5785 Lancaster Ln Commerce Township, MI 48382
Estimated Value: $512,473 - $586,000
4
Beds
3
Baths
2,798
Sq Ft
$196/Sq Ft
Est. Value
About This Home
This home is located at 5785 Lancaster Ln, Commerce Township, MI 48382 and is currently estimated at $547,618, approximately $195 per square foot. 5785 Lancaster Ln 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 11, 2013
Sold by
Jamil Nader F and Petrous Gloria
Bought by
Jamil Nader and Jamil Gloria
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$198,663
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$348,955
Purchase Details
Closed on
Oct 5, 2007
Sold by
Baurmann Tom and Baurmann Kimberly C
Bought by
Petrous Gloria and Jamil Nader F
Purchase Details
Closed on
Jul 2, 2003
Sold by
E R Thomas Development Co
Bought by
Baurmann Tom and Baurmann Kimberly C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jamil Nader | -- | Abstract Title Agency | |
| Petrous Gloria | $310,000 | Title One Inc | |
| Baurmann Tom | $310,400 | First Michigan Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jamil Nader | $285,000 |
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 | $4,560 | $253,350 | $0 | $0 |
| 2024 | $2,789 | $244,790 | $0 | $0 |
| 2023 | $2,630 | $222,500 | $0 | $0 |
| 2022 | $4,070 | $211,740 | $0 | $0 |
| 2021 | $3,992 | $209,220 | $0 | $0 |
| 2020 | $2,599 | $204,090 | $0 | $0 |
| 2019 | $3,803 | $188,070 | $0 | $0 |
| 2018 | $3,778 | $180,720 | $0 | $0 |
| 2017 | $3,723 | $180,720 | $0 | $0 |
| 2016 | $3,676 | $170,110 | $0 | $0 |
| 2015 | -- | $164,510 | $0 | $0 |
| 2014 | -- | $153,580 | $0 | $0 |
| 2011 | -- | $106,160 | $0 | $0 |
Source: Public Records
Map
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