NOT LISTED FOR SALE

5624 Lancaster Ln Commerce Township, MI 48382

Estimated Value: $521,000 - $751,000

5 Beds
3.5 Baths
2,970 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $415,000 $140 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,722/month

63 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Commerce Elementary School Rated A
  • Lake Privileges
  • Deck

About This Home

As of October 2019

*JUST REDUCED*OPEN HOUSE SUNDAY, AUGUST 18TH 1-3PM* Waterfront colonial with Walled Lake Schools. Space to roam inside and out in this 5 bedroom, 3 1/2 bath, nearly 3,000 sq ft home, not to mention the huge 1,100 sq ft walkout with extra tall ceilings. Whether you want a house for entertaining or your own private oasis on a canal leading to all sports Fox lake, this is the one for you. Soaring ceilings on the main floor with a gas fireplace, updated kitchen, office/library, 2nd floor and lower level laundry, generator hookup, sprinklers pumped from the canal, multi level deck with a dock on the canal as well, too many details to list on this one. HOA dues to increase from $200/yr to $300/yr beginning January 2020. BATVAI.

Last Agent to Sell the Property

Michael Morfitt

Community Choice Realty Inc License #6501386157 Listed on: 06/26/2019

Community Choice Realty Inc

Last Buyer's Agent

Michael Morfitt

Community Choice Realty Inc License #6501386157 Listed on: 06/26/2019

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2002

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 72.00x72.70
  • 70 Feet of Waterfront
  • River Front
  • Home fronts a canal

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,970 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1703451096
  • $5,000 Seller Concession

Community Details

Overview

  • Cross Creek Of Commerce Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,087

Year Built

Built in 2002

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 456.58
  • Year Built: 2002
  • State Equalized Value: 193440.0000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3183
  • Sq Ft Lower Floor: 213
  • Total Sq Ft: 2970
  • Sq Ft Total Bsmt: 1135

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Fox Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 70
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 70.00
  • Waterfront Description: Canal Front, Lake/River Priv, River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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 Frequency: Annually
  • Association Fee: 200
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1194166.6667
  • Lot Size Area: 0.36
  • Lot Dimensions: 72.00X72.70
  • Parcel Number: 1703451096

Tax Info

  • Tax Amount Summer: 4053.0000
  • Tax Amount Winter: 2034.0000
  • Total Tax: 6087.0000
  • Taxable Value: 187090.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 4, 2019
Sold by
Lesnek Daniel E and Lesnek Jennifer B
Bought by
Krieger Ryan S and Krieger Kathleen A
Seller's Agent
Michael Morfitt
Community Choice Realty Inc
Buyer's Agent
Michael Morfitt
Community Choice Realty Inc
List Price
$449,900
Sold Price
$415,000
Premium/Discount to List
-$34,900
-7.76%
Current Estimated Value
$625,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,364
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Jan 23, 2015
Closed on
Mar 12, 2015
Sold by
Powell Walter
Bought by
Lesnek Daniel E and Lesnek Jennifer B
Seller's Agent
Randy Wilcox
KW Showcase Realty
Buyer's Agent
Edith Veenstra Richardson
Braven Enterprises LLC
List Price
$374,900
Sold Price
$375,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$356,250
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2013
Closed on
Jul 18, 2013
Sold by
Williams Patricia A
Bought by
Powell Walter
Seller's Agent
Pat Williams
Temporary Inactive Users
Buyer's Agent
Susan Kosmalski
365 REALTY
List Price
$400,000
Sold Price
$345,000
Premium/Discount to List
-$55,000
-13.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
May 11, 2013
Sold by
Williams Christopher A and Williams Christopher
Bought by
Williams Patricia A

Purchase Details

Closed on
Sep 30, 2005
Sold by
Law Robert C
Bought by
Williams Christopher A and Williams Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 2003
Sold by
Hometowne Building Co Llc
Bought by
Law Robert C

Purchase Details

Closed on
Jul 18, 2001
Sold by
E R Thomas Dev Co
Bought by
Hometowne Building Co
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
Krieger Ryan S $415,000 Title Solutions Agency Llc
Lesnek Daniel E $375,000 Title Express Llc
Powell Walter $345,000 Interstate Title Inc
Williams Patricia A -- Interstate Title Inc
Williams Christopher A $406,000 Capital Title Ins Agency
Law Robert C $370,000 Metropolitan Title Company
Hometowne Building Co $90,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lesnek Daniel E $356,250
Previous Owner Williams Christopher A $324,800
Closed Williams Christopher A $60,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2019 10/04/19 Sold $415,000 -3.5% $140 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $429,900 -2.3% $145 / Sq Ft
07/15/2019 07/15/19 Price Changed $439,900 -2.2% $148 / Sq Ft
06/26/2019 06/26/19 For Sale $449,900 +20.0% $151 / Sq Ft
03/12/2015 03/12/15 Sold $375,000 0.0% $126 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $374,900 +8.7% $126 / Sq Ft
07/17/2013 07/17/13 Sold $345,000 -13.8% $116 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $400,000 -- $135 / 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 $4,792 $257,790 $0 $0
2023 $4,518 $234,650 $0 $0
2022 $7,099 $223,650 $0 $0
2021 $6,993 $221,160 $0 $0
2020 $4,506 $215,360 $0 $0
2019 $6,153 $199,520 $0 $0
2018 $6,087 $192,830 $0 $0
2017 $5,999 $192,830 $0 $0
2016 $5,955 $181,620 $0 $0
2015 -- $174,910 $0 $0
2014 -- $163,400 $0 $0
2011 -- $109,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219062282

Realcomp

APN: 17-03-451-096