NOT LISTED FOR SALE

5392 Mill Race Way Commerce Township, MI 48382

Estimated Value: $484,000 - $531,000

4 Beds
2.5 Baths
2,366 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $455,000 $192 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,871/month

9 Days on Market

Highlights

  • Lake Privileges
  • Colonial Architecture
  • Forced Air Heating System
  • Commerce Elementary School Rated A
  • 2.5 Car Attached Garage

About This Home

As of May 2024

BEAUTIFUL COLONIAL WITH LAKE PRIVILEGES ON FOX LAKE. ON A 1/3 ACRE LOT, THIS HOME HAS ROOM TO ENTERTAIN. PRIVATE YARD WITH MATURE TREES & LARGE DECK. ENTRY WITH HARDWOOD. LIVING ROOM/DINING ROOM TO THE RIGHT OF ENTRY WITH AN UPDATED EAT-IN ISLAND KITCHEN WITH GRANITE, STAINLESS STEEL APPLIANCES AND FIXTURES, BRICK HEARTH IN THE FAMILY ROOM WITH BUILT INS. DOORWALL ACCESS TO DECK FROM THE KITCHEN, 4 BEDROOMS, LARGE PRIMARY SUITE, PRIMARY BATH HAS A STAND UP SHOWER & SOAKING TUB, FINISHED BASEMENT WITH BAR AREA, POOL TABLE AND ALL APPLIANCES ARE INCLUDED.

Last Agent to Sell the Property

Gary Brincat

Mitten Realty Group LLC License #6501400857 Listed on: 04/05/2024

Co-Listed By

Scott Fader

Mitten Realty Group LLC License #6502418243

Last Buyer's Agent

Dianna - Tina Lake - Remer

License #6501309665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70x203

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Lake Privileges
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 1703435004

Community Details

Overview

  • River Club Association, Phone Number (248) 555-1234
  • River Club East Condo Occpn 753 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,954

Year Built

Built in 2000

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 237.00
  • Year Built: 2000
  • State Equalized Value: 186620.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 3266
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2366
  • Sq Ft Total Bsmt: 1266

Exterior Features

  • Waterfront Name: Fox Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 70
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-555-1234
  • Association Fee: 135
  • Association Contact: river club
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.33
  • Lot Dimensions: 70x203
  • Parcel Number: 1703435004

Tax Info

  • Tax Amount Summer: 2467.0000
  • Tax Amount Winter: 1487.0000
  • Total Tax: 3954.0000
  • Taxable Value: 128110.0000

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
Apr 5, 2024
Closed on
May 13, 2024
Sold by
Dewan Brian M and Dewan Joan E
Bought by
Radwan James S
Seller's Agent
Gary Brincat
Mitten Realty Group LLC
Buyer's Agent
Dianna - Tina Lake - Remer
List Price
$459,000
Sold Price
$455,000
Premium/Discount to List
-$4,000
-0.87%
Views
29
Current Estimated Value
$499,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,788
Avg. Annual Appreciation
6.69%
Original Mortgage
$364,000
Outstanding Balance
$358,837
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$140,951

Purchase Details

Closed on
Oct 25, 2000
Sold by
J C Development Co
Bought by
Dewan Brian M

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Radwan James S $455,000 None Listed On Document
Radwan James S $455,000 None Listed On Document
Dewan Brian M $75,000 --
J C Development $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radwan James S $364,000
Closed Radwan James S $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $455,000 -0.9% $192 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $459,000 -- $194 / 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 $2,616 $198,070 $0 $0
2023 $2,467 $186,620 $0 $0
2022 $3,832 $161,300 $0 $0
2021 $3,759 $155,260 $0 $0
2020 $2,437 $157,690 $0 $0
2019 $3,408 $146,440 $0 $0
2018 $3,385 $133,970 $0 $0
2017 $3,335 $133,970 $0 $0
2016 $3,293 $131,960 $0 $0
2015 -- $126,910 $0 $0
2014 -- $117,180 $0 $0
2011 -- $101,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gary Brincat

    Mitten Realty Group LLC

    (248) 568-3441

    12 in this area

    319 Total Sales

    Gary Brincat
    Section Image
  • Scott Fader

    Seller Co-Listing Agent in 2024

    Scott Fader

    Mitten Realty Group LLC

    (248) 390-8242

    10 in this area

    2,438 Total Sales

    Scott Fader
    Section Image

  • D

    Buyer's Agent in 2024

    Dianna - Tina Lake - Remer

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240021482

Realcomp

APN: 17-03-435-004

Michigan Oakland County Commerce Township 48382

5392 Mill Race Way, Commerce Township, MI

This home is located at 5392 Mill Race Way, Commerce Township, MI 48382 since 05 April 2024 and is currently estimated at $499,788, approximately $211 per square foot. This property was built in 2000. 5392 Mill Race Way is a home located in Oakland County with nearby schools including Commerce Elementary School, Clifford H. Smart Middle School, and Walled Lake Northern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes