NOT LISTED FOR SALE

5505 Mill Race Way Unit 40 Commerce Township, MI 48382

Estimated Value: $526,628 - $571,000

4 Beds
2.5 Baths
2,523 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $342,000 $136 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,208/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Patio
  • Commerce Elementary School Rated A
  • Porch
  • Security System Owned

About This Home

As of March 2017

Gorgeous 4BR family home in desirable area - river/lake privileges to Huron River-Fox Lake. Grand 2story foyer, formal LivRoom & Din.Room, kitchen opens to spacious family room w/marble surround fireplace, kit has large island & pantry, newer SS appliances. MBR has huge master bath w/garden tub, shower & dual sinks, new window blinds and window treatments throughout, laundry on upper level, a fantastic finished basement w/ movie area (projector included), great play area for children or workout space, spacious brick paver patio overlooking large yard for the kids or pets, play structure to stay. Custom fire pit, large corner lot with beautiful landscaping. Convenient 220 line in garage - charge your car! Walled Lake schools. You are going to love it. OPEN SUNDAY 2-19-17 2-4PM. Exclusions.

Last Agent to Sell the Property

Michelle Widerstedt

Keller Williams Home License #6501310038 Listed on: 02/16/2017

Keller Williams Home

Last Buyer's Agent

Katelyn McClanahan

Mi Choice Realty License #6501322773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 86x70x161x144

HOA Fees

  • $11 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • River Club East Condo Occpn 753 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1703481001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,971

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
  • Assessment: 187.87
  • Year Built: 2000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3448
  • Sq Ft Lower Floor: 925
  • Total Sq Ft: 2523
  • Sq Ft Total Bsmt: 1239

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Frontage Feet: 86
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

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)
  • 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: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1232142.8571
  • Lot Size Area: 0.28
  • Lot Dimensions: 86x70x161x144
  • Parcel Number: 1703481001

Tax Info

  • Tax Amount Summer: 2768.0000
  • Tax Amount Winter: 1203.0000
  • Total Tax: 3971.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Eves Dan and Eves Daniel
Bought by
Lagures Roberto Guillermo Carranco and Carranco Ewa
Current Estimated Value
$545,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$337,374
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,033

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 31, 2017
Sold by
Chappell Christopher and Chappell Jennifer
Bought by
Eves Dan and Eves Andrea Nicole
Seller's Agent
Michelle Widerstedt
Keller Williams Home
Buyer's Agent
Katelyn McClanahan
Mi Choice Realty
List Price
$345,000
Sold Price
$342,000
Premium/Discount to List
-$3,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$324,900
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2011
Closed on
Apr 27, 2012
Sold by
Jonna Jeffrey and Jonna Amanda
Bought by
Chappell Christopher C and Chappell Jennifer A
Seller's Agent
Veronica Barbat
Lighthouse Real Estate Group Inc
Buyer's Agent
Michelle Widerstedt
Keller Williams Home
List Price
$269,800
Sold Price
$248,000
Premium/Discount to List
-$21,800
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$235,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2007
Sold by
Urena Maria D
Bought by
Jonna Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.27%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Urena Victor M
Bought by
Urena Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
J C Development Co
Bought by
Urena Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,120
Interest Rate
7.02%

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
Lagures Roberto Guillermo Carranco $400,000 Premier Title Agency Llc
Eves Dan $342,000 Title Express Llc
Chappell Christopher C $248,000 Attorneys Title Agency Llc
Jonna Jeffrey $302,000 Title Source Inc
Urena Maria D -- Title Source Inc
Urena Victor M $75,000 --
J C Development $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagures Roberto Guillermo Carranco $380,000
Previous Owner Eves Dan $324,900
Previous Owner Chappell Christopher C $235,600
Previous Owner Jonna Jeffrey $241,600
Previous Owner Urena Maria D $284,000
Previous Owner Urena Victor M $222,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2017 03/31/17 Sold $342,000 -0.9% $136 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $345,000 +39.1% $137 / Sq Ft
04/27/2012 04/27/12 Sold $248,000 -8.1% $98 / Sq Ft View Prior Sale
03/31/2012 03/31/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $269,800 -- $107 / 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 $3,771 $217,200 $0 $0
2023 $3,555 $204,660 $0 $0
2022 $5,419 $176,660 $0 $0
2021 $5,318 $170,260 $0 $0
2020 $3,390 $173,470 $0 $0
2019 $4,894 $166,310 $0 $0
2018 $4,866 $151,470 $0 $0
2017 $3,990 $151,470 $0 $0
2016 $3,939 $149,160 $0 $0
2015 -- $144,160 $0 $0
2014 -- $133,050 $0 $0
2011 -- $104,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Widerstedt

    Keller Williams Home

    Section Image
  • Katelyn McClanahan

    Buyer's Agent in 2017

    Katelyn McClanahan

    Mi Choice Realty

    (734) 365-9016

    87 Total Sales

    Katelyn McClanahan
    Section Image

  • V

    Seller's Agent in 2012

    Veronica Barbat

    Lighthouse Real Estate Group Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 217010806

Realcomp

APN: 17-03-481-001

Michigan Oakland County Commerce Township 48382

5505 Mill Race Way Unit 40, Commerce Township, MI

This home is located at 5505 Mill Race Way Unit 40, Commerce Township, MI 48382 since 16 February 2017 and is currently estimated at $545,407, approximately $216 per square foot. This property was built in 2000. 5505 Mill Race Way Unit 40 is a home located in Oakland County with nearby schools including Commerce Elementary School, Clifford H. Smart Middle School, and Walled Lake Northern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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