NOT LISTED FOR SALE

5528 Lancaster Ln Commerce Township, MI 48382

Estimated Value: $509,000 - $735,000

4 Beds
4 Baths
2,701 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $426,000 $158 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,757/month

4 Days on Market

Highlights

  • Water Views
  • Dock Facilities
  • Colonial Architecture
  • Commerce Elementary School Rated A
  • Lake Privileges
  • Deck

About This Home

As of August 2016

SPECTACULAR TOTALLY UDATED WATERFRONT HOME located on premium River lot just a short boat ride to all Sports Fox Lake. This fabulous home features spacious, beautifully remodeled kitchen with granite counter tops. Open floorplan with kitchen opens to large family room with gas fireplace and Sunroom. Lots of hardwood flooring throughout first floor, Wonderfully redone master bedroom suite with cathedral ceiling, large walkin closet and new master bathroom you'll just love. 2 story foyer, 1st floor laundry, 4 bedrooms and so much more! Other recent updates include laundry room, floors, carpeting. Awesome finished walkout lower level has recreation and workout rooms and lots of space for entertaining. Loads of storage. Great landscaping and deck. Huge backyard great for outdoor fun. Boating, fishing, canoe, kayak just outside with spectacular water views. NEW ROOF and GARAGE DOOR 2016! Very convenient location near shopping, schools, lakes and lots of outdoor activities.

Last Agent to Sell the Property

Rick Nessel

National Realty Centers, Inc License #6501378895 Listed on: 06/19/2016

National Realty Centers, Inc

Last Buyer's Agent

Jason Jirovec

3DX Real Estate LLC License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001 | Remodeled in 2014

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 86x164x80x168

HOA Fees

  • $25 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,701 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

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 1703451090

Community Details

Overview

  • Cross Creek Of Commerce Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,276

Year Built

Built in 2001 | Remodeled in 2014

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 473.95
  • Year Built: 2001
  • Year Renovated: 2014
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Jetted Tub, Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 3961
  • Sq Ft Lower Floor: 1260
  • Total Sq Ft: 2701
  • Sq Ft Total Bsmt: 1335

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Fox Lake / Huron River
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 86
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: 300
  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1351612.9032
  • Lot Features: Water View
  • Lot Size Area: 0.31
  • Lot Dimensions: 86x164x80x168
  • Parcel Number: 1703451090

Tax Info

  • Tax Amount Summer: 2782.0000
  • Tax Amount Winter: 1494.0000
  • Total Tax: 4276.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2016
Closed on
Aug 15, 2016
Sold by
Marvin Jodie L and Marvin Dudley F
Bought by
Burns John and Burns Danielle
Seller's Agent
Rick Nessel
National Realty Centers, Inc
Buyer's Agent
Jason Jirovec
3DX Real Estate LLC
List Price
$419,000
Sold Price
$426,000
Premium/Discount to List
$7,000
1.67%
Current Estimated Value
$633,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,795
Avg. Annual Appreciation
4.42%
Original Mortgage
$328,800
Outstanding Balance
$261,835
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$371,960

Purchase Details

Closed on
Apr 19, 2002
Sold by
Hometowne Building Co
Bought by
Marvin Dudley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
7.18%

Purchase Details

Closed on
Jul 18, 2001
Sold by
E R Thomas Dev Co
Bought by
Hometowne Building Co By Mike
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
Burns John $426,000 None Available
Marvin Dudley F $98,000 --
Hometowne Building Co By Mike $90,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns John $328,800
Previous Owner Marvin Dudley F $286,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $426,000 +1.7% $158 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/19/2016 06/19/16 For Sale $419,000 -- $155 / 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 $4,568 $259,220 $0 $0
2023 $4,307 $236,160 $0 $0
2022 $6,786 $225,010 $0 $0
2021 $6,630 $222,420 $0 $0
2020 $4,256 $216,160 $0 $0
2019 $6,390 $199,610 $0 $0
2018 $6,432 $197,980 $0 $0
2017 $6,445 $197,980 $0 $0
2016 $4,249 $182,800 $0 $0
2015 -- $176,110 $0 $0
2014 -- $164,520 $0 $0
2011 -- $114,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216060412

Realcomp

APN: 17-03-451-090