$55,000
SOLD OCT 30, 2024

5687 Carroll Lake Rd Commerce Township, MI 48382

1 Bed
1 Bath
384 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

39% Below List Price

122 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Commerce Elementary School Rated A
  • Shed

About This Home

As of October 2024

Cheap house in great location with deeded lake access to two lakes and many other close lakes with public access. Double Lot is 73x125. Ranch studio cinder block home with full basement. Small home and needs work. Due to the square footage even a complete renovation won't cost too much. Great starter home, rental property, or fishing cabin. Home can be added on to or add egress in basement for more square footage. Great location to tear down and build new home. Possible land contract. Seller is licensed real estate broker in the state of MI

Last Agent to Sell the Property

Randy Palmer

Palmer Realty Services LLC License #6502398245 Listed on: 06/15/2024

Last Buyer's Agent

Randy Palmer

Palmer Realty Services LLC License #6502398245 Listed on: 06/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 73x125x73x125

Home Design

  • 384 Sq Ft Home
  • Ranch Style House
  • Block Foundation

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Carroll Lake Heights Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1703430018

Home Details

Home Type

Single Family

Est. Annual Taxes

$864

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 237.00
  • Year Built: 1947
  • State Equalized Value: 42120.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 384
  • Total Sq Ft: 384
  • Sq Ft Total Bsmt: 384

Exterior Features

  • Waterfront Name: Fox Lake, Carroll Lake
  • Foundation Details: Basement
  • Construction Materials: Block
  • Foundation Materials: Block
  • Frontage Feet: 73
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 73x125x73x125
  • Parcel Number: 1703430018

Rental Info

  • Deposit Amount: 40000.00

Tax Info

  • Tax Amount Summer: 416.0000
  • Tax Amount Winter: 448.0000
  • Total Tax: 864.0000
  • Taxable Value: 21600.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Oct 30, 2024
Sold by
James Arthur Property Investments Llc
Bought by
Fishman-Commerce Llc
Seller's Agent
Randy Palmer
Palmer Realty Services LLC
Buyer's Agent
Randy Palmer
Palmer Realty Services LLC
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%
Views
337
Current Estimated Value
$135,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,207
Avg. Annual Appreciation
157.75%

Purchase Details

Closed on
May 20, 2024
Sold by
Wells Fargo Usa Holdings Inc
Bought by
James Arthur Property Inv Llc

Purchase Details

Closed on
Aug 22, 2023
Sold by
Oakland County
Bought by
Wells Fargo Usa Holdings Incorporated

Purchase Details

Closed on
Jul 8, 1997
Sold by
Bennett John Joseph
Bought by
Bennett John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
7.94%

Purchase Details

Closed on
Oct 27, 1994
Sold by
Klein Mildred M
Bought by
Bennett John Joseph
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 Type Sale Price Title Company
Warranty Deed $55,000 None Listed On Document
Warranty Deed $55,000 None Listed On Document
Deed $35,100 None Listed On Document
Deed $35,100 None Listed On Document
Sheriffs Deed $40,138 None Listed On Document
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $55,000 -29.0% $143 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $77,500 -0.6% $202 / Sq Ft
10/02/2024 10/02/24 Price Changed $78,000 -1.3% $203 / Sq Ft
09/27/2024 09/27/24 Price Changed $79,000 -0.6% $206 / Sq Ft
09/22/2024 09/22/24 Price Changed $79,500 -0.5% $207 / Sq Ft
09/16/2024 09/16/24 Price Changed $79,900 -0.1% $208 / Sq Ft
09/09/2024 09/09/24 Price Changed $79,999 0.0% $208 / Sq Ft
09/06/2024 09/06/24 Price Changed $80,000 -1.8% $208 / Sq Ft
08/30/2024 08/30/24 Price Changed $81,500 -1.2% $212 / Sq Ft
08/21/2024 08/21/24 Price Changed $82,500 -2.9% $215 / Sq Ft
08/12/2024 08/12/24 Price Changed $85,000 -2.9% $221 / Sq Ft
08/06/2024 08/06/24 Price Changed $87,500 -1.6% $228 / Sq Ft
08/01/2024 08/01/24 Price Changed $88,900 -0.1% $232 / Sq Ft
07/15/2024 07/15/24 Price Changed $89,000 -0.6% $232 / Sq Ft
07/08/2024 07/08/24 Price Changed $89,500 -0.4% $233 / Sq Ft
06/15/2024 06/15/24 For Sale $89,900 -- $234 / 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 $441 $47,320 $0 $0
2023 $416 $42,120 $0 $0
2022 $843 $39,680 $0 $0
2021 $823 $37,390 $0 $0
2020 $411 $34,870 $0 $0
2019 $1,082 $34,150 $0 $0
2018 $1,059 $32,020 $0 $0
2017 $1,044 $32,020 $0 $0
2016 $1,034 $31,050 $0 $0
2015 -- $26,920 $0 $0
2014 -- $24,690 $0 $0
2011 -- $31,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Randy Palmer

    Palmer Realty Services LLC

    (248) 301-2401

    1 in this area

    52 Total Sales

    Randy Palmer
    Section Image
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Map

Source: Realcomp

MLS Number: 20240042317

Realcomp

APN: 17-03-430-018

Michigan Oakland County Commerce Township 48382

5687 Carroll Lake Rd, Commerce Township, MI

This home is located at 5687 Carroll Lake Rd, Commerce Township, MI 48382 and is currently priced at $55,000, approximately $143 per square foot. This property was built in 1947. 5687 Carroll Lake Rd is a home located in Oakland County with nearby schools including Commerce Elementary School, Clifford H. Smart Middle School, and Walled Lake Northern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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