NOT LISTED FOR SALE

5350 Inverrary Ln Commerce Township, MI 48382

Estimated Value: $912,000 - $1,085,000

4 Beds
4.5 Baths
2,952 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $529,900 $180 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,831/month

14 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • 0.72 Acre Lot
  • Deck
  • Covered Patio or Porch

About This Home

As of June 2015

Gorgeous Lake Sherwood Home beautifully updated and ready to move in! 2 story foyer with winding staircase welcomes you in. Large Great Room w/vaulted ceilings and beautiful brick fireplace. Wall of custom windows on lakeside allows stunning views at all time. Spacious bright and airy kitchen,formal dining room and living room and a home office! Large Master suite w/private bath and large walk in closet. All Upper bedrooms have their own baths. Finished walk out lower level w/ full bedroom, bath and a sauna! 3 car garage. Beautifully landscaped and a huge lot! Located on a quiet street. Lakefront living at it's finest!

Last Agent to Sell the Property

Susan Mcfarland

RE/MAX Classic License #6501201620 Listed on: 04/14/2015

RE/MAX Classic

Last Buyer's Agent

Susan Mcfarland

RE/MAX Classic License #6501201620 Listed on: 04/14/2015

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.72 Acre Lot
  • Lake Front

HOA Fees

  • $24 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1706328011

Community Details

Overview

  • Wildwood Forest Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,084

Year Built

Built in 1995

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1995
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 4556
  • Sq Ft Lower Floor: 1604
  • Total Sq Ft: 2952
  • Sq Ft Total Bsmt: 1604

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE SHERWOOD
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 130
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • 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: 735972.2222
  • Lot Features: Water View
  • Lot Size Area: 0.72
  • Lot Dimensions: IRREG
  • Parcel Number: 1706328011

Tax Info

  • Tax Amount Summer: 4350.0000
  • Tax Amount Winter: 1734.0000
  • Total Tax: 6084.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 9, 2015
Sold by
Burton Bradley P and Burton Julie A
Bought by
Chard Jeffrey C and Chard Michele A
Seller's Agent
Susan Mcfarland
RE/MAX Classic
Buyer's Agent
Susan Mcfarland
RE/MAX Classic
List Price
$529,900
Sold Price
$529,900
Current Estimated Value
$990,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,462
Avg. Annual Appreciation
6.20%
Original Mortgage
$230,000
Outstanding Balance
$178,585
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$811,777

Purchase Details

Listed on
Jun 27, 2012
Closed on
Aug 17, 2012
Sold by
The Frank S St Clair & Ursuzla Z St Clai and St Clair Frank S
Bought by
Burton Bradley P and Burton Julie A
Seller's Agent
Susan Mcfarland
RE/MAX Classic
Buyer's Agent
Nancy Robinson
Real Broker Berkley
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Apr 12, 2010
Sold by
St Clair Frank S and St Clair Ursula Z
Bought by
St Clair Frank S and St Clair Ursula Z

Purchase Details

Closed on
Sep 1, 1995
Sold by
Oliver Harold D
Bought by
Frank & Ursula Z St Clair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
7.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1995
Sold by
Comerica Bank
Bought by
Oliver Harold D and Oliver Helen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
7.81%
Mortgage Type
New Conventional
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
Chard Jeffrey C $529,900 Title One Inc
Burton Bradley P $425,000 Title One Inc
St Clair Frank S -- None Available
Frank & Ursula Z St Clair $306,700 --
Oliver Harold D $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chard Jeffrey C $230,000
Previous Owner Frank & Ursula Z St Clair $239,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2015 06/09/15 Sold $529,900 0.0% $180 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $529,900 +24.7% $180 / Sq Ft
08/27/2012 08/27/12 Sold $425,000 +6.3% $144 / Sq Ft View Prior Sale
08/10/2012 08/10/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $399,900 -- $135 / 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 $7,354 $452,400 $0 $0
2023 $7,015 $397,620 $0 $0
2022 $9,949 $370,740 $0 $0
2021 $9,333 $371,490 $0 $0
2020 $6,423 $346,820 $0 $0
2019 $8,870 $338,820 $0 $0
2018 $8,669 $306,370 $0 $0
2017 $8,502 $306,370 $0 $0
2016 $8,349 $262,580 $0 $0
2015 -- $289,940 $0 $0
2014 -- $239,590 $0 $0
2011 -- $180,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215033996

Realcomp

APN: 17-06-328-011