NOT LISTED FOR SALE

65438 Place Rd Lenox, MI 48050

Estimated Value: $416,000 - $523,000

3 Beds
2 Baths
1,650 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $395,000 $239 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,837/month

3 Days on Market

Highlights

  • 7.42 Acre Lot
  • Deck
  • Horse or Livestock Barn
  • Will L. Lee School Rated A-
  • Pond
  • 2 Car Garage

About This Home

As of July 2021

Private Country Estate! Cedar home on 7.42 acres with Pond and Horse Barn including an Indoor Riding Arena. 40 x 50 Horse Barn has 3 nice size Stalls, Tack Room, Water, Electric and also has Work Shop! 60 x 98 Indoor Riding Arena and 2 Outdoor Paddocks. Loft can be used as 3rd bedroom. Home has been updated...Granite Counter Top, Full Baths, Windows 2019, Hot Water Tank 2020, Painted and Caulked Exterior 2021, New Roof on Barn 2017, Sump Pump with Battery Backup. Enjoy wildlife out your backdoor! Pond is 14 feet deep...enjoy fishing as well!

Last Agent to Sell the Property

Dan Glaza

Realty Executives Home Towne Chesterfield License #MISPE-6501252168 Listed on: 06/04/2021

Realty Executives Home Towne Chesterfield

Last Buyer's Agent

Zac Harrison

Top Agent Realty License #6501432479

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988

Lot Details

  • 7.42 Acre Lot
  • Lot Dimensions are 502 x 624 x 498 x 624
  • Rural Setting

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Cedar

Interior Spaces

  • 1,650 Sq Ft Home
  • 1.5-Story Property
  • Entryway
  • Family Room
  • Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near a pond
  • Pond
  • Deck

Additional Features

  • Horse or Livestock Barn
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 19-06-08-300-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,558

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Split Level
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 4558
  • Year Built: 1988
  • Mail City: Lenox
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 16 x 15
  • Bedroom 2: On Entry Level, Dimensions: 10 x 14
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Entry
  • Bathroom 2: On Level: Entry
  • Room Types: Entry, Family Room
  • Family Room: On Entry Level, Dimensions: 20 x 17
  • Kitchen: On Entry Level, Dimensions: 17 x 13
  • Below Grade Sq Ft: 1650
  • Above Grade Finished Sq Ft: 1650
  • Total Finished Sq Ft: 1650

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Deck, Pond
  • Foundation: Basement
  • Frontage: 502
  • Road: Gravel
  • Water Features: Pond
  • Out Buildings: Barn

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Farm Features: Horse Barn
  • Assessor Parcel Number: 19-06-08-300-021
  • Location: Rural
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 502 x 624 x 498 x 624
  • Acreage: 7.42
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $3,446.00
  • Winter Tax: Year: 2020, Amount: $1,112.00
  • Total Tax: Amount: $4,558.00

MLS Schools

  • School District: Richmond Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 20, 2021
Sold by
Locklear Leon and Locklear Karen J
Bought by
Fradi Riad
Seller's Agent
Dan Glaza
Realty Executives Home Towne Chesterfield
Buyer's Agent
Zac Harrison
Top Agent Realty
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$476,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,717
Avg. Annual Appreciation
4.25%
Original Mortgage
$870,500
Outstanding Balance
$782,701
Interest Rate
2.88%
Estimated Equity
-$305,984

Purchase Details

Closed on
Apr 16, 2020
Sold by
Locklear Leon and Locklear Karen J
Bought by
The Locklear Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2017
Sold by
Locklear Leon and Locklear Karen J
Bought by
Locklear Leon and Locklear Karen J

Purchase Details

Listed on
May 7, 2015
Closed on
Aug 13, 2015
Sold by
Engelking David and Engelking Cynthia
Bought by
Locklear Leon and Locklear Karen J
Seller's Agent
Dan Glaza
Realty Executives Home Towne Chesterfield
Buyer's Agent
Dan Glaza
Realty Executives Home Towne Chesterfield
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$190,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Borkowski Tom J and Borkowski Frances M
Bought by
Engelking David and Engelking Cynthia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fradi Riad $395,000 Service One Title Agency Llc
The Locklear Living Trust -- Michigan Land Title
Locklear Karen J -- Premier Title
Locklear Leon -- None Available
Locklear Leon $285,000 --
Engelking David $371,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fradi Riad $870,500
Previous Owner Locklear Karen J $182,000
Previous Owner Locklear Leon $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $395,000 -1.0% $239 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $399,000 +40.0% $242 / Sq Ft
07/27/2015 07/27/15 Sold $285,000 -4.7% $173 / Sq Ft View Prior Sale
06/26/2015 06/26/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $299,000 -- $181 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,335 $219,600 $0 $0
2024 $43 $209,300 $0 $0
2023 $4,076 $185,200 $0 $0
2022 $5,196 $164,900 $0 $0
2021 $4,586 $152,300 $0 $0
2020 $3,446 $147,800 $0 $0
2019 $4,028 $142,300 $0 $0
2018 $0 $153,100 $0 $0
2017 $4,083 $142,500 $32,900 $109,600
2016 $4,055 $142,500 $0 $0
2015 -- $143,600 $0 $0
2012 $323 $122,187 $0 $0
2011 $323 $145,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Glaza

    Seller's Agent in 2021

    Dan Glaza

    Realty Executives

    (586) 405-5833

    3 in this area

    29 Total Sales

    Dan Glaza
    Section Image
  • Zac Harrison

    Buyer's Agent in 2021

    Zac Harrison

    Top Agent Realty

    (586) 229-3099

    1 in this area

    82 Total Sales

    Zac Harrison
    Section Image

  • Z

    Buyer's Agent in 2021

    Zachary Harrison

    Keller Williams Lakeside

    (586) 532-0500

    1 in this area

    28 Total Sales

    Zachary Harrison
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50044014

Michigan Multiple Listing Service

APN: 19-06-08-300-021

Michigan Macomb County Lenox 48050

65438 Place Rd, Lenox, MI

Not Listed for Sale

Detached

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Michigan Multiple Listing Service Source MLS: MiRealSource
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