NOT LISTED FOR SALE

5370 Inverrary Ln Commerce Township, MI 48382

Estimated Value: $764,000 - $929,000

4 Beds
3.5 Baths
2,144 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $550,000 $257 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,112/month

39 Days on Market

Highlights

  • 147 Feet of Waterfront
  • Spa
  • Ranch Style House
  • Dock Facilities
  • Deck
  • Ground Level Unit

About This Home

As of April 2020

ALL SPORTS LAKE SHERWOOD! BEAUTIFUL BRICK RANCH WITH FINISHED WALK-OUT & ELEVATED DECK IS SITUATED ON LARGE (.52 ACRE) NICELY LANDSCAPED LOT WITH 2 DOCKS, BEACH & 147' OF SHORELINE! Open floor plan offers over 3,700 SF of living space, Split Bedroom Layout, vaulted Foyer w/closet & plant ledge, vaulted Great Rm w/brick fireplace and 2 door-walls leading to the deck, vaulted Dining Rm w/boxout window, Snack-bar Kitchen & Nook w/granite counters, SS appliances, hardwood flooring and bay door-wall leading to the deck. Private Master Suite features a door-wall to the deck, walk-in closet and private Bath w/dual sink, granite vanity. Open rail staircase leads to Lower Level including a huge Rec Rm w/brick fireplace and 2 door-walls leading to the patio & hot tub, adjoining Exercise Rm, full Bath w/jet tub and 5th Bedroom w/walk-in closet. 1st Floor Laundry Room w/storage cabinets, Mud Hall w/coat closet and oversized 3 Car Garage with service door.

Last Agent to Sell the Property

Team Stockton

KW Showcase Realty License #6501238297 Listed on: 01/30/2020

KW Showcase Realty

Co-Listed By

Steve Stockton

KW Showcase Realty License #6501145669

Last Buyer's Agent

James Dewling

Griffith Realty License #6501384767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995 | Remodeled in 2012

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 147 x 196 x 94 x 167
  • 147 Feet of Waterfront
  • Lake Front
  • Sprinkler System

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,144 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Seawall
  • Dock Facilities
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1706328009

Community Details

Overview

  • Wildwood Forest Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,380

Year Built

Built in 1995 | Remodeled in 2012

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1995
  • State Equalized Value: 262140.0000
  • Year Renovated: 2012
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement, Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Free-Standing Gas Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3719
  • Sq Ft Lower Floor: 1575
  • Total Sq Ft: 2144
  • Sq Ft Total Bsmt: 2127

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE SHERWOOD
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: 454856931
  • Exterior Features: Lighting, Spa/Hot-tub
  • Foundation Materials: Poured
  • Frontage Feet: 94
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 147.00
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

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

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • Lot Features: Water View, Sprinkler(s)
  • Lot Size Area: 0.52
  • Lot Dimensions: 147 X 196 X 94 X 167
  • Parcel Number: 1706328009

Tax Info

  • Tax Amount Summer: 3807.0000
  • Tax Amount Winter: 1573.0000
  • Total Tax: 5380.0000
  • Taxable Value: 167460.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Sea Wall

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 17, 2020
Sold by
Bartman Gregory J and Bartman Susan E
Bought by
Wylie Patricia
Seller's Agent
Team Stockton
KW Showcase Realty
Buyer's Agent
James Dewling
Griffith Realty
List Price
$574,900
Sold Price
$550,000
Premium/Discount to List
-$24,900
-4.33%
Current Estimated Value
$852,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,210
Avg. Annual Appreciation
8.26%
Original Mortgage
$495,000
Outstanding Balance
$436,713
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$415,497
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
Patricia L Fusht-Wylie Revocable Trust -- None Listed On Document
Wylie Patricia $550,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wylie Patricia $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $550,000 -4.3% $257 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $574,900 -- $268 / 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 $7,389 $364,140 $0 $0
2023 $7,048 $320,920 $0 $0
2022 $9,995 $298,160 $0 $0
2021 $9,699 $298,790 $0 $0
2020 $3,869 $271,240 $0 $0
2019 $5,425 $262,140 $0 $0
2018 $5,299 $242,480 $0 $0
2017 $5,197 $242,480 $0 $0
2016 $5,123 $239,420 $0 $0
2015 -- $228,280 $0 $0
2014 -- $191,240 $0 $0
2011 -- $150,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200007721

Realcomp

APN: 17-06-328-009