NOT LISTED FOR SALE

5503 Shore Dr Orchard Lake, MI 48324

Estimated Value: $1,275,573 - $1,829,000

4 Beds
3 Baths
2,836 Sq Ft
$513/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $717,500 $253 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,952/month

65 Days on Market

Highlights

  • Lake Front
  • Cape Cod Architecture
  • No HOA
  • Dock Facilities
  • Jetted Tub in Primary Bathroom
  • 3 Car Direct Access Garage

About This Home

As of June 2012

THE FINEST LOCATION ON PRIVATE ALL SPORTS LAKE! SITUATED ON A PENINSULA WITH TOTAL LAKE FRONTAGE 252 FT. GORGEOUS VIEWS OF WATER FROM EVERY ROOM. TOTAL REDO IN 1996 COZY GREAT ROOM W/STONE FIREPLACE, SITTING ROOM AND A WONDERFUL SCREENED PORCH JUST A FEW FEET FROM A SMALL SANDY BEACH AND DOCK. HUGE MASTER SUITE. VACATION LIVING YEAR ROUND. AC IN 2005. SPRINKLER SYSTEM FED FROM LAKE. 2 DOCKS.

Last Agent to Sell the Property

Jeanne Tabashnik

Temporary Inactive Users License #6501272466 Listed on: 04/09/2012

Last Buyer's Agent

Lorraine Yalman

Signature Sotheby's International Realty Bham License #RCO-6501360448

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Lake Front

Home Design

  • Cape Cod Architecture
  • Slab Foundation

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Great Room with Fireplace
  • Crawl Space
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1816326027

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat Of Shady Beach Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,183

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Jetted Tub, Security Alarm (owned), Sound System
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2836
  • Total Sq Ft: 2836

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Crawl, Slab
  • Construction Materials: Aluminum, Wood
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • List Price per Acre: 4377778.0000
  • Lot Size Area: 0.18
  • Lot Dimensions: 60X130
  • Parcel Number: 1816326027

Tax Info

  • Tax Amount Summer: 12858.0000
  • Tax Amount Winter: 325.0000
  • Total Tax: 13183.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2012
Sold by
Pierucci Joe P and Pierucci Susan L
Bought by
Pierucci Joe P and Andson Michael S
Current Estimated Value
$1,455,893

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 15, 2012
Sold by
Teachman Gerard W and Teachman Mary Jean
Bought by
Pierucci Joe P
Seller's Agent
Jeanne Tabashnik
Temporary Inactive Users
Buyer's Agent
Lorraine Yalman
Signature Sotheby's International Realty Bham
List Price
$788,000
Sold Price
$717,500
Premium/Discount to List
-$70,500
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$417,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1995
Sold by
Brynn Thomas Joseph
Bought by
Teachman Gerard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.81%

Purchase Details

Closed on
Sep 1, 1993
Sold by
Dulmage Robert T and Dulmage Janet F
Bought by
Dulmage Robert T and Revocable Living Trust Of Robert T Dulma
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pierucci Joe P -- Franklin Title Agency Llc
Pierucci Joe P $717,500 None Available
Teachman Gerard W $350,000 --
Dulmage Robert T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierucci Joe P $417,000
Previous Owner Teachman Gerard W $270,750
Previous Owner Teachman Gerard W $322,700
Previous Owner Teachman Gerard W $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $717,500 -8.9% $253 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $788,000 -- $278 / 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 $14,343 $545,270 $0 $0
2023 $13,715 $520,080 $0 $0
2022 $12,782 $508,080 $0 $0
2021 $13,856 $511,610 $0 $0
2020 $13,194 $500,810 $0 $0
2019 $13,609 $490,790 $0 $0
2018 $13,791 $469,670 $0 $0
2017 $13,083 $469,650 $0 $0
2016 $13,208 $468,820 $0 $0
2015 -- $422,270 $0 $0
2014 -- $363,710 $0 $0
2011 -- $337,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeanne Tabashnik

    Temporary Inactive Users

  • L

    Buyer's Agent in 2012

    Lorraine Yalman

    Signature Sotheby's International Realty Bham

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Map

Source: Realcomp

MLS Number: 212035257

Realcomp

APN: 18-16-326-027

Michigan Oakland County Orchard Lake

5503 Shore Dr, Orchard Lake, MI

This home is located at 5503 Shore Dr, Orchard Lake, MI 48324 since 09 April 2012 and is currently estimated at $1,455,893, approximately $513 per square foot. This property was built in 1920. 5503 Shore Dr is a home located in Oakland County with nearby schools including Our Lady Of Refuge School and St Mary's Preparatory School.

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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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