NOT LISTED FOR SALE

54406 Salem Dr Shelby Township, MI 48316

Estimated Value: $818,081 - $885,000

5 Beds
6 Baths
4,039 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $462,000 $114 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,253/month

192 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Covered Patio or Porch
  • Malow Junior High School Rated A-
  • Jetted Tub in Primary Bathroom
  • Balcony

About This Home

As of July 2016

"Carrington Manor" a collection of Estate styled Homes! This Estate offers 5 Bedrooms 4 full baths and 2 1/2 baths. The interior has been custom designed with spacious rooms and cathedral ceilings. This over 4000 square foot home features a formal dining room, Great Room & library w/french doors. Enjoy the Great Room with stunning fireplace that opens up to the eat-in-kitchen. The kitchen features a convenient center island, walk in pantry and doorwall leading out to the deck overlooking the backyard. The 1st floor laundry room includes washer & dryer. Next to the laundry room is a convenient side entry. Upstairs is the amazing master bedroom suite w/full bath, designer Whirlpool tub & WIC. A Jack & Jill bathroom connects two of the bedrooms each with a WIC. The guest bedroom has a WIC & full bath. The remarkable finished walk-out basement features a bonus 5th bedroom & full bath w/Whirlpool tub. Possible Land contract terms.

Last Agent to Sell the Property

Chris Lee

Real Estate One-Royal Oak License #6501233743 Listed on: 10/06/2015

Last Buyer's Agent

Chris Lee

Real Estate One-Royal Oak License #RCO-6501233743

Real Estate One-Royal Oak

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90 x 140 x 90 x 140

HOA Fees

  • $13 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,039 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • 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
  • Cable TV Available

Community Details

  • Carrington Manor Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0707251007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,082

Year Built

Built in 1997

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 4039

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Basement Access, Direct Access, Door Opener, Electricity, Side Entrance
  • 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: 150
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1672068.9655
  • Lot Size Area: 0.29
  • Lot Dimensions: 90 x 140 x 90 x 140
  • Parcel Number: 0707251007

Tax Info

  • Tax Amount Summer: 3492.0000
  • Tax Amount Winter: 2590.0000
  • Total Tax: 6082.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
May 25, 2016
Sold by
Bathla Pritam S and Bathla Kulwant K
Bought by
Jesudas Jeyakumar A and Jeyakumar Olive
Seller's Agent
Chris Lee
Real Estate One-Royal Oak
Buyer's Agent
Chris Lee
Real Estate One-Royal Oak
List Price
$499,500
Sold Price
$462,000
Premium/Discount to List
-$37,500
-7.51%
Current Estimated Value
$855,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,520
Avg. Annual Appreciation
6.86%
Original Mortgage
$369,600
Outstanding Balance
$294,352
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$561,168
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
Jesudas Jeyakumar A $462,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jesudas Jeyakumar A $369,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $462,000 -7.5% $114 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $499,500 -- $124 / 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 $9,138 $365,400 $0 $0
2024 $5,409 $357,800 $0 $0
2023 $5,122 $318,600 $0 $0
2022 $8,263 $293,600 $0 $0
2021 $8,037 $288,100 $0 $0
2020 $4,715 $278,000 $0 $0
2019 $7,358 $253,000 $0 $0
2018 $7,276 $246,500 $0 $0
2017 $7,281 $250,600 $39,650 $210,950
2016 $6,113 $250,600 $0 $0
2015 $6,025 $240,800 $0 $0
2013 $3,382 $199,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Lee

    Real Estate One

See All Agents

Map

Source: Realcomp

MLS Number: 215108142

Realcomp

APN: 23-07-07-251-007

Michigan Macomb County Shelby Township 48316

54406 Salem Dr, Shelby Township, MI

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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

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