NOT LISTED FOR SALE

5506 Acorn Ln Unit 83 Sterling Heights, MI 48314

Estimated Value: $198,000 - $224,000

2 Beds
2 Baths
1,070 Sq Ft
$278/mo HOA Fee

Last Sold April 20, 2023

Last sale price $175,000 $164 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,702/month

24 Days on Market

Highlights

  • Raised Ranch Architecture
  • End Unit
  • Balcony
  • Cathedral Ceiling
  • Great Room with Fireplace
  • Porch

About This Home

As of April 2023

Move right into your freshly painted, newly carpeted carefree lifestyle condo in northern Sterling Heights. Easy commuting to anywhere with quick access to M-59. Kitchen cabinets have been refinished and new ceramic just installed. Plenty of counter space for the chef in you! Primary bedroom has an ensuite bath. 2nd bedroom features a doorwall to balcony. In-unit laundry room. Newer mechanicals for peace of mind!

Last Agent to Sell the Property

Robbin Barnes

Berkshire Hathaway HomeServices Kee Realty Wash License #MISPE-6506044043 Listed on: 02/22/2023

Berkshire Hathaway HomeServices Kee Realty Wash

Last Buyer's Agent

Jessica Soop

Real Broker LLC Troy License #6501423277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • End Unit

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,070 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10-10-05-278-083

Community Details

Overview

  • Association fees include ground maintenance, trash removal
  • Https://Gowolverineproperties.Com HOA
  • Gateway Oaks Condo #760 Subdivision
  • Maintained Community

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,494

Year Built

Built in 2003

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: Attached
  • Type Of Property: Condominium
  • Architecture Style: End Unit, Raised Ranch
  • Structure Style: Condo/Ranch 2nd Flr Or Above
  • Total Tax Amount: 1494
  • Total Tax Year: 2022
  • Year Built: 2003
  • Mail City: Sterling Heights
  • Unit Number Building Number: 83
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Fire Sprinkler, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Humidifier, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Grt Rm Fireplace
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 13 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 12 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 6, On Level: Main, Flooring: Ceramic
  • Bathroom 2: Dimensions: 7 x 6, On Level: Main, Flooring: Ceramic
  • Room Types: Great Room, First Flr Lavatory, Primary Bdrm Suite, Dining "L"
  • Great Room: On Main Floor, Dimensions: 15 x 11
  • Great Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 11 x 10
  • Kitchen Floor Covering: Ceramic
  • Laundry: On Main Floor, Dimensions: 6 x 6
  • Laundry Room Floor Covering: Ceramic
  • Above Grade Finished Sq Ft: 1070
  • Total Finished Sq Ft: 1070

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Exterior Balcony, Porch
  • Foundation: Slab
  • Road: Private Road
  • Sideof Street: S
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 1
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • 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 Fee Includes: Maintenance Grounds, Trash Removal
  • HOA Fees: 278
  • HOA Fee Frequency: Monthly
  • Community Features: Grounds Maintenance, Street Lights
  • Association Contact: https://gowolverineproperties.com
  • Association Phone: 855-647-6200
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 10-10-05-278-083
  • Zoning: Multi-Family
  • Lot Dimensions: xxXxx
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Call For Pet Restrictions, Number Limit, Size Limit

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,494.00
  • Winter Tax: Year: 2021, Amount: $396.00
  • Taxable Value: 34503
  • Total Tax: Year: 2022, Amount: $1,494.00
  • SEV Year: 2022

MLS Schools

  • School District: Utica Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 20, 2023
Sold by
Thakkar Mehul
Bought by
Tandoc Phoebe
Seller's Agent
Robbin Barnes
Berkshire Hathaway HomeServices Kee Realty Wash
Buyer's Agent
Jessica Soop
Real Broker LLC Troy
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Views
419
Current Estimated Value
$209,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,653
Avg. Annual Appreciation
7.99%
Original Mortgage
$140,000
Outstanding Balance
$136,425
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$72,420

Purchase Details

Closed on
Dec 23, 2003
Sold by
Gateway Oaks Llc
Bought by
Thakkar Mehul A and Moura Thakkar Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,911
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Tandoc Phoebe $175,000 Premier Title
Thakkar Mehul A $147,275 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tandoc Phoebe $140,000
Previous Owner Thakkar Mehul A $31,400
Previous Owner Thakkar Mehul A $125,600
Previous Owner Thakkar Mehul A $139,911
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $175,000 -7.8% $164 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $189,900 -2.4% $177 / Sq Ft
03/10/2023 03/10/23 Price Changed $194,500 -0.2% $182 / Sq Ft
02/22/2023 02/22/23 For Sale $194,900 0.0% $182 / Sq Ft
03/13/2020 03/13/20 Rented $1,350 0.0% --
03/10/2020 03/10/20 Under Contract -- -- --
02/28/2020 02/28/20 For Rent $1,350 +17.4% --
03/17/2016 03/17/16 Rented $1,150 -4.2% --
02/29/2016 02/29/16 Under Contract -- -- --
02/12/2016 02/12/16 For Rent $1,200 +20.0% --
01/21/2012 01/21/12 Rented $1,000 0.0% --
01/21/2012 01/21/12 Under Contract -- -- --
01/07/2012 01/07/12 For Rent $1,000 -- --
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 $3,197 $89,800 $0 $0
2024 $2,924 $83,200 $0 $0
2023 $1,262 $79,100 $0 $0
2022 $1,899 $72,200 $0 $0
2021 $1,859 $68,800 $0 $0
2020 $1,431 $66,300 $0 $0
2019 $1,737 $63,100 $0 $0
2018 $1,741 $54,400 $0 $0
2017 $1,686 $53,100 $6,000 $47,100
2016 $1,647 $53,100 $0 $0
2015 -- $52,200 $0 $0
2014 -- $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50102063

Michigan Multiple Listing Service

APN: 10-10-05-278-083