NOT LISTED FOR SALE

54296 Salem Dr Shelby Township, MI 48316

Estimated Value: $767,000 - $812,000

4 Beds
4.5 Baths
3,907 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $529,000 $135 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,168/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Enclosed Patio or Porch
  • Fireplace in Basement
  • Malow Junior High School Rated A-
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Stunning Luxurious Colonial Home. Elegance is the word that comes to mind with this home. The kitchen is both alluring and charming at the same time, with a modern look and some traditional qualities makes this room the perfect place for entertaining your guests.
Full finished walkout basement with a kitchen and grand sitting area.
The house is situated on an oversized lot with a scenic elegant yard which completes this grand home.
Original homeowners who have spent significantly more than the asking price, making this a great value/deal for any Buyer.

Last Agent to Sell the Property

Frank Hermiz

Community Choice Realty Associates, LLC License #6501379792 Listed on: 05/07/2020

Last Buyer's Agent

Revan Herfy

Community Choice Realty Inc License #RCO-6501405707

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001 | Remodeled in 2015

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90.00x140.00

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,907 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Fireplace in Basement

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Ground Level

Community Details

  • Carrington Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0707251010
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,393

Year Built

Built in 2001 | Remodeled in 2015

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1973.31
  • Year Built: 2001
  • State Equalized Value: 253000.0000
  • Year Renovated: 2015
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement, Great Room
  • Room Count: 20
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Washer
  • Sq Ft Combined: 5707
  • Sq Ft Lower Floor: 1800
  • Total Sq Ft: 3907
  • Sq Ft Total Bsmt: 1950

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 140
  • Porch Type: Porch - Enclosed
  • 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 Frequency: Annually
  • Association Fee: 130
  • Association Fee: Yes

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1789655.1724
  • Lot Size Area: 0.29
  • Lot Dimensions: 90.00X140.00
  • Parcel Number: 0707251010

Tax Info

  • Tax Amount Summer: 3642.0000
  • Tax Amount Winter: 4751.0000
  • Total Tax: 8393.0000
  • Taxable Value: 217680.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Oct 8, 2020
Sold by
Jabiru Taial and Jabiru Hanan
Bought by
Jajou Vincent
Seller's Agent
Frank Hermiz
Community Choice Realty Associates, LLC
Buyer's Agent
Revan Herfy
Community Choice Realty Inc
List Price
$549,000
Sold Price
$529,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$793,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,001
Avg. Annual Appreciation
8.59%
Original Mortgage
$502,550
Outstanding Balance
$449,234
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$342,853

Purchase Details

Closed on
Mar 11, 1999
Sold by
Orsini Frank C
Bought by
Cranbrook Ridge Development Co Llc
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
Jajou Vincent $529,000 First Title Agency Llc
Cranbrook Ridge Development Co Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jajou Vincent $502,550
Previous Owner Jabiru Talal $361,000
Previous Owner Jabiru Talal $105,000
Previous Owner Jabiru Talal $367,500
Previous Owner Jabiru Tatal $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $529,000 +1.9% $135 / Sq Ft
08/31/2020 08/31/20 Price Changed $519,000 -5.5% $133 / Sq Ft
08/08/2020 08/08/20 For Sale $549,000 0.0% $141 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $549,000 -- $141 / 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
2025 $10,131 $372,400 $0 $0
2024 $5,996 $364,500 $0 $0
2023 $5,679 $324,500 $0 $0
2022 $10,879 $298,700 $0 $0
2021 $9,165 $293,100 $0 $0
2020 $4,164 $284,500 $0 $0
2019 $8,034 $257,500 $0 $0
2018 $8,583 $253,000 $0 $0
2017 $8,515 $257,100 $39,650 $217,450
2016 $8,159 $257,100 $0 $0
2015 $6,811 $247,000 $0 $0
2013 $6,926 $204,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200030548

Realcomp

APN: 23-07-07-251-010