NOT LISTED FOR SALE

551 Terrace Ct Canton, MI 48188

Estimated Value: $691,478 - $723,000

4 Beds
4 Baths
3,011 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $425,000 $141 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,158/month

70 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Direct Access Garage
  • Patio
  • Canton High School Rated A
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

TRULY A DISTINCTIVE EXTERIOR WITH A COURT LOCATION. THIS 4 BEDROOM, 2.2 BATH COLONIAL IN FAIRWAY WEST OFFERS A 2 STORY FOYER, LIBRARY WITH CUSTOM BUILT INS, ELEGANT LIVING ROOM AND DINING ROOM W/ FLOOR TO CEILING WINDOWS. THE KITCHEN IS PERFECT WITH CENTER ISLAND COOK TOP, TONS OF CUPBOARDS AND COUNTERS (CORIAN) AND OPEN TO BREAKFAST AREA W/ DOOR WALL ACCESS TO PAVER PATIO AND FAMILY ROOM WITH CORNER WINDOWS. MASTER SUITE W/ WIC, TUB, AND SHOWER. THE LOWER LEVEL IS PROFESSIONALLY FINISHED WITH REC ROOM, EXERCISE ROOM, AND KITCHEN. NEWER HRDWD ON MAIN FLOOR AND NEWER CARPET ON THE UPPER LEVEL. FIRST FLOOR LAUNDRY, 3 CAR GARAGE, NEWER ROOF AND DOOR WALL.

Last Agent to Sell the Property

Nancy Petrucelli

KW Professionals License #6501218468 Listed on: 10/22/2015

KW Professionals

Last Buyer's Agent

Andrew Rea

Century 21 Town & Country License #RCO-6501330137

Century 21 Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 151.00x151.00

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,011 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • Fairways Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71077010088000
  • $12,600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,934

Year Built

Built in 1998

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 140
  • Year Built: 1998
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 3011

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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 Frequency: Annually
  • Association Fee: 450
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1163888.8889
  • Lot Size Area: 0.36
  • Lot Dimensions: 151.00X151.00
  • Parcel Number: 71077010088000

Tax Info

  • Tax Amount Summer: 2820.0000
  • Tax Amount Winter: 3114.0000
  • Total Tax: 5934.0000

MLS Schools

  • School District: Plymouth Canton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Hill Harry J
Bought by
Short Brian
Current Estimated Value
$706,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,600
Outstanding Balance
$478,632
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$227,988

Purchase Details

Listed on
Oct 22, 2015
Closed on
Feb 15, 2016
Sold by
Barnes Thomas J and Price Jennifer M
Bought by
Hill Harry J and Hill Shanna M
Seller's Agent
Nancy Petrucelli
KW Professionals
Buyer's Agent
Andrew Rea
Century 21 Town & Country
List Price
$424,000
Sold Price
$425,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$403,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Prudential Relocation Inc
Bought by
Barnes Thomas J

Purchase Details

Closed on
Nov 1, 2005
Sold by
Bigas Dimitrios J and Bigas Aggeliki
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Sep 30, 2004
Sold by
Rogers David and Rogers Diana
Bought by
Bigas Dimitrios J

Purchase Details

Closed on
Apr 21, 2003
Sold by
Rogers David E
Bought by
Rogers David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Poole Darrell W
Bought by
Rogers David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1999
Sold by
Hom Lewiston Crescentini
Bought by
Poole Darrell W
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
Short Brian $617,000 None Listed On Document
Hill Harry J $425,000 First Centennial Title
Barnes Thomas J $410,000 Metropolitan Title Company
Prudential Relocation Inc $445,500 Metropolitan Title Company
Bigas Dimitrios J $467,500 Multiple
Rogers David E -- First Michigan Title Inc
Rogers David E $418,000 --
Poole Darrell W $350,420 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Brian $493,600
Previous Owner Hill Harry J $403,750
Previous Owner Rogers David E $149,000
Previous Owner Rogers David E $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $425,000 +0.2% $141 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $424,000 -- $141 / 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
2025 $5,060 $309,800 $0 $0
2024 $5,060 $280,500 $0 $0
2023 $4,997 $240,700 $0 $0
2022 $8,508 $218,600 $0 $0
2021 $8,253 $211,400 $0 $0
2020 $8,153 $207,000 $0 $0
2019 $8,001 $200,190 $0 $0
2018 $3,357 $200,170 $0 $0
2017 $8,028 $185,100 $0 $0
2016 $6,387 $190,200 $0 $0
2015 $16,169 $181,060 $0 $0
2013 $15,664 $170,070 $0 $0
2010 -- $152,200 $77,758 $74,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215113888

Realcomp

APN: 71-077-01-0088-000