NOT LISTED FOR SALE

560 Lake Forest Rd Rochester Hills, MI 48309

Estimated Value: $467,008 - $531,000

4 Beds
2 Baths
2,572 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $233,000 $91 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,131/month

14 Days on Market

Highlights

  • Spa
  • 0.76 Acre Lot
  • Wood Flooring
  • University Hills Elementary School Rated A
  • Colonial Architecture
  • Tennis Courts

About This Home

As of July 2013

Unique Contemporary Home in a Beautiful Setting close to Rochester Schools. Four Bedrooms, Office, Separate Dining Rm, Living Rm, Family Rm w/fireplace. 3 Baths, Sliders from Kit & Family Rm to Patio. Walkout to Hot Tub. Upgrades include Granite Counters, Stainless Jenn-Air Appl., Skylights in Kit & Family Rm, Limestone & Wood Flrs, Brushed Nickel Light Fixtures. Newer Roof, Furnace and AC. Membership to Heart of the Hills Swim Club is transferable.

Last Agent to Sell the Property

Mary A. Ferrazza

Real Estate One-Roch License #MISPE-6501206811 Listed on: 05/24/2013

Real Estate One-Roch

Last Buyer's Agent

Brian Parkison

Real Estate One Troy License #MISPE-6501283280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1972

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 101x304

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Family Room with Fireplace
  • Living Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Attic Fan
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near a pond
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1516302016

Community Details

Recreation

  • Tennis Courts
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1972

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors, Security System, Sump Pump
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Humidifier, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 14
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 4: On Lower Floor, Dimensions: 20 x 12
  • Bathrooms Description: Basement Full Bath, First Flr Lavatory, Second Flr Lavatory
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Family Room, First Floor Laundry, Living Room
  • Dining Room: On Entry Level, Dimensions: 12 x 10
  • Family Room: On Entry Level, Dimensions: 17 x 12
  • Kitchen: On Entry Level, Dimensions: 18 x 11
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Library Den: On Lower Floor, Dimensions: 20 x 11
  • Living Room: On Entry Level, Dimensions: 19 x 17
  • Other Room1: Dimensions: 12x6, On Level: Lower
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2572
  • Total Finished Sq Ft: 2572

Exterior Features

  • Pool: Yes
  • Exterior: Brick, Wood
  • Exterior Features: Patio, Spa/Hot Tub, Street Lights
  • Foundation: Basement
  • Frontage: 101
  • Road: City/County, Private Road
  • Water Features: Pond

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Yearly
  • HOA Fee Includes: Community Pool
  • Community Features: Pool/Hot Tub, Tennis Courts
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 1516302016
  • Zoning: Residential
  • Location: Subdivision
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Rolling/Hilly, Treed, Wooded
  • Lot Dimensions: 101X304
  • Acreage: 0.76
  • Map Side Numeric: 15
  • Map Top Alpha: AC
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $1,816.00
  • Winter Tax: Year: 2012, Amount: $1,356.00

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2017
Sold by
Smith Benjamin and Smith Jill
Bought by
Smith Benjamin and Smith Jill
Current Estimated Value
$500,252

Purchase Details

Listed on
May 24, 2013
Closed on
Jul 3, 2013
Sold by
The Barbara Mabee Trust
Bought by
Smith Benjamin and Smith Jill
Seller's Agent
Mary A. Ferrazza
Real Estate One-Roch
Buyer's Agent
Brian Parkison
Real Estate One Troy
List Price
$239,900
Sold Price
$233,000
Premium/Discount to List
-$6,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$208,000
Outstanding Balance
$151,311
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$348,941

Purchase Details

Closed on
May 24, 2010
Sold by
Mabee Barbara and The Barbara Mabee Trust
Bought by
Mabee Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2002
Sold by
Mabee
Bought by
Barbara Mabee Tr
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
Smith Benjamin -- None Available
Smith Benjamin $233,000 Capital Title Insurance Agcy
Mabee Barbara -- Title Source Inc
Mabee Barbara -- Title Source Inc
Barbara Mabee Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin $208,000
Previous Owner Mabee Barbara $223,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2013 07/03/13 Sold $233,000 -2.9% $91 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $239,900 -- $93 / 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
2022 $2,286 $152,400 $0 $0
2018 $3,785 $149,640 $0 $0
2017 $3,711 $144,970 $0 $0
2015 -- $123,010 $0 $0
2014 -- $112,420 $0 $0
2011 -- $102,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31149609

Michigan Multiple Listing Service

APN: 15-16-302-016