NOT LISTED FOR SALE

740 Lake Ridge Rd Rochester Hills, MI 48307

Estimated Value: $548,000 - $591,000

4 Beds
2 Baths
3,525 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $452,000 $128 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,669/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Workshop
  • Cathedral Ceiling
  • Den
  • Formal Dining Room

About This Home

As of September 2022

Beautiful 4 Bdrm Home Ready For You to Move In! The front door opens up to the spacious hrdwd floor entryway, w/the majestic stairway visible. The Den on the FF is perfect for an office, playroom, or extra bdrm. Large LR w/ Formal Dining Area that opens up to the beautiful white cabinetry in the Kitchen w/Granite. FR (with surround sound) connects to the kitchen, offering a bright open floor plan on the first level. Lav. recently updated. FF Laundry and Garage has a 110 outlet located as to be able to accommodate an EV for charging. Upstairs landing of 9x4. Primary w/walk-in closet and bthrm. Full bthrms upstairs have been updated. Basmt w/finished area of 20x13 w/carpet and Workshop of 14x7. Brick Paver Patio. Backyard is private and wooded. As for the front yard, no houses directly across the street (wooded view). Updated Water Heater 2021; HE Furnace 2020; AC 2020. 1 mile away from Avondale Gate Magnet School (Grades 2nd-8th) Minutes from Downtown Rochester. Easy access to I-75 as well as shopping and specialty stores (Fresh Thyme).Subject to Relocation Company Approval.

Last Agent to Sell the Property

Carol Murray

Keller Williams Realty Lakeside License #MISPE-6506043213 Listed on: 07/24/2022

Keller Williams Realty Lakeside

Co-Listed By

Charles Provenzano

Keller Williams Realty Lakeside License #MISPE-6501424214

Last Buyer's Agent

Patricia Rusnell

Century 21 Professionals Livonia License #6501256650

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 79x142
  • Sprinkler System

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Cumberlandwoods@Gmail.Com HOA
  • Cumberland Woods Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 1527301003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,498

Year Built

Built in 1993

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 4498
  • Year Built: 1993
  • Mail City: Rochester Hills
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace
  • Basement: Yes
  • Basement: Full, Partial
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 17 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 11 x 11, On Level: Second, Flooring: Ceramic
  • Bathroom 2: Dimensions: 9 x 5, On Level: Second, Flooring: Ceramic
  • Room Types: Den/Study/Lib, Family Room, Living Room, Workshop, Primary Bedroom, Primary Bathroom, First Flr Lavatory, Second Flr Full Bathroom, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On Entry Level, Dimensions: 12 x 11
  • Dining Room Floor Covering: Carpet
  • Family Room: On Entry Level, Dimensions: 19 x 18
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 18 x 15
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor, Dimensions: 7 x 7
  • Laundry Room Floor Covering: Vinyl
  • Library Den: On Entry Level, Dimensions: 12 x 12
  • Library Den Floor Covering: Carpet
  • Living Room: On Entry Level, Dimensions: 12 x 11
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1383
  • Finished Below Grade Sq Ft: 800
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2725
  • Total Finished Sq Ft: 3525

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Lawn Sprinkler, Patio, Porch
  • Foundation: Basement
  • Frontage: 79
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 175
  • HOA Fee Frequency: Yearly
  • Community Features: Grounds Maintenance
  • Association Contact: cumberlandwoods@gmail.com
  • Association Phone: oakman67@gmail
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 1527301003
  • Zoning: Residential
  • Lot Dimensions: 79x142
  • Acreage: 0.26
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Number Limit

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,715.00
  • Winter Tax: Year: 2021, Amount: $2,233.00
  • Taxable Value: 149430
  • Total Tax: Amount: $4,498.00
  • SEV Year: 2022

MLS Schools

  • School District: Avondale School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Desouza Urban J
Bought by
Dwyer Colleen
Current Estimated Value
$570,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2020
Sold by
Desouza Urban J and Fonseca Joan
Bought by
Desouza Urban J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2011
Sold by
Khetan Ashish and Khetan Ritu
Bought by
Desouza Urban J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Hichme Mike
Bought by
Khetan Ashish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.82%

Purchase Details

Closed on
Dec 23, 1998
Sold by
Hichme Sabah
Bought by
Hichme Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 31, 1995
Sold by
Adco Homes Inc
Bought by
Hichme Mike and Hichme Sabah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1994
Sold by
Cumberland Assoc
Bought by
A P Merlin Ltd Ptns
Source: Public Records

Range of Values:

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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
Dwyer Colleen $452,000 --
Desouza Urban J -- None Available
Desouza Urban J $243,000 None Available
Khetan Ashish -- --
Hichme Mike -- --
Hichme Mike $259,900 --
A P Merlin Ltd Ptns $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dwyer Colleen $157,000
Previous Owner Desouza Urban J $275,000
Previous Owner Desouza Urban J $159,000
Previous Owner Desouza Urban J $194,400
Previous Owner Khetan Ashish $200,000
Previous Owner Khetan Ashish $34,000
Previous Owner Hichme Mike $197,000
Previous Owner Hichme Mike $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $452,000 -3.8% $128 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $469,900 -4.1% $133 / Sq Ft
07/24/2022 07/24/22 For Sale $489,900 -- $139 / Sq Ft
Source: Michigan Multiple Listing Service

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
2022 $4,249 $199,280 $0 $0
2018 $4,671 $168,940 $0 $0
2017 $4,581 $166,000 $0 $0
2015 -- $150,660 $0 $0
2014 -- $142,080 $0 $0
2011 -- $127,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50083875

Michigan Multiple Listing Service

APN: 15-27-301-003