NOT LISTED FOR SALE

55560 Timbers Edge Dr Shelby Township, MI 48316

Estimated Value: $646,000 - $742,000

5 Beds
4.5 Baths
5,060 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $665,000 $131 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,362/month

28 Days on Market

Highlights

  • Porch
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Morgan Elementary School Rated A-
  • Patio

About This Home

As of July 2024

Experience the ultimate in luxury with this spectacular 5 bedroom 4.5 bathroom split level home located in the desirable Shelby Township. This stunning property boasts all the features you could dream of, including a daylight basement with potential for a 6th bedroom and extra living space. The spacious oversized lot is adorned with elegant pavers and a breathtaking patio, perfect for outdoor entertaining. And with top-rated Utica schools, this home truly has it all. Primary suite on main floor with an additional bedroom with an ensuite on the second floor. This home as it all.

Last Agent to Sell the Property

Michele Milam

Canary Realty License #MISPE-6501415080 Listed on: 05/13/2024

Last Buyer's Agent

Monica Shamami

Realty Executives Home Towne License #6501317313

Realty Executives Home Towne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 92 x 160
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Great Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Eisenhower High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Timbers Edge Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-07-04-424-002

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Split Level
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 774900
  • Total Tax Year: 2024
  • Year Built: 2006
  • Mail City: Utica
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: Grt Rm Fireplace
  • Basement: Yes
  • Bedrooms: 5
  • Bedroom 1: On Entry Level, Dimensions: 17 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 20 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 4: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 5: On Upper Floor, Dimensions: 12 x 11
  • Full Bathrooms: 4
  • Total Bathrooms: 5
  • Bathroom 1: On Level: Entry
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Bathroom 4: On Level: Basement
  • Below Grade Sq Ft: 2068
  • Finished Below Grade Sq Ft: 1700
  • Above Grade Finished Sq Ft: 3360
  • Total Finished Sq Ft: 5060
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler, Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 92
  • Road: City/County
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 23-07-04-424-002
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 92 X 160
  • Acreage: 0.34
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Walk to School, Sidewalks

Tax Info

  • Summer Tax: Year: 2023, Amount: $4,563.00
  • Winter Tax: Year: 2023, Amount: $3,186.00
  • Total Tax: Year: 2024, Amount: $774,900.00

MLS Schools

  • School District: Utica Community Schools
  • HighSchool: Eisenhower

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 3, 2024
Sold by
Young Michael Loyd and Baxa-Young Cheryl
Bought by
Assy Fady and Assy Frans
Seller's Agent
Michele Milam
Canary Realty
Buyer's Agent
Monica Shamami
Realty Executives Home Towne
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%
Views
60
Current Estimated Value
$703,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,939
Avg. Annual Appreciation
4.44%
Original Mortgage
$532,000
Outstanding Balance
$525,498
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$178,441

Purchase Details

Closed on
Sep 17, 2021
Sold by
Baxa Young Cheryl Lynn and Young Michael
Bought by
Young Michael Lloyd and Baxa Young Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2015
Closed on
Mar 10, 2016
Sold by
Shaba Joe
Bought by
Baxa Cheryl and Young Michael
Seller's Agent
Roseanna Biondo
Berkshire Hathaway HomeServices Kee Realty Roch
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$472,000
Sold Price
$462,700
Premium/Discount to List
-$9,300
-1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$416,400
Interest Rate
3.68%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Allante Building Co
Bought by
Shaba Joe

Purchase Details

Closed on
Aug 30, 2005
Sold by
Sable Realty Ventures Ambassador I Lp
Bought by
Allante 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
Assy Fady $665,000 None Listed On Document
Young Michael Lloyd -- Premier Title Agency Llc
Baxa Cheryl -- --
Shaba Joe $420,000 Greco
Allante Building Co $90,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assy Fady $532,000
Previous Owner Young Michael Lloyd $456,000
Previous Owner Baxa Cheryl $416,400
Previous Owner Baxa Cheryl --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $665,000 -1.5% $131 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $675,000 +45.9% $133 / Sq Ft
02/26/2016 02/26/16 Sold $462,700 -2.0% $85 / Sq Ft View Prior Sale
01/25/2016 01/25/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $472,000 -- $87 / 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 $8,139 $328,300 $0 $0
2024 $4,817 $309,800 $0 $0
2023 $4,563 $278,300 $0 $0
2022 $7,593 $246,800 $0 $0
2021 $7,208 $235,700 $0 $0
2020 $4,200 $229,100 $0 $0
2019 $6,585 $229,100 $0 $0
2018 $6,560 $220,600 $0 $0
2017 $6,388 $203,400 $42,200 $161,200
2016 $5,112 $203,400 $0 $0
2015 $5,038 $192,700 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Milam

    Seller's Agent in 2024

    Michele Milam

    Canary Realty

    (586) 495-0957

    14 in this area

    147 Total Sales

    Michele Milam
    Section Image
  • Monica Shamami

    Buyer's Agent in 2024

    Monica Shamami

    Realty Executives

    (586) 504-4456

    5 in this area

    23 Total Sales

    Monica Shamami
    Section Image
  • Roseanna Biondo

    Seller's Agent in 2016

    Roseanna Biondo

    Berkshire Hathaway HomeServices Kee Realty Roch

    (586) 770-1012

    3 in this area

    26 Total Sales

    Roseanna Biondo
    Section Image
  • Donna Caumartin

    Seller Co-Listing Agent in 2016

    Donna Caumartin

    Berkshire Hathaway HomeServices Kee Realty

    (586) 243-9812

    3 in this area

    57 Total Sales

    Donna Caumartin
    Section Image

  • .

    Buyer's Agent in 2016

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50141830

Michigan Multiple Listing Service

APN: 23-07-04-424-002

Michigan Macomb County Shelby Township 48316

55560 Timbers Edge Dr, Shelby Township, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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