$157,000
SOLD MAR 11, 2021

5877 Twin Oaks Dr Unit 48 Sterling Heights, MI 48314

2 Beds
2 Baths
1,057 Sq Ft
$260/mo HOA Fee

Recently Sold

$149 Per Sq Ft

8% Below List Price

16 Days on Market

Highlights

  • End Unit
  • Ground Level Unit
  • 1 Car Attached Garage
  • Corner Lot
  • Balcony
  • 1-Story Property

About This Home

As of March 2021

Come check out this impeccable private upper unit with a balcony! Remodeled in Dec/2020 with new; floors, paint, recess lights, carpet and updated kitchen with granite tops. Great Samsung appliances and a new water heater 12/2018. Great location just south of M59, Utica School district. You don't want to miss this one!

Last Agent to Sell the Property

Sam Tolla

Community Choice Realty Inc License #6501395825 Listed on: 01/25/2021

Community Choice Realty Inc

Co-Listed By

Maryam Tolla

Community Choice Realty Inc License #6501406003

Last Buyer's Agent

Mary (Betsy) Henry

Real Estate One-Troy License #RCO-6501263067

Real Estate One-Troy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2002 | Remodeled in 2020

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 1,057 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Gatway Oaks Condos C/O A Condo Mtg Co. Po Box 81561 Association, Phone Number (248) 650-8983
  • Gateway Oaks Condo #760 Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 1005278048

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,277

Year Built

Built in 2002 | Remodeled in 2020

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit
  • Architecture Level: 1 Story Up
  • Year Built: 2002
  • State Equalized Value: 69100.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1057
  • Total Sq Ft: 1057

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Brick Veneer (Brick Siding)
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-650-8983
  • Association Fee: 260
  • Association Contact: Gatway Oaks Condos C/O A Condo Mtg Co. PO BOX 81561
  • Association Fee: Yes

Schools

  • School District: Utica

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 1005278048

Tax Info

  • Tax Amount Summer: 2577.0000
  • Tax Amount Winter: 700.0000
  • Total Tax: 3277.0000
  • Taxable Value: 59335.0000

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 11, 2021
Sold by
Tolla Sammer
Bought by
Abeto Jennifer G
Seller's Agent
Sam Tolla
Community Choice Realty Inc
Buyer's Agent
Mary (Betsy) Henry
Real Estate One-Troy
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%
Total Days on Market
16
Current Estimated Value
$220,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,345
Avg. Annual Appreciation
8.30%
Original Mortgage
$120,800
Outstanding Balance
$110,492
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$109,853

Purchase Details

Closed on
Apr 23, 2018
Sold by
Tolla Salam T
Bought by
Tolla Sammer

Purchase Details

Listed on
Jul 9, 2014
Closed on
Feb 23, 2015
Sold by
Mormino Eve M
Bought by
Tolla Salam S
Seller's Agent
Candace Marie
Keller Williams Realty-Great Lakes
Buyer's Agent
Candace Marie
Keller Williams Realty-Great Lakes
List Price
$79,500
Sold Price
$104,000
Premium/Discount to List
$24,500
30.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Sep 17, 2010
Sold by
Mormino Eve
Bought by
Gateway Oaks Condominium Association
Source: Public Records

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Range of Values:

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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 $157,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $104,000 Reputation First Title Agenc
Sheriffs Deed $4,252 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,800 New Conventional
Previous Owner $125,179 Unknown
Previous Owner $15,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $157,000 -7.6% $149 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $169,900 +63.4% $161 / Sq Ft
02/23/2015 02/23/15 Sold $104,000 +30.8% $96 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $79,500 -- $74 / 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 $2,917 $86,800 $0 $0
2023 $2,754 $82,600 $0 $0
2022 $2,871 $75,300 $0 $0
2021 $2,321 $71,800 $0 $0
2020 $2,577 $69,100 $0 $0
2019 $3,130 $65,700 $0 $0
2018 $2,146 $56,600 $0 $0
2017 $2,049 $55,200 $6,000 $49,200
2016 $1,979 $55,200 $0 $0
2015 -- $55,100 $0 $0
2014 -- $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Tolla

    Seller's Agent in 2021

    Sam Tolla

    Community Choice Realty Inc

    (586) 744-5031

    34 in this area

    84 Total Sales

    Sam Tolla
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Maryam Tolla

    Community Choice Realty Inc

  • Mary (Betsy) Henry

    Buyer's Agent in 2021

    Mary (Betsy) Henry

    Real Estate One-Troy

    (248) 770-3422

    8 in this area

    93 Total Sales

    Mary (Betsy) Henry
    Section Image

  • L

    Buyer's Agent in 2021

    Lynn Henderson

    Temporary Inactive Users

  • Candace Marie

    Seller's Agent in 2015

    Candace Marie

    Keller Williams Realty-Great Lakes

    (586) 383-1583

    4 in this area

    81 Total Sales

    Candace Marie
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210002890

Realcomp

APN: 10-10-05-278-048

Michigan Macomb County Sterling Heights 48314

5877 Twin Oaks Dr Unit 48, Sterling Heights, MI

This home is located at 5877 Twin Oaks Dr Unit 48, Sterling Heights, MI 48314 and is currently priced at $157,000, approximately $148 per square foot. This property was built in 2002. 5877 Twin Oaks Dr Unit 48 is a home located in Macomb County with nearby schools including Schwarzkoff Elementary School, Davis Junior High School, and Adlai Stevenson High School.

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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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