NOT LISTED FOR SALE

5484 Teakwood Dr Monroe, MI 48161

Estimated Value: $604,000 - $628,142

4 Beds
3 Baths
3,841 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $525,000 $137 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,995/month

85 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Wood Flooring
  • 0.84 Acre Lot
  • Cathedral Ceiling
  • Fenced Yard

About This Home

As of January 2014

Well appointed executive home has undergone major updates in the past few years including all new Tigerwood floors, tile and carpeting, new granite and quartz counters, updated bathrooms, finished basement and so much more. This home is adorned with pillared halls, cove lighting, tray and vaulted ceilings, beautiful landscaping, and a large bricked patio. The open floor plan is wonderful for entertaining. Large room sizes,expansive closets and a vast, unfinished bonus room above the garage.

Last Agent to Sell the Property

Michelle Davis

RE/MAX Masters, INC. License #MCAR-6501335618 Listed on: 09/10/2013

RE/MAX Masters, INC.

Last Buyer's Agent

Michelle Davis

RE/MAX Masters, INC. License #MCAR-6501335618 Listed on: 09/10/2013

RE/MAX Masters, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 0.84 Acre Lot
  • Cul-De-Sac
  • Fenced Yard

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,841 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

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

Schools

  • Monroe High School

Utilities

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

Additional Features

  • Wheelchair Access
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 581220700300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,150

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: 1 Story
  • Total Tax Amount: 5150.16
  • Year Built: 1996
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Hardwood Floors, Sump Pump, Walk-In Closet, Wet Bar/Bar
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Full, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 16 x 20
  • Bedroom 2: On Main Floor, Dimensions: 18 x 19
  • Bedroom 3: On Main Floor, Dimensions: 12 x 14
  • Bedroom 4: On Main Floor, Dimensions: 12 x 16
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room Types: First Floor Laundry, Utility/Laundry Room, Primary Bathroom
  • Dining Room: On Main Floor, Dimensions: 15 x 16
  • Family Room: On Lower Floor, Dimensions: 58 x 20
  • Kitchen: On Main Floor, Dimensions: 16 x 30
  • Living Room: On Main Floor, Dimensions: 26 x 19
  • Other Room1: Dimensions: 15x10, On Level: Main
  • Other Room 2: Dimensions: 15x20, On Level: Main
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3841
  • Total Finished Sq Ft: 3841

Exterior Features

  • Exterior: Brick
  • Exterior Features: Wheelchair Access, Fenced Yard, Spa/Hot Tub

Garage/Parking

  • Garage: Gar Door Opener, Side Loading Garage, Attached Garage
  • Garage Spaces: 3
  • Parking: Garage
  • 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

  • High School: MONROE

Lot Info

  • Assessor Parcel Number: 581220700300
  • Lot Description: Treed
  • Lot Dimensions: 70xIRREG
  • Acreage: 0.84
  • Geo Subdivision: MI
  • Site/Lot Features: Cul-De-Sac

Tax Info

  • Summer Tax: Amount: $2,256.40
  • Winter Tax: Amount: $2,893.76
  • Total Tax: Amount: $5,150.16

MLS Schools

  • School District: Monroe Public Schools
  • HighSchool: MONROE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2013
Closed on
Jan 17, 2014
Sold by
Ford William L and Ford Judith Kathleen
Bought by
The Peter Gary Kennon & Joan Marie Kenno
Seller's Agent
Michelle Davis
RE/MAX Masters, INC.
Buyer's Agent
Michelle Davis
RE/MAX Masters, INC.
List Price
$580,000
Sold Price
$525,000
Premium/Discount to List
-$55,000
-9.48%
Current Estimated Value
$612,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,047
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
Jul 15, 2010
Sold by
Monroe Bank And Trust
Bought by
Ford William L and Ford Judith Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.81%
Mortgage Type
New Conventional
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
The Peter Gary Kennon & Joan Marie Kenno $525,000 First American Title Ins Co
Ford William L $412,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ford William L $180,000
Previous Owner Ford William L $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $525,000 -9.5% $137 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $580,000 -- $151 / 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 $7,527 $319,550 $319,550 $0
2024 $2,832 $308,150 $0 $0
2023 $2,698 $257,500 $0 $0
2022 $6,809 $257,500 $0 $0
2021 $6,570 $248,250 $0 $0
2020 $6,479 $242,950 $0 $0
2019 $2,407 $242,950 $0 $0
2018 $5,473 $244,700 $0 $0
2017 $5,345 $244,700 $0 $0
2016 $5,446 $238,800 $0 $0
2015 $5,110 $205,450 $0 $0
2014 $5,103 $205,450 $0 $0
2013 -- $201,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20373458

Michigan Multiple Listing Service

APN: 12-207-003-00