36%
Views
36
Current Estimated Value
$474,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,566
Avg. Annual Appreciation
-1.47%
Original Mortgage
$458,850
Outstanding Balance
$453,648
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$20,786

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 7, 2016
Sold by
Cross Todd M and Cross Donna J
Bought by
Campbell Alexander
Seller's Agent
Karen Thomas
Coldwell Banker Professionals-Northville
Buyer's Agent
Susan Campbell
Liberty Way Realty
List Price
$348,679
Sold Price
$342,000
Premium/Discount to List
-$6,679
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Nov 22, 2005
Sold by
Arata Paul M and Arata Michele A
Bought by
Cross Todd M and Cross Donna J

Purchase Details

Closed on
Oct 18, 2000
Sold by
J C Development Co
Bought by
Arata Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
7.69%

Purchase Details

Closed on
Jul 12, 1996
Sold by
E R Thomas Dev Co
Bought by
J C Dev

Purchase Details

Closed on
Jul 2, 1996
Sold by
Thomas Barnett Tr
Bought by
E R Thomas Dev Co

Purchase Details

Closed on
Aug 12, 1994
Sold by
River Club East Dev Inc
Bought by
E R Thomas Dev Co
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
Rajangam Bharathkumar $483,000 None Listed On Document
Campbell Alexander $342,000 First American Title
Cross Todd M $329,000 None Available
Arata Paul M $75,000 --
J C Dev $95,000 --
J C Development $95,000 --
E R Thomas Dev Co $30,000 --
E R Thomas Dev Co $30,000 --
E R Thomas Dev Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajangam Bharathkumar $458,850
Previous Owner Arata Paul M $249,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $483,000 +7.4% $213 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $449,900 +31.5% $198 / Sq Ft
03/07/2016 03/07/16 Sold $342,000 -1.9% $150 / Sq Ft View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $348,679 -- $152 / 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 $3,300 $203,970 $0 $0
2023 $3,112 $192,350 $0 $0
2022 $5,044 $162,770 $0 $0
2021 $4,919 $160,480 $0 $0
2020 $3,075 $157,170 $0 $0
2019 $4,757 $150,560 $0 $0
2018 $4,695 $137,950 $0 $0
2017 $4,628 $137,950 $0 $0
2016 $3,685 $132,640 $0 $0
2015 -- $125,980 $0 $0
2014 -- $116,950 $0 $0
2011 -- $105,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240042514

Realcomp

APN: 17-03-451-030