NOT LISTED FOR SALE

7040 Villa Dr Unit 7 Waterford, MI 48327

Waterford Township Neighborhood

Estimated Value: $107,000 - $124,000

2 Beds
1 Bath
860 Sq Ft
$195/mo HOA Fee

Last Sold November 06, 2018

Last sale price $61,800 $72 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $862/month

15 Days on Market

Highlights

  • Balcony
  • 1-Story Property
  • Baseboard Heating
  • Lobby
  • Ceiling Fan
  • High Speed Internet

About This Home

As of November 2018

Wonderful condo in great sub in "move in" condition. Newer windows, flooring, counter tops, stove, refrigerator & microwave! Taxes are non homestead, if it is your primary residence you could apply for a homestead exemption. With our current shortage of inventory you need to see this affordable gem before its gone!

Last Agent to Sell the Property

Dennis Leland Sr

Remerica United Realty License #6502352866 Listed on: 09/12/2018

Remerica United Realty

Last Buyer's Agent

Robert Torrey

NextHome Showcase License #RCO-6501381624

NextHome Showcase

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1969 | Remodeled in 2016

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Shared Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1331476048

Community Details

Overview

  • Mike Nuhn Association, Phone Number (248) 421-6208
  • The Villas On The Hill Occpn 283 Subdivision

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$560

Year Built

Built in 1969 | Remodeled in 2016

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story Up
  • Year Built: 1969
  • Year Renovated: 2016
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Intercom
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Disposal, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 860

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block, Poured
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-421-6208
  • Association Fee: 195
  • Association Contact: Mike Nuhn
  • Association Fee: Yes

Lot Info

  • Parcel Number: 1331476048

Tax Info

  • Tax Amount Summer: 430.0000
  • Tax Amount Winter: 130.0000
  • Total Tax: 560.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 6, 2018
Sold by
Arghavani Badrabadi Mohammad Hassan
Bought by
Sassani Arianna M
Seller's Agent
Dennis Leland Sr
Remerica United Realty
Buyer's Agent
Robert Torrey
NextHome Showcase
List Price
$63,500
Sold Price
$61,800
Premium/Discount to List
-$1,700
-2.68%
Current Estimated Value
$115,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,578
Avg. Annual Appreciation
9.36%
Original Mortgage
$58,710
Outstanding Balance
$51,518
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$63,860

Purchase Details

Closed on
Feb 20, 2013
Sold by
Phillips Keith R and Phillips Helen E
Bought by
Arghavani Badrabadi Mohammad Hassan

Purchase Details

Closed on
Jul 16, 2010
Sold by
Henderson David
Bought by
Phillips Keith R and Phillips Helen E
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
Sassani Arianna M $61,800 First American Title
Arghavani Badrabadi Mohammad Hassan $19,133 First American Title Ins Co
Phillips Keith R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sassani Arianna M $58,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2018 11/06/18 Sold $61,800 -2.7% $72 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $63,500 0.0% $74 / Sq Ft
05/06/2015 05/06/15 Rented $690 -8.0% --
05/06/2015 05/06/15 Under Contract -- -- --
02/01/2015 02/01/15 For Rent $750 -- --
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 $716 $43,610 $0 $0
2023 $684 $31,990 $0 $0
2022 $1,100 $30,460 $0 $0
2021 $1,072 $30,770 $0 $0
2020 $645 $29,970 $0 $0
2019 $1,050 $29,480 $0 $0
2018 $596 $16,800 $0 $0
2017 $560 $16,800 $0 $0
2016 $558 $14,470 $0 $0
2015 -- $10,660 $0 $0
2014 -- $10,580 $0 $0
2011 -- $18,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dennis Leland Sr

    Remerica United Realty

    (248) 739-2422

    1 in this area

    35 Total Sales

    Dennis Leland Sr
    Section Image
  • Robert Torrey

    Buyer's Agent in 2018

    Robert Torrey

    NextHome Showcase

    (248) 701-0480

    51 in this area

    144 Total Sales

    Robert Torrey
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218089168

Realcomp

APN: 13-31-476-048

Michigan Oakland County Waterford 48327 Waterford Township

7040 Villa Dr Unit 7, Waterford, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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