NOT LISTED FOR SALE

5440 Inverrary Ln Commerce Township, MI 48382

Estimated Value: $994,000 - $1,208,000

4 Beds
4.5 Baths
3,554 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $922,000 $259 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,564/month

25 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Bar Fridge
  • Colonial Architecture
  • Stainless Steel Appliances
  • Porch

About This Home

As of October 2022

Welcome to the lake! This exquisite 4 bed, 4 and 1/2 bath home located on private, all sports Lake Sherwood is one of a kind. The first floor features a spacious great room with windows overlooking the canal, an open concept kitchen with granite counters, eat in nook and large pantry. The first floor primary suite offers lake views, updated bath and his and her walk in closets. 2nd floor has two bedrooms with connected jack and jill bathroom plus an additional 400 square feet of finished space above the garage for an additional bedroom or bonus space with huge walk in closet and private bath. Get ready to entertain in the newly renovated basement (2021 ) with a brand new custom wet bar, vinyl flooring and walk-out access. The basement boasts 12 foot ceilings, two additional flex spaces, a full bath, home gym plus tons of storage space! The three-car garage offers plenty of space for parking and storing all your lake toys. Home generator and electric boat hoist included with sale. Agent owned, broker is also seller.

Last Agent to Sell the Property

Sarah Angevine

Keller Williams Advantage License #6501427830 Listed on: 08/19/2022

Keller Williams Advantage

Last Buyer's Agent

Julie Thayer

Sine & Monaghan, LLC License #6501277097

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 141.00 x 163.00
  • Private Waterfront
  • 170 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,554 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Great Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1706328002
  • $17,000 Seller Concession

Community Details

Overview

  • Steve Biebel Association, Phone Number (248) 462-0520
  • Wildwood Forest Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,611

Year Built

Built in 1998

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 221.00
  • Warranty: Yes
  • Year Built: 1998
  • State Equalized Value: 444050.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Programmable Thermostat, Sound System, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 18
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Water Purifier Owned, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Bar Fridge
  • Sq Ft Combined: 5354
  • Sq Ft Lower Floor: 1800
  • Total Sq Ft: 3554
  • Sq Ft Total Bsmt: 2267

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Sherwood
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Sideof Street: NE
  • Water Frontage Feet: 170.00
  • Waterfront Description: Canal Front, Private Water Frontage

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 2484620520
  • Association Fee: 400
  • Association Contact: Steve Biebel
  • Association Fee: Yes

Schools

  • School District: Huron Valley

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.57
  • Lot Dimensions: 141.00 x 163.00
  • Parcel Number: 1706328002

Tax Info

  • Tax Amount Summer: 8121.0000
  • Tax Amount Winter: 3490.0000
  • Total Tax: 11611.0000
  • Taxable Value: 359050.0000

Multi Family

  • Waterfront Features: Navigable, All Sports Lake

MLS Schools

  • School District: Huron Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 5, 2022
Sold by
Angevine Todd Richard and Angevine Sarah
Bought by
Piper Amanda and Piper Adam
Seller's Agent
Sarah Angevine
Keller Williams Advantage
Buyer's Agent
Julie Thayer
Sine & Monaghan, LLC
List Price
$950,000
Sold Price
$922,000
Premium/Discount to List
-$28,000
-2.95%
Views
6
Current Estimated Value
$1,067,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,545
Avg. Annual Appreciation
4.89%
Original Mortgage
$737,600
Outstanding Balance
$707,291
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$360,254

Purchase Details

Listed on
Nov 22, 2017
Closed on
Feb 16, 2018
Sold by
Angevine Todd Richard
Bought by
Angevine Todd Richard and Angevine Sarah
Seller's Agent
Todd Rall
Keller Williams Ann Arbor Market Center
Buyer's Agent
Donna Guaresimo
Real Living Kee Realty-Rochester
List Price
$680,000
Sold Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Nov 22, 2017
Closed on
Feb 15, 2018
Sold by
Robbins Ii David H and Robbins Amy S
Bought by
Angevine Todd Richard and Angevine Sarah E
Seller's Agent
Todd Rall
Keller Williams Ann Arbor Market Center
Buyer's Agent
Donna Guaresimo
Real Living Kee Realty-Rochester
List Price
$680,000
Sold Price
$680,000

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 26, 2014
Sold by
Scholz Robert P and Scholz Sharron L
Bought by
Robbins Ii David H and Robbins Amy S
Seller's Agent
Susan Mcfarland
RE/MAX Classic
Buyer's Agent
John Goodman
Coldwell Banker Weir Manuel-Northville
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$460,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2001
Sold by
Stannard Sean P
Bought by
Scholz Robert P

Purchase Details

Closed on
Jun 4, 1997
Sold by
Bailey Joel W
Bought by
Stannard Sean P
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
Piper Amanda $922,000 --
Angevine Todd Richard -- Premier Title Agency Llc
Angevine Todd Richard $680,000 Cislo Title Co
Robbins Ii David H $575,000 None Available
Scholz Robert P $665,000 --
Stannard Sean P $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piper Amanda $737,600
Previous Owner Robbins Ii David H $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2022 10/05/22 Sold $922,000 -2.9% $259 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $950,000 +39.7% $267 / Sq Ft
02/16/2018 02/16/18 Sold $680,000 0.0% $191 / Sq Ft View Prior Sale
12/22/2017 12/22/17 Pending -- -- --
12/08/2017 12/08/17 Price Changed $679,900 0.0% $191 / Sq Ft
11/22/2017 11/22/17 For Sale $680,000 +18.3% $191 / Sq Ft
09/26/2014 09/26/14 Sold $575,000 -11.5% $162 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $649,900 -- $183 / 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 $11,180 $540,270 $0 $0
2023 $10,674 $473,680 $0 $0
2022 $12,378 $443,150 $0 $0
2021 $11,610 $444,050 $0 $0
2020 $8,028 $414,110 $0 $0
2019 $11,234 $347,500 $0 $0
2018 $10,273 $352,380 $0 $0
2017 $10,074 $352,380 $0 $0
2016 $9,929 $347,250 $0 $0
2015 -- $312,500 $0 $0
2014 -- $275,900 $0 $0
2011 -- $217,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221030785

Realcomp

APN: 17-06-328-002