NOT LISTED FOR SALE

5530 Acorn Ln Unit 5, 75 Sterling Heights, MI 48314

Estimated Value: $237,000 - $245,290

2 Beds
2 Baths
1,622 Sq Ft
$150/mo HOA Fee

Last Sold September 14, 2017

Last sale price $158,500 $98 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,742/month

11 Days on Market

Highlights

  • Ranch Style House
  • Adlai Stevenson High School Rated 9+
  • 1.5 Car Garage

About This Home

As of September 2017

Absolutely Stunning 2 bedroom 2 bath condo in very desirable complex in Sterling Heights. Completely updated with 1.5 car garage and beautiful balcony. Pride of ownership without the worry of outside maintenance. Get in there today because it will be gone tomorrow.

Last Agent to Sell the Property

John Zangara

RE/MAX First License #MISPE-6501283223 Listed on: 07/28/2017

RE/MAX First

Last Buyer's Agent

Violet Ferro

Century 21 Professionals License #MISPE-6501278733

Century 21 Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 2003

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1.5 Car Garage

Home Design

  • 1,622 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Gateway Oaks Condo #760 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-05-278-075

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,417

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 2nd Flr Or Above
  • Year Built: 2003
  • Mail City: Sterling Heights
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 14
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On Upper Floor, Dimensions: 10 x 10
  • Kitchen: On Upper Floor, Dimensions: 12 x 10
  • Laundry: On Upper Floor, Dimensions: 5 x 8
  • Living Room: On Upper Floor, Dimensions: 17 x 17
  • Above Grade Finished Sq Ft: 1622
  • Total Finished Sq Ft: 1622

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 10-05-278-075
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,533.00

MLS Schools

  • School District: Utica Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 14, 2017
Sold by
Kizy Mike and Kizy Bianca
Bought by
Ferro Anthony K
Seller's Agent
John Zangara
RE/MAX First
Buyer's Agent
Violet Ferro
Century 21 Professionals
List Price
$169,999
Sold Price
$158,500
Premium/Discount to List
-$11,499
-6.76%
Current Estimated Value
$240,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,823
Avg. Annual Appreciation
5.55%
Original Mortgage
$126,800
Outstanding Balance
$70,568
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$173,375

Purchase Details

Closed on
Aug 16, 2013
Sold by
Kopietz Tom
Bought by
Kizy Mike and Asker Bianca

Purchase Details

Closed on
Sep 17, 2010
Sold by
Yousif Jonathan
Bought by
U S Bank National Association

Purchase Details

Closed on
May 27, 2005
Sold by
Reese Wendel A and Argent Mortgage Co Llc
Bought by
Ameriquest Funding Ii Reo Subsidiary

Purchase Details

Closed on
Dec 17, 2004
Sold by
Tansingco Michael O and Tansingco Fritzie
Bought by
Reese Wendel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2003
Sold by
Gateway Oaks Llc
Bought by
Tansingco Michael O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
9.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ferro Anthony K $158,500 Visionary Title Agency Llc
Kizy Mike $122,000 None Available
U S Bank National Association $81,000 None Available
Ameriquest Funding Ii Reo Subsidiary $161,737 --
Reese Wendel A $194,000 --
Tansingco Michael O $188,735 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferro Anthony K $126,800
Previous Owner Yousif Jonathan $27,000
Previous Owner Yousif Jonathan $10,800
Previous Owner Reese Wendel A $155,200
Previous Owner Tansingco Michael O $188,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $158,500 -4.5% $98 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/08/2017 08/08/17 Price Changed $165,999 -2.4% $102 / Sq Ft
07/28/2017 07/28/17 For Sale $169,999 -- $105 / Sq Ft
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 $3,417 $106,800 $0 $0
2024 $3,125 $100,700 $0 $0
2023 $2,950 $95,900 $0 $0
2022 $3,075 $86,600 $0 $0
2021 $3,012 $83,300 $0 $0
2020 $2,686 $81,800 $0 $0
2019 $2,752 $76,800 $0 $0
2018 $2,786 $70,600 $0 $0
2017 $1,759 $67,200 $6,000 $61,200
2016 $1,699 $67,200 $0 $0
2015 -- $64,700 $0 $0
2014 -- $37,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Zangara

    Seller's Agent in 2017

    John Zangara

    RE/MAX of Southeast Michigan

    (586) 329-4559

    2 in this area

    60 Total Sales

    John Zangara
    Section Image

  • V

    Buyer's Agent in 2017

    Violet Ferro

    Century 21 Professionals

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31326766

Michigan Multiple Listing Service

APN: 10-10-05-278-075

Michigan Macomb County Sterling Heights 48314

5530 Acorn Ln Unit 5, 75, Sterling Heights, MI

This home is located at 5530 Acorn Ln Unit 5, 75, Sterling Heights, MI 48314 since 28 July 2017 and is currently estimated at $240,323, approximately $148 per square foot. This property was built in 2003. 5530 Acorn Ln Unit 5, 75 is a home located in Macomb County with nearby schools including Schwarzkoff Elementary School, Davis Junior High School, and Adlai Stevenson 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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