NOT LISTED FOR SALE

55692 Lorraine Dr Shelby Township, MI 48316

Estimated Value: $371,617 - $414,000

2 Beds
2 Baths
1,971 Sq Ft
$250/mo HOA Fee

Last Sold October 18, 2022

Last sale price $355,500 $180 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,680/month

5 Days on Market

Highlights

  • 2.59 Acre Lot
  • Deck
  • 2 Car Attached Garage
  • Malow Junior High School Rated A-
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Highest and best do by 9-21-5:00 pm Spacious custom condo located it quaint complex walking distance to Stoney Creek Park. Remodeled kitchen with new white cabinets, slow roll drawers, plenty of pull out cabinets and lazy Suzann, under counter lighting, new back splash and corian counter tops. Includes stove, fridge, dishwasher and microwave conventional oven. Great room with vaulted ceiling, gas fire place, door wall leading to deck. Primary bedroom with walk in closet and custom bath. Large loft area for second living room entertainment area. First floor laundry room, plenty of cabinets, washer, dryer negotiable. Newer 2019 thermal triple pane windows with argon filled glass. Nest thermostat newer central air 2 car attached garage with electric car hookup. Spacious back yard, mature trees throughout. Catch the bike trail to enjoy all the park has to offer, hiking, swimming, sledding & free concerts.

Last Agent to Sell the Property

Bernard Gallivan

RE/MAX First License #MISPE-6501218533 Listed on: 09/16/2022

RE/MAX First

Last Buyer's Agent

Jane Evans

@properties Christie's Int'l R E Rochester License #6501311170

@properties Christie's Int'l R E Rochester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 2003

Lot Details

  • 2.59

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,971 Sq Ft Home
  • Gas Fireplace
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-07-05-306-011

Community Details

Overview

  • Association fees include ground maintenance, snow removal, trash removal, water, maintenance structure
  • To Follow HOA
  • Park Place Village Condo Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,908

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 2003
  • Mail City: Shelby Twp
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 18 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 12 x 6, On Level: First
  • Bathroom 2: Dimensions: 7 x 8, On Level: First
  • Great Room: On 1st Floor, Dimensions: 24 x 14
  • Kitchen: On 1st Floor, Dimensions: 24 x 12
  • Laundry: Dimensions: 9 x 6
  • Sitting Room: On 2nd Floor, Dimensions: 24 x 13
  • Sun Room: On 1st Floor
  • Below Grade Sq Ft: 1617
  • Above Grade Finished Sq Ft: 1971
  • Total Finished Sq Ft: 1971

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash Removal, Water, Maintenance Structure
  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • Association Contact: To follow
  • Association Phone: 586-775-5757
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 23-07-05-306-011
  • Zoning: Residential
  • Acreage: 2.59
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Dogs Allowed, Size Limit

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,738.79
  • Winter Tax: Year: 2021, Amount: $1,169.00

MLS Schools

  • School District: Utica Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 17, 2022
Sold by
Jakubiak Daniel A and Jakubiak Mary M
Bought by
Romano Richard and Romano Ann
Seller's Agent
Bernard Gallivan
RE/MAX First
Buyer's Agent
Jane Evans
@properties Christie's Int'l R E Rochester
List Price
$350,500
Sold Price
$355,500
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$388,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,654
Avg. Annual Appreciation
2.94%
Original Mortgage
$248,850
Outstanding Balance
$239,215
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$148,939

Purchase Details

Closed on
Feb 9, 2004
Sold by
Boardwalk Building Co
Bought by
Jakubiak Daniel A and Jakubiak Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,600
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Romano Richard $355,500 --
Romano Richard $355,500 None Listed On Document
Jakubiak Daniel A $244,125 Greco
Boardwalk Building Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Richard $248,850
Closed Romano Richard $248,850
Previous Owner Boardwalk Building Co $36,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2022 10/18/22 Sold $355,500 +1.4% $180 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $350,500 -- $178 / 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 $4,661 $171,100 $0 $0
2024 $2,759 $159,900 $0 $0
2023 $2,613 $144,300 $0 $0
2022 $2,945 $136,300 $0 $0
2021 $2,865 $131,800 $0 $0
2020 $1,681 $127,700 $0 $0
2019 $2,623 $129,200 $0 $0
2018 $2,571 $116,700 $0 $0
2017 $2,544 $106,200 $15,000 $91,200
2016 $2,526 $106,200 $0 $0
2015 $2,490 $99,150 $0 $0
2013 $2,796 $85,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50090381

Michigan Multiple Listing Service

APN: 23-07-05-306-011