NOT LISTED FOR SALE

54231 Shady Ln Shelby Township, MI 48315

Estimated Value: $559,243 - $607,000

4 Beds
2 Baths
3,128 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $375,000 $120 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,788/month

2 Days on Market

Highlights

  • Main Floor Bedroom
  • Great Room with Fireplace
  • Bar Fridge
  • Crissman Elementary School Rated A-
  • Home Office
  • Porch

About This Home

As of September 2018

Entertainers paradise in a quiet, well-established Shelby Twp neighborhood. Updated 4 bedroom split-level with over 3100 square feet of living space plus a large professionally finished basement with 2 bars, full kitchen, full bath and entertainment/living space. First floor is lined with custom slate flooring throughout the foyer, kitchen and dining area. Gourmet Kitchen is a must see with granite counters, custom stone surround, built-in stainless appliances and built in ice freezer. Beautiful butler pantry connects the kitchen and dining area to the great room with granite counter, sink and beer/wine refrigerator. First floor master bedroom with updated master bath and walk-in closet. Formal den/home office on first floor and first floor laundry. No HOA.

Last Agent to Sell the Property

Brian Powers

RE/MAX First License #MISPE-6501309178 Listed on: 08/11/2018

RE/MAX First

Last Buyer's Agent

Jennifer Kee

Community Choice Realty Inc License #RCO-6501382515

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1986

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 99x184
  • Sprinkler System

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Bar Fridge
  • Gas Fireplace
  • Bay Window
  • Great Room with Fireplace
  • Home Office
  • Ceramic Tile Flooring
  • Finished Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Burlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0712277005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,104

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Split Level
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 4104
  • Year Built: 1986
  • Mail City: Shelby Twp
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window, Ceramic Floors, Sump Pump, Walk-In Closet
  • Appliances: Bar-Refrigerator, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Grt Rm Fireplace
  • Basement: Yes
  • Basement: Finished, Poured
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Den/Study/Lib, First Floor Laundry, First Flr Primary Bedroom, Great Room, Primary Bathroom, Home Office
  • Below Grade Sq Ft: 1600
  • Finished Below Grade Sq Ft: 1600
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3128

Exterior Features

  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler, Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 99
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 0712277005
  • Zoning: Residential
  • Lot Dimensions: 99x184
  • Acreage: 0.4
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,346.00
  • Winter Tax: Year: 2017, Amount: $1,758.00
  • Total Tax: Amount: $4,104.00

MLS Schools

  • School District: Utica Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Sep 12, 2018
Sold by
Marchin Cynthia L and Blelas Cynthia L
Bought by
Vermeesch Edward J
Seller's Agent
Brian Powers
RE/MAX First
Buyer's Agent
Jennifer Kee
Community Choice Realty Inc
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$586,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,311
Avg. Annual Appreciation
6.87%
Original Mortgage
$337,500
Outstanding Balance
$295,526
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$298,709

Purchase Details

Closed on
Nov 26, 2013
Sold by
Marchin John D and Marchin Cynthia L
Bought by
Marchin Cynthia L and Marchin John D

Purchase Details

Closed on
Oct 28, 1999
Sold by
Harris Roger E
Bought by
Marchin John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.64%
Source: Public Records

Range of Values:

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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
Vermeesch Edward J $375,000 Sterling Title Agency
Marchin Cynthia L -- None Available
Marchin John D $280,000 --
Marchin John D $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vermeesch Edward J $40,000
Open Vermeesch Edward J $337,500
Previous Owner Marchin John D $251,000
Previous Owner Marchin John D $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $375,000 0.0% $120 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $375,000 -- $120 / Sq Ft
Source: Michigan Multiple Listing Service

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
2025 $6,937 $239,700 $0 $0
2024 $3,945 $229,600 $0 $0
2023 $3,736 $209,100 $0 $0
2022 $6,131 $197,000 $0 $0
2021 $6,090 $196,900 $0 $0
2020 $3,439 $192,400 $0 $0
2019 $5,530 $184,100 $0 $0
2018 $4,136 $179,400 $0 $0
2017 $4,062 $173,250 $44,000 $129,250
2016 $4,032 $173,250 $0 $0
2015 $4,019 $157,150 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31356813

Michigan Multiple Listing Service

APN: 23-07-12-277-005