NOT LISTED FOR SALE

589 Marcy Ln Leonard, MI 48367

Estimated Value: $646,000 - $719,305

4 Beds
4 Baths
3,120 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $439,000 $141 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,212/month

41 Days on Market

Highlights

  • Home fronts a pond
  • Colonial Architecture
  • Ground Level Unit
  • 2 Acre Lot
  • Deck
  • No HOA

About This Home

As of July 2020

Vacation in your own backyard and enjoy your little piece of heaven with this custom built brick colonial on over 2 acres. The property is situated deep within the lot and sits on a premium elevation which rewards you with a walkout lower level. This property is centrally located and is only minutes away from the bustling downtown Rochester Hills area, a short drive to Romeo and only minutes away from Addison Oaks and Lakeville and is located in the Award Winning Romeo School District. The hard work has all been completed including a new tear off roof in 18', new furnace in 17', solar panels in 18' and an above ground pool in 17'. The home has been freshly painted throughout and has a very open concept main floor with a grand two story entrance. The second floor has four generous bedrooms including the spacious master with a double sided fireplace, jetted tub and a huge bonus space. The lower level has a theater room, stone wet bar and gaming area. This property is ready to go!

Last Agent to Sell the Property

Jeremy Watters

Max Broock, REALTORS®-Birmingham License #6501350913 Listed on: 05/15/2020

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Mary Rettig

RE/MAX Classic License #6506045395

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 320x350x453x137
  • Home fronts a pond
  • Irregular Lot

Home Design

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

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Air Purifier
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 0535200065

Community Details

Overview

  • No Home Owners Association
  • Property is near a ravine

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 304.49
  • Year Built: 1997
  • State Equalized Value: 208870.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, De-Humidifier, High Spd Internet Avail, Programmable Thermostat, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Total Sq Ft: 3120

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 222500.0000
  • Lot Features: Hilly-Ravine, Irregular
  • Lot Size Area: 2.00
  • Lot Dimensions: 320x350x453x137
  • Parcel Number: 0535200065

Tax Info

  • Tax Amount Summer: 3189.0000
  • Tax Amount Winter: 1921.0000
  • Total Tax: 5110.0000
  • Taxable Value: 175650.0000

MLS Schools

  • School District: Romeo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 2, 2020
Sold by
Purdy William A and Purdy Jessica R
Bought by
Butler Aaron
Seller's Agent
Jeremy Watters
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Mary Rettig
RE/MAX Classic
List Price
$445,000
Sold Price
$439,000
Premium/Discount to List
-$6,000
-1.35%
Current Estimated Value
$673,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,076
Avg. Annual Appreciation
8.00%
Original Mortgage
$373,150
Outstanding Balance
$328,663
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$344,413

Purchase Details

Closed on
Nov 9, 2016
Sold by
Purdy Ii William A and Purdy Jessica R
Bought by
Purdy Ii William A and Purdy Jessica R

Purchase Details

Listed on
Sep 12, 2014
Closed on
Nov 18, 2014
Sold by
Lucci Peter Alan and Lucci Josette Mae
Bought by
Purdy Ii William A
Seller's Agent
Stacy Peardon
Epique Inc.
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$342,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2000
Sold by
Lee Thomas
Bought by
Lucci Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Butler Aaron $439,000 None Available
Purdy Ii William A -- None Available
Purdy Ii William A $360,000 None Available
Lucci Peter A $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Aaron $373,150
Previous Owner Purdy Ii William A $342,000
Previous Owner Lucci Peter A $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $439,000 -1.3% $141 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $445,000 +23.6% $143 / Sq Ft
11/18/2014 11/18/14 Sold $360,000 -2.7% $115 / Sq Ft View Prior Sale
10/02/2014 10/02/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $369,900 -- $119 / 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
2025 $8,722 $288,990 $0 $0
2024 $5,193 $291,830 $0 $0
2023 $5,005 $262,550 $0 $0
2022 $7,828 $242,430 $0 $0
2021 $7,579 $250,340 $0 $0
2020 $3,576 $236,120 $0 $0
2019 $5,111 $208,870 $0 $0
2018 $4,992 $183,590 $0 $0
2017 $4,509 $183,590 $0 $0
2016 $4,715 $166,160 $0 $0
2015 -- $166,040 $0 $0
2014 -- $149,430 $0 $0
2011 -- $122,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200033506

Realcomp

APN: 05-35-200-065