NOT LISTED FOR SALE

5382 Mill Race Way Commerce Township, MI 48382

Estimated Value: $514,000 - $532,893

4 Beds
2.5 Baths
2,455 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $325,000 $132 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,065/month

16 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 3 Car Attached Garage
  • Commerce Elementary School Rated A
  • Porch
  • Patio

About This Home

As of July 2019

Lovely 2000’s build in the heart of the Commerce Township. This 4 bedroom, 2.5 baths colonial features a functional layout both great for everyday living and entertaining guests! The entry level consists of hardwood floors throughout the living, dining, powder room & foyer. The cozy living also contains a fireplace & flows directly into the formal dining room. The updated gourmet kitchen features tile flooring, ample amounts of counter space, wooden cabinets, & leads out to the backyard patio. Upstairs there is a lovely master suite, three additional bedrooms and a 2nd spacious full bath. The master bedroom contains arched ceilings, a walk-in closet & large bath with both a tub and standing shower. The finished lower level is great for entertaining in the cold winter months of Michigan. Cozy up and enjoy your favorite drink with the custom built-in bar. The exterior features a huge backyard with a patio, a welcoming front porch & an attached three car garage! This is a must see!

Last Agent to Sell the Property

John Apap

@properties Christie's Int'l R.E. Birmingham License #6501293592 Listed on: 06/04/2019

@properties Christie's Int'l R.E. Birmingham

Co-Listed By

Jack Apap

@properties Christie's Int'l R.E. Birmingham License #6501383481

Last Buyer's Agent

Jennifer Myers

Real Estate One-Commerce License #6501384331

Real Estate One-Commerce

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70x175x175x70

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,455 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • River Club East Condo Occpn 753 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1703435003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,342

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 193.54
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2455

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1015151.5152
  • Lot Size Area: 0.33
  • Lot Dimensions: 70x175x175x70
  • Parcel Number: 1703435003

Tax Info

  • Tax Amount Summer: 2406.0000
  • Tax Amount Winter: 936.0000
  • Total Tax: 3342.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 18, 2019
Sold by
Bicolli Guri and Bicolli Eli
Bought by
Kyle Douglas and Kyle Kimberly Sue
Seller's Agent
John Apap
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Jennifer Myers
Real Estate One-Commerce
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$524,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,223
Avg. Annual Appreciation
7.95%
Original Mortgage
$292,500
Outstanding Balance
$256,256
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$267,967

Purchase Details

Closed on
Aug 15, 2000
Sold by
J C Development Co
Bought by
Bicolli Guri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.98%

Purchase Details

Closed on
Sep 11, 1998
Sold by
E R Thomas Dev Co
Bought by
J C Development
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
Kyle Douglas $325,000 Interstate Title Inc
Bicolli Guri $75,000 --
J C Development $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyle Douglas $292,500
Previous Owner Bicolli Guri $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $325,000 -3.0% $132 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $335,000 -- $136 / 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 $3,527 $203,170 $0 $0
2023 $3,325 $191,430 $0 $0
2022 $5,084 $165,390 $0 $0
2021 $4,988 $159,240 $0 $0
2020 $3,386 $161,800 $0 $0
2019 $3,560 $156,620 $0 $0
2018 $3,536 $140,920 $0 $0
2017 $3,485 $140,920 $0 $0
2016 $3,441 $138,780 $0 $0
2015 -- $133,720 $0 $0
2014 -- $123,370 $0 $0
2011 -- $106,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219052738

Realcomp

APN: 17-03-435-003