5525 Lancaster Ln Commerce Township, MI 48382
Estimated Value: $491,000 - $683,000
4
Beds
4
Baths
2,661
Sq Ft
$219/Sq Ft
Est. Value
About This Home
This home is located at 5525 Lancaster Ln, Commerce Township, MI 48382 and is currently estimated at $582,552, approximately $218 per square foot. 5525 Lancaster Ln 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2009
Sold by
Long Andrew T and Long Yolanda F
Bought by
Badrya Kusai
Current Estimated Value
Purchase Details
Closed on
Mar 23, 2004
Sold by
Long Andrew T and Long Yolanda F
Bought by
Long Andrew T and Long Yolanda F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 21, 2001
Sold by
Hometowne Building Co
Bought by
Long Andrew T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
7.13%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Badrya Kusai | $239,000 | Multiple | |
| Long Andrew T | -- | Title Direct | |
| Long Andrew T | $68,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Long Andrew T | $260,000 | |
| Previous Owner | Long Andrew T | $254,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,553 | $221,170 | $0 | $0 |
| 2023 | $2,407 | $201,280 | $0 | $0 |
| 2022 | $3,745 | $191,840 | $0 | $0 |
| 2021 | $3,673 | $189,740 | $0 | $0 |
| 2020 | $2,378 | $184,730 | $0 | $0 |
| 2019 | $3,499 | $170,620 | $0 | $0 |
| 2018 | $3,474 | $163,780 | $0 | $0 |
| 2017 | $3,423 | $163,780 | $0 | $0 |
| 2016 | $3,381 | $154,260 | $0 | $0 |
| 2015 | -- | $148,700 | $0 | $0 |
| 2014 | -- | $138,910 | $0 | $0 |
| 2011 | -- | $97,150 | $0 | $0 |
Source: Public Records
Map
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