NOT LISTED FOR SALE

5541 Meadow Ln Shelby Township, MI 48316

Estimated Value: $358,000 - $410,000

3 Beds
1.5 Baths
1,700 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $303,000 $178 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,393/month

1 Day on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Attached Garage
  • Malow Junior High School Rated A-
  • Porch
  • Patio

About This Home

As of May 2021

Move right into this well kept brick home in Shelby Township! Updated projects include an updated full bathroom, new floors throughout the home, as well as a remodeled kitchen in 2017. Rested on a large lot, the yard leaves plenty of space for outdoor activities and entertaining! A well maintained shed rests in the yard as well so you don't have to worry about using garage space for your tools. This spacious ranch has 3 bedrooms, 1.5 baths, 2 car garage. Schedule your showing today!

Last Agent to Sell the Property

Douglas Rahaim

DOBI Real Estate License #6501374444 Listed on: 03/22/2021

DOBI Real Estate

Last Buyer's Agent

Dana Beatty

Coldwell Banker Professionals Birm License #6501396833

Coldwell Banker Professionals Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971 | Remodeled in 2017

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 60x120

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • Family Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Twilight # 06 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0705476006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 1971 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1971
  • State Equalized Value: 120600.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1700
  • Total Sq Ft: 1700
  • Sq Ft Total Bsmt: 1375

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • 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: No

Schools

  • School District: Utica

Lot Info

  • Homestead: Yes
  • List Price per Acre: 852647.0500
  • Lot Size Area: 0.34
  • Lot Dimensions: 60x120
  • Parcel Number: 0705476006

Tax Info

  • Tax Amount Summer: 1543.0000
  • Tax Amount Winter: 1069.0000
  • Total Tax: 2612.0000
  • Taxable Value: 84192.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Gignac John Henry and Gignac Megan Marie
Bought by
Gignac John H and Gignac John H
Current Estimated Value
$379,113

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 12, 2021
Sold by
Lovasco Frank
Bought by
Gignac John Henry and Gignac Megan Marie
Seller's Agent
Douglas Rahaim
DOBI Real Estate
Buyer's Agent
Dana Beatty
Coldwell Banker Professionals Birm
List Price
$289,900
Sold Price
$303,000
Premium/Discount to List
$13,100
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Dec 17, 2015
Sold by
Lovasco Frank
Bought by
Lovasco Frank and Frank M Lovasco Living Trust

Purchase Details

Closed on
Nov 16, 2010
Sold by
Lovasco Frank and Lovasco John
Bought by
Lovasco Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,991
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2007
Sold by
Torres Raul Lopez and Lopez Maira
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Feb 11, 2005
Sold by
The Estate Of Mildred Von Seggern
Bought by
Torres Raul Lopez
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
Gignac John H -- None Listed On Document
Gignac John Henry $303,000 None Available
Lovasco Frank -- Attorney
Lovasco Frank -- Title Direct Llc
Hsbc Bank Usa Na $181,825 None Available
Torres Raul Lopez $216,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovasco Frank $125,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $303,000 +4.5% $178 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $289,900 -- $171 / 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 $4,595 $165,700 $0 $0
2024 $2,652 $154,300 $0 $0
2023 $2,512 $143,100 $0 $0
2022 $4,051 $132,100 $0 $0
2021 $2,631 $124,000 $0 $0
2020 $1,543 $120,600 $0 $0
2019 $2,408 $106,500 $0 $0
2018 $2,379 $98,000 $0 $0
2017 $2,336 $93,550 $29,950 $63,600
2016 $2,320 $93,550 $0 $0
2015 $2,287 $88,050 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Rahaim

    Seller's Agent in 2021

    Douglas Rahaim

    DOBI Real Estate

    (313) 590-5794

    3 in this area

    119 Total Sales

    Douglas Rahaim
    Section Image

  • D

    Buyer's Agent in 2021

    Dana Beatty

    Coldwell Banker Professionals Birm

    Section Image
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Map

Source: Realcomp

MLS Number: 2210018766

Realcomp

APN: 23-07-05-476-006

Michigan Macomb County Shelby Township 48316

5541 Meadow Ln, Shelby Township, MI

This home is located at 5541 Meadow Ln, Shelby Township, MI 48316 since 22 March 2021 and is currently estimated at $379,113, approximately $223 per square foot. This property was built in 1971. 5541 Meadow Ln is a home located in Macomb County with nearby schools including Switzer Elementary School, Malow Junior High School, and Eisenhower 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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