NOT LISTED FOR SALE

5460 Teakwood Dr Monroe, MI 48161

Estimated Value: $509,476 - $619,000

4 Beds
2 Baths
3,558 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $340,000 $96 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,573/month

289 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Corner Lot
  • 0.56 Acre Lot
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of October 2014

FIRST TIME OFFERED! PRICED TO SELL QUICK!! SELLER WILL REVIEW ALL REASONABLE OFFERS!! BEAUTIFUL HOME IN TEAKWOOD ESTATES! OPEN FLOOR PLAN, LG KITCHEN W/BEAUTIFUL EATING AREA &FIREPLACE. BEAUTIFULLY MAINTAINED. PELLA WINDOWS W/BLIND INSERTS. GRANITE COUNTERS, HARDWOOD FLOORS, MAIN FLOOR MASTER SUITE. NEW FURNACE AND HOT WATER HEATER. BEAUTIFULLY LANDSCAPED CORNER LOT. LARGE BONUS ROOM. PICTURES DO NOT DO IT JUSTICE.

Last Agent to Sell the Property

Annette Perna-Taormina

Gerweck Real Estate in Monroe License #MCAR-6502357318 Listed on: 12/13/2013

Last Buyer's Agent

Annette Perna-Taormina

Gerweck Real Estate in Monroe License #MCAR-6502357318 Listed on: 12/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 0.56 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,558 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2.5 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Schools

  • Custer Elementary School
  • Monroe High School

Utilities

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

Community Details

  • Ravenwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5812 207 001 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,430

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 4430
  • Year Built: 1996
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bay Window, Cable/Internet Avail., Hardwood Floors, Fire Sprinkler, Sump Pump, Walk-In Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Full, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 17 x 13
  • Bedroom 2: On Upper Floor, Dimensions: 14 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 12
  • Bedroom 4: On Upper Floor, Dimensions: 14 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: First Floor Laundry, Primary Bathroom
  • Dining Room: On Main Floor, Dimensions: 15 x 11
  • Kitchen: On Main Floor, Dimensions: 27 x 21
  • Living Room: On Main Floor, Dimensions: 18 x 16
  • Other Room1: Dimensions: 18x14, On Level: Upper
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3558
  • Total Finished Sq Ft: 3558

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio, Spa/Hot Tub

Garage/Parking

  • Garage: Gar Door Opener, Side Loading Garage, Attached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Schools

  • Elementary School: CUSTER
  • High School: MONROE

Lot Info

  • Assessor Parcel Number: 5812 207 001 00
  • Lot Description: Treed
  • Lot Dimensions: 121X202 IRR
  • Acreage: 0.56
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Cul-De-Sac

Rental Info

  • Application Fee: 16503

Tax Info

  • Summer Tax: Amount: $1,956.00
  • Winter Tax: Amount: $2,474.00
  • Total Tax: Amount: $4,430.00

MLS Schools

  • Elementary School: CUSTER
  • School District: Monroe Public Schools
  • HighSchool: MONROE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2013
Closed on
Oct 3, 2014
Sold by
Roberts Betty C
Bought by
Galati Vincent G and Galati Heidi A
Seller's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
Buyer's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
List Price
$590,000
Sold Price
$340,000
Premium/Discount to List
-$250,000
-42.37%
Total Days on Market
289
Current Estimated Value
$556,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,119
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Feb 1, 1996
Sold by
Ravenwyck Dev Co
Bought by
Roberts Elmer and Roberts Betty C
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
Galati Vincent G $340,000 Lawyers Title
Roberts Elmer $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $340,000 -42.4% $96 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $590,000 -- $166 / 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 $6,123 $255,850 $255,850 $0
2024 $2,304 $246,900 $0 $0
2023 $2,194 $206,800 $0 $0
2022 $5,538 $206,800 $0 $0
2021 $5,344 $199,550 $0 $0
2020 $5,270 $195,650 $0 $0
2019 $1,958 $195,650 $0 $0
2018 $4,451 $187,900 $0 $0
2017 $4,347 $187,900 $0 $0
2016 $4,427 $183,250 $0 $0
2015 $4,156 $175,400 $0 $0
2014 $4,354 $175,400 $0 $0
2013 -- $179,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20388655

Michigan Multiple Listing Service

APN: 12-207-001-00