NOT LISTED FOR SALE

5340 Inverrary Ln Commerce Township, MI 48382

Commerce Area

Estimated Value: $696,000 - $1,052,000

5 Beds
2.5 Baths
2,594 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2019

Last sale price $571,000 $220 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,223 / mo

42 Days on Market

Highlights

  • 135 Feet of Waterfront
  • 0.8 Acre Lot
  • Deck
  • Oak Valley Middle School Rated 9+
  • Colonial Architecture
  • Covered Patio or Porch

About This Home

As of June 2019

Lake Sherwood with 135 feet of shoreline w/Beach! Live the Resort Life! Enjoy Boating and Water sports on beautiful and friendly Lake Sherwood! 2 golf courses close by and the darling town of Milford with restaurants, boutiques, and shops within minutes. Over 3500 sf w/Finished Walkout Bsmt. This spacious 2-story home has an updated kitchen w/newer granite counters & modern tile back splash. Updated main bath with new flooring, tub surround and fixtures. Master bedroom has vaulted ceilings and a balcony overlooking the water. High vaulted ceilings in large living room. Sunken family room with gas fireplace and U shaped granite wet bar. Professionally finished walkout basement with a bedroom and large recreation area that leads beautifully landscaped brick paver patio. Recent improvements include; Roof-2017, 98% Eff furnace, A/C, Garage door & opener & carpet-2011, Windows & 8" Insulation-2015 & Water heater-2013. "L" shaped dock included.

Last Agent to Sell the Property

Todd Rew

3DX Real Estate LLC License #6502390018 Listed on: 03/26/2019

3DX Real Estate LLC

Co-Listed By

Kelly O'Malley

3DX Real Estate LLC License #6504140211

Last Buyer's Agent

Brandon Mulrenin

Brookstone, Realtors LLC License #RCO-6501379398

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 34,848 Sq Ft Lot
  • Lot Dimensions are 73x329x135x342
  • 135 Feet of Waterfront
  • Lake Front
  • Home fronts a canal

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,594 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1706378001
  • $5,000 Seller Concession

Community Details

Overview

  • Wildwood River No 1 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,418

Year Built

Built in 1979

Lot Details

0.8 Acres

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Contemporary
  • Architecture Level: 2 Story
  • Assessment: 194
  • Year Built: 1979
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Total Sq Ft: 2594

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Sherwood
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: Platted Sub.
  • Foundation Materials: Block
  • Porch Type: Balcony, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Water Frontage Feet: 135.00
  • Waterfront Description: Canal Front, Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, High Efficiency Sealed Combustion
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 325
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 712500.0000
  • Lot Features: Water View
  • Lot Size Area: 0.80
  • Lot Dimensions: 73x329x135x342
  • Parcel Number: 1706378001

Tax Info

  • Tax Amount Summer: 3813.0000
  • Tax Amount Winter: 1605.0000
  • Total Tax: 5418.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Huron Valley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jun 14, 2019
Sold by
Bought by
Seller's Agent
Todd Rew
3DX Real Estate LLC
Buyer's Agent
Brandon Mulrenin
Brookstone, Realtors LLC
List Price
$575,000
Sold Price
$571,000
Premium/Discount to List
-$4,000
-0.7%
Current Estimated Value
$843,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,096
Avg. Annual Appreciation
5.63%
Original Mortgage
$275,000
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,152
Interest Rate
0.0475%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$571,000 Bell Title Agency Of Fenton
$288,000 Capital Title Ins Agency
$225,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Previous Owner $410,000
Previous Owner $120,000
Previous Owner $284,152
Previous Owner $54,000
Previous Owner $530,800
Previous Owner $515,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $571,000 +0.2% $220 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/28/2019 04/28/19 Price Changed $570,000 -0.9% $220 / Sq Ft
03/26/2019 03/26/19 For Sale $575,000 -- $222 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,219 $363,560 $0 $0
2024 $7,021 $350,530 $0 $0
2023 $6,697 $309,520 $0 $0
2022 $9,509 $289,590 $0 $0
2021 $8,920 $290,600 $0 $0
2020 $6,332 $270,470 $0 $0
2019 $5,547 $261,730 $0 $0
2018 $5,418 $240,950 $0 $0
2017 $5,314 $240,950 $0 $0
2016 $5,237 $238,240 $0 $0
2015 -- $227,500 $0 $0
2014 -- $190,990 $0 $0
2011 -- $157,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Rew

    Seller's Agent in 2019

    Todd Rew

    3DX Real Estate LLC

    (248) 320-5800

    24 Total Sales

    Todd Rew
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kelly O'Malley

    3DX Real Estate LLC

    Section Image
  • Brandon Mulrenin

    Buyer's Agent in 2019

    Brandon Mulrenin

    Brookstone, Realtors LLC

    (248) 890-5504

    11 Total Sales

    Brandon Mulrenin
    Section Image
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Map

Source: Realcomp

MLS Number: 219024994

Realcomp

APN: 17-06-378-001

Michigan Oakland County Commerce 48382

5340 Inverrary Ln, Commerce, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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