NOT LISTED FOR SALE

5542 Lancaster Ln Commerce Township, MI 48382

Estimated Value: $540,000 - $732,000

4 Beds
5 Baths
3,105 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $465,000 $150 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,565/month

42 Days on Market

Highlights

  • 89 Feet of Waterfront
  • Boat Facilities
  • Colonial Architecture
  • Commerce Elementary School Rated A
  • Lake Privileges
  • Deck

About This Home

As of October 2018

Gorgeous waterfront views from every room. Situated on the Huron River with access to all-sports Fox Lake. Wood flooring throughout entire first floor.
Newly updated kitchen with quartz counter tops and new stainless steel appliances. Master bedroom with vaulted beamed ceiling. Relax in your own spa like bath with dual sinks, soaking tub and dual shower heads. Three spacious bedrooms with an additional on suite for your guests to stay in. Private library with barn door. Large finished walk-out basement with loads of windows for natural lighting. New furnace and AC. New carpet throughout. Whole house generator. Extra deep 2 car garage.

Last Agent to Sell the Property

Anna Lawley

National Realty Centers, Inc License #6501374841 Listed on: 08/02/2018

National Realty Centers, Inc

Last Buyer's Agent

Susan Miller

National Realty Centers, Inc License #RCO-6501311997

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000 | Remodeled in 2017

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 45x177x89x154
  • 89 Feet of Waterfront
  • River Front
  • Home fronts a canal
  • Property fronts a private road

HOA Fees

  • $17 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,105 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Washer

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Deck

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Heating system powered by renewable energy
  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1703451091

Community Details

Overview

  • Cross Creek Of Commerce Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,890

Year Built

Built in 2000 | Remodeled in 2017

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 452.07
  • Year Built: 2000
  • Year Renovated: 2017
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Disposal, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Microwave, Range/Stove, Washer
  • Sq Ft Combined: 4105
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 3105
  • Sq Ft Total Bsmt: 1450

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Huron River/Fox Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Porch Type: Deck
  • Road Frontage Type: Private
  • Water Frontage Feet: 89.00
  • Waterfront Description: Canal Front, Lake/River Priv, River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), ENERGY STAR® Qualified A/C Equipment
  • Heating: ENERGY STAR® Qualified Furnace Equipment, 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: 200
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1696071.4286
  • Lot Size Area: 0.28
  • Lot Dimensions: 45x177x89x154
  • Parcel Number: 1703451091

Tax Info

  • Tax Amount Summer: 3925.0000
  • Tax Amount Winter: 1965.0000
  • Total Tax: 5890.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Oct 15, 2018
Sold by
Lawley Anna
Bought by
Fike James Brent and Probert Sarah Louise
Seller's Agent
Anna Lawley
National Realty Centers, Inc
Buyer's Agent
Susan Miller
National Realty Centers, Inc
List Price
$497,000
Sold Price
$465,000
Premium/Discount to List
-$32,000
-6.44%
Current Estimated Value
$604,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,105
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Apr 10, 2000
Sold by
E R Thomas Dev Co
Bought by
Hometowne Building Co
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
Fike James Brent $465,000 Title Express Llc
Hometowne Building Co $98,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2018 10/15/18 Sold $465,000 -2.1% $150 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $474,900 -0.9% $153 / Sq Ft
08/07/2018 08/07/18 Price Changed $479,000 -3.6% $154 / Sq Ft
08/02/2018 08/02/18 For Sale $497,000 +36.9% $160 / Sq Ft
08/30/2016 08/30/16 Sold $363,000 -6.9% $117 / Sq Ft View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $390,000 -- $126 / 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 $4,259 $236,960 $0 $0
2023 $4,015 $217,830 $0 $0
2022 $6,362 $207,640 $0 $0
2021 $6,213 $205,340 $0 $0
2020 $3,968 $200,890 $0 $0
2019 $5,992 $186,110 $0 $0
2018 $5,878 $179,640 $0 $0
2017 $5,890 $179,640 $0 $0
2016 $4,065 $169,390 $0 $0
2015 -- $163,180 $0 $0
2014 -- $152,530 $0 $0
2011 -- $109,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218074210

Realcomp

APN: 17-03-451-091