NOT LISTED FOR SALE

5440 Mill Race Way Commerce Township, MI 48382

Estimated Value: $542,958 - $676,000

5 Beds
3.5 Baths
2,540 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $330,000 $130 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,698/month

16 Days on Market

Highlights

  • Lake Privileges
  • Colonial Architecture
  • Covered Patio or Porch
  • Commerce Elementary School Rated A
  • Deck
  • 2 Car Direct Access Garage

About This Home

As of July 2016

This stylish 5 bedroom colonial has it all!! A professionally finished walkout basement, impressive 2-story foyer, lovely kitchen with lots of counter space and island, and a peaceful master bedroom suite with garden tub. There is also a 2nd floor laundry space and an exercise room on the walkout level. The 5th bedroom is currently used as an office. You'll appreciate the tasteful, neutral decor throughout, plantation shutters in the family room, and hardwood flooring. The spacious elevated deck just off the kitchen is the perfect place to enjoy nature. 2 car + garage is extra deep with high ceilings - which is perfect for hobbies and toys! Family room and walkout level are pre-wired for surround sound. This well-maintained home is totally move-in ready!! GenTran full house generator hook-up, new windows(2015) with a transferable warranty and newer hot water heater(2013). Huron River access is just down the street. Acclaimed Walled Lake Schools. BATVAI

Last Agent to Sell the Property

Kori Adams

Coldwell Banker Realty-Commerce License #6501380276 Listed on: 05/12/2016

Coldwell Banker Realty-Commerce

Last Buyer's Agent

James Hoeft

Thrive Realty Company License #6501282957

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 69 x 175 x 78 x 179

HOA Fees

  • $11 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • River Club East Condo Occpn 753 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1703435009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

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
  • Year Built: 2000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal
  • Sq Ft Combined: 3640
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 2540
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Huron River/Fox Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: Site Condo
  • Exclusions: Yes
  • Exterior Features: Lighting, Satellite Dish
  • Foundation Materials: Poured
  • Frontage Feet: 69
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: 135
  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1196428.5714
  • Lot Size Area: 0.28
  • Lot Dimensions: 69 x 175 x 78 x 179
  • Parcel Number: 1703435009

Tax Info

  • Tax Amount Summer: 2466.0000
  • Tax Amount Winter: 1080.0000
  • Total Tax: 3546.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 4, 2016
Sold by
Rzemien Kevin J and Rzemien Constance M
Bought by
Lock Daniel Curtiss
Seller's Agent
Kori Adams
Coldwell Banker Realty-Commerce
Buyer's Agent
James Hoeft
Thrive Realty Company
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Current Estimated Value
$589,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,990
Avg. Annual Appreciation
6.45%
Original Mortgage
$264,000
Outstanding Balance
$210,887
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$379,103

Purchase Details

Closed on
Jul 18, 2001
Sold by
J C Development Co
Bought by
Rzemien Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.03%

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
Lock Daniel Curtiss $330,000 None Available
Rzemien Kevin J $75,000 --
J C Development $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lock Daniel Curtiss $264,000
Previous Owner Rzemien Kevin J $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $330,000 -1.5% $130 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $335,000 -- $132 / 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 $6,828 $221,380 $0 $0
2023 $6,468 $208,540 $0 $0
2022 $8,145 $179,710 $0 $0
2021 $7,746 $173,330 $0 $0
2020 $5,963 $177,050 $0 $0
2019 $7,455 $169,990 $0 $0
2018 $7,375 $153,370 $0 $0
2017 $7,459 $153,370 $0 $0
2016 $3,531 $142,980 $0 $0
2015 -- $137,920 $0 $0
2014 -- $127,190 $0 $0
2011 -- $109,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216045951

Realcomp

APN: 17-03-435-009