NOT LISTED FOR SALE

Estimated Value: $716,721 - $841,000

4 Beds
5 Baths
3,530 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $534,000 $151 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,849/month

58 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Jetted Tub in Primary Bathroom
  • Walled Lake Central High School Rated A-
  • Wooded Lot
  • 3.5 Car Direct Access Garage

About This Home

As of October 2020

Elegant brick cape cod home in the highly sought after Chelsea Park subdivision. Situated on a gorgeous wooded lot, pond view and private court. Two story foyer with beautiful curved staircase. Over sized updated gourmet kitchen with stone backsplash, an island with seating and storage, unique light fixtures, built-in oven and range, breakfast nook and all newer stainless steel appliances. Huge great room with gas fireplace. Large formal dining room. An additional first floor room that could be used as an at home office or living room. Master bedroom with vaulted ceiling and a huge walk-in closet; private master bath includes a sizable two sink vanity, Jacuzzi tub and glass enclosed shower. Additional features include taller ceilings, recess lighting, first floor laundry, and bedrooms all have their own bathroom. Finish the basement to your own design and expand the living space. Huge two tier deck, paver driveway and patio and a sprinkler system.

Last Listed By

Mark Zawaideh

EXP Z Real Estate License #6506043253 Listed on: 07/10/2020

EXP Z Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 27x150x95x101x138x25
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,530 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Built-In Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3.5 Car Direct Access Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Hills Of Chelsea Park No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1832151008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,828

Year Built

Built in 1998

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: 11.36
  • Year Built: 1998
  • State Equalized Value: 267240.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Built-In Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3530
  • Total Sq Ft: 3530
  • Sq Ft Total Bsmt: 2267

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 27
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3.5 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Workshop
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 700
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1285476.1905
  • Lot Features: Wooded
  • Lot Size Area: 0.42
  • Lot Dimensions: 27x150x95x101x138x25
  • Parcel Number: 1832151008

Tax Info

  • Tax Amount Summer: 4751.0000
  • Tax Amount Winter: 3077.0000
  • Total Tax: 7828.0000
  • Taxable Value: 225660.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 23, 2020
Sold by
Cho Kyu Hwa and Cho Sung Hee
Bought by
Lee Kiho and Lee Jiyoun
Seller's Agent
Mark Zawaideh
EXP Z Real Estate
Buyer's Agent
June Noh
Keller Williams Somerset
List Price
$559,500
Sold Price
$534,000
Premium/Discount to List
-$25,500
-4.56%
Total Days on Market
58
Current Estimated Value
$771,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,180
Avg. Annual Appreciation
8.37%
Original Mortgage
$284,000
Outstanding Balance
$256,004
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$515,176

Purchase Details

Closed on
Jun 16, 1998
Sold by
Ivanhoe Hunley Chelesa P
Bought by
Cho Kyu Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.18%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Chelsea Dev Ltd Ptns
Bought by
Park Ivanhoe Huntley Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.18%

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
Lee Kiho $534,000 None Available
Cho Kyu Hwa -- --
Park Ivanhoe Huntley Chelsea $141,570 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kiho $284,000
Previous Owner Cho Kyu Hwa $270,000
Previous Owner Park Ivanhoe Huntley Chelsea $407,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $534,000 -1.1% $151 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/26/2020 08/26/20 Price Changed $539,900 -3.5% $153 / Sq Ft
07/10/2020 07/10/20 For Sale $559,500 -- $158 / 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 $5,940 $323,280 $0 $0
2022 $5,601 $277,050 $45,510 $231,540
2021 $9,343 $271,160 $0 $0
2020 $4,811 $271,030 $45,510 $225,520
2018 $7,856 $281,660 $45,850 $235,810
2015 -- $247,310 $0 $0
2014 -- $228,920 $0 $0
2011 -- $196,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200050735

Realcomp

APN: 18-32-151-008