NOT LISTED FOR SALE

5924 Turnberry Ct South Lyon, MI 48178

Estimated Value: $574,000 - $891,000

3.95 Acres
$197,098 Price per Acre
172,062 Sq Ft Lot

Last Sold June 23, 2017

Last sale price $220,000 $74 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $5,171/month

7 Days on Market

Highlights

  • Gated Community
  • 3.95 Acre Lot
  • Wooded Lot
  • Millennium Middle School Rated A-

About This Lot

As of June 2017

Build your dream home in this truly wonderful community featuring 19 beautifully wooded home sites, gated entryway, low association fees, paved roadways, plenty of wildlife and woodlands. Award winning builder will help you plan your home from conception to completion, including interior design, selections and landscaping. Actual price will depend on factors, such as: final square footage, exterior elevation, interior appointments, etc. Price range of homes in this subdivision range from $700,000 to $1.5 million. Attached 2,971 square foot 1st floor master, Berkshire plan, priced at $699,900 on lot J1. Location is in low taxed Salem Township, Washtenaw County, South Lyon mailing and schools; and conveniently located to Ann Arbor, Brighton, Northville, and Plymouth. Approximately 35 minutes to downtown Detroit and Metropolitan Airport. Don't miss out on one of the only interior lots left in this top notch development.

Last Agent to Sell the Property

Joe Kheder

FrontGate Realty LLC License #6502403570 Listed on: 04/29/2017

Last Buyer's Agent

Joseph Kheder

FrontGate Realty LLC License #RCO-6502403570

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3.95 Acre Lot
  • Lot Dimensions are 186 x 696 x 242 x 416 x 312
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number A00106402001

Community Details

Overview

  • Turnberry No 2 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,033

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 65450.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved, Private
  • Sideof Street: S

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 1000

Schools

  • School District: South Lyon

Lot Info

  • List Price per Acre: 55670.8861
  • Lot Features: Gated Community, Wooded
  • Lot Size Area: 3.95
  • Lot Dimensions: 186 x 696 x 242 x 416 x 312
  • Parcel Number: A00106402001
  • Percent Wooded: 65
  • Zoning: Residential
  • Improvements: Curbs, Electric, Gas
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 2920.7200
  • Tax Amount Winter: 112.6500
  • Total Tax: 3033.3700

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jun 23, 2017
Sold by
Kheder Development Custon Homes Inc
Bought by
Bayes Michael D and Cesarone Rebecca A
Seller's Agent
Joe Kheder
FrontGate Realty LLC
Buyer's Agent
Joe Kheder
FrontGate Realty LLC
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$778,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,538
Avg. Annual Appreciation
15.49%
Original Mortgage
$640,000
Outstanding Balance
$530,639
Interest Rate
3.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$172,627

Purchase Details

Closed on
May 1, 2015
Sold by
Alf Eric and Shamirzaian Armineh
Bought by
Kheder Development Custom Homes Inc

Purchase Details

Listed on
Jan 2, 2008
Closed on
Feb 26, 2014
Sold by
Turnberry Park Estates Inc
Bought by
Alf Eric
Seller's Agent
Francis Julian
Preferred, Realtors® Ltd
Buyer's Agent
David Compo
Compo R E Invest Brokerage
List Price
$245,000
Sold Price
$133,000
Premium/Discount to List
-$112,000
-45.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
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
Bayes Michael D $220,000 None Available
Kheder Development Custom Homes Inc $146,500 None Available
Alf Eric $133,000 Stg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayes Michael D $640,000
Closed Bayes Michael D $160,000
Previous Owner Kheder Development Custom Homes Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $220,000 0.0% $74 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $219,900 +65.3% $74 / Sq Ft
02/26/2014 02/26/14 Sold $133,000 -45.7% $45 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
01/02/2008 01/02/08 For Sale $245,000 -- $82 / 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 $9,317 $418,650 $0 $0
2024 $9,317 $408,600 $0 $0
2023 $8,881 $412,950 $0 $0
2022 $9,426 $391,900 $0 $0
2021 $9,106 $393,250 $0 $0
2020 $9,037 $369,700 $0 $0
2019 $878 $357,250 $357,250 $0
2018 $4,022 $88,300 $0 $0
2017 $2,987 $65,450 $0 $0
2016 $2,921 $65,450 $0 $0
2015 -- $50,350 $0 $0
2014 -- $18,502 $0 $0
2013 -- $18,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217033791

Realcomp

APN: 01-06-402-001